Analysts’ Viewpoint on Market Scenario
Rise in concerns related to water pollution generated through industrial activities is expected to fuel the Southeast Asia industrial water and wastewater treatment market size in the next few years. Industry players are increasingly prioritizing corporate social responsibility, especially activities related to sustainability. This is further expected to have a significant impact on the Southeast Asia industrial water and wastewater treatment market growth.
The expansion of infrastructure development projects in Southeast Asian countries owing to the fast paced economic growth is likely to surge the need for smart water treatment systems for industries. The increase in awareness of the ability to reuse and recycle water through water reuse and recycling solutions for industries is further expected to increase the Southeast Asia industrial water and wastewater treatment market share.
Industrial water and wastewater treatment comprises technologies and processes which are used for industrial wastewater management and compliance, and sustainable water treatment. Such treatments include contaminant elimination, industrial water purification, industrial water recycling, and advanced water filtration before the water is reused or discharged to water bodies such as rivers, lakes, or oceans.
Water and wastewater management systems are being utilized by a large number of sectors including oil & gas, mining, chemicals, and food & beverages. Rise in industrialization and increase in concerns related to the environment in countries of Southeast Asia underscores the importance of industrial water and wastewater treatments.
Expansion of manufacturing industries in Southeast Asian countries is anticipated to offer lucrative opportunities for Southeast Asia industrial water and wastewater treatment market development. For instance, as per the statistical information released by the World Bank, in 2021, the manufacturing value added (% of GDP) in Thailand was 27%, which was a rise from 26% of 2020.
Moreover, Southeast Asian countries are progressively investing in urban solutions and sustainability measures, including water treatment. These activities are expected to have a positive impact on market expansion. According to data released by GWF-wasser, in March 2022, the Government of Singapore invested US$ 220 Mn toward research innovation and Enterprise 2025 to propel its initiatives to improve its water technologies resource circulatory.
Governments in Southeast Asian countries are progressively aware and concerned about the environmental impact of wastewater. One of the key Southeast Asia industrial water and wastewater treatment market drivers is the implementation of strict rules and regulations related to how industrial wastewater has to be properly treated.
Manufacturers also are increasingly aware and emphasize more on industrial water and wastewater treatment. This is expected to reduce the operational cost. These initiatives are anticipated to have a positive impact on the Southeast Asia industrial water and wastewater treatment industry demand.
Based on end-user, the chemical & pharmaceutical segment is anticipated to hold major share in the industrial water and wastewater treatment market. Pharmaceutical industries produce large amounts of wastewater owing to poor biodegradability, high concentration, and the complexity of pharmaceutical operations, necessitating the effective treatment of pharmaceutical wastewater.
The toxic chemicals released by the chemical industry, if untreated, reaches natural water bodies and can create massive disturbance in the water’s organic balance. Thus, the importance of treating wastewater is expected to significantly boost market development.
According to the latest Southeast Asia industrial water and wastewater treatment market forecast, Thailand is anticipated to hold leading share from 2023 to 2031. Presence of numerous manufacturing plants which operate under strict environmental protection laws to reduce water pollution is a significant factor boosting market statistics in the country. Furthermore, the rise in number of industries is likely to favor market development in the country.
The market in Singapore, Indonesia, Vietnam, and Philippines is expected to grow at a steady pace in the forthcoming years, ascribed to the rise in number of industries in these countries progressively leaning toward the consideration of cost efficiency.
Detailed profiles of companies are provided in the Southeast Asia industrial water and wastewater treatment market report to evaluate their financials, key product offerings, recent developments, and strategies.
The business model of prominent manufacturers includes investments in R&D, product expansions, and mergers and acquisitions. Recent market trends underscore that product development is a major marketing strategy of key players.
The market is highly competitive with the presence of various global and regional players. HYFLUX LTD., Sembcorp Industries, TÜV SÜD, Veolia Water Technologies Pte Ltd, SUEZ, Aquatech International LLC., PUB, Taliworks Corporation Berhad, Manila Water Company Ltd, and Evoqua Water Technologies LLC are the major Southeast Asia industrial water and wastewater treatment companies.
Each of these players has been profiled in the Southeast Asia industrial water and wastewater treatment market report based on parameters such as business segments, company overview, latest developments, financial overview, product portfolio, and business strategies.
Attribute | Detail |
---|---|
Market Value in 2022 |
US$ 18.1 Bn |
Market Forecast Value in 2031 |
US$ 33.2 Bn |
Growth Rate (CAGR) |
7.1% |
Forecast Period |
2023-2031 |
Historical Data Available for |
2017-2021 |
Quantitative Units |
US$ Bn for Value |
Market Analysis |
It includes cross-segment analysis at the Southeast Asia as well as regional levels. Furthermore, the qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
Competition Landscape |
|
Format |
Electronic (PDF) + Excel |
Market Segmentation |
|
Countries Covered |
|
Companies Profiled |
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Customization Scope |
Available upon request |
Pricing |
Available upon request |
It was valued at US$ 18.1 Bn in 2022
The CAGR is estimated to be CAGR 7.1% from 2023 to 2031
Growth of manufacturing industry, and government investments in sustainability measures
The chemical & pharmaceutical segment is expected to account for leading share in terms of end-user during the forecast period
Thailand is anticipated to hold a prominent share during the forecast period
HYFLUX LTD., Sembcorp Industries, TÜV SÜD, Veolia Water Technologies Pte Ltd, SUEZ, Aquatech International LLC., PUB, Taliworks Corporation Berhad, Manila Water Company Ltd, and Evoqua Water Technologies LLC.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Key Trends Analysis
5.2.1. Demand Side Analysis
5.2.2. Supply Side Analysis
5.3. Key Market Indicators
5.4. Porter’s Five Forces Analysis
5.5. Value Chain Analysis
5.6. Industry SWOT Analysis
5.7. COVID-19 Impact Analysis
5.8. Southeast Asia Industrial Water and Wastewater Treatment Market Analysis and Forecast, 2017 - 2031
5.8.1. Market Value Projections (US$ Mn)
6. Southeast Asia Industrial Water and Wastewater Treatment Market Analysis and Forecast, by Technology
6.1. Southeast Asia Industrial Water and Wastewater Treatment Market Size (US$ Mn), by Technology, 2017 - 2031
6.1.1. Coagulants
6.1.2. Flocculants
6.1.3. Corrosion Inhibitors
6.1.4. Scale Inhibitors
6.1.5. Biocides & Disinfectants
6.1.6. Others (Chelating Agents, Anti-Foaming Agents, etc.)
6.2. Incremental Opportunity, by Technology
7. Southeast Asia Industrial Water and Wastewater Treatment Market Analysis and Forecast, by End-user
7.1. Southeast Asia Industrial Water and Wastewater Treatment Market Size (US$ Mn), by End-user, 2017 - 2031
7.1.1. Chemical & Pharmaceutical
7.1.2. Oil & Gas
7.1.3. Mining
7.1.4. Textile
7.1.5. Food and Beverage
7.1.6. Others (Pulp & Paper, etc.)
7.2. Incremental Opportunity, by End-user
8. Singapore Industrial Water and Wastewater Treatment Market Analysis and Forecast
8.1. Country Snapshot
8.2. Key Supplier Analysis
8.3. Key Trends Analysis
8.3.1. Supply Side
8.3.2. Demand Side
8.4. Price Trend Analysis
8.4.1. Weighted Average Selling Price (US$)
8.5. Industrial Water and Wastewater Treatment Market Size (US$ Mn), by Technology, 2017 - 2031
8.5.1. Coagulants
8.5.2. Flocculants
8.5.3. Corrosion Inhibitors
8.5.4. Scale inhibitors
8.5.5. Biocides & Disinfectants
8.5.6. Others (Chelating Agents, Anti-Foaming Agents, etc.)
8.6. Industrial Water and Wastewater Treatment Market Size (US$ Mn), by End-user, 2017 - 2031
8.6.1. Chemical & Pharmaceutical
8.6.2. Oil & Gas
8.6.3. Mining
8.6.4. Textile
8.6.5. Food and Beverage
8.6.6. Others (Pulp & Paper, etc.)
9. Thailand Industrial Water and Wastewater Treatment Market Analysis and Forecast
9.1. Country Snapshot
9.2. Key Supplier Analysis
9.3. Key Trends Analysis
9.3.1. Supply Side
9.3.2. Demand Side
9.4. Price Trend Analysis
9.4.1. Weighted Average Selling Price (US$)
9.5. Industrial Water and Wastewater Treatment Market Size (US$ Mn), by Technology, 2017 - 2031
9.5.1. Coagulants
9.5.2. Flocculants
9.5.3. Corrosion Inhibitors
9.5.4. Scale inhibitors
9.5.5. Biocides & Disinfectants
9.5.6. Others (Chelating Agents, Anti-Foaming Agents, etc.)
9.6. Industrial Water and Wastewater Treatment Market Size (US$ Mn), by End-user, 2017 - 2031
9.6.1. Chemical & Pharmaceutical
9.6.2. Oil & Gas
9.6.3. Mining
9.6.4. Textile
9.6.5. Food and Beverage
9.6.6. Others (Pulp & Paper, etc.)
10. Malaysia Industrial Water and Wastewater Treatment Market Analysis and Forecast
10.1. Country Snapshot
10.2. Key Supplier Analysis
10.3. Key Trends Analysis
10.3.1. Supply Side
10.3.2. Demand Side
10.4. Price Trend Analysis
10.4.1. Weighted Average Selling Price (US$)
10.5. Industrial Water and Wastewater Treatment Market Size (US$ Mn), by Technology, 2017 - 2031
10.5.1. Coagulants
10.5.2. Flocculants
10.5.3. Corrosion Inhibitors
10.5.4. Scale Inhibitors
10.5.5. Biocides & Disinfectants
10.5.6. Others (Chelating Agents, Anti-Foaming Agents, etc.)
10.6. Industrial Water and Wastewater Treatment Market Size (US$ Mn), by End-user, 2017 - 2031
10.6.1. Chemical & Pharmaceutical
10.6.2. Oil & Gas
10.6.3. Mining
10.6.4. Textile
10.6.5. Food and Beverage
10.6.6. Others (Pulp & Paper, etc.)
11. Vietnam Industrial Water and Wastewater Treatment Market Analysis and Forecast
11.1. Country Snapshot
11.2. Key Supplier Analysis
11.3. Key Trends Analysis
11.3.1. Supply Side
11.3.2. Demand Side
11.4. Price Trend Analysis
11.4.1. Weighted Average Selling Price (US$)
11.5. Industrial Water and Wastewater Treatment Market Size (US$ Mn), by Technology, 2017 - 2031
11.5.1. Coagulants
11.5.2. Flocculants
11.5.3. Corrosion Inhibitors
11.5.4. Scale inhibitors
11.5.5. Biocides & Disinfectants
11.5.6. Others (Chelating Agents, Anti-Foaming Agents, etc.)
11.6. Industrial Water and Wastewater Treatment Market Size (US$ Mn), by End-user, 2017 - 2031
11.6.1. Chemical & Pharmaceutical
11.6.2. Oil & Gas
11.6.3. Mining
11.6.4. Textile
11.6.5. Food and Beverage
11.6.6. Others (Pulp & Paper, etc.)
12. Philippines Industrial Water and Wastewater Treatment Market Analysis and Forecast
12.1. Country Snapshot
12.2. Key Supplier Analysis
12.3. Key Trends Analysis
12.3.1. Supply Side
12.3.2. Demand Side
12.4. Price Trend Analysis
12.4.1. Weighted Average Selling Price (US$)
12.5. Industrial Water and Wastewater Treatment Market Size (US$ Mn), by Technology, 2017 - 2031
12.5.1. Coagulants
12.5.2. Flocculants
12.5.3. Corrosion Inhibitors
12.5.4. Scale inhibitors
12.5.5. Biocides & Disinfectants
12.5.6. Others (Chelating Agents, Anti-Foaming Agents, etc.)
12.6. Industrial Water and Wastewater Treatment Market Size (US$ Mn), by End-user, 2017 - 2031
12.6.1. Chemical & Pharmaceutical
12.6.2. Oil & Gas
12.6.3. Mining
12.6.4. Textile
12.6.5. Food and Beverage
12.6.6. Others (Pulp & Paper, etc.)
13. Competition Landscape
13.1. Competition Dashboard
13.2. Market Share Analysis % (2022)
13.3. Company Profiles [Company Overview, Product Portfolio, Financial Information, (Subject to Data Availability), Business Strategies / Recent Developments]
13.3.1. HYFLUX LTD.
13.3.1.1. Company Overview
13.3.1.2. Product Portfolio
13.3.1.3. Financial Information, (Subject to Data Availability)
13.3.1.4. Business Strategies / Recent Developments
13.3.2. Sembcorp Industries
13.3.2.1. Company Overview
13.3.2.2. Product Portfolio
13.3.2.3. Financial Information, (Subject to Data Availability)
13.3.2.4. Business Strategies / Recent Developments
13.3.3. TÜV SÜD
13.3.3.1. Company Overview
13.3.3.2. Product Portfolio
13.3.3.3. Financial Information, (Subject to Data Availability)
13.3.3.4. Business Strategies / Recent Developments
13.3.4. Veolia Water Technologies Pte Ltd
13.3.4.1. Company Overview
13.3.4.2. Product Portfolio
13.3.4.3. Financial Information, (Subject to Data Availability)
13.3.4.4. Business Strategies / Recent Developments
13.3.5. SUEZ
13.3.5.1. Company Overview
13.3.5.2. Product Portfolio
13.3.5.3. Financial Information, (Subject to Data Availability)
13.3.5.4. Business Strategies / Recent Developments
13.3.6. Aquatech International LLC.
13.3.6.1. Company Overview
13.3.6.2. Product Portfolio
13.3.6.3. Financial Information, (Subject to Data Availability)
13.3.6.4. Business Strategies / Recent Developments
13.3.7. PUB
13.3.7.1. Company Overview
13.3.7.2. Product Portfolio
13.3.7.3. Financial Information, (Subject to Data Availability)
13.3.7.4. Business Strategies / Recent Developments
13.3.8. Taliworks Corporation Berhad
13.3.8.1. Company Overview
13.3.8.2. Product Portfolio
13.3.8.3. Financial Information, (Subject to Data Availability)
13.3.8.4. Business Strategies / Recent Developments
13.3.9. Manila Water Company Ltd
13.3.9.1. Company Overview
13.3.9.2. Product Portfolio
13.3.9.3. Financial Information, (Subject to Data Availability)
13.3.9.4. Business Strategies / Recent Developments
13.3.10. Evoqua Water Technologies LLC
13.3.10.1. Company Overview
13.3.10.2. Product Portfolio
13.3.10.3. Financial Information, (Subject to Data Availability)
13.3.10.4. Business Strategies / Recent Developments
14. Go To Market Strategy
14.1. Identification of Potential Market Spaces
14.2. Understanding the Buying Process of Customers
14.3. Preferred Sales & Marketing Strategy
List of Tables
Table 1: Southeast Asia Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Table 2: Southeast Asia Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
Table 3: Singapore Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Table 4: Singapore Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
Table 5: Thailand Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Table 6: Thailand Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
Table 7: Malaysia Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Table 8: Malaysia Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
Table 9: Vietnam Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Table 10: Vietnam Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
Table 11: Philippines Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Table 12: Philippines Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
List of Figures
Figure 1: Southeast Asia Industrial Water and Wastewater Treatment Market, By Technology, Thousand Units, 2017-2031
Figure 2: Southeast Asia Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Figure 3: Southeast Asia Industrial Water and Wastewater Treatment Market Incremental Opportunity, By Technology, US$ Mn, 2017-2031
Figure 4: Southeast Asia Industrial Water and Wastewater Treatment Market, By End-user, Thousand Units, 2017-2031
Figure 5: Southeast Asia Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
Figure 6: Southeast Asia Industrial Water and Wastewater Treatment Market Incremental Opportunity, By End-user, US$ Mn, 2017-2031
Figure 7: Singapore Industrial Water and Wastewater Treatment Market, By Technology, Thousand Units, 2017-2031
Figure 8: Singapore Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Figure 9: Singapore Industrial Water and Wastewater Treatment Market Incremental Opportunity, By Technology, US$ Mn, 2017-2031
Figure 10: Singapore Industrial Water and Wastewater Treatment Market, By End-user, Thousand Units, 2017-2031
Figure 11: Singapore Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
Figure 12: Singapore Industrial Water and Wastewater Treatment Market Incremental Opportunity, By End-user, US$ Mn, 2017-2031
Figure 13: Thailand Industrial Water and Wastewater Treatment Market, By Technology, Thousand Units, 2017-2031
Figure 14: Thailand Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Figure 15: Thailand Industrial Water and Wastewater Treatment Market Incremental Opportunity, By Technology, US$ Mn, 2017-2031
Figure 16: Thailand Industrial Water and Wastewater Treatment Market, By End-user, Thousand Units, 2017-2031
Figure 17: Thailand Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
Figure 18: Thailand Industrial Water and Wastewater Treatment Market Incremental Opportunity, By End-user, US$ Mn, 2017-2031
Figure 19: Malaysia Industrial Water and Wastewater Treatment Market, By Technology, Thousand Units, 2017-2031
Figure 20: Malaysia Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Figure 21: Malaysia Industrial Water and Wastewater Treatment Market Incremental Opportunity, By Technology, US$ Mn, 2017-2031
Figure 22: Malaysia Industrial Water and Wastewater Treatment Market, By End-user, Thousand Units, 2017-2031
Figure 23: Malaysia Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
Figure 24: Malaysia Industrial Water and Wastewater Treatment Market Incremental Opportunity, By End-user, US$ Mn, 2017-2031
Figure 25: Vietnam Industrial Water and Wastewater Treatment Market, By Technology, Thousand Units, 2017-2031
Figure 26: Vietnam Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Figure 27: Vietnam Industrial Water and Wastewater Treatment Market Incremental Opportunity, By Technology, US$ Mn, 2017-2031
Figure 28: Vietnam Industrial Water and Wastewater Treatment Market, By End-user, Thousand Units, 2017-2031
Figure 29: Vietnam Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
Figure 30: Vietnam Industrial Water and Wastewater Treatment Market Incremental Opportunity, By End-user, US$ Mn, 2017-2031
Figure 31: Philippines Industrial Water and Wastewater Treatment Market, By Technology, Thousand Units, 2017-2031
Figure 32: Philippines Industrial Water and Wastewater Treatment Market, By Technology, US$ Mn, 2017-2031
Figure 33: Philippines Industrial Water and Wastewater Treatment Market Incremental Opportunity, By Technology, US$ Mn, 2017-2031
Figure 34: Philippines Industrial Water and Wastewater Treatment Market, By End-user, Thousand Units, 2017-2031
Figure 35: Philippines Industrial Water and Wastewater Treatment Market, By End-user, US$ Mn, 2017-2031
Figure 36: Philippines Industrial Water and Wastewater Treatment Market Incremental Opportunity, By End-user, US$ Mn, 2017-2031