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Market value of Wastewater Management market in China (2017 - 2025, USD Millions)

Industry: Environment & Waste Management
Current: Market Sizing & Shares

The Market value of Wastewater Management market in China reached USD 34,855.57 Millions in 2020
The indicator recorded a historical decline (CAGR) of ...
GlobalData projects the indicator to grow ...

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Market value of Wastewater Management market in China (2017 - 2025, USD Millions)

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Water is one of the most important environmental, social, and governance (ESG) issues for institutional investors throughout the world. Most countries are exerting tremendous strain on existing water resources. The world's population is rapidly increasing, and projections predict that the world will face a huge gap between expected demand and water supply by 2030. Climate change will compound the problem by disrupting hydrological cycles, making water more erratic, and increasing the severity of floods and droughts. Water Insecurity is a major factor in global conflicts, and water contamination and scarcity represent long-term economic concerns for both developing and developed countries.

Wastewater is simply used water that has been contaminated by home, industrial, and commercial activities. The process of treating wastewater to remove contaminants so that it can be returned into the ecosystem is known as Wastewater Treatment. This treated water, also called effluent, after entering the ecosystem minimizes the impact on the environment. The wastewater after treatment has various usages – the source of energy, source of agriculture water, source of nutrients for agriculture, and soil conditioner. A sustainable way to manage wastewater starting from the source to re-entry to the ecosystem is called Wastewater Management.

The Wastewater Management market was led by these top five countries – the United States of America, Japan, China, Germany, and Canada.

Chinese Wastewater Management market was valued at $35.9 billion in 2021, a year-on-year growth of 3.0%. Historically, the market recorded a compounded annual growth rate (CAGR) of 0.3% between 2017 and 2021. Beijing Enterprises Water Group Limited (BEWG) is a Hong Kong-based investment holding company principally engaged in the water management industry. The firm is the leading player in the Chinese industry in terms of total assets, total revenue, and water/ wastewater treatment capacity. The company operates 1,252 water plants, including 1,058 sewage treatment plants, and 162 water supply plants.