Saudi Arabia Wastewater Treatment Services Market to be Dominated by the Municipal Segment in the forecast period with a high CAGR
Rising infrastructure projects & mining activities in
developing nations are driving the Saudi
Arabia Wastewater Treatment Services market.
According to TechSci Research report, “Saudi Arabia Wastewater Treatment Services Market - By Region,
Competition, Forecast & Opportunities, 2028F”, The Saudi Arabia Wastewater Treatment Services
market is predicted to expand steadily over the upcoming years due to a number
of factors, including the country's rapid urbanization and population growth,
stringent water treatment laws, rising demand for new water supplies,
increasing attention to public health and water quality, and an increase in the
prevalence of waterborne illnesses.
Since the discovery of oil nine decades
ago, Saudi Arabia has become the world's greatest producer of desalinated water
and has seen a remarkable expansion in its economy and population. In 1970,
there were 8 million residents in KSA; by 2020, that figure had climbed to 35
million; and by 2030, it was anticipated to reach 40.1 million. Desalination
facilities will continue to be built, to meet rising urban water needs as well
as shortages brought on by a decline in the use of ground and surface water. In
2026, it is anticipated that the supply of desalinated water that has already
been agreed upon would deliver 2.18 billion m3/year. On the demand side, KSA is
among the top five water users in the world, consuming 360 L/day on average,
which is much more than that of other wealthy nations (SWPC 2020). A countrywide
shortfall of 4.5 million m3/day is anticipated in 2026 while the total water
demand is predicted to rise to 14.5 million m3/day. Out of this national water
deficit, 4.1 million m3/day of it is anticipated to be filled by newly built or
planned seawater reverse osmosis (SWRO) systems, mostly because of their
financial benefits. For large-to-medium-sized plants, SWRO needs 3–8 kWh/m3 of
desalinated water, respectively. It can reach 15 kWh/m3 for small-scale plants.
Desalination facilities in Saudi Arabia utilize more than 15 billion kWh of
energy, assuming an average energy consumption of 6 kWh/m3. Currently, KSA
desalination facilities only release an average of 2.5 kg CO2/m3 of generated
desalinated water, or 5 million tonnes of CO2/year (generating roughly 2
billion m3 of water/year).
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on the "Saudi Arabia Wastewater Treatment Services Market.”
Based on application, the Saudi Arabia wastewater
treatment Services market is segmented into residential, municipal, and
industrial. In terms of market share for Saudi Arabia wastewater treatment
services, municipalities segment is expected to dominate. The large market
share of this industry is a result of the growing focus on public health and
better water quality, the expansion of water treatment projects, notably in
Asian countries, and the failing infrastructure in developed countries. Growing
environmental concerns as well as the abundance of stringent rules and
regulations controlling wastewater are further factors driving this market's
rise. Saudi Arabia also generated 2.7 billion m3/year of municipal wastewater,
of which 1.7 billion m3/year is treated municipal wastewater and 0.5 m3/year is
recycled wastewater.
In terms of geography analysis, the Saudi Arabia Wastewater
Treatment Services Market is segmented into four major regions namely, Southern
Region, Eastern Region, Western Region, and Central & Northern Region. The
Central & Northern region is anticipated to have the greatest share of the
wastewater treatment market in the upcoming year. The region's high market
growth is attributed to a number of factors, including rapid urbanization and
population growth, rising residential water treatment demand, advances in
membrane technology, environmental degradation, a lack of water resources, and
rising public sector investments in water infrastructure.
Key market players in the
Saudi Arabia Wastewater Treatment Services market include:
- Veolia
Arabia Co
- AES Arabia
Ltd
- Water and
Environment Technologies Company Ltd (WETICO)
- Metito Saudi
Limited
- Al-Kawther
Industries Ltd. (Alkawther Company)
- Water
Projects Saudi Arabia Ltd
- AquaTech
International LLC
- Ion Exchange
Arabia
- Pentair
Middle East FZE,
- RAHA
Water Treatment Corporation
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“According to statistics, Saudi Arabia is one of the world's major
markets for environmental technologies. A number of factors are expected to
contribute to the region's high market growth in the coming years, including
rapid urbanisation and population growth, rising residential water treatment
demand, advances in membrane technology, environmental deterioration, a lack of
water resources, and rising public sector investments in water infrastructure. In
addition, some companies have suffered as a result of supply chain interruptions
brought on by COVID-19 lockdown. However, it is projected that disinfection
techniques at wastewater treatment facilities will be effective, notably
against the coronavirus, which will enhance demand for wastewater treatment
technology.” Therefore, these factors are expected to drive the Saudi Arabia Wastewater Treatment Services
market in the upcoming years”, said Mr Karan Chechi, Research Director with
TechSci Research, a research-based global management consulting firm.
“Saudi Arabia Wastewater
Treatment Services Market, By Treatment Technologies (Water Softeners, Filtration
Systems, Disinfection Systems, Reverse Osmosis Systems, Distillation Systems, Others), By Applications
(Residential, Municipal, Industrial), By Process (Primary Treatment,
Secondary Treatment, and Tertiary Treatment), By
Region, Competition, Forecast & Opportunities, 2018-2028F”, has
evaluated the future growth potential of Saudi Arabia Wastewater Treatment Services
Market and provides statistics and information on market structure, size,
share, and future growth. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities present in the Saudi Arabia Wastewater
Treatment Services Market.
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