Liquid Waste Management Market Size, Growth, Global Business Trends, Share, Future Demand, Prominent Players and Forecast to 2030
Market Synopsis
According to MRFR the analysis, the Global Liquid Waste Management Market was
valued at more than USD 90.12 billion in 2018 and is expected to
reach over USD 117.79 Billion by the end of
2025 at a CAGR of 3.8%.
The process of proper handling, disposing and
treating of liquid waste is termed as liquid waste management. The demand for
liquid waste management services is growing and is contributed by environmental
regulations, waste-to-energy initiatives, and landfill diversion. Moreover,
scarcity and demand for clean water is another factor driving the growth of the
global market. Furthermore, the increasing concern over wastewater discharge
from the industrial sector is also expected to position the growth of the
industry.
Regulatory Analysis
The regulation set by different regulatory bodies
for liquid waste management are as follows: The American Society for Testing
and Materials – ASTM-D5495, for ‘sampling with a composite liquid
waste sampler’; the European Union Standards, the Sewage Sludge Directive
– Directive
86/278/EEC for, ‘use of sewage sludge in agriculture’; the
Directive on the incineration of waste – Directive 2000/76/EC,
for ‘setting emission limit for waste incineration plants within the EU’;
Environmental Protection Agency EPA-K002/4/5 for ‘wastewater treatment sludge
from the production of chrome and zinc pigments’.
SEGMENTATION
By Application
- Sewage: The segment held the
largest market share in 2018, the key factor driving the growth of the
segment is the rapidly growing population, generating a significant amount
of waste on regular basis. According to the Central Public Health
Environmental & Engineering Organization (CPHEEO), an individualconsumes 135 liters
of water every day.
- Sullage:
Also known as greywater, and is referred to wastewater generated from
kitchen, house washing, laundry, and bathroom falls under this category
and contains pathogens.
- Black
Water: Wastewater drained out from the toilet is known as black water, it
contains harmful pathogens owing to which it needs to be treated before
disposal.
- Storm
Water: Stagnated and runoff water accumulated after heavy rainfall falls
under this category, this can lead to water-borne diseases.
- Trade Waste: The waste generated
from non-residential areas is referred to as trade waste, this includes
both industrial as well as waste produced from commercial buildings.
- Hazardous Liquid Waste: The waste
that consists of toxic substance and is hazardous to public health and
environment is referred as hazardous liquid waste.
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By Disposal Methods
- Sedimentation & Dewatering
held the largest share of the liquid waste management market as the
process is cost-effective and easy to perform. It is used to remove solid
waste from non-hazardous liquid waste, either by filtering water from a
huge bag or sediment basins, usually the solid waste left is dumped in
landfills.
- Incineration: Burning of
hazardous wastes such as acids, slag, oil, scrap materials, rock tailings,
and other chemicals, although being the best way for liquid waste
disposal, the use of method is limited owing to the high cost of
incinerators.
- Composting: Removal of organic
waste such as vegetable and fruit debris, bones and paper from liquid
waste and turning them into organic fertilizers for agriculture purposes.
- Solidification: The treatment of
water waste with fly ash, lime dust and sawdust to solidify them, for easy
burying of solid waste.
- Root Zone: Mainly used for the
treatment of water waste release from household, with the help of
sedimentation tank, which filter through different processes. The filtered
water can be released back to the natural sources or can be recycled in
the water treatment plants.
By Region
- North America: Market growth is
driven by growth of the industrial sector and increasing demand for clean
water.
- Europe: Stern government
regulations for effluent water quality.
- Asia-Pacific: The fastest-growing
regional market.
- Latin America: Increasing
Investment in sewage Infrastructure and water treatment plants.
- Middle East & Africa:
Increasing demand for water treatment systems over the deficiency of clean
water.
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