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Water and Wastewater Treatment Market to Be Worth $1,024.8 Billion by 2033 – Exclusive Report by Meticulous Research®

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REDDING, Calif., June 10, 2024 /PRNewswire/ — According to a new market research report titled, ‘Water and Wastewater Treatment Market by Type (Wastewater Treatment, Water Treatment), Offering (Treatment Technology, Treatment Chemicals), Application (Municipal, Industrial), and Geography—Global Forecast to 2033,’ the water and wastewater treatment market is projected to reach $1,024.8 billion by 2033, at a CAGR of 5.9% from 2024 to 2033.

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Water treatment refers to the process of improving the quality of water with the purpose of serving an end-use such as drinking water, industrial water supply, and water recreation. Additionally, wastewater treatment is a process that removes and eliminates contaminants from wastewater. It thus converts it into an effluent that can be returned to the water cycle. Water and wastewater treatment facilities speed up the natural process of purifying water; these facilities use various processes (e.g., physical, chemical, and biological) to treat industrial wastewater and municipal wastewater to remove pollutants and send the purified water back into the environment. There are various treatment technologies used for water and wastewater, such as membrane separation and filtration, sludge management technology, UV and ozone, activated sludge, activated carbon, and several others.

The growth of the water and wastewater treatment market is driven by rapid population growth, urbanization, stringent water treatment regulations, the lack of freshwater resources, and the increasing prevalence of waterborne diseases. However, the high costs of installing, maintaining, and operating water and wastewater treatment infrastructure restrain the growth of this market. Furthermore, the rising demand for energy-efficient and advanced water treatment technologies is expected to generate growth opportunities for market players. However, upgrading and repairing aging water infrastructure is a major challenge in the water and wastewater treatment market.

The water and wastewater treatment market is segmented by type (wastewater treatment and water treatment), offering (treatment technologies; treatment chemicals; process control and automation; design, engineering, and construction services; and operation and maintenance services), application (municipal applications and industrial applications), and geography. The study also evaluates industry competitors and analyses the market at the country and regional levels.

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Based on type, in 2024, the wastewater treatment segment is expected to account for a larger share of the water and wastewater treatment market. This segment’s large market share is attributed to the rising focus on water quality and public health, the growing prevalence of water-borne diseases and stringent governmental regulations, and the rising expansion of industrialization and urbanization. Also, this segment is expected to register the highest CAGR during the forecast period.

Based on offering, in 2024, the operation & maintenance services segment is expected to account for the largest share of 39.5% of the water and wastewater treatment market. The segment’s large market share is attributed to the growing need to ensure the production of the desired quality and quantity of treated water, the increasing complexities of water and wastewater treatment facilities, and the adoption of innovative solutions and stringent regulatory standards.

However, the process control & automation segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the rising concerns regarding water scarcity, declining water quality, rising expenses associated with water supply, and the growing digitalization facilitated by advanced data analysis programs.

Based on application, in 2024, the municipal applications segment is expected to account for the larger share of 69.0% of the water and wastewater treatment market. The segment’s large market share is attributed to the increasing challenge faced by municipalities in providing safe drinking water to their communities, the rising global population, advancements in treatment processes enabling wastewater recycling for reuse, and the growing adoption of advanced technologies for wastewater treatment, drinking-water production, and trace contaminant removal.

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However, the industrial applications segment is expected to register a higher CAGR during the forecast period. The growth of this segment is attributed to increasing industrialization and urbanization, declining freshwater resources, increasing energy demand across the globe, stringent governmental regulations on treating industrial wastewater, and a rising focus on water quality and public health.

Based on geography, in 2024, Asia-Pacific is expected to account for the largest share of 42.6% of the water and wastewater treatment market, followed by North America, Europe, Latin America, and the Middle East & Africa. The market growth in Asia-Pacific is driven by the growing need for the advanced treatment of residential water, advances in membrane technology, increased environmental deterioration, declining availability of clean water, increasing public-sector investment in water infrastructure, and growing research & development expenditures. However, the Asia-Pacific region is projected to record the highest CAGR during the forecast period.

Major companies are making substantial investments in developing countries across Asia-Pacific to establish a robust presence and capture larger market shares. Asia-Pacific is at the center of the strategic growth plans of several leading players operating in the water and wastewater treatment market. For instance, in April 2022, Veolia Water Technologies (France) launched the Barrel, an integrated plug-and-play reverse osmosis (RO) technology for desalination and water reuse in Asia-Pacific. Such developments are supporting the growth of the water and wastewater treatment market in the region.

The key players operating in the water and wastewater treatment market SUEZ S.A. (France), Veolia Environnement (France), Xylem Inc. (U.S.), DuPont de Nemours, Inc. (U.S.), 3M Company (U.S.), Pentair plc (U.K.), Kingspan Group plc (U.K.), Dow Inc. (U.S.), BASF SE (Germany), Kurita Water Industries, Ltd. (Japan), BioMicrobics, Inc (U.S.), Calgon Carbon Corporation (U.S.), Trojan Technologies (Canada), Kemira Oyj (Finland), Thermax Limited (India), Wog Technologies (Singapore), WSP Global Inc. (Canada), SWA Water Australia (Australia), Burns & McDonnell (U.S.), Adroit Associates Private Limited (India), Sauber Environmental Solutions Pvt. Ltd. (India), SPEC INDIA (India), Ecolab, Inc. (U.S.), GFL Environmental Inc. (Canada), and Clean TeQ Water Limited (Australia).

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Scope of the Report:

Water And Wastewater Treatment Market Assessment —by Type

Wastewater TreatmentWater Treatment

Water And Wastewater Treatment Market Assessment—by Offering

Operation & Maintenance ServicesProcess Control & AutomationTreatment TechnologiesMembrane Separation & FiltrationReverse Osmosis (RO) MembranesUltrafiltration (UF) MembranesMicrofiltration (MF) MembranesNanofiltration (NF) MembranesOther Membrane Separation & Filtration TechnologiesSludge ManagementActivated SludgeClarificationActivated CarbonGranular Activated CarbonPowdered Activated CarbonOther FormsChlorinationIndustrial DemineralizationMembrane Bioreactor (MBR)Uv & OzoneDissolved Air FlotationOther Treatment TechnologiesDesign, Engineering, and Construction ServicesTreatment Chemicals

Water And Wastewater Treatment Market Assessment —by Application

Municipal ApplicationsIndustrial ApplicationsFood & BeveragePharmaceuticals & ChemicalsPower GenerationPulp & PaperOil & GasMiningPetrochemicalsSemiconductorsOther Industrial Applications

Water And Wastewater Treatment Market Assessment —by Geography

Asia-PacificChinaJapanIndiaSouth KoreaIndonesiaMalaysiaAustraliaThailandVietnamSingaporeNew ZealandPhilippinesTaiwanRest of Asia-PacificNorth AmericaU.S.CanadaEuropeGermanySpainFranceU.K.ItalyPolandSwitzerlandSwedenBelgiumDenmarkRest of EuropeLatin AmericaMexicoBrazilChileArgentinaRest of Latin AmericaMiddle East & AfricaSouth AfricaSaudi ArabiaUAEIranKuwaitRest of Middle East & Africa

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Related Reports:

Industrial Wastewater Treatment Market by Offering (Treatment Technologies, Treatment Chemicals, Process Control & Automation, Design, Engineering, and Construction Services, Operation & Maintenance services), End User, and Geography – Global Forecast to 2031

Tertiary Water and Wastewater Treatment Technologies Market by Type (Membrane Filtration, UV Radiation, Chlorination, Ozonization, Activated Carbon, and Ion Exchange), Application (Municipal and Industrial), and Geography – Global Forecast to 2031

Water and Wastewater Treatment Technologies Market, by Type (Membrane Separation & Filtration, Sludge Management Technology, Activated Sludge), Application (Municipal, Residential, Industrial), and Geography – Global Forecasts to 2029

Water and Wastewater Treatment Chemicals Market by Type (Corrosion Inhibitors, Coagulants, and Flocculants), Source (Bio-based, Synthetic), End User (Residential, Municipal, and Industrial), and Geography – Global Forecast to 2029

Water and Wastewater Treatment Market for Food Industry by Type (Water Treatment, Wastewater Treatment), Offering, Cluster (Dairy, Cheese, Ice-cream, Non-alcoholic Beverages, Prepared Foods, Powdered Foods, Alcoholic Beverages), and Geography – Global Forecast to 2032

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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Meticulous Market Research Inc.
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Asia Poised to Play Bigger Role in Physical AI as Investors Eye Manufacturing, Data

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SAN FRANCISCO, Oct. 27, 2026 /PRNewswire/ — Asia’s semiconductor expertise, manufacturing infrastructure and industrial supply chains could give the region a significant role in the development of Physical artificial intelligence (Physical AI), as investors look beyond software to the challenges of deploying intelligent machines in real-world environments.

Speaking at the recently concluded Silicon to Scale: A Physical AI Summit during SF Tech Week, venture capital investors highlighted opportunities for Taiwan, Japan and Southeast Asia as robotics companies move from prototypes toward commercial deployment.

Co-hosted by Startup Island TAIWAN Silicon Valley Hub and SparkLabs Taiwan, also part of SparkLabs Taiwan’s US Landing Program, the summit drew more than 170 investors, industry leaders and founders, and featured five Taiwanese Physical AI startups: Morale AI, MetAI, Jmem Tek, Neuroshine and APMIC.

The Venture Dialogue, ‘What Makes Physical AI Investable?’, was moderated by Bernard Moon, Co-Founder and Managing Partner of SparkLabs Group, with Jeff Tao, Director of AI Infrastructure at Citi; Dr. Vandon Duong, Principal at DCVC; and Kosuke Yusa, GP and Head of Investment at Open Network Lab Fund, DG Incubation, Inc.

Before the venture dialogue, the summit opened with a Corporate Dialogue, ‘From Concept to Production: Physical AI at Scale,’ moderated by James Lim of NVIDIA’s Venture Capital Strategy & Partnerships team. Panelists Austin Tseng, President of Delta Electronics (Americas); Vince Fong, Co-Founder and CEO of Highrise AI; and Daniel Yu, Co-Founder and CEO of MetAI, discussed what it takes to move Physical AI from simulation to real-world deployment, from closing the sim-to-real gap to the compute, edge and energy infrastructure needed to scale.

“Taiwan’s semiconductor and manufacturing strengths are well known in Silicon Valley, and investors here are increasingly keen to partner with Asian strategic investors as Physical AI moves from prototype to production,” said Edgar Chiu, Founding Managing Partner of SparkLabs Taiwan. “Our mission is to be that bridge, bringing Taiwanese founders to US customers and capital, and connecting US companies with Taiwan’s supply chain and strategic investors.”

For Taiwan, the shift could create opportunities to leverage its strengths in semiconductors, electronics and advanced manufacturing, according to Uly Su, director and head of Startup Island TAIWAN Silicon Valley Hub.

Su said the hub is organizing a series of industry dialogues and investor gatherings to connect Taiwanese startups with Silicon Valley’s technology and investment communities. The initiatives aim to help founders identify commercial opportunities, build international partnerships and strengthen Taiwan’s position in the emerging Physical AI industry.

Asia’s manufacturing advantage

Jeff Tao, Director, AI Infrastructure at Citi said Asia’s established semiconductor and electronics supply chains could provide a foundation for the growth of Physical AI, particularly as companies seek to diversify production amid geopolitical uncertainty.

He pointed to semiconductor assembly and testing operations in Southeast Asia, including Malaysia, as examples of existing manufacturing capabilities that could support emerging technologies.

Taiwan, meanwhile, occupies an important position in the global semiconductor industry, providing expertise and manufacturing infrastructure relevant to the development of AI-powered robotics.

Tao said Physical AI companies could benefit from combining Asia’s manufacturing strengths with access to the United States, where high labor costs are creating opportunities for industrial automation.

Kosuke Yusa, GP & Head of Investment, Open Network Lab Fund, DG Incubation, Inc.said Japan offers a different advantage: industrial environments that demand flexibility and continuous improvement.

Japanese production lines frequently change, requiring robotics systems that can adapt to different tasks and operating conditions, he said.

The missing piece: Real-world data

Despite Asia’s manufacturing capabilities, investors identified access to training data as a major obstacle to the commercialization of Physical AI.

Unlike large language models, which can draw on extensive digital information, robotics systems require specialized datasets collected from factories, production lines and other physical environments.

Tao said collecting such information is particularly difficult because manufacturers are reluctant to share proprietary operational data.

Dr. Vandon Duong Principal at DCVC (Data Collective Venture Capital) said AI developers are willing to pay substantial amounts for diverse, well-annotated datasets, creating opportunities for startups specializing in data collection.

However, he questioned how companies could build lasting competitive advantages as more businesses enter the market.

Computing costs and investment opportunities

The panel also discussed rising AI infrastructure spending and the constraints it creates for emerging companies.

Tao said electricity availability has become an increasingly important bottleneck for AI infrastructure development in the United States, following earlier constraints involving GPUs and data centers.

He identified opportunities for startups developing more efficient power systems, cooling technologies and semiconductor manufacturing processes.

Duong said investors are also examining technologies that reduce inference costs and improve computing efficiency.

From Taiwan to Silicon Valley

The discussion underscored the potential for Asian Physical AI startups to combine regional manufacturing capabilities with American capital, customers and technology markets.

Investors said founders must understand the requirements of industrial customers, particularly when developing systems for manufacturing environments where reliability and adaptability are critical.

While panelists acknowledged concerns about AI valuations and infrastructure costs, they remained optimistic about long-term adoption.

Tao also cautioned that productivity gains from AI could create short-term labor displacement, raising broader questions about how the economic benefits of automation will be distributed.

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SOURCE Startup Island TAIWAN Silicon Valley Hub

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S&P Global Reports Third Quarter Results; Announces Strategic Review for Capital IQ and Associated Data Businesses

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NEW YORK, Oct. 27, 2026 /PRNewswire/ — S&P Global (NYSE: SPGI) today reported third quarter results. The Company’s earnings release and supplemental materials are available at http://investor.spglobal.com/Quarterly-Earnings. 

Supplemental Information/Conference Call/Webcast Details: The Company’s senior management will review the third quarter 2026 earnings results on a conference call scheduled for today, October 27, at 8:30 a.m. EDT. Additional information presented on the conference call, and the Company’s supplemental slide content may be found on the Company’s Investor Relations Website at http://investor.spglobal.com/Quarterly-Earnings. 

The Webcast will be available live and in replay at http://investor.spglobal.com/Quarterly-Earnings. 

About S&P Global
S&P Global (NYSE: SPGI) enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively, and thrive in a rapidly changing global landscape.

From helping our customers assess new investments across the capital and commodities markets to navigating the energy expansion, acceleration of artificial intelligence, and evolution of public and private markets, we enable the world’s leading organizations to unlock opportunities, solve challenges, and plan for tomorrow – today. Learn more at www.spglobal.com.

Investor Relations: http://investor.spglobal.com 

Contact:

Investor Relations:
Mark Grant
Senior Vice President, Investor Relations and Treasurer
Tel: +1 (347) 640-1521
mark.grant@spglobal.com 

Media:
Christina Twomey
Chief Communications Officer
Tel: +1 (646) 407-3001
christina.twomey@spglobal.com 

 

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SOURCE S&P Global

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Common Thread Advisors launches to help organizations untangle complex change

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Co-founded by five industry leaders with a legacy of delivering growth and transformation

NEW YORK, Oct. 27, 2026 /PRNewswire/ — Common Thread Advisors (Common Thread), a new independent consultancy, launched today to move organizations from strategic intent to commercial impact. Common Thread guides organizations through transformation and change by closing the gap between leadership strategy and human behavior—so change stops being something teams recover from and starts being something they build on.

Common Thread was co-founded and is being led by five industry leaders with decades of senior in-house and consultancy-side experience across business strategy, change management, digital and AI-enabled transformation, strategic communications and social investment. The team brings deep lived experience, having led its former consultancy firm KYNE through a multi-year, global integration and private equity-driven transformation. All five co-founders are Partners, with Wendy Woods-Williams serving as Managing Partner and David Kyne as Executive Chair.

Wendy Woods-Williams — Managing PartnerMaureen Byrne — Partner, Client Experience & GrowthMichael Grela — Partner, Operations & ImpactDavid Kyne — Partner, Executive ChairJulie O’Donnell — Partner, Strategy & Innovation

Organizations and their leaders are facing increasingly complex internal and external pressures and a rapidly evolving environment, requiring near-constant transformation to support innovation and growth. At the same time, technology and change often move faster than teams can absorb and cultures can evolve, causing the majority of transformations to ultimately fail in practice.

“One of the most important performance drivers in transformation strategy is whether the people who must deliver the change are not just briefed or trained, but truly with you. When organizations don’t fully invest in the human side of change, the result is often stalled adoption, lost productivity and strategies that never fully land, impacting the bottom line,” said Wendy Woods-Williams, Co-Founder and Managing Partner, Common Thread. “We built Common Thread to do things differently. Our team is senior from day one and 100% focused on change by design, allowing us to stay close to the work while being credible in the boardroom. We partner with clients to identify critical business drivers and develop approaches around them, helping organizations move through and benefit from change, faster.”

“After years moving in different directions, what felt like gravity pulled this team back together with a collective desire to create a new kind of firm—one that draws on our common experience navigating change and meets a growing need across industries and geographies,” said David Kyne, Co-Founder and Executive Chair, Common Thread. “We work with clients to identify and act on the common threads that connect teams and cultures, impacting their ability to achieve their goals and reach their commercial potential. We connect intent with execution and proof.”

Common Thread’s offering is built on decades of established change management, human behavior and communications research and models, and includes several interconnected service areas:

Transformation and Change: Change is only successful when people truly understand it, trust it, and know what to do differently. Common Thread makes sure strategies land by building belief in the approach, the plan, and the people leading it.Leadership and Culture: Engaged and productive teams require trust in leadership and a set of values and a culture that live beyond the handbook. Common Thread helps protect and build leadership trust and shape the culture teams and strategies need to deliver.Social Performance and Impact: Societal value and impact are important business indicators but can be difficult to track. Common Thread helps prioritize and connect commitments to measures that impact reputation and the bottom line.

Common Thread’s unique approach is centered around four key conditions shaping change—clarity, agency, capacity and trust—helping quickly identify what matters most and prioritize efforts with the greatest impact. From friction and trust mapping to strategic leadership engagement, listening tours and manager sprints, Common Thread provides a comprehensive suite of transformation and change-related offerings, built to address each client’s specific needs. Clients often engage Common Thread during leadership transitions, business transformations, growth periods, mergers, acquisitions, restructurings, AI integrations and the rollout of new operating models and policies.

Common Thread works as an extension of client teams, operating inside live programs, close to the real decisions and trade-offs that determine whether change happens. Measurement is built into every engagement, connecting human factors to business outcomes and creating a consistent evidence base for ongoing improvement.

About Common Thread Advisors
Common Thread Advisors (Common Thread) is an independent consultancy that helps turn strategic intent into commercial impact. Too often, strategy sits apart from the people responsible for bringing it to life. Common Thread ensures transformation lands by bridging the gap between strategy and human behavior. We get people engaged, leaders empowered and strategies delivered in practice—so organizations can move through and benefit from change, faster. Across transformation and change, leadership and culture, and social performance and impact, we connect intent with execution and proof. That’s complex change, untangled.

Common Thread is values- and purpose-driven. We’re committed to being a good corporate citizen and a best place to work by operating at the highest ethical standards, working with clients who share our philosophy and values and donating a percentage of future annual profits to causes impacting our communities.

To learn more, visit LinkedIn, Instagram and www.CommonThreadAdvisors.com. 

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