ENVIRONMENT & WASTEWATER MANAGEMENT INDUSTRY OVERVIEW
Statistics, news & updates: everything you need to know about the Wastewater management industry in India
Summary/Snapshot
Environment & Wastewater Management Industry
Further close to 62 MT waste is generated on an annual basis which will increase by two times by 2030. Furthermore, India has the potential to generate approximately 90 Million Tonnes/Year of waste by 2030-2032.
In fact NTPC to set up about 100 waste-to-energy pollution-free plants across the country. India has the potential to generate approximately 3 GW of electricity from waste by 2050.
The government allows 100% FDI under the automatic route for urban infrastructure areas including waste management subject to relevant rules and regulations.
Additionally, Central government has been implementing Swachh Bharat Abhiyan, emphasizing waste management at different stages of generation, collection and disposal. It will in addition to provide boost to the environmental industry.
Municipal solid waste management sector in India is projected to see capital and O&M requirement of close to USD 65 Billion by 2030.
- Growing urban sewage capacity likely to drive demand for innovative water treatment technologies.
Growth Drivers
- Diminishing freshwater resources and growing wastewater complexities are expected to drive the demand for water and wastewater treatment technologies in India in the medium term.
- Besides India growing on similar grounds, increase in purchasing power has led to more affordability and accessibility of the resources that increased the levels of municipal as well as industrial wastes across the Indian states.
- Besides high population growth, changing lifestyles is actually increasing the waste volumes in India
Sub industries
- Municipal
- Food and Beverage
- Pulp and Paper
- Oil and Gas
- Healthcare
- Poultry and Agriculture
- Chemical and Petrochemical
- Other End-user Industries
Opportunities
- Circular economy concept gaining prominence in India, presenting opportunities for the waste management industry.
- Huge potential in the industry, as only 30% of the 75% recyclable waste is being recycled currently.
- Startups in the environment industry developing innovative ideas to manage wastes and convert them into valuable resources.
Challenges
- High cost of water treatment plants may hinder the growth of the market studied.
Specialized knowledge and skills are required for primary, secondary, and tertiary treatment, which leads to increased costs.
The chemical composition and content of the effluent stream also impact the cost of wastewater treatment.
Supply chain disruptions due to the pandemic have affected the demand and supply of chemicals and equipment, posing a challenge to the water treatment market growth rate.
How we can help you:
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Key Investment Opportunities
- Circular economy concept gaining prominence in India, presenting opportunities for the waste management industry.
- Huge potential in the industry, as only 30% of the 75% recyclable waste is being recycled currently.
- Poor waste management in the country due to shortage of proper policies and lack of efficient infrastructure.
- Membrane module manufacturers should focus on developing solutions for water treatment, recycling, and reuse for both municipal and industrial end-user segments.
- Pump manufacturers have opportunities to grow by capitalizing on asset digitalization and developing solutions for the municipal segment.
- Water treatment OEMs should develop expertise across both municipal and industrial segments to meet the growing demand for desalination.
- Strong partnerships with Zero-liquid discharge (ZLD) technology providers can help water OEMs design and implement effective ZLD systems across all end-user segments.
Recent Development
- Indian government targeting to provide 100% of its population with safe drinking water within premises by 2024/2025, boosting municipal water treatment plants.
- IDE Technologies partnering with Andhra Pradesh government to set up desalination plants to overcome water scarcity in cities.
- CEEW and 2030 Water Resources Group planning to improve wastewater management in India and increase private investments in wastewater treatment plants.
Key Players in India
National
- Thermax India
- Aqua Innovative Solutions
- Voltas Limited
- UEM India Pvt Ltd
- SFC Environmental Technologies Private Limited
International
- VA Tech Wabag
- GE Water
- Siemens India- Water Technologies
- Hindustan Dorr-Oliver Limited
- Ion Exchange
- DuPont
- Suez
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