Product Code: ETC020627 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore is one of the most water-stressed countries in the world, and its water resources are under pressure due to rapid economic growth. As a result, wastewater treatment has become an important priority for the country. Singapore demand for effective wastewater treatment solutions has seen a steady increase over recent years driven by population growth and industrialization. The Singapore Water & Wastewater Treatment Market size was valued at USD 602 million in 2020 and is projected to reach USD 899 million by 2026 with a CAGR of 6.2% during 2021???2026 (forecast period).
The key drivers of this market include increasing urbanization leading to higher demand for treated sewage disposal; growing concerns about public health due to rising pollution levels; stringent regulations regarding water quality management; and investment from government as well as private sectors on providing better waste management services. In addition, increased awareness among consumers about environmental issues is also driving up demand for wastewater treatment solutions in Singapore. Furthermore, technological advancements such as membrane bioreactors used for treating municipal sewage are expected to further drive market growth over the forecast period.
High cost associated with setting up a wastewater plant along with continuous maintenance costs act as major challenges faced by players operating in this industry. Additionally, lack of skilled personnel required to operate these plants is another factor restraining market growth over the forecast period.
Some key players operating in Singapore Water & Wastewater Treatment Market include Siemens AG (Germany); Veolia Environment S A (France); Xylem Inc.; Hyflux Ltd.; PUB - The National Water Agency (Singapore); Envirosafe Solutions Industries LLC (US); Thermax Limited ; Ecolab Inc.
The COVID-19 pandemic had adverse effects on various industries including that of Water & Wastewater Treatment sector in Singapore which experienced disruption across various stages such as manufacturing activities were affected due production shutdowns imposed by governments throughout Asia Pacific region during initial phases of pandemic crisis followed by supply chain disruptions which hindered delivery cycle times significantly across entire value chain affecting new installations processes thus resulting overall decline revenue generation opportunities within respective markets globally during 2020-21 fiscal year however projected scenario suggests recovery trends post second half FY???21 owing positive global outlook towards gradual normalization business operations worldwide accompanied investments made towards improving operational efficiencies sustained long term basis.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Water & Wastewater Treatment Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Water & Wastewater Treatment Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Water & Wastewater Treatment Market - Industry Life Cycle |
3.4 Singapore Water & Wastewater Treatment Market - Porter's Five Forces |
3.5 Singapore Water & Wastewater Treatment Market Revenues & Volume Share, By Product Category , 2020 & 2030F |
3.6 Singapore Water & Wastewater Treatment Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Singapore Water & Wastewater Treatment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Water & Wastewater Treatment Market Trends |
6 Singapore Water & Wastewater Treatment Market, By Types |
6.1 Singapore Water & Wastewater Treatment Market, By Product Category |
6.1.1 Overview and Analysis |
6.1.2 Singapore Water & Wastewater Treatment Market Revenues & Volume, By Product Category , 2020-2030F |
6.1.3 Singapore Water & Wastewater Treatment Market Revenues & Volume, By Treatment Technologies, 2020-2030F |
6.1.4 Singapore Water & Wastewater Treatment Market Revenues & Volume, By Delivery Equipment, 2020-2030F |
6.1.5 Singapore Water & Wastewater Treatment Market Revenues & Volume, By Treatment Chemicals, 2020-2030F |
6.1.6 Singapore Water & Wastewater Treatment Market Revenues & Volume, By Instrumentation, 2020-2030F |
6.2 Singapore Water & Wastewater Treatment Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Singapore Water & Wastewater Treatment Market Revenues & Volume, By Municipal, 2020-2030F |
6.2.3 Singapore Water & Wastewater Treatment Market Revenues & Volume, By Industrial , 2020-2030F |
7 Singapore Water & Wastewater Treatment Market Import-Export Trade Statistics |
7.1 Singapore Water & Wastewater Treatment Market Export to Major Countries |
7.2 Singapore Water & Wastewater Treatment Market Imports from Major Countries |
8 Singapore Water & Wastewater Treatment Market Key Performance Indicators |
9 Singapore Water & Wastewater Treatment Market - Opportunity Assessment |
9.1 Singapore Water & Wastewater Treatment Market Opportunity Assessment, By Product Category , 2020 & 2030F |
9.2 Singapore Water & Wastewater Treatment Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Singapore Water & Wastewater Treatment Market - Competitive Landscape |
10.1 Singapore Water & Wastewater Treatment Market Revenue Share, By Companies, 2023 |
10.2 Singapore Water & Wastewater Treatment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |