Based on service type, installation segment claimed the highest revenue share in Indonesia Industrial Wastewater Treatment Service – 6Wresearch
Installation accounted for the highest revenue share in 2023 and is anticipated to maintain its dominance in the coming years owing to the costlier technologies and cost intensive equipment procurement which is crucial for the setup of wastewater treatment plants. This initial expenditure significantly contributes to the overall revenue generated within the service market.
According to 6Wresearch, the Indonesia Industrial Wastewater Treatment Service Market is projected to grow at a CAGR of 6.6% from 2024 to 2030F. The rising industrialization in the country is backed by the projects such as PT Transpacific Petrochemical Indotama Tuban Polypropylene Plant in 2024, Lotte Chemical Corporation Cilegon Polypropylene Plant in 2025, KT&G in 2026, Onduline plant from 2024, $15 billion investment in petrochemical project and carbon capture and storage (CCS) by Exxon Mobil and others. This comprehensive investment in industrialization would lead to the constant discharge of industrial effluents such as suspended solids, biochemicals, chemicals, oil and grease, and other types of waste in the water bodies making them polluted.
Moreover, 22 petrochemical projects, driven by demands in plastics and fertilizer production, are anticipated to commence by 2025. Upon completion and production, these projects are expected to result in the discharge of waste into water bodies, necessitating wastewater treatment leading to an increase in the demand for wastewater treatment services in the coming years.
According to Shubham Deep, Senior Research Analyst, 6Wresearch, filtration would account for the highest revenues in the coming years due to its intrinsic advantages in enhancing water quality while maintaining its safety. Also, filtration methods effectively remove a broad spectrum of impurities, including suspended solids and contaminants. Moreover, Desalination could be seen to account for the highest growth rate in future.
The Indonesia Industrial Wastewater Treatment Service Market (2024-2030) report provides an in-depth analysis with 12 figures and 7 tables, covering 68 pages. The report comprehensively covers the market by service type, treatment method, and end user. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.