Malaysia Industrial Wastewater Treatment Service Market size is anticipated to grow at a CAGR of 4.2% during 2024-2030F

On the basis of service type, installation segment attained the highest revenue share in the Malaysia Industrial Wastewater Treatment Service Market – 6Wresearch

In terms of service type, installation has emerged as the highest revenue shareholder in the market in 2023, owing to its capital-intensive nature of setting up wastewater treatment systems, which requires substantial investments in equipment and infrastructure.

According to 6Wresearch, Malaysia Industrial Wastewater Treatment Service Market size is anticipated to grow at a CAGR of 4.2% during 2024-2030F. The surge in approved investments in the Malaysia's manufacturing sector, escalating from $18.3 billion in 2022 to $21.7 billion in first 9 Month of 2023, is poised to enhance the production capacity of the sector. Consequently, this uptick is expected to a higher volume of wastewater discharge from the country's manufacturing sector in the upcoming years leading to increased demand for effective management of these wastewater discharges to mitigate water pollution in the nation. Rising environmental regulations in Malaysia, particularly concerning wastewater, are a response to the escalating issue of river pollution. The Department of Environment reported that 29 rivers, constituting 4% of the total 672, were identified as polluted in 2022. In adherence to these regulations, every industry is compelled to utilize wastewater management services, consequently driving an increase in demand for such services.

Implementation of advanced and effective wastewater treatment technologies often involves substantial capital investments. This financial burden could be particularly challenging for small and medium-sized enterprises (SMEs) as Malaysia has 1.15 million SMEs and industries that are operating in tight budgets.

According to Sachin, Senior Research Analyst, 6Wresearch, the filtration segment would dominate the market, due to the effectiveness and widespread adoption of filtration techniques in addressing diverse industrial wastewater needs., however desalination would have the highest growth rate due to the increasing importance of desalination technologies in addressing water scarcity concerns, especially in industries where freshwater resources are limited.

 

The Malaysia Industrial Wastewater Treatment Service Market (2024-2030) report provides an in-depth analysis with 12 figures and 6 tables, covering 65 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.

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