Canada Water and Wastewater Treatment Market Insights Forecasts to 2033

• The Market is growing at a CAGR of 6.5% from 2023 to 2033
• The Canada Water and Wastewater Treatment Market Size is expected to hold a significant share by 2033

The Canada Water and Wastewater Treatment Market is anticipated to hold a significant share by 2033, growing at a CAGR of 6.5% from 2023 to 2033. The increasing urbanization and stringent water treatment regulations are driving the growth of the water and wastewater treatment market in the Canada.      

Market Overview

Water and wastewater treatment is the process that aims to eliminate and/or reduce contamination or non-desirable characteristics of water. It improves the quality of water with the purpose of serving an end-use including drinking water, industrial water supply, water recreation, and for replenishing environmental sources, such as rivers and lakes. A wide range of technologies, including membrane filtration, disinfection, and desalination methods, as well as physical, chemical, and biological treatment procedures, define the water and wastewater treatment market. Furthermore, the sector has undergone a revolution because of the introduction of cutting-edge technologies like digitization, remote monitoring, and smart water management systems, which provide improved efficiency, cost-effectiveness, and real-time data analysis. Further, the use of technology for optimizing sanitary network performance and wastewater operations is bolstering market growth opportunities.

Report Coverage

This research report categorizes the market for the Canada water and wastewater treatment market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada water and wastewater treatment market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canada water and wastewater treatment market.

Driving Factors

The need to upgrade water treatment infrastructure is increased by the imposition of strict water quality and discharge requirements which leads to drive the market growth. In 2021, Canada's urbanization rate was 0.11%. In 2021, the rate of urbanization in Canada rose by 10% annually. With the increasing urbanization, challenges including lack of access to basic services or high prices and lack of quality control of water arise. These factors are responsible for driving the Canada water and wastewater treatment market.

Restraining Factors

The health and environmental risks associated with the disposal and handling of the chemicals used in water treatment are challenging the water and wastewater treatment market. Further, the challenges associated with the operation of industrial wastewater treatment systems may hinder the market.

Market Segmentation

The Canada Water and Wastewater Treatment Market share is classified into segment and application.

• The equipments segment dominates the Canada water and wastewater treatment market during the forecast period.

The Canada water and wastewater treatment market is segmented by segment into chemicals, equipments, and services. Among these, the equipments segment dominates the Canada water and wastewater treatment market during the forecast period. The shift towards sustainable water management practices surges the need for advanced water and wastewater treatment equipment. The increasing infrastructure development and the need for upgraded and efficient treatment systems in industries & municipalities are driving the market.

• The municipal segment dominated the market with the largest market share during the forecast period.       

Based on the application, the Canada water and wastewater treatment market is divided into municipal, industrial, and others. Among these, the municipal segment dominated the market with the largest market share during the forecast period. Municipal wastewater is one of the main causes of surface water pollution in Canada. The surging government initiatives for enhancing municipal water infrastructure are driving the market growth in the municipal segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Canada water and wastewater treatment market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Trojen Technologies
• Veolia Water Technologies
• EPCOR Utilities
• Ontario Clean Water Agency
• DuPont
• 3M
• Xylem Water Solutions
• Evoqua Water Technologies LLC
• Ecolab
• SUEZ Worldwide
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Canada, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Canada Water and Wastewater Treatment Market based on the below-mentioned segments:

Canada Water and Wastewater Treatment Market, By Segment

• Chemicals
• Equipments
• Services

Canada Water and Wastewater Treatment Market, By Application

• Municipal
• Industrial
• Others