Wastewater Treatment Industry Procurement Intelligence, Best Practices, Engagement Model 2020 – 2027
- Meenal Deshpande
- Apr 12, 2022
- 3 min read
Procurement Outlook
Wastewater treatment is a process to remove organic matter and other contaminants from wastewater. These treatments aim to make the wastewater clean and safe enough to discharge back into the environment without harming nearby residents or the local ecosystem. Cities and municipalities use wastewater treatment plants to clean sewage and storm water. Whereas, an industrial production facility has an on-site wastewater treatment plant to decontaminate its chemical-filled process water. They can also collaborate with nearby facilities for wastewater treatment.
Following are the four major types of wastewater treatment:
Sewage Treatment Plants (STPs)
Effluent Treatment Plants (ETPs)
Activated Sludge Plants (ASPs)
Common and Combined Effluent Treatment Plants (CEPTs)
.
Demand Outlook
The global wastewater treatment market was valued at ~USD 260 billion in 2020 and it is expected to grow at a CAGR of 6.5% from 2020 to 2027. Rising demand for clean water due to rapid urbanization and industrialization, coupled with diminishing freshwater resources is expected to drive the global wastewater treatment market. North America generates the highest demand for wastewater treatment. It accounted for more the 35% of revenue share in the global wastewater treatment industry.
Whereas, APAC is expected to witness the highest growth rate during the forecast period owing to large scale investments in China and India on developing sludge process based effluent treatment to improve water quality and sanitation services. Cost Drivers
Fixed costs play a major role in determining the overall cost of wastewater treatment services. Land cost and installation cost are the two major fixed costs. Installation costs can be categorized based on the function of machinery and equipment. The reactor cost accounted for ~40% of the overall cost of installation followed by filter installation cost. Variable costs include labor and maintenance costs. It accounted for less than 20% of the overall cost of wastewater treatment services.
Read report summary https://www.grandviewresearch.com/pipeline/wastewater-treatment-industry-procurement-intelligence-report
Add-on Services
Should Cost Analysis
Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process
Rate Benchmarking
Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier
Salary Benchmarking
Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.
Supplier Newsletter
A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.
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