Philippines Industrial Waste Water Treatment is Expected to Generate More Than $45 Mn in Revenue in 2026F by Rising Industrialization, Depletion of Resources and Government's Strong Initiatives: Ken Research
GURUGRAM, India, Dec. 19, 2022 /PRNewswire/ -- Majority of clients source their technology from overseas vendors but for expansion purpose local EPC Contactors are given a preference. Increasing Industrial Waste Water Generation in Philippines from 5.8 Mn in 2018 to 15.2 Mn in 2021 is contributing towards the high demand for Waste Water Treatment Plants in the country.
- Chemical & Pharmaceutical industry can grow up to 11% in next 5 years in Philippines and that will directly impact the waste water treated and generated by the industry. Also, with increasing regulations on hazardous waste water in Philippines, WWTP will be affected as well.
- Food and Beverage Industry would still be dominating in terms of Waste Water generation as maximum waste is generated by this industry.
- Power Plant would see a rise in revenue but in terms of overall share it would decrease as Philippines is now moving towards clean energy sources.
Current Marketing Positioning: Increasing Industrial Waste Water Generation in Philippines from ~5Mn in 2018 to ~15 Mn in 2021 is contributing towards the high demand for Waste Water Treatment Plants in the country, making the market highly fragmented with the presence of international players.
Depleting Resources and Quality: With the groundwater depleting and decreasing availability of potable water across the island nation, the World Bank report predicting a global shortfall of water and indicating a high degree of water shortage in Philippines by 2040 are compelling reasons for the growth needs of the wastewater treatment market.
Centralized Waste Water Treatment Plant: Philippines Industrial WWT market is expected to Generate more than $45Mn in Revenue, due to increase in Industrial Establishments in 2026F. In many economic zones managed by PEZA, there has been a development in centralized WWTP. This has encouraged companies to set up their manufacturing plants in the country with lesser cost in Waste water management and an increase in investment pre-treatment plant.
Analysts at Ken Research in their latest publication "Philippines Industrial Waste Water Treatment Market Outlook to 2026F – Driven by Rising Industrialization, Depletion of Resources and Government's Strong Initiatives in Waste Water Treatment' by Ken Research observed that Waste Water Treatment market is an emergent market in Philippines at a rebounding stage from the economic crisis after pandemic. The rising industrialization and pollution in the rivers, along with the growing awareness and Government initiatives, is expected to contribute to the market growth over the forecast period. The Philippines Waste Water Treatment Market is expected to grow at a CAGR of 7.2% over the forecasted period 2022F-2026F.
Key Segments Covered in the report:-
Philippines Industrial Waste Water Treatment Market
By Region
- Luzon
- Mindanao
- Visayas
By Industry
- Food and Beverage Industry
- Paper & Pulp Industry
- Chemical and Pharmaceutical Industry
- Semiconductor and Electronics Industry
- Others
By Order Intake
- EPC Contracts
- O&M Contracts
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Key Target Audience:-
- Waste Water Treatment Service Providers
- Water Treatment Equipment Distributors
- Water Treatment Equipment Manufacturers
- FMCG Companies
- Waste Water Treatment Companies
- Paper Manufactures
- Government Bodies & Regulating Authorities
Time Period Captured in the Report:-
- Historical Period: 2018-2021
- Forecast Period: 2022F-2026F
Companies Covered:-
- Eco-System Technologies, inc.
- Subic water and Sewerage Company
- VA Tech WA bag Philippines
- KSB PHILIPPINES, INC
- Manila Water Company, inc.
- Prime Metro BMD corporation
- JFE Engineering Corporation Philippine
- JFE Techno Manila, inc.
- Yokogawa Philippines inc.
- Anti-Pol Ecosystem
- Green Innovations Inc
- Pro water Technologies inc.
- ERA INTEGRATED CORPORATION
- ORCA Applied Engineering Solutions Corp.
- Pall Roces Corporation (PRC)
- Global Water Engineering Corp.
- Bongar Enviro Systems Technologies Corp
- BT ENVIRO projects, inc.
- Power4all
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Key Topics Covered in the Report:-
- Philippines Industrial Waste Water Treatment Market, 2018-2026F
- Philippines Economic Analysis
- Philippines Waste Utilization
- Business Cycle and Genesis of Philippines Industrial Waste Water Treatment Market
- Value Chain of Philippines Industrial Waste Water Treatment Market
- Stages of the Waste Process for Small Enterprise & Industry
- Ecosystem in Philippines Industrial Waste Water Treatment Market
- EPC Contractor Categories
- EPC Contract Payment System
- EPC Project Timeline
- Roadmap for Tender Application for EPC Company
- EPC Asset Light Operational Model
- Government & Private EPC Contacts
- Operation And Maintenance Contracts
- Market Size Analysis of Philippines Data Center Market, 2018-2021
- End User Analysis of Philippines Industrial Waste Water Treatment Market
- Growth Drivers
- SWOT Analysis of Philippines Industrial Waste Water Market
- Market Size on the basis of Order Intake 2022-26F
- Competition Framework of Philippines Waste Water Treatment Market
- Market Opportunities and Analyst Recommendation
- Industry Speaks
For more insights on the market intelligence, refer to the link below:-
Philippines Industrial Waste Water Treatment Market
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