The global market for water and wastewater management for the mining sector is anticipated to exhibit a steady CAGR of 4.83% from 2017 to 2021, according to a report recently added to the vast database of MarketResearchReports.biz. The 63-page publication is titled “Global Water And Wastewater Management Market For The Mining Sector 2017-2021” and is single-handedly driven by the rising shortage of clean and natural water sources. The report gives a detailed assessment of the current and projected scenario of the worldwide market for water and wastewater management in the mining sector and presents a 360-degree outlook of the structure, scope, and performance of the market.
The report highlights the key trends in the global market and identifies the factors driving and hampering its growth. According to the findings of the report, the water and wastewater management in the mining sector has received a significant boost thanks to the introduction of several stringent environmental laws across major regions. The rising demand for mineral-based products of water and wastewater treatment is a trend that is likely to present several opportunities for companies to capitalize on. On the down side, however, the market is anticipated to be hindered by many complexities presented by the management of wastewater resources.
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From a geographical perspective, the global market for water and wastewater management for the mining sector is segregated into Asia Pacific, the Americas, and Europe, the Middle East, and Africa. Research analysts pegged the Americas as the leading regional segment and this segment is slated to continue its hold on the global market throughout the forecast period. The main factor driving this market is the presence of favorable regulatory norms in place for mining activities in the region. The implementation of stringent environmental regulations ensures the safe and appropriate disposal of wastewater in various countries in North America and South America, thereby driving the market here.
By way of product, the market is bifurcated into water treatment and wastewater treatment. The water treatment segment accounts for the dominant share in the overall market for the mining sector and this can be attributed to the usage of this water for the purpose of extracting minerals from the ore.
Some of the most prominent players in the global water and wastewater management market for the mining sector are Lenntech, Pall, GE Water & Process Technologies, The Dow Chemical Company, and Veolia. Other companies contributing toward the growth of the market are Carmeuse, Aquatech International, AQUARION, SUEZ Water & Treatment Solutions, MWH Global, IDE Technologies, Golder Associates, Amec Foster Wheeler, Miwatek, newterra, BioteQ Environmental Technologies, and Saltworks Technologies.
The report states that the vendor landscape of the global water and wastewater management market for the mining sector is increasingly consolidated, which can be attributed to the strong presence of a handful of established companies. These leading firms control the top order of the landscape by increasing their adoption of more efficient and advanced technologies that can impact the management of water and wastewater.
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