The Market valueof Wastewater Treatment in Mexico reached USD 61,382.63 Millions in 2020
The indicator recorded a historical growth (CAGR) of ...
GlobalData projects the indicator to grow ...
Water is one of the most important environmental, social, and governance (ESG) issues for institutional investors throughout the world. Most countries are exerting tremendous strain on existing water resources. The world's population is rapidly increasing, and projections predict that the world will face a huge gap between expected demand and water supply by 2030. Climate change will compound the problem by disrupting hydrological cycles, making water more erratic, and increasing the severity of floods and droughts. Water Insecurity is a major factor in global conflicts, and water contamination and scarcity represent long-term economic concerns for both developing and developed countries.
Wastewater is simply used water that has been contaminated by home, industrial, and commercial activities. The process of treating wastewater to remove contaminants so that it can be returned to the ecosystem is known as wastewater treatment. The treated water, also called effluent, after entering the ecosystem minimizes the impact on the environment and can also be used for various purposes.
Mexico is one of the leading countries for wastewater treatment along with the United States, China, Japan, and Germany among the top five countries. The Mexican wastewater treatment market has been valued at $67,405.1 million in 2021, with 50,305.5 million cubic meters of wastewater treated during the same period. The country’s wastewater treatment market grew at compounded annual growth rate (CAGR) 0f 13.0% between 2017 and 2021, while the underlying market volume grew at a CAGR of 8.6% during the same period.
Most wastewater treatment plants in Mexico are underutilized in the country, due to a lack of adequate maintenance and trained personnel. Activated sludge and waste stabilization ponds are the most common treatment techniques used in Mexico. Like many other developing countries, Mexico has a significant demand for low-cost, low-maintenance wastewater treatment plants that are both economic and ecologically viable.
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