The water and waste treatment sector in China is expected to grow rapidly over the next few decades, but a new report suggests some countries may be underestimating their potential role in the sector.
The Global Water and Wastewater Treatment Market and its Drivers: A Quantitative Analysis (PDF) by the World Water Economics Group, an independent consultancy, says China will be responsible for a growing share of water and sewage treatment services by 2050.
China has already accounted for about a third of global water and sewer treatment capacity.
But the report suggests that over the long term, the number of countries contributing to the sector will increase.
The study predicts that by 2080, more than 80 percent of the world’s water treatment capacity will be generated in China.
That’s up from just 14 percent in 2000, and it means China will lead the way in terms of both water and treatment capacity, the report says.
For a detailed look at the global water treatment market and the drivers behind it, check out the infographic below.
The report is based on data from the World Bank’s Global Water Market Tracker (GWM), which uses market data and forecasts to identify countries with the most water and sanitation systems and services.
In 2030, the GWM estimates China will account for more than 60 percent of global wastewater treatment capacity and 80 percent for the global treatment of water.
The GWM projects China will become the world leader in water and water-related technologies by 2040, and by 2070, its wastewater treatment technology will be on par with those in the United States.
But it says the market will not grow as fast as China is projecting.
According to the GWG, the water and soil treatment market will grow to reach $1.9 trillion by 2050, and China will make up nearly 40 percent of that market.
The number of markets in the country is projected to increase from 11 to 14 by 2060.
The research suggests China’s rapid growth in water treatment will help it to grow its share of the market.
But it notes that China’s ability to generate water and its growing share in the sewage treatment market are two different things.
In fact, China’s water and groundwater treatment technology is still in its infancy, and its wastewater capacity is still relatively low.
In addition, China has been struggling with water shortages since it joined the World Trade Organization in 2001, and is also dealing with a lack of political will to tackle its water problems.
The World Water Prices Project, an analysis of market trends by The World Bank, estimated that the global average price for water treatment in 2030 would be $1,054 per liter, and the average price per ton of wastewater treatment wastewater in 2030 was $2,099.
The GWM study says the price of water for wastewater treatment could be much higher in some parts of the country.
China is already a global leader in wastewater treatment.
The World Health Organization estimates that nearly 1.3 billion metric tons of water, representing about 20 percent of China’s total land area, is treated annually.
But in 2020, the average water treatment price in China was $6.10 per liter.
In contrast, the U.S. averaged $1 per liter for wastewater and treated sewage.
The International Water Management Association estimates that the U