Malaysia Industrial Wastewater Treatment Service Market 2024-2030 Forecast, Analysis, Share, Growth, Value, COVID-19 Impact, Companies, Size, Revenue, Trends & Industry: Market Forecast By Service Type, By Treatment Method, By End User and Competitive Landscape

Malaysia Industrial Wastewater Treatment Service Market Synopsis

Malaysia Industrial Wastewater Treatment Service Market has been attaining growth and it will continue to grow shortly. For the past few decades Malaysia has been witnessing rapid industrial growth with recent announcement of the 2024 Budget on 13 October 2023 which earmarked an initial fund of $43 Million for the implementation of the NIMP 2030 programmes and initiatives. This is expected to boost the industrial activity in different part of Malaysia. In 2022, 7 manufacturing projects with Turkish investment worth $96.6 Million has been completed and 15 Turkish Manufacturing projects worth $1.2 Billion have been approved in Malaysia in various industries such as chemicals, textiles, food manufacturing and others which acted as a catalyst for the demand of industrial wastewater treatment service.

According to this research, Malaysia Industrial Wastewater Treatment Service market size is anticipated to grow at a CAGR of 4.2% during 2024-2030F. The Malaysian government has been actively encouraging Foreign Direct Investments (FDIs) by implementing initiatives such as the New Investment Policy (NIP) and engaging in free trade agreements. In 2022, Turkish companies successfully executed seven manufacturing projects, amounting to $96.6 million, and gained approval for an additional 15 projects with a total value of $1.2 billion. One notable example is Evyap Sabun Malaysia Sdn. Bhd. Moreover, Selangor emerged as a key region experiencing substantial industrial growth, attracting a total investment of $8.9 billion in 2022. This positive trend is anticipated to persist in the coming years, leading to increased industrial activities. Consequently, the rise in industrial operations is expected to result in a higher volume of wastewater discharge, underscoring the need for effective industrial wastewater treatment to mitigate environmental concerns associated with effluent disposal.

Market Segmentation by Service Type

The installation segment holds the highest revenue share in the Malaysia Industrial Wastewater Treatment Service Industry. The nature of installing wastewater treatment systems is often capital-intensive, involving substantial investments in equipment and infrastructure. This initial expenditure significantly contributes to the overall revenue generated within the service market.

Market Segmentation by Treatment Method

The filtration segment holds the highest revenue share in the market owing to its widespread adoption across various industries due to its effectiveness in removing impurities, suspended solids, and contaminants from wastewater. Its versatility allows it to address a broad spectrum of pollutants, making it a preferred choice for diverse industrial applications.

Market Segmentation by End User

The oil and gas industry commands the highest revenue share in the market the industry generates substantial volumes of complex wastewater laden with diverse contaminants, such as hydrocarbons and heavy metals, necessitating specialized and advanced treatment methods. Moreover, Malaysia is the second largest oil producer in Southeast Asia.

Key Attractiveness of the Report

• 11 Years of Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Malaysia Industrial Wastewater Treatment Service Market Overview
• Malaysia Industrial Wastewater Treatment Service Market Outlook
• Malaysia Industrial Wastewater Treatment Service Market Forecast
• Historical Data and Forecast of Malaysia Industrial Wastewater Treatment Service Market Revenues, for the Period 2019-2030F
• Market Drivers and Restraints
• Historical Market Data and Forecast of Revenues, By Service Type, for the Period 2019-2030F
• Historical Market Data and Forecast of Revenues, By Treatment Method, for the Period 2019-2030F
• Historical Market Data and Forecast of Revenues, By End Use, for the Period 2019-2030F
• Malaysia Industrial Wastewater Treatment Service Market - Trend and Evolution
• Market Opportunity Assessment
• Competitive Benchmarking
• Malaysia Industrial Wastewater Treatment Service Market Revenue Share, By Companies
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Service Type

• Design
• Installation
• Maintenance

By Treatment Method

• Filtration
• Disinfection
• Desalination

By End User

• Power
• Oil & Gas
• Chemical
• Mining
• Paper & Pulp
• Others