Wastewater Treatment to Generate $45bn by 2020

The sludge from wastewater can generate $45bn in revenue from its present $25bn, a report says.

The Lux research report, “Technologies Turn Waste into Profit,” proves that with technological advancement, sewage can become a huge source of profit.

It says that technological development can help to generate energy, and extract phosphorous and other products from sewage sludge.

The report says the cost of treatment and the handling of sludge constitutes between 20% and 50% of a wastewater treatment facility’s costs at present.

With the advancement of technology, the cost of wastewater treatment will fall, resulting in increased profits from wastewater sludge.

According to the report, technologies focused on recovering energy from sludge show the most promising value proposition and are expected to capture 64% of the overall market by 2020.