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Water & Environment

Water &
Environ-
mental.

Strategic intelligence across water treatment, waste management, environmental services, air quality, and circular economy — for operators, developers, governments, and investors building the infrastructure that determines whether Asia's growth is sustainable.

55+
Water & Environment engagements completed
10yr
Sector experience
8
Markets covered
$700M
Decisions supported
Coverage Areas

Every dimension of
the environmental economy.

01 · Water Treatment

Water Treatment & Supply

Municipal and industrial water treatment market sizing, private sector participation appetite, technology adoption research, and investment feasibility for water treatment operators, technology vendors, and infrastructure investors across South Asia.

Water market sizingPSP appetiteTechnology adoption
02 · Wastewater Management

Sewage Treatment & Reuse

Sewage treatment plant development pipeline, recycled water demand research, industrial effluent treatment outsourcing intent, and competitive landscape mapping for wastewater treatment operators and environmental engineering companies.

STP pipelineRecycled water demandEffluent outsourcing
03 · Solid Waste Management

Solid Waste & Resource Recovery

Municipal solid waste collection economics, waste-to-energy project feasibility, material recovery facility benchmarking, and market entry intelligence for waste management operators, recyclers, and circular economy investors.

SWM economicsWtE feasibilityRecycling benchmarks
04 · Air Quality & Emissions

Air Quality Monitoring & Control

Industrial emission control market sizing, air quality monitoring technology adoption, pollution control equipment demand, and regulatory compliance intelligence for environmental technology companies and industrial emitters across Asia.

Emission control sizingAQ tech adoptionRegulatory intel
05 · Environmental Services

Environmental Consulting & Compliance

Environmental impact assessment market sizing, corporate sustainability compliance research, ESG data and monitoring service demand, and competitive landscape mapping for environmental consulting firms and sustainability service providers.

EIA market sizingESG compliance demandSustainability services
06 · Circular Economy

Circular Economy & Extended Producer Responsibility

EPR compliance market dynamics, plastic recycling infrastructure demand, industrial symbiosis opportunity mapping, and investment intelligence for circular economy platforms, recyclers, and sustainability-focused manufacturers.

EPR dynamicsPlastic recyclingIndustrial symbiosis

Questions we've answered for
water & environment clients.

These are the actual questions clients bring to us. We've answered some version of each of them, multiple times, across multiple geographies.

What is the real private sector appetite for water treatment PPPs in Indian cities — and which municipalities have the financial covenant strength and political will to make a 25-year concession work?
We're a global water technology company entering India's industrial water treatment market. Which sectors have the largest unmet demand, the highest compliance urgency, and the most willing procurement budgets?
Our waste management concession in a Tier 2 Indian city is generating 40% below the tipping fee we projected. Tell us whether the problem is waste generation assumptions, the processing technology, or the collection model.
We're acquiring an Indian environmental services company. How real is the government contract backlog, which clients are genuinely locked in, and what is the regulatory licence concentration risk?
Who will build India's plastic recycling infrastructure at scale by 2028 — the large waste companies, the FMCG brand-led consortia, or the PE-backed circular economy platforms — and what's the fundable position?
Our air pollution control business serves heavy industry. EPR and emission norms are tightening, but enforcement is patchy. Tell us which sectors will invest in compliance first and which will wait for the regulator to blink.
Water & Environment Case Studies

Evidence of
decisions made better.

WAT.01 · Water Treatment · India

$90M Industrial Water Treatment Market Entry

Global water technology firm evaluating India's industrial water treatment opportunity. NEO ran procurement intent research across 60 industrial facilities in chemicals, pharma, and food processing, alongside technology adoption benchmarking and competitive landscape mapping.

India entry approved · Pharma and chemicals prioritised
Read Case Study
WAT.02 · Waste Management · India

Waste-to-Energy Feasibility: 3 Indian Cities

Infrastructure fund evaluating WtE project development across 3 Tier 1 Indian cities. NEO ran municipal waste characterisation research, tipping fee WTP analysis with urban local bodies, and competitive landscape benchmarking.

2 cities viable · Tipping fee benchmarks set
Read Case Study
WAT.03 · Environmental Services · M&A DD

$40M Environmental Services Acquisition DD

PE fund acquiring an Indian environmental consulting and EIA services company. Government contract portability assessed, regulatory licence concentration analysed, and key person risk quantified through management interviews.

Acquisition approved · Key person risk mitigated
Read Case Study
Water & Environment Intelligence

Latest water & environment
thinking.

Market Report

India's Water Infrastructure Gap: The Private Sector Opportunity, the Municipalities That Are Ready, and the Risks Nobody Is Pricing

March 2026
Strategy Brief

India's Plastic Recycling Infrastructure: EPR Policy, Demand Realities, and the Investment Opportunity in Circular Economy

January 2026
Due Diligence Note

Environmental Services M&A DD: Government Contract Portability, Licence Risk, and the ESG Mandate Premium That Isn't Real

November 2025
Water & Environment Practice Leadership

The team behind
the intelligence.

SS
Partner & Water & Environment Practice Lead
Suresh Sharma

16 years in environmental infrastructure strategy and investment advisory. Led 35+ market entry, project feasibility, and M&A mandates across water, waste, air quality, and circular economy in South and Southeast Asia.

NK
Director — Water & Wastewater
Nalini Krishnan

Specialist in water treatment market intelligence and wastewater infrastructure research. 13 years of municipal procurement research, technology adoption analysis, and PPP feasibility work across Indian and Southeast Asian water markets.

AY
Director — Waste & Circular Economy
Aman Yadav

10 years in solid waste management and circular economy market intelligence. Specialist in WtE feasibility, plastic recycling market dynamics, EPR compliance intelligence, and circular economy investment landscape research.

An environmental decision
you need to get right.
Brief the Water & Environment Practice →

Licensing Options

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Choose the access level that suits your organisation. All licences include the full report, methodology appendix, and structured data tables. Post-sale analyst support included.

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No printing / editing rights
8 hours of post-sale assistance by Market Analyst
5% or 16 hours customisation
Get Access →
Suitable for individual researchers
US $8,450
Report accessible to unlimited users
Rights to print / edit
40 hours of post-sales assistance by Market Analyst
20% or 70 hours customisation
Direct access to Lead Analyst
Organisation-wide intranet / presentation rights
Get Access →
For enterprise-wide deployment

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