Water Recycle And Reuse Market - Global Industry Analysis

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Water recycling and reuse is the process of treating the wastewater with various technologies and converting it into the usable purpose. This process is also called as water reclamation. The treated wastewater can be used for various purposes such as in agriculture and landscape irrigation, in horticulture, industrial purposes, domestic and commercial usage, groundwater recharge, non-potable and potable uses, and others. The wastewater can be recycled from rainwater, stormwater, treated effluent, and others. Recycled water contributes to improving the quality of drinking water and irrigation with such water can reduce the use of chemical fertilizers. In addition to this, water recycling reduces the need for new water supplies and conserves the existing water resources. Moreover, it offers financial and resources savings. Water recycling is the significant practice that can help to meet the increasing water demand in the domestic, industrial, and environmental sector. Water recycling and reuse offer low capital costs and are simple in maintenance and operation.

Water is the significant substance for every living thing on this world to survive; the market will never confront loss. Increasing awareness among the people for clean water is the major factor driving the market. For instance, according to the Water Project Organization, 783 million people across the globe do not have access to the clean water. Moreover, 1 in 9 people across the world does not have access to clean drinking water. Therefore, it is the need to focus on the recycling and reusing of the water. Furthermore, rapidly growing urbanization leads to the water pollution resulting in the scarcity of water. Hence, it is necessary to focus on the recycling and reusing of the water which positively influences the market growth during the forecast period. However, gases such as sulphuric acid released at the time of the treatment process can result in chronic health problems which may restrain the growth of the market. 

On the basis of technology, the water recycling and reuse market is fragmented into physical treatment technology, chemical treatment technology, and biological treatment technology. The physical treatment technology is generally referred to as the primary treatment. Biological treatment technology is referred to as a secondary treatment. Moreover, additional purification with the chemical treatment is referred to as advanced treatment. On the basis of application, the market is divided into agrochemical, industrial, and others. 

Regionally, North America is dominating the overall water recycling and reuse market. The U.S accounted for a significant share in 2017 and is estimated to remain dominant in the upcoming years. This growth is attributed to the advancements in the water recycling technologies coupled with the less energy utilized in the water recycling process. Such factors are considered to drive the market growth in this region during the forecast period.  

The major players actively participating in the global water recycling and reuse market are Phoenix Sourcewater Inc., CatalySystems, Water Recycling Systems, Nexus Water, Hitachi Ltd., Rivergreen Water Recycling LLC, AquaDesigns, Reclaim Equipment Company, Hyflux, and Melbourne Water