30-Mar-2022 | Zion Market Research
The global water recycle and reuse market was worth around USD 20342.9 million in 2021 and is estimated to grow to about USD 36632.4 million by 2028, with a compound annual growth rate (CAGR) of approximately 10.3 percent over the forecast period. The report analyzes the water recycle and reuse market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the digital remittance market.
Water recycle and reuse is expected to see prominent demand over the coming decade owing to a rising need for water in multiple end use applications across various industry verticals. The process of treating wastewater and removing its impurities to make it usable again is called recycling and this has emerged as a major trend and is anticipated to maintain this outlook over the forecast period.
Rising water consumption, growing demand for water, increasing technological proliferation, rising demand for sustainable solutions, strict mandates against wastewater discharge, etc., are some of the major factors that are responsible for water recycle and reuse market growth through 2028.
Government initiatives and increasing investments for the conservation & recycling of water are expected to propel the adoption of water recycle and reuse services on a global scale through 2028. Increasing infrastructural activity and industrial activity is also anticipated to play a major role in the water recycle and reuse market growth over the forecast period.
Residual content in recycled water that could harm human health or the environment is anticipated to be a major constraining factor for water recycle and reuse market growth. The water recycle and reuse companies can invest in the research and development of recycling systems that could eliminate these elements and ensure the safety of recycled water for consumption and general use. Water recycle and reuse companies are expected to largely benefit from the rising demand in the industrial sector which sees a substantial increase due to the rising use of water in applications.
The COVID-19 pandemic resulted in worldwide lockdowns and this created an adverse situation for multiple markets across the world and the world economy toppled. The water recycle and reuse market growth also saw a negative trend and resulted in stunted growth in this period. The water recycle and reuse market is expected to see progress at a high CAGR in the post-pandemic era as the world returns to normal and industrial activities across the world resume.
Browse the full “Water Recycle And Reuse Market By Component (Chemical, Coagulants & Flocculants, Disinfectants & General Biocidal Products, Scale & Corrosion Inhibitors, Antifoam Chemicals, pH Conditioners, Equipment, Monitoring & Control Equipment, Aeration Equipment, Membrane Filters, Reactors, Processing Tanks, Others), By Technology (Reverse Osmosis (RO)/Membrane Filtration, Activated Sludge, Clarification, Sludge Dewatering, Chlorination, Others), By End-use (Municipal, Industrial, Pulp & Paper, Textile, Chemical, Paints & Coatings, Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/water-recycle-and-reuse-market
The global water recycle and reuse market is segregated based on component, technology, end-use, and region. Based on end use, the global market is distinguished into municipal, industrial, pulp & paper, textile, chemical, paints & coatings, and others. The municipal and industrial segments are anticipated to exhibit lucrative opportunities owing to their large scale of application.
The water recycle and reuse market in North America is expected to be the most lucrative region in the global landscape. Increasing demand for water recycling, the presence of key water recycle and reuse companies, rapid technological advancements, supportive government initiatives, and increasing focus on sustainability is expected to be the most influential factors driving the water recycle and reuse market growth in this region through 2028. Asia Pacific region is expected to offer promising opportunities for the water recycle and reuse industry landscape through 2028. Increasing industrial activity and rapid urbanization are predicted to be the most important factors in shaping up the water recycle and reuse market growth in this region. Prominent economies like India and China in this region are expected to lead the market.
Key players functioning in the global water recycle and reuse market include SUEZ, ProcessPro, Industrial Water Equipment Ltd, Evoqua Water Technologies LLC, Samco Technologies, Inc., MECO INCORPORATED, Veolia, Fluence Corporation Limited, Praj Industries, Hitachi Zosen Corporation, ALFA LAVAL, MacDermid Envio Solutions, DeLoach Industries, Inc.
Recent developments:
Global water recycle and reuse market is segmented as follows:
By Component
By Technology
By End-use
By Region
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