Report Code : A119261
The global water recycle and reuse market is expected to witness high growth potential in coming years due to its extensive use in filtration, machinery, tanks, pipes & drains, and others. Advancements in water treatment technologies boost the market growth during the forecast period. However, public perception and acceptance of recycled water is projected to hinder the expansion of the market. Nevertheless, the rise in population and rapid urbanization is expected to offer ample growth opportunities for the water recycle and reuse market.
Yerukola Eswara Prasad - Manager
Energy and Power at Allied Market Research
According to a new report published by Allied Market Research, titled, “Water Recycle and Reuse Market," The water recycle and reuse market was valued at $17.8 billion in 2022, and is estimated to reach $50.7 billion by 2032, growing at a CAGR of 11.2% from 2023 to 2032.
Water recycle and reuse refers to the process of treating and repurposing wastewater or used water for various applications instead of discharging it as waste. It involves collecting and treating wastewater to remove contaminants and impurities, making it suitable for specific non-potable or even potable uses. The process of water recycling and reuse typically involves multiple stages such as collection, treatment, disinfection, and distribution.
Advanced treatment technologies such as membrane filtration, reverse osmosis, and disinfection processes, are often employed to remove contaminants and ensure the safety and quality of the reclaimed water. Water recycling and reuse offer various benefits such as water conservation, reduction of freshwater demand, sustainability, environmental protection, and potential cost savings. However, it requires proper infrastructure, effective treatment processes, adherence to regulations and guidelines, and public acceptance to ensure the safety and viability of recycled water for its intended uses.
Greywater refers to wastewater generated from sources like sinks, showers, and laundry. Greywater recycling involves treating this water to remove impurities and using it for purposes like landscape irrigation or toilet flushing. Industries often generate large volumes of wastewater that can be treated and reused within their operations. This reduces the demand for freshwater and minimizes the discharge of pollutants into the environment.
In agriculture, water can be treated and reused for irrigation purposes. This is particularly important in regions facing water scarcity, as it helps conserve water resources and maintain agricultural productivity. Recycling and reusing water can be cost-effective compared to sourcing and treating freshwater. It can also help industries comply with stricter water regulations and avoid potential fines.
The water recycle and reuse market analysis is done on the basis of equipment type, end-use industry, and region. By equipment type, the market is segmented into filtration, machinery, tanks, pipes & drains, and others. By end-use industry, the market is fragmented into residential, commercial, and industrial. The region covered in the report includes North America, Europe, Asia-Pacific, and LAMEA.
By equiment type, others segment including sludge handling equipment, grit chambers, and monitoring & control systems is the fastest growing segment during the forecast period. Water recycling and reuse, as well as sludge handling, are essential aspects of sustainable water management. Filtration is a crucial step in water recycling. Various types of filters, such as sand filters, activated carbon filters, and membrane filters, are used to remove impurities and contaminants from wastewater. Chlorination systems involves the addition of chlorine or chlorine compounds to disinfect water and control the growth of microorganisms. It is commonly used in water treatment plants and wastewater recycling facilities.
By end use industry residential segment is the fastest growing segment in 2022. The construction of new residential developments provides an excellent opportunity to incorporate water recycling and reuse systems from the beginning. Integrating these systems during the design and construction phase allows for more efficient utilization of water resources and establishes sustainable water.
Rise in population and rapid urbanization is anticipated to offer new growth opportunities for water recycle and reuse during the forecast period. Population growth and urbanization have significant impacts on natural water sources such as rivers, lakes, and aquifers. These effects include the overuse and depletion of these finite resources. The rising demand for water due to various purposes like domestic use, industrial activities, and agriculture further exacerbates the situation. This over-extraction of water for urban needs and the expansion of agricultural practices contribute to the depletion of water sources, resulting in water scarcity in both urban and rural areas. Consequently, the existing water supplies are under immense pressure, jeopardizing the availability of this vital resource.
The report covers strategies adopted by key players in the market to sustain the competitive environment and increase their market share. The key players operating in the water recycle and reuse market include Alfa Laval AB, Aquatech International LLC, Aquatherm Water Treatment, Aries Chemical Inc., DeLoach Industries Inc., Ecolab Inc., Element Solutions Inc., Evoqua Water Technologies LLC, Industrial Water Equipment Ltd, and Hitachi Ltd. In addition, the market drivers, restraints, and opportunities are explained in the report.
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Water Recycle and Reuse Market by Equipment Type (Filtration, Machinery, Tanks, Pipes and Drains, Others), by End-Use (Residential, Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2023-2032
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