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Wastewater Recovery Systems Market - By Technology (Activated carbon, Ultra-filtration & Reverse Osmosis, Membrane Filtration, Ion Exchange Resin Systems, Media Filtration), By Application & Forecast, 2024 - 2032
- Report ID: GMI1474
- Published Date: Feb 2023
- Report Format: PDF
Wastewater Recovery Systems Market Size
Wastewater Recovery Systems Market size valued at USD 40.7 billion in 2023 and is projected to depict over 9.6% CAGR between 2024 and 2032. This is a result of the imposition of stringent regulations pertaining to adequate and required waste discharge from industrial facilities.
Low humidity and high evaporation from surfaces are the common outcomes of global warming. The increasing temperature and evaporation rates, along with the rising population, have exacerbated freshwater scarcity in commercial, industrial, agricultural, and residential applications. Industrial wastewater is therefore emerging as a viable source of reusable water and other valuable resources. With the introduction of strict regulations to ensure adequate discharge of wastes, the demand for wastewater recycling systems is expected to grow, especially for industrial applications.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Wastewater Recovery Systems Market Size in 2023: | USD 40.7 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 9.6 % |
| 2032 Value Projection: | USD 92.7 Billion |
| Historical Data for: | 2019 - 2023 |
| No. of Pages: | 220 |
| Tables, Charts & Figures: | 334 |
| Segments covered: | Technology, Application |
| Growth Drivers: | |
| Pitfalls & Challenges: |
For instance, in October 2022, EurEau announced the legislative proposal of the UWWTD (Urban Wastewater Treatment Directive) in Europe, encouraging the wastewater sector to continue water treatment. Such initiatives, alongside the strong focus on strengthening the global agenda on water source management, will escalate the use of equipment to boost resource recovery from wastewater. However, high capital investment and the lack of technical expertise may pose challenges to the R&D, demonstration, and deployment of varied wastewater recovery technologies, in turn, hindering the industry progress to some extent.
Wastewater Recovery Systems Market Analysis
The oil and gas applications accounted for over 14% share of the wastewater recovery systems market in 2022. This growth is attributed to the growing environmental concerns associated with the release of hazardous constituents from oil and gas explorations to groundwater resources. In August 2022, BP announced a USD 500 million increase in oil & gas spending to conduct extensive projects for offshore and onshore natural gas production. These initiatives will promote oil and gas infrastructure expansion and, in turn, augment the adoption of wastewater reuse systems to remove suspended solids.
Wastewater recovery systems market value from the ultra-filtration and reverse osmosis technology segment surpassed more than USD 6 billion in 2022. This technology is highly effective in the filtration of endotoxin, solid bacteria, viruses, and other pathogen, thereby producing an increased level of clean water with low silt density. In the U.S., wastewater surveillance has become widely applicable across communities. As per statistics from the CDC, municipal wastewater collection systems serve over 80% of households in the country. These factors will further drive the implementation of cost-effective reverse osmosis technology for water treatment applications.
Asia Pacific wastewater recovery systems market size reached USD 11 billion in 2022, due to the favorable oil & gas sector outlook and the rising focus on the development of advanced sewage treatment systems. As per data from the Southeast Asia Infrastructure forum, in Singapore, recycled wastewater meets 40% of the water demand, and is set to surge to 55% by 2060. Moreover, the increased emphasis on mitigating emissions from industries including chemicals, cement, and food & beverages will also propel the usage of wastewater recovery systems across the region.
Wastewater Recovery Systems Market Share
The strategic landscape of the global wastewater recovery systems market is inclusive of companies such as
- Kemco Systems
- Veolia
- Dynatec Systems, Inc.
- Kontek Ecology Systems Inc.
- CLEARAS Water Recovery
- Westlake Vinnolit GmbH & Co. KG
- BioChem Technology
- ENCON Evaporators
- ClearBlu Environmental
- KÖRTE Környezettechnika Zrt
- Pall Corporation
- Mech-Chem Associates, Inc.
- Koch Separation Solutions
- Calgon Carbon Corporation
- Evoqua Water Technologies LLC
These firms are focusing on strategies such as mergers and acquisitions to strengthen their footprint in the industry.
For instance, in January 2023, Koch Separation Solutions (KSS) entered a strategic partnership with Aqana, a provider of anaerobic industrial wastewater treatment technology in North America. This agreement was intended to increase improve customer reach to products, including membrane bioreactors (MBR), reverse osmosis (RO), and moving bed biofilm reactors (MBBR). Similar initiatives from other key participants are further poised to fortify the industry outlook.
Impact of the COVID-19 pandemic
The COVID-19 disease outbreak resulted in large-scale disruptions across several business sectors, including manufacturing. The profound impact of the pandemic has led to a significant reduction in production, supply, and demand, which are key areas that underpin standard manufacturing processes and cycles. Furthermore, with the interruption in industrial wastewater discharge during lockdowns, the requirement for wastewater recovery systems may have declined. However, the gradual ease in restrictions and the recovery of industrial operations are likely to aid in industry growth over the forecast period.
The Wastewater Recovery Systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Billion” from 2019 to 2032, for the following segments:
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Market Insights, By Technology
- Activated Carbon
- Ultra-filtration & Reverse Osmosis
- Membrane Filtration
- Ion Exchange Resin Systems
- Media Filtration
- Others
Market Insights, By Application
- Pharmaceuticals
- Oil & Gas
- Metal Mining
- Chemical
- Food & Beverages
- Others
The above information has been provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Poland
- Asia Pacific
- China
- India
- Japan
- Australia
- Malaysia
- Indonesia
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Latin America
- Brazil
- Mexico
- Argentina
Frequently Asked Questions (FAQ) :
Wastewater Recovery Systems Market Scope
