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Water Recycle and Reuse Market size surpassed USD 14 billion in 2022 and is anticipated to grow at 11.5% CAGR from 2023 to 2032. The growing water scarcity is a significant factor driving the industry growth.
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As the availability of freshwater sources become limited and stressed, it becomes crucial to find alternative water sources to reduce the reliance on freshwater. Treating and repurposing water through recycle and reuse offer a sustainable solution. Governments are introducing policies and regulations, fueling the market expansion. Many regions and countries have implemented strict regulations to promote water conservation and encourage the use of recycled water. These regulations may include water reuse targets, discharge limits, and incentives & subsidies to promote the use of recycled water.
Report Coverage | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 14 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 11% |
2032 Value Projection: | USD 43 Billion |
Historical Data for: | 2018 - 2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 227 |
Segments covered: | Technology, End use |
Growth Drivers: |
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Pitfalls & Challenges: |
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The lack of infrastructure development can hinder water recycle and reuse market growth. Recycling and reusing water requires investments in the construction of treatment plants and water supply & distribution systems. A lack of adequate resources can be a limitation, especially in developing regions or regions with limited resources.
The COVID-19 pandemic had both positive and negative impacts on the water recycle and reuse industry. The pandemic highlighted the importance of water security and the need for effective water management. With the increased awareness of hygiene and sanitation, the demand for water recovery technology rose, especially in medical facilities and public areas. This decline in water consumption negatively impacted the market.
A prominent movement in the water recycle and reuse market is the increasing focus on decentralized water recycling systems. This regional approach provides greater control of water quality and availability, offers customized solutions for specific applications, and reduces reliance on centralized systems. Decentralized systems can offer cost advantages in terms of lower operating and maintenance costs as they serve smaller areas and require lesser water. They can be integrated with renewable energy sources, such as solar or wind power, to reduce their carbon footprint. By utilizing renewable energy for water treatment processes, decentralized systems contribute to sustainable & eco-friendly practices.
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Primary technology accounts for the highest market share of 55% in 2022. These technologies are commonly used for water treatment and play a significant role in the production of high-quality recycled water. Microfiltration is a water filtration process that uses microporous membranes to separate waste, bacteria, and other large particles from the water. It operates in large pore sizes (0.1 to 10 microns) compared to other membrane systems. These primary technologies are widely used in water treatment and recycling processes to remove contaminants, solids, salts, and impurities from various water sources. Their application depends on factors such as the quality of the source water, desired water quality standards, and the specific requirements of the water recycle and reuse project.
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The municipal segment held a dominant share of water recycle and reuse market share in 2022 and will foresee 11% growth through 2032. Treatment technologies play an important role in the use & reuse of water by removing contaminants, bacteria, and impurities from wastewater and producing water that is safe for use and meets unused water standards. Continuous advancements in treatment processes have significantly improved the efficiency & effectiveness of water recycling. Innovations in membrane filtration, such as reverse osmosis and ultrafiltration, have enhanced the removal of microscopic particles, salts, and contaminants from wastewater, thereby contributing to the overall business development.
North America dominated the water recycle and reuse industry with a global share of 45% in 2022. The rising industrial sector in the region is set to bolster the industry statistics. Businesses in the region are increasingly realizing the importance of water efficiency and sustainability in reducing costs, complying with regulations, and improving environmental performance. Cities in North America are actively seeking water recycling and reuse to increase water availability and reduce dependence on freshwater. This includes treating wastewater for non-consumptive uses such as landscape irrigation, industrial, and groundwater purposes.
Some major players operating in the water recycle and reuse market are Suez Environment S.A., Veolia Environment S.A, Xylem Inc., Aquatech International LLC, Evoqua Water Technologies LLC, IDE Technologies Ltd., Kurita Water Industries Ltd., Pentair plc, Dow Chemical Company, NALCO Water, American Water, ABB Ltd., Siemens AG, Ecolab Inc., Trojan Technologies. These players focus on strategic partnerships and new service launches & commercialization for market expansion. They heavily invest in research to introduce innovative services and garner maximum revenue in the market.
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Market, By Technology
Market, By End Use
The above information is provided for the following regions and countries: