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Water Recycle and Reuse Market Growth Analysis | 2024-2030
Water Recycle and Reuse Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2024-2030 ... See more
The water recycle and reuse market was estimated at USD 16.2 billion in 2023 and is likely to grow at a CAGR of 10.71% during 2024-2030 to reach USD 32.8 billion in 2030.
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The Water Recycle and Reuse market refers to the industry involved in the treatment and repurposing of wastewater for various applications, rather than discharging it as waste. This market encompasses a range of technologies and solutions designed to treat and purify water, making it suitable for reuse in industrial processes, agricultural irrigation, municipal water supplies, and other applications.
Water recycling and reuse, a sizeable market, could not escape from such trends and witnessed a colossal decline amid the pandemic, quite aligned with the decline in automobile production. However, the industry gradually rebounded in the year 2021 with a renewed emphasis on sustainable water management practices. The pandemic has served as a catalyst for increased awareness regarding the importance of water recycling and reuse, prompting governments and industries to prioritize resilient water infrastructure.
The key objectives of water recycling and reuse initiatives are to address water scarcity, reduce the environmental impact of wastewater discharge, and promote sustainable water management practices. Industries and communities implement water recycling systems to optimize water resources, comply with regulatory standards, and contribute to overall environmental sustainability.
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The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. Most of the major players are providing both lead-acid and lithium-ion batteries in their portfolio.
The following are the key players in the water recycle and reuse market (arranged alphabetically).
Note: The above list does not necessarily include all the top players in the market.
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|
Segmentations |
List of Sub-Segments |
Dominant and Fastest-Growing Segments |
|
Equipment Type Analysis |
Filtration, Machinery, Tanks, and Pipes & Drains |
Filtration is anticipated to remain the biggest demand generator and fastest-growing equipment type in the market during the forecast period. |
|
Capacity Type Analysis |
<25,000 L, 25,001 to 50,000 L, 50,001 L to 100,000 L, >100,001 L |
25,001 to 50,000 L capacity is anticipated to be the pioneer and fastest growing in the foreseen years. |
|
End-Use Type Analysis |
Industrial, Commercial, Residential |
The industrial type is expected to maintain its dominance and have faster growth in the years to come. |
|
Regional Analysis |
North America, Europe, Asia-Pacific, and The Rest of the World |
Asia-Pacific is expected to remain the largest and fastest-growing market over the next six years. |
“Filtration dominates the market during the forecast period.”
The water recycle and reuse market is segmented into filtration, machinery, tanks, pipes, and drains. Filtration is expected to remain the largest and fastest-growing vehicle type in the market during the forecast period since filtration plays a pivotal role in ensuring the quality and safety of recycled water.
Furthermore, the versatility of filtration methods, applicable across various scales and industries, positions them as a reliable and adaptable choice for water treatment. Ongoing technological innovations in filtration also contribute to enhanced efficiency.
“50,001 L TO 100,000 L dominates the market during the forecast period.”
The market is segmented into <25,000 L, 25,001 to 50,000 L, 50,001 L to 100,000 L, and > 100,001 L. The 50,001 L TO 100,000 L is expected to remain the dominant as well as the fastest-growing capacity type in the market during the forecast period. 50,001 L to 100,000 L capacity range strikes a balance between efficiency and scalability since it allows for the effective treatment of a substantial volume of water without the complexity and resource requirements associated with larger-scale systems. This makes it an attractive choice for businesses seeking to implement cost-effective and manageable water recycling solutions.
“Industrial segment dominates the market during the forecast period.”
The market is segmented into industrial, commercial, and residential areas. Industrial is expected to remain the dominant as well as the fastest-growing end-use type in the market during the forecast period since water recycling allows industrial facilities to treat and reuse water for various processes, reducing their reliance on freshwater sources and minimizing the discharge of wastewater into the environment. Moreover, the economic benefits of water recycling in the industrial sector contribute to its dominance.
“Asia-Pacific is expected to remain the largest market during the forecast period.”
This region faces significant challenges related to water scarcity, population growth, and rapid industrialization, driving a heightened demand for sustainable water management solutions. Additionally, as regulatory frameworks become more stringent regarding water quality and environmental conservation, industries in Asia-Pacific are compelled to adopt water recycling practices to comply with standards and minimize their ecological footprint.
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This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s water recycle and reuse market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies the market, covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The water recycle and reuse market is segmented into the following categories:
By Equipment Type
By Capacity Type
By End-Use Type
By Region
Click here to learn the market segmentation details.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.
The water recycle and reuse market refers to the industry involved in the treatment and repurposing of wastewater for various applications, rather than discharging it as waste. This market encompasses a range of technologies and solutions designed to treat and purify water, making it suitable for reuse in industrial processes, agricultural irrigation, municipal water supplies, and other applications.
The water recycle and reuse market was estimated at USD 16.2 billion in 2023.
The water recycle and reuse market is likely to reach USD 32.8 billion in 2030.
The water recycle and reuse market is likely to grow at a CAGR of 10.71% during 2024-2030.
Veolia Water Technologies, SUEZ Water Technologies & Solutions, Evoqua Water Technologies, Fluence Corporation Limited, Dow Chemical Company, Hitachi Ltd., Kubota Corporation, Siemens Energy, Melbourne Water, and Alfa Laval are the leading players in the market.
Asia-Pacific is estimated to remain dominant in the market in the foreseeable future due to a combination of pressing water-related challenges, stringent regulations, economic growth, and technological advancements. The key economies driving the region’s demand for automotive seals are China, India, and Japan.
Industrial type is estimated to be dominant in the market in the coming years owing to the surge in global industrialization, coupled with increased regulatory pressures on water conservation and environmental sustainability.
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