According to a market research report, the Water Recycle and Reuse Market by Equipment (Filtration, Machinery, Tanks, Pipes and Drains), Capacity (<25,000L, 25,001 TO 50,000 L, 50,001 L TO 100,000 L, > 100,001 L), End Use (Industrial, Commercial, Residential), & Region – Global Forecast to 2028″, The Water recycle and reuse market, is projected to reach USD 27.0 billion by 2028, at a CAGR of 10.8% from USD 16.1 billion in 2023. The increasing demand from the industrial sector for industrial processes such as cooling, cleaning, and manufacturing, will contribute to the rapid growth in the demand for water recycle and reuse market.
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130 Market data Tables
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186 Pages and in-depth TOC on “Water Recycle and Reuse Market – Global Forecast to 2028”.
This report also provides a comprehensive analysis of the companies listed below:
The key global players in the water recycle and reuse market include Veolia Water Technologies (France), SUEZ Water Technologies & Solutions (France), Evoqua Water Technologies(US), Fluence Corporation Limited (US), Dow Chemical Company (US), Hitachi Ltd. (Japan), Kubota Corporation (Japan), Siemens Energy (Germany), Alfa Laval (sweden), Melbourne Water (Australia). New product launches and expansions are the major growth strategies adopted by the key players in the market.
Recent Developments in Water Recycle and Reuse Market
In 2020 Veolia group acquired 30% shares of Suez’s capital from Engie to enhance its water business segment in France.
SUEZ owns a 50 % stake, signed at the very end of 2022 a new 10-year contract with the newly established voluntary association of municipalities “Spolecná voda”. With a cumulative turnover of 200 million euros, this contract covers the treatment and distribution of drinking water and the collection and treatment of wastewaterFluence Corporation Limited announced that it had secured a contract to deliver a seawater desalination plant for the Egyptian General Petroleum Corporation (EGPC) in Egypt. The plant will be designed to produce up to 12,000 cubic meters of potable water per day.
In 2022, Evoqua water technologies has purchased the remaining equity of San Diego-based Frontier Water Systems, LLC. Evoqua initially announced its majority investment position in Frontier Water SystemsIn July 2022, Veolia Water Technologies announced its partnership with TotalEnergies and will build the largest photo voltaic (PV) system in Oman to power a desalination plant.
In 2021, Fluence Corporation acquired MABR technology from RWL Water Group. MABR is a wastewater treatment technology that uses less energy and reduces the carbon footprint compared to traditional wastewater treatment methods.
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Based on equipments, the water recycle and reuse market has been segmented into Filtration (reverse osmosis, UF, NF ), machinery (pumps, motors, evaporators), Tanks, Pipes & Draines, Others. Filtration holds the major market share in value during the forecast period as it offers high efficiency along with cost-effectiveness. It comes with a modular design, making it scalable technology that can be customized for different applications and industries.
Based on Capacity, the water recycle and reuse market has been segmented into (<25,000L, 25,001 to 50,000 L, 50,001 L to 100,000 L, > 100,001 L ). The > 100,001 L accounted for the largest share, in terms of value, of the global market in 2023. A water treatment plant with a capacity exceeding 100,000 liters serves critical purposes in meeting the water demands of large-scale applications. One primary application is city-wide water supply systems, where these plants play a central role in treating and distributing water to entire urban areas. Advanced treatment processes such as advanced filtration, membrane technologies, disinfection systems, and chemical dosing are often employed to achieve the desired water quality standards and meet the regulatory requirements.These factors are driving its demand in the brine concentration technology market.
Based on end use industries, the water recycle and reuse market has been segmented into Industrial, commercial, Residential. Industrial holds the largest market share in terms of value. Due to the high volume of water operated in these types of plants. The industrial and commercial sectors are the largest end-user application for water recycle and reuse.
Asia Pacific is the largest and fastest-growing market for water recycle and reuse market. This growth is mainly attributed to the rapidly increasing population & urbanization, which drives the demand for water recycle and reuse market in booming economies in India and China. Many Asian Pacific countries are increasingly facing freshwater scarcity; thus, water purification and reuse will contribute to some relief. Asia Pacific is globally the largest agriculture producer; this industry requires a lot of water and chemicals. To curb water problems, water recycle, desalination is increasingly being adopted in Asian countries. The increased number of end-use industries of water recyle and reuse, such as construction, mining, textile, chemical, food and beverage, wastewater treatment, pharmaceuticals, and power generation in Asia Pacific, is expected to support the brine water recycle and reuse market growth during the region’s forecast period.
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