The report “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 water recycles and reuse market is mainly driven by the demand for filtration equipment’s in various end-use industries, including Industrial, Commercial, Residential with the scarcity of water resources and concerns for the environmental impact. Moreover, it is also driven by rapidly developing and emerging economies such as India and China.
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- 130 Market data Tables
- 46 Figures
- 186 Pages and in-depth TOC on “Water Recycle and Reuse Market – Global Forecast to 2028”
Some of the prominent key players are:
- 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)
Driver: Increasing Water Scarcity
Water scarcity is a growing global concern that is driven by several factors. One of the primary drivers of water scarcity is population growth. As the global population continues to grow, the demand for water resources is increasing, particularly in urban areas where populations are concentrated. Another significant driver of water scarcity is climate change, which is affecting water resources around the world, leading to changes in precipitation patterns, melting of glaciers, and increasing frequency and severity of droughts and floods. Water pollution from industrial, agricultural, and domestic sources is also a significant driver of water scarcity, as pollution can contaminate freshwater resources, making them unsuitable for human consumption or other uses.
“Industrial was largest end-use industry for Water recycling and reuse market in 2023, in terms of value”
The industrial sector, by end use, accounted for the largest market share in the global Water recycling and reuse market, in terms of value, in 2023. However, the industrial sector is projected to grow at the highest CAGR in value during the forecast period. The industrial sector plays a significant role in boosting the demand for water recycling due to several key factors: Water Scarcity and Resource Constraints, Resilience and Risk Mitigation and Regulatory Compliance. The industrial sector is driven to adopt water recycling technologies and practices to address water scarcity, comply with regulations, achieve cost savings, align with sustainability objectives, mitigate risks, and meet stakeholder expectations. These factors collectively contribute to the increasing demand for water recycling in industrial operations.
| “Asia Pacific was the largest market for water recycle and reuse in 2023, in terms of value.” In terms of value, Asia Pacific dominated the worldwide water recycle and reuse industry in 2023. The largest market in the Asia Pacific region is China. Given the sizeable industrial and commercial sectors, rising population, and urbanisation, it is anticipated to experience the largest growth during the projected period. The major players operating in the Asia Pacific region include Veolia Water Technologies, Fluence Corporation Limited among others. |
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