Water Recycle And Reuse Market Is Expected To Reach $30.56 Billion By 2030


 San Francisco, 24 December 2024: The Report Water Recycle And Reuse Market Size, Share & Trends Analysis Report By Equipment (Filtration, Machinery, Tanks, Pipes & Drains), By End Use (Residential, Commercial, Industrial), By Region, And Segment Forecasts, 2024 - 2030

The global water recycle and reuse market size to reach at USD 30.56 billion in 2030 and is anticipated to grow at a CAGR of 9.7% from 2024 to 2030. The increasing scarcity of freshwater resources, rising environmental awareness, and stringent regulations on wastewater discharge are driving the demand for water recycling and reuse solutions. Water recycling and reuse involve the treatment of wastewater to make it suitable for various non-potable and potable applications. The process helps conserve water resources, reduce pollution, and promote sustainable water management practices.

Drivers, Opportunities & Restraints

The market is driven by several factors, including increasing water scarcity and the need for sustainable water management practices, stringent environmental regulations, and the growing demand for treated water in industrial and agricultural applications. Rising awareness about the benefits of water recycling and the implementation of water reuse policies by governments are also contributing to market growth.

According to the United Nations, at least half of the world's population, around 4 billion people, experiences water shortages for one month of the year. By 2025, around 1.8 billion people are expected to experience severe water shortages and absolute water scarcity. Due to the rising severity of water scarcity, recycling activities and the reuse of treated water will likely gain momentum across various end-use sectors such as industrial, commercial, and residential.

Moreover, advancements in water treatment technologies, such as membrane filtration and advanced oxidation processes, provide significant growth opportunities. The growing investments in water infrastructure and the increasing adoption of decentralized water treatment systems drive the market.

Access Research Report of Water Recycle And Reuse Market @ https://www.grandviewresearch.com/industry-analysis/water-recycle-reuse-market-report

Recent Developments

  • In April 2023, Hydraloop launched water recycling systems for residential purposes which recycles water from bath, showers, and laundry activities. The new system enables reuse of water for flushing toilets and irrigation of gardens and landscaping.
  • In March 2022, WOTA Corp. and Kao entered into a partnership in water and sanitation field. This partnership is expected to create new opportunity in the market.

Key Water Recycle And Reuse Company Insights

Some of the key players operating in the market include Veolia, Fluence Corporation Limited, Kubota Corporation, and Siemens.

  • Veolia is a leading provider of water recycling and reuse solutions, offering a wide range of technologies and services for various applications. The company’s focus on innovation, efficiency, and sustainability has solidified its position in the market.
  • Siemens Water Technologies specializes in providing advanced water treatment solutions for industrial and municipal applications. The company’s products are recognized for their durability, efficiency, and advanced technology.

Dow Corporate, Evoqua Technologies & Solutions, Hitachi Ltd., Membracon, and Genesis Water Technologies Inc. are some of the emerging market participants in the market.

  • Hitachi Ltd. is known for its advanced water treatment technologies and high-quality products. The company offers a range of solutions catering to different industries' needs, ensuring reliable and efficient water recycling operations.
  • Dow Corporate, Dow Water & Process Solutions division, is a key player in the market, offering a comprehensive range of water treatment technologies, including reverse osmosis and ultrafiltration systems. The company’s focus on quality, innovation, and customer-centric solutions has strengthened its market position.

Key Water Recycle And Reuse Companies:

The following are the leading companies in the water recycle and reuse market. These companies collectively hold the largest market share and dictate industry trends.

  • Veolia
  • Evoqua Technologies & Solutions
  • Fluence Corporation Limited
  • Dow Corporate
  • Hitachi Ltd.
  • Kubota Corporation
  • Siemens
  • Alfa Laval
  • Hydraloop
  • Membracon
  • Toshiba Infrastructure Systems & Solutions Corporation
  • Genesis Water Technologies Inc.
  • NEWater China

 

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

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