Global Water Recycle and Reuse Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Water Recycle and Reuse Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Water recycle and reuse is the process of recovering, cleaning, and reusing water that has been previously used for other purposes. Sources of water for potential reuse can include municipal wastewater, industry process and cooling water, stormwater, agriculture runoff and return flows, and produced water from natural resource extraction activities. These sources of water are adequately treated to meet “fit-for-purpose specifications” for a particular next use. Fit-for-purpose specifications” are the treatment requirements to bring water from a particular source to the quality needed, to ensure public health, environmental protection, or specific user needs.

Market Overview:

The latest research study on the global Water Recycle and Reuse market finds that the global Water Recycle and Reuse market reached a value of USD 15625.0 million in 2022. It’s expected that the market will achieve USD 21305.0 million by 2028, exhibiting a CAGR of 5.3% during the forecast period.

The COVID-19 pandemic had an adverse impact on the global water recycle and reuse market growth and resulted in huge losses. Lockdown restrictions across the world made it nearly impossible to implement water recycle programs and many facilities were shut down to contain the spread of infections. Downtime of these facilities incurred losses for industries and subsequently resulted in a downfall of the water recycle and reuse market potential.

One of the key factors driving the global water recycle and reuse market growth is the scarcity of water and rising environmental concerns as it accounts for less than 3% of the total water. Freshwater availability is becoming increasingly scarce due to climate change, droughts, and growing populations and economies. In line with this, there is growing consumer awareness regarding the detrimental environmental impact due to resource shortage. Recycle and reuse of wastewater can help conserve this valuable resource. Increasing awareness of environmental issues, such as climate change and water scarcity, is leading to increased demand for wastewater recycle and reuse.

Some limitations and difficulties may prevent the market from expanding. The prospect of retaining the poisonous and dangerous compounds in the recycled water may constrain demand. Water recycle could sometimes leave harmful elements in the water that could be dangerous to human health or the environment if not handled with precaution and this is a major factor that is expected to hamper water recycle and reuse market growth over the forecast period. Water recycle and reuse companies can eliminate this threat by implementing effective recycle apparatus that ensures the safety of the recycled water to a consumable or usable extent.

Region Overview:

In 2022, the share of the Water Recycle and Reuse market in North America stood at 35.27%.

Company Overview:

Veolia Environment
Veolia Environnement S.A., branded as Veolia, is a French transnational company with activities in three main service and utility areas traditionally managed by public authorities – water management, waste management and energy services. Veolia Water Technologies (VWT), a subsidiary of the Veolia group, is the leading specialist in water treatment. Veolia’s teams design and deliver drinking water or wastewater treatment plants as well as smaller standardized water treatment equipment for industrial or municipal customers. VWT also offers a range of services (audit, maintenance, digital and so on.) to cover all water treatment plant management needs.

Evoqua

Evoqua Water Technologies is a leading provider of water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers. Water plays an instrumental role in so many aspects of daily life beyond drinking water. Evoqua provides solutions for customers with critical water needs for energy generation, food & beverage safety and production, healthcare, manufacturing and many more.

Segmentation Overview:

Among different product types, Conventional Treatment And Recycling Techniques segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Industrial segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Water Recycle and Reuse market covered in Chapter 3:

ProChem
GreenTech
Veolia Environment
Kurita Water Industries
Lenntech
Originwater
Dow Water and Process Solutions
Evoqua
Ecolab
Xylem
Doosan
SUEZ
IDE

In Chapter 4 and Chapter 14.2, on the basis of types, the Water Recycle and Reuse market from 2018 to 2029 is primarily split into:

Conventional Treatment And Recycling Techniques Segment
Membrane Filtration Technologies Segment
Chemical Treatment And Disinfection Technologies Segment

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Water Recycle and Reuse market from 2018 to 2029 covers:

Industrial
Agricultural
Municipal & Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)