The global water recycle & reuse market size is expected to reach USD 30.56 billion by 2030, and is expected to grow at a CAGR of 9.7% from 2024 to 2030, according to a new report by Grand View Research, Inc.
The potential drivers contributing to market growth include the rise in scarcity of freshwater resources, the increasing significance of the environment among the population, and stringent regulations on wastewater discharge. Water recycling and reuse involve the treatment of wastewater to make it suitable for various non-potable and portable applications. The process helps in multiple ways to conserve water resources, reduce pollution, and promote sustainable water management practices.
Gather more insights about the market drivers, restrains and growth of the Water Recycle And Reuse Market
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 driving the market.
Water Recycle & Reuse Market Report Highlights
Based on equipment, the filtration segment led the market and accounted for 33.94% of the global revenue share in 2023. The wide utilization of filtration technologies such as reverse osmosis, ultrafiltration, and nanofiltration in water recycling and reuse contributes to the segment’s growthBased on end use, the industrial segment held a revenue share of 49.33% in 2023. The increasing adoption of water recycling and reuse solutions in various industries, such as power generation, oil and gas, chemicals, and pharmaceuticals, is driving the demand in this segmentBased on region, the Asia Pacific region accounted for the largest revenue share of 36.8% in 2023. Developing economies such as China and India are experiencing significant growth in industrial activities, driving the demand for efficient and reliable water recycling & reuse solutions.In April 2023, Hydraloop launched water recycling systems for residential purposes which recycle water from baths, showers, and laundry activities. The new system enables the reuse of water for flushing toilets and irrigation of gardens and landscapingBrowse more reports published by Grand View Research.
Membrane Bioreactor Market Size, Share & Trends Analysis Report By Product (Hollow Fiber), By Configuration (Submerged), By Application (Municipal), By Region, And Segment Forecasts, 2023 - 2030Industrial Water Treatment Chemicals Market Size, Share & Trends Analysis Report By Application (Cooling & Boilers, Water Desalination, Raw Water Treatment) By Region, And Segment Forecasts, 2023 - 2030List of Key Players in the Water Recycle & Reuse Market:
VeoliaEvoqua Technologies & SolutionsFluence Corporation LimitedDow CorporateHitachi Ltd.Kubota CorporationSiemensAlfa LavalHydraloopMembraconToshiba Infrastructure Systems & Solutions CorporationGenesis Water Technologies Inc.NEWater ChinaAbout Grand View Research
Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.
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