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 recycle and reuse market is mainly driven by the demand for filtration equipment 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.
Browse in-depth TOC on "Water Recycle and Reuse Market"
130 – Tables
46 – Figures
186 – Pages
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Market Dynamics
- Driver: Increasing Water Scarcity
- Restraint: Health and safety concerns.
- Opportunity: Rising population and rapid urbanization.
- Challenge: High cost and infrastructure requirements
Filtration by equipment is projected to grow at fastest CAGR, in terms of value, during the forecast period.
Filtration is projected to be the fastest-growing segment in the water recycle and reuse market by equipments, in terms of value, during the forecast period. Filtration plays a key role in water recycling processes by removing impurities, contaminants, and suspended solids from the water, making it safe and suitable for reuse.
50,001 L TO 100,000 L is projected to be the fastest growing capacity in the market, in terms of value.
One crucial application is providing clean drinking water to municipalities and large urban or suburban areas. These plants play a vital role in treating water from natural sources such as rivers or lakes, removing impurities, and ensuring safe and potable water for the local population. Moreover, industrial applications greatly benefit from a water treatment plant of this capacity. Industries such as manufacturing, power generation, food and beverage, and pharmaceuticals require large volumes of water for their processes.
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Middle East and Africa is expected to be the fastest growing market for water recycle and reuse market during the forecast period, in terms of value.
Middle East and Africa and Asia Pacific markets are registering high growth, and the trend is projected to continue during the forecast period. Emerging economies such as India, China, South Korea, South Africa are investing in various industrial developments driving the water recycle and reuse market. Moreover, the increasing Industrial and commercial application in all these countries is driving the demand for filtration equipments. The increasing investment in the filtration equipment's by giant industry players is driving the growth factors of the market.
Water Recycle and Reuse Market Key Players:
The key players in this market 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).
Veolia Water Technologies
Veolia Water Technologies is a subsidiary of Veolia, a French multinational company that specializes in environmental services. Veolia Water Technologies is a global leader in water and wastewater treatment solutions, providing a wide range of products and services to various industries, including municipal and industrial clients.
The company operates through three business segments water operations, waste, Technology and construction and energy. Veolia's water business segment provides the complete range of services required to design, build, maintain, and upgrade water and wastewater treatment facilities and systems for industrial customers and public authorities. It offers a wide range of solutions for the collection and transport of drinking water and wastewater, including operating and maintaining water and wastewater treatment networks, collecting wastewater, and designing and building water and sanitation networks. The company offers a comprehensive portfolio of water treatment technologies, including physical, chemical, and biological processes, to address various water and wastewater treatment challenges
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Veolia Water Technologies has a global presence, with operations in over 60 countries and a workforce of over 10,000 employees. Its clients include municipalities, industrial clients, and the oil and gas, mining, and pharmaceutical industries, among others.