Pune, June 08, 2023 (GLOBE NEWSWIRE) -- A global Energy & Power research and business-consulting firm, Maximize Market Research, has published a market intelligence report on the “Water Recycle and Reuse Market”. The report is a combination of primary data and secondary data and domain experts have analyzed the Water Recycle and Reuse Market from a local as well as a global point of view. Over the forecast period, Maximize Market Research expects the market to grow from USD 14.1 Bn in 2022 to USD 34.66 Bn in 2029 at a CAGR of 11.90 percent.
Water Recycle and Reuse Market Report Scope and Research Methodology
| Market Size in 2022 | USD 14.1 Bn. |
| Market Size in 2029 | USD 34.66 Bn. |
| CAGR | 11.90 percent (2023-2029) |
| Forecast Period | 2023-2029 |
| Base Year | 2022 |
| Number of Pages | 274 |
| No. of Tables | 114 |
| No. of Charts and Figures | 111 |
| Segment Covered | Components, Technology, Type of source and End-Use |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis. |
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The bottom-up approach was used to estimate the Water Recycle and Reuse Market Size by value and volume. The report provides a detailed analysis of the market through segments and their multiple sub-segments. The report provides a competitive landscape in the Water Recycle and Reuse Market based on the market size, market share and gross income of the major Key Players. It also includes the scope of the market in major geographic regions such as North America, South America, Asia Pacific, the Middle East and Africa and Europe. The Water Recycle and Reuse Market Data has been collected through primary and secondary research methods. The collected data were later analyzed by SWOT analysis and PORTER’s five force model, which includes growth hubs, opportunities, regional insights and market restraints.
Water Recycle and Reuse Market Overview
Water recycling means treating wastewater for its reuse in agriculture, landscape irrigation, industrial processes and toilet flushing for a beneficial purpose. Recycled water for landscape irrigation requires less treatment than recycled water for drinking water. The multiple benefits of water recycling and reuse such as decreased diversion of freshwater from an ecosystem, reduces pollution, saves energy and money are expected to drive the Water Recycle and Reuse Market.
Water Recycle and Reuse Market Dynamics
The increasing scarcity of freshwater and the growing population drive the demand for clean and fresh water, which is expected to propel the growth of the Water Recycle and Reuse Market. The Water Recycle and Reuse Key Players are investing in research for the development of new technologies in the Water Recycle and Reuse Industry. The recycling of water is beneficial in reducing the carbon footprint and degradation of soil and promotes the importance of sustainable resources. These factors are expected to boost the Water Recycle and Reuse Market.
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Water Recycling Eliminates Water Shortage Issues to Boost the Water Recycle and Reuse Market
With the use of technologies, it is possible to recycle and treat wastewater and utilize it in various applications in residential or commercial areas. On-site wastewater recycling helps in reducing transportation costs and avoids the reliance of industries on additional water sources for the applications. This is expected to drive the Water Recycle and Reuse Market. The ecosystem has the most benefits from water recycling and reuse since freshwater is the basic need for the survival of several fish, plant and animal species in the water. All these factors are expected to propel the growth of the Water Recycle and Reuse Industry.
The less awareness regarding water recycling and the growing problem of freshwater scarcity along with the high cost of techniques are expected to limit the growth of the market.
Water Recycle and Reuse Market Regional Insights
North America held the largest share of the market in 2022 and is expected to propel the growth of the Water recycling and Reuse Market during the forecast period (2023-2029). The enforcement of strict regulation regarding wastewater treatment by the United States Environmental Protection Agency is expected to drive the region’s Water Recycle and Reuse Market.
Asia Pacific is expected to witness significant growth throughout the forecast period in the market. The large population base in this region drives the demand for freshwater supply and the growth of material and chemical and automotive industries in the region is expected to propel the growth of the Asia Pacific Water Recycle and Reuse Market.
Water Recycle and Reuse Market Segmentation
By Components:
- Chemical
- Coagulants and flocculants
- Disinfectants and general biocidal products
- scale and corrosion inhibitors
- antifoam chemicals
- ph conditioners
- other
- Equipment
- Monitoring and controlling equipment
- aeration equipment
- membrane filters
- reactors
- processing tanks
- other
Physical treatment involves the removal of solids and impurities using filters, screens, and membranes. Chemical treatment involves the use of chemicals such as coagulants and flocculants to remove impurities.
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By Technology:
- Reverse osmosis/membrane Filtration
- Activated Sludge
- Clarification
- Sludge Dewatering
- Chlorination
- Other
By Type of source:
- Municipal
- Industrial
- Food and Beverage
- Pharmaceuticals
- Oil and Gas
- Power Generation
- Mining
Each type of wastewater has its unique characteristics and requires specific treatment processes. Industrial wastewater is the main contributor in the segment for wastewater. Oil and gas, pharmaceuticals and mining sub-segments are expected to hold the largest revenue share of the market since they possess harmful particles in their wastewater.
By End-Use:
- Food and beverage
- Cosmetics and personal care
- Pharmaceuticals
- Others
Municipalities use water recycling and reuse technologies for treating wastewater and stormwater, while industries use these technologies for processing water, cooling water, and wastewater treatment. The Water Recycle and Reuse Industry has a significant need for high-quality water for processing and production. Water reuse and recycling are expected to help to reduce the operational cost of the companies in the food and beverages industry.
Water Recycle and Reuse Key Competitors include:
- Suez SA, a French
- Xylem Inc
- Veolia Environnement
- GE Water and Process Technologies
- PHOENIX Water Recycling
- Hansgrohe
- WaterFX
- Hitachi Zosen
- ALFA LAVAL
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Key questions answered in the Water Recycle and Reuse Market are:
- What is the Water Recycle and Reuse?
- What was the Water Recycle and Reuse Market size in 2022?
- What is the expected Water Recycle and Reuse Market size during the forecast period?
- What are the global trends in the Water Recycle and Reuse Market?
- What are the major restraints for the Water Recycle and Reuse Market?
- Which segment dominated the Water Recycle and Reuse Market growth?
- What is the demand pattern for the Water Recycle and Reuse Market?
- What growth strategies are the players considering to increase their presence in the Water Recycle and Reuse Market?
- What are the upcoming industry applications and trends for the Water Recycle and Reuse Market?
- Who are the leading companies and what are their portfolios in the Water Recycle and Reuse Market?
- Which region dominates the largest market share in the Water Recycle and Reuse Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, Organization Size, Application and Industry Vertical
- Market Segmentation – A detailed analysis by Components, Technology, Type of source and End-Use
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include Energy & Power, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
