Water Recycle and Reuse Market, By Equipment, By Application, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
Water Recycle and Reuse Market size was valued at USD 19,847 Million in 2023, expanding at a CAGR of 11.5% from 2024 to 2032.
Water recycling and reuse is the practice of processing and reusing wastewater or spent water for various uses rather than throwing it away. It entails collecting and treating wastewater to remove contaminants and prepare it for specific purposes, such as non-potable and potable usage. This comprises several processes, including collection, treatment, disinfection, and dissemination.
Water Recycle and Reuse Market- Market Dynamics
Increasing water demand to propel market demand
Reusing and recycling water helps to minimize pollution and its negative effects on the environment by lowering the amount of treated wastewater that is dumped into water bodies. By doing this, aquatic habitats are preserved and water is made available for a variety of purposes. In addition, other concerns such as climate change, unequal distribution of water resources, unsustainable water management practices, urbanization & industrialization, pollution & water contamination, and inadequate water infrastructure raise demand for the water recycling and reuse industry. The recycling and reuse of water has several advantages. It contributes to meeting the increasing demand for water by offering a second source of water. Additionally, it reduces the strain on already available freshwater resources, protecting them for necessities like agriculture and drinking. Furthermore, recycling and reusing water can help with pollution reduction and energy conservation. Additionally, it may mitigate the negative effects of climate change and droughts on the availability of water.
Water Recycle and Reuse Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 11.5% over the forecast period (2024-2032)
Based on equipment segmentation, the Filtration segment is expected to dominate the market during the forecast period
Based on application segmentation, the Industrial category is expected to hold a prominent market share during the forecast period
Based on region, the Asia Pacific is expected to dominate the market over the forecast period
Water Recycle and Reuse Market- Segmentation Analysis:
The Global Water Recycle and Reuse Market is segmented based on Equipment, Application, and Region.
Based on the equipment, the Water Recycle and Reuse market is divided into Machinery, Filtration, Pipes and Drains, Tanks and Others. The Filtration segment is expected to dominate the market during the forecast period. The main function of filters is to help remove residual suspended contaminants from wastewater. Activated carbon extracts residual poisons from wastewater by absorbing the toxins and expelling them from the system.
Based on the application, the Water Recycle and Reuse industry is categorized into Commercial, Residential and Industrial. The Industrial category is expected to hold a prominent market share during the forecast period. The circular economy, which emphasizes waste reduction and resource efficiency optimization, is a notion that the industrial sector is beginning to embrace more and more. In keeping with this strategy, water recycling and reuse have attracted substantial attention. By enabling enterprises to construct a closed loop in their water usage, these strategies assist in limiting water wastage and reduce their reliance on freshwater sources. As a result, the industrial sector's need for water recycling and reuse has been continuously increasing.
Water Recycle and Reuse Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. The Asia Pacific is expected to dominate the market during the forecast period. Governments in rising markets like China, India, Thailand, Indonesia, and Malaysia are being forced to create policies that encourage investments in the exploitation of natural resources like natural gas and crude oil due to their economies growing. Considering the ease of access to raw materials, the high penetration of nitrogenous fertilizer manufacturing units in Australia, China, and India is anticipated to be a major factor in driving up demand for water treatment methods over the projection period.
Water Recycle and Reuse Market- Competitive Landscape:
The sector is very competitive due to the presence of both multinational and domestic firms. Water Recycle and Reuse manufacturers employ a variety of methods to expand market share and fulfil the changing technical needs of application industries such as residential, commercial and industrial.
Recent Developments:
In September 2023, PPG announced the release of filter components and a high-performance ultrafiltration (UF) membrane intended for use in wastewater and industrial process water applications. The new UF membrane complements PPG's range of microfiltration (MF) membranes and filter elements, which are intended to eliminate oil and other impurities to enable wastewater and process water to be disposed of or reused safely and cost-effectively, enhancing water reuse and contributing to the fight against global water scarcity.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL WATER RECYCLE AND REUSE MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Evoqua Water Technologies LLC
Alfa Laval AB
Industrial Water Equipment Ltd.
Aquatech International LLC
DeLoach Industries Inc.
Element Solutions Inc.
Hitachi Ltd.
Aquatherm Water Treatment
Aries Chemical Inc.
Ecolab Inc.
GLOBAL WATER RECYCLE AND REUSE MARKET, BY EQUIPMENT- MARKET ANALYSIS, 2019 - 2032
Machinery
Filtration
Pipes and Drains
Tanks
Others
GLOBAL WATER RECYCLE AND REUSE MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
Commercial
Residential
Industrial
GLOBAL WATER RECYCLE AND REUSE MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA
Table of Contents
1. Water Recycle and Reuse Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Water Recycle and Reuse Market Snippet by Equipment
2.1.2. Water Recycle and Reuse Market Snippet by Application
2.1.3. Water Recycle and Reuse Market Snippet by Country
2.1.4. Water Recycle and Reuse Market Snippet by Region
2.2. Competitive Insights
3. Water Recycle and Reuse Key Market Trends
3.1. Water Recycle and Reuse Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Water Recycle and Reuse Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Water Recycle and Reuse Market Opportunities
3.4. Water Recycle and Reuse Market Future Trends
4. Water Recycle and Reuse Industry Study
4.1. PEST Analysis
4.2. Porter's Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Water Recycle and Reuse Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Water Recycle and Reuse Market Landscape
6.1. Water Recycle and Reuse Market Share Analysis, 2023
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players' Analysis
6.2.2. Emerging Players' Analysis
7. Water Recycle and Reuse Market - By Equipment
7.1. Overview
7.1.1. Segment Share Analysis, By Equipment, 2023 & 2032 (%)
7.1.2. Machinery
7.1.3. Filtration
7.1.4. Pipes and Drains
7.1.5. Tanks
7.1.6. Others
8. Water Recycle and Reuse Market - By Application
8.1. Overview
8.1.1. Segment Share Analysis, By Application, 2023 & 2032 (%)
8.1.2. Commercial
8.1.3. Residential
8.1.4. Industrial
9. Water Recycle and Reuse Market- By Geography
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
9.2. North America
9.2.1. Overview
9.2.2. Water Recycle and Reuse Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.2.4. North America Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
9.2.5. North America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)