Water Recycle and Reuse Market Overview 2015 – 2023
In the coming decade, as the global population swells further, it is only going to create larger problems related to water shortage. In the present scenario, several countries, especially developing ones, are reaching the threshold of water supplies in addition to existing draught conditions. In times like these, the global water recycle and reuse market has been proliferating with its innovative approaches and groundbreaking solutions. This market is majorly driven by the growing need of water in agriculture, industrial and commercial zones, and domestic purposes. However, environmental and socioeconomic factors are also influencing the expansion of this market. Recycling and reusing water protects the environment and enhances public health.
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Water recycling and reusing suffers from certain technical barriers along with a bottleneck due to the poor financial support systems for it, and the negative perception it comes with. Recycled water is majorly reclaimed for applications such as industrial, agriculture, urban, environmental, and recreational uses. Currently, major regions in the world such as Asia Pacific, Latin America, North America, and the Middle East and Africa are taking up the task of installing systems for water recycling.
Commercial and Industrial Users to Remain Major Consumers of Recycled Water
Companies offering installation or sale of membrane filtration systems are expected to change the scenario of the global water recycle and reuse market. The automation process of membrane filtration systems is the primary reason for the popularity they will garner in the coming years amongst commercial and industrial users.
Water Recycling and Reusing to Improve Groundwater Supplies
Though most water recycling projects have been designed for satisfying the need for non-potable water, several projects use this recycled water for potable applications. Some of these projects work towards replenishing groundwater aquifers and adding to the surface water reservoirs with recycled water. The projects working towards recharging groundwater inject the recycled water into groundwater aquifers for increasing groundwater supplies. This also averts the possibility of intrusion of saltwater in coastal areas.
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Recycling of Water Helps Restore Ecosystems
Water recycling and reuse offers tremendous advantages. Not only is it a dependable source of water for non-potable use, but through these systems, water can be sourced locally. As water recycling methods become more efficient with every effective technological advancement, it is also helping citizens play their part in restoring the balance of the ecosystem, decreasing the discharge of wastewater into the ground and larger water bodies, and preventing water pollution. An important aspect of recycled water is its ability to serve the greater purpose of creating riparian habitats and enhancing wetlands.
The key players in the global water recycle and reuse market are Rivergreen Water Recycling, Water Recycling Systems, Sourcewater, Inc., Hitachi, Ltd., Nexus Water, LLC, Melbourne Water, Reclaim Equipment Company, Phoenix, and Hyflux. These companies are making a huge effort toward making water recycling programs successful without compromising human health.
Affordability of Water Recycling in the Long Run Helps Market
While it is true that non-potable water remains the popular form of reusing water, other uses of recycled water are also on the rise as environmental concerns grow and demand for water rises. The installation of distribution systems at centralized facilities can be expensive in the initial phase of the project. However, in the long run, water recycling is a sustainable approach and thus a cost-effective solution. If companies can overcome institutional barriers and change the public misconceptions about recycled water, the global water recycle and reuse market has a solid future.
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