Water Recycle & Reuse Market demand & value is increasing by2015-2021
Reusing treated waste water for beneficial purposes such as agricultural and landscape irrigation, industrial processes, toilet flushing, and replenishing ground water basin is known as water recycling. Water is sometimes recycled and reused on site in few industries. An example of recycled water is the water that has been reused from municipal waste water or sewage. Recycled water is usually used for non-potable, that is, not for drinking, purposes such as agriculture, landscape, public parks, and golf course irrigation. Other non-potable applications are cooling water for power plants and oil refineries, industrial process water for such facilities as paper mills and carpet dryers, toilet flushing, dust control, construction activities, concrete mixing, and artificial lakes.
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Rapid increase in industrialization is one of the major factors influencing the growth of the global water recycle and reuse market. Rising population, increasing per capita consumption of water, and urbanization is the main reasons for the growing water scarcity worldwide. Growing water scarcity across the globe may act as the key market driving factor boosting the growth of the global market. In addition, changing climatic conditions are expected to influence the water supply as these will alter the regional distribution of freshwater supplies. On the other hand, issues related to wastewater recycling residue management may hinder the growth of the water recycle and reuse market. Therefore, it is very important to handle and manage the recycled water residues since they may prove hazardous to the environment, which increases the chances of water pollution.
On the basis of the technology used, the global water recycle and reuse market is segmented as conventional water treatment techniques, MBR technologies, membrane filtration, and chemical treatment and disinfection technologies. Based on the application, the global market is further segmented as industrial, agricultural, domestic, and commercial. Geographically, the global market is further segmented as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
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Water recycling is considered to be an effective and efficient source for supplying water with no compromisation on the human health. Water reuse is globally accepted as an efficient source and in will continue to be the same in the future. The U.S. has anticipated the witness the highest growth owing to the niche advancements in water recycling technologies and less amount of energy utilized in the water recycling process. This in turn positively impacts the growth of the global water recycle and reuse market in the region.
Major players dominating the global water recycle and reuse market are Hitachi Ltd., Water Recycling Systems, Reclaim Equipment Company, Rivergreen Water Recycling LLC, Nexus Water, Melbourne Water, Sourcewater Inc., Phoenix, and Hyflux. Other key players influencing the global market include AWWA, GE Water and Process Technologies, Veolia Environment, ProChem, WaterFX, and Water Rhapsody.
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Water Recycle and Reuse Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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