Water Recycle and Reuse Market - Global Industry Report, 2031

Posted 2021-10-26 10:12:37

Water Recycle and Reuse: Introduction

Water recycle and reuse recuperates wastewater from variety of sources. It then treats it and utilizes it for urban purpose (irrigation of public parks, street cleaning, toilet flushing, vehicle washing, etc.), agricultural purpose, industrial purpose (dust control, recirculating cooling water, etc.), recreational purpose, environmental purpose (aquifer recharge), and potable purpose (aquifer recharge for drinking water use).
Increase in water scarcity and implementation of governmental regulations regarding wastewater disposal to mitigate ill-effects of water pollutions are factors expected to propel the water recycle and reuse market in the near future
Water recycle and reuse offers various benefits. For instance, it increases water availability for non-potable purposes.
Recycled water can be reused for non-drinking purposes. Thus, it eliminates the use of drinking water for non-potable purpose and preserves the sources of drinking water. Water recycle and reuse also enhances the protection of environment by restoration of steams, wetlands, and ponds.

Key Drivers and Restraints of Water Recycle and Reuse Market

Water recycling has proved to be an effective and efficient process for creating water supply without compromising on the public health. Water reuse is accepted across the globe. The practice is anticipated to rise at a significant pace in the near future. The usage of recycled water is increasing in many parts of the U.S. in order to meet the needs of the environment. With advancements in water recycling technology, wastewater treatment process is likely to become an important aspect of human life. Recycling of gray and wastewater demands less amount of energy than treating salt water through the desalination process. Thus, advancement in treatment processes of wastewater is projected to fuel the water recycle and reuse market during the forecast period.
Implementation of stringent regulations regarding water quality standards, significant investment in infrastructure for storing wastewater and distribution of treated water, and high cost associated with water quality monitoring & identification of contaminants are compelling authorities to reconsider the economic viability of water recycle and reuse projects. Thus, less favorable economic viability of water recycle and reuse projects is estimated to hamper the global water recycle and reuse market.

COVID-19 Impact Analysis on Industrial Sector

Governments of several countries across the globe have imposed stringent lockdowns to limit the spread of the COVID-19 disease. Movement of individuals and economic activities related to goods and services has come to a halt because of lockdowns. Recycled water is used in a wide range of applications for industrial purposes such as dust control and ventilation. Temporary closure of industries has led to decrease in utilization of recycled water. This is adversely affecting the global water recycle and reuse market.

Water Recycle and Reuse Market Segmentation

The global water recycle and reuse market can be segmented based on component, technology, and end-use
In terms of component, the global water recycle and reuse market can be segregated into chemicals and equipment. Chemicals can be further classified into coagulants & flocculants, disinfectants & general biocidal products, scale & corrosion inhibitors, antifoam chemicals, pH conditioners, and others. Equipment can be further divided into monitoring & control equipment, aeration equipment, membrane filters, reactors, processing tanks, and others.
In terms of technology, the global water recycle and reuse market can be segregated into reverse osmosis (RO)/ membrane filtration, activated sludge, clarification, sludge dewatering, chlorination and others
In terms of end-use, the global water recycle and reuse market can be bifurcated into municipal and industrial. The industrial segment can be further divided into pulp & paper, textile, chemical, paints & coatings, and others. Low standard of water quality required for industrial processes is expected to boost the industrial segment during the forecast period.

Water Recycle and Reuse Market: Regional Segmentation

In terms of region, the global water recycle and reuse market can be split into Middle East & Africa, Latin America, Asia Pacific, Europe, and North America
The U.S. is expected to dominate the water recycle and reuse market in North America during the forecast period. According to the Clean Water Act (CWA) of 1972 of the U.S., municipal corporations, industries, or any other facilities cannot discharge any untreated waste directly into navigable waters without a permit. The permit ensures continuous scrutiny of waste discharged into the water and provides necessary plan of action about the treatment of waste discharged if required. The U.S. Government provides grants for building sewage treatment plant, wherein wastewater undergoes primary & secondary treatment to meet the required water standards. These factors are driving the market in the U.S. in North America.

Key Players Operating in Global Market

Global Water Recycle and Reuse Market: Research Scope

Global Water Recycle and Reuse Market, by Component

Global Water Recycle and Reuse Market, by Technology

Global Water Recycle and Reuse Market, by End-use