Global Water Recycle and Reuse Market, Forecast & Opportunities, 2028?

Answer 1

Bharat Book Bureau Provides the Trending Market Research Report on “Water Recycle and Reuse Market by Equipment, Capacity, End Use, & Region - Global Forecast to 2028”under  Heavy Industry Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.

The Water Recycle and Reuse Market is projected to reach USaD 27.0 billion in 2028 at a CAGR of 10.8% during the forecast period. The increasing use of brine concentration technology in processing different chemicals drives the market. In addition, the mining industry produces a huge amount of wastewater that needs proper treatment before disposal to reduce the environmental impact. Brine concentration technology is used to treat wastewater and extract any valuable metals and dissolved solids from the wastewater, thus reducing the waste generated.

“Machinery by equipments accounts for the second-largest market share in 2022”

Machinery plays a crucial role in water recycling processes, facilitating the movement, treatment, and management of water. The Machinery serve the purpose of circulating, recirculating, pumping, and conveyance of feed water, brine water, distillates, condensates, and desalinated water. Pumps, Motors, Evaporators, Blowers and aerators, these are some of the key machinery and equipment commonly used in water recycling processes. Companies such as Veolia Water Technologies and IDE Technologies are using this technology, increasing market demand.

“1,00,000 above is expected to be the second-fastest growing Capacity type for water recyle and reuse market during the forecast period, in terms of value.”

A water treatment plant with a capacity exceeding 100,000 above liters serves critical purposes in meeting the water demands of large-scale applications. Furthermore, these high-capacity water treatment plants find extensive use in industrial sectors that require significant volumes of water for their operations. Large-scale agricultural irrigation is another application that benefits from water treatment plants with capacities above 100,000 liters. These are the driving factors for the growing demand.

“Based on region, Asia Pacific was the largest market for water reuse and recylce in 2022, in terms of value.”

Water scarcity is a significant challenge faced by many countries in the Asia-Pacific region. With a growing population and expanding urban areas, the demand for freshwater resources is increasing rapidly. This has led to the recognition of the importance of water recycling and reuse as a viable solution to conserve water resources. By treating and reusing wastewater, countries in the region can alleviate the strain on freshwater sources and ensure a sustainable water supply.

In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted.

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