The Water Recycle and Reuse Market was at US$ 15.5 Bn in 2021 and is growing to approx US$ 30.5 Bn by 2030, with a CAGR growth of 14.1% between 2022 and 2030.

SANDY, UTAH, UNITED STATES, January 3, 2023 /EINPresswire.com/ -- According to the study, The Global Water Recycle and Reuse Market was estimated at USD 15.5 Billion in 2021 and is anticipated to reach around USD 30.5 Billion by 2030, growing at a CAGR of roughly 14.1% between 2022 and 2030.

Water Recycle and Reuse Market: Overview

Water recycling and reuse use a range of sources to recycle wastewater. It then processes it and uses it for various purposes, including irrigation of public parks, street cleaning, vehicle washing, etc.; agriculture; industry; dust management; recreation; environmental goals (recharging aquifers); and drinkable purposes (aquifer recharge for drinking water use).

Water Recycle and Reuse Market: Growth Drivers

Over the following years, the water recycling and reuse market is anticipated to be driven by non-potable applications of recovered water, including toilet flushing, agricultural irrigation, and industrial processes, as well as growing government programs for water conservation and recycling. Additionally, the market is anticipated to grow in the upcoming years due to the use of this water for building, concrete mixing, artificial lakes, paper mills, and other benefits.

Additionally, it is estimated that the necessity to enlarge the surface water reservoirs and fill groundwater aquifers with recycled water will drive the market throughout the projected time. However, some limitations and difficulties may prevent the market from expanding. The prospect of retaining the poisonous and dangerous compounds in the recycled water may constrain demand.

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Key Insights:

A) As per the analysis shared by our research analyst, the Water Recycle and Reuse market is estimated to grow annually at a CAGR of around 14.1% over the forecast period (2022-2030).
B) In terms of revenue, the Water Recycle and Reuse market size was valued at around USD 15.5 Billion in 2021 and is projected to reach USD 30.5 Billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
C) Based on application, the industrial segment is anticipated to show a high CAGR from 2022 to 2030.
D) Based on geography/region, the North American area was the leading revenue generator in 2021.

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Regional Landscape

Asia Pacific is projected to witness tremendous growth in the Water Recycle and Reuse market in 2021. The main markets in APAC for water recycling and reuse are China and India. This region’s market will expand more quickly than those in other areas. Due to the quick adoption of water recycling in sectors like oil and gas, construction, and heavy metal industries, the rapid development of water infrastructure in Australia, South Korea, Taiwan, Singapore, and Japan will facilitate the growth of water recycling and reuse market in APAC for the forecast period. Other countries contributing to the market’s revenue include the US, Spain, and Germany.

Growth in the region is also aided by soaring demand for new facilities, upgrades to existing facilities, and a growing focus on stricter wastewater control requirements, particularly in China.

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Key Players

Aqua Utility Designs and Management Pvt. Ltd.
DuPont de Nemours Inc.
DP CleanTech
Water Rhapsody
GE Water and Process Technologies
Hansgrohe SE
ProChem Inc.
Lenntech B.V.
Siemens AG
Veolia Environment

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The Water Recycle and Reuse Market is segmented as follows:

By Product

Chemical Treatment and Disinfection Technologies
Membrane Filtration Technologies
Conventional Treatment and Recycling Techniques

By Application

Commercial
Industrial
Agricultural

By Geography

North America

The USA
Canada
Mexico
Europe
The UK
Germany
France
Italy
Russia
Rest of Europe

Asia Pacific

China
India
Japan
South Korea
Malaysia
Philippines
Rest of Asia-pacific

Latin America

Brazil
Rest of Latin America
Middle East and Africa
GCC
North Africa
South Africa
Rest of Middle East & Africa

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