Water Recycle and Reuse Market size was estimated at USD 18.6 billion in 2024 and is expected to surpass USD 65.7 billion by the end of 2037, rising at a CAGR of 10.2% during the forecast period, i.e., 2025-2037. In 2025, the industry size of water recycle and reuse is assessed at USD 20.5 billion.
The need for water recycling and reuse is driven by the growing scarcity of water. For instance, approximately 4 billion people, or at least half of the world's population, struggle with water shortages at least once a year. A shift toward alternate water sources is observed to manage the dependency on freshwater. One sustainable way to treat and reuse water is to recycle and reuse it. Additionally, the water recycle and reuse market is positively influenced by the stringent government regulatory standards. Strict laws have been put in place in many nations and regions to encourage the usage of recycled water and to encourage water conservation. Water reuse goals, discharge restrictions, and incentives and subsidies to encourage the use of reclaimed water are a few examples of these rules.
Growth Drivers
Challenges
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
10.2% |
|
Base Year Market Size (2024) |
USD 18.6 billion |
|
Forecast Year Market Size (2037) |
USD 65.7 billion |
|
Regional Scope |
|
Technology (Primary Technology, Secondary Technology, Tertiary Treatment)
In water recycle and reuse market, primary technology segment is projected to capture revenue share of around 55.2% by the end of 2037, as this is frequently employed in water treatment and is crucial to improving the quality of recycled water. Microfiltration is one of the primary methods of filtering water that separates trash, germs, and other big particles using microporous membranes. In contrast to other membrane systems, it functions in pore diameters ranging from 0.1 to 10 microns. For example, in March 2023, the next generation of advanced separation, brine concentration, and water reuse solutions was launched by Fluid Technology Solutions, Inc. (FTS) and Aquatech.
End use (Industrial, Agriculture, Residential, Commercial, Municipal)
By the end of 2037, municipal segment is set to hold water recycle and reuse market share of over 29.5%. By eliminating pollutants, bacteria, and impurities from wastewater and creating usable water that satisfies unused water requirements, treatment technologies play a significant part in the use and reuse of water. A range of physical, chemical, and biological procedures and processes are included in treatment technologies. Water recycling is now much more effective and efficient due to ongoing improvements in treatment techniques. Reverse osmosis and ultrafiltration are two membrane filtration innovations that have improved the removal of pollutants, salts, and minute particles from wastewater, which has helped the market as a whole.
Our in-depth analysis of the global water recycle and reuse market includes the following segments:
|
Technology |
|
|
Equipment |
|
|
End use |
|
North America Market Analysis
North America in water recycle and reuse market is predicted to hold more than 45.5% revenue share by 2037, owing to its growing industrial sector. Companies in this region are steadily becoming aware of how crucial sustainability and water efficiency are to cutting expenses, meeting legal requirements, and enhancing environmental performance. Reusing and recycling water is a smart way to improve water efficiency and lower freshwater use. For instance, the amount of recycled water generated in the U.S. is expected to rise 37% from 4.8 billion gallons per day to 6.6 billion gallons per day by 2027.
Growing water scarcity and the demand for sustainable water management solutions are driving growth in the U.S. for water recycle and reuse market. Increased industrialization and urbanization are fueling the need for water efficiency. The adoption of water recycling technologies is also encouraged by government incentives and strict environmental restrictions. Growing public and private sector investments in cutting-edge water treatment and reuse systems to guarantee a sustainable water supply are driving market expansion, along with growing awareness of water conservation and the advantages of recycling.
The water recycle and reuse market is well-established in Canada due to factors including strict environmental legislation, a strong emphasis on sustainability, and water stress in some areas. Struggle with water shortages and high-water demand have put in place water recycling and reuse programs for a range of uses, such as groundwater replenishment, industrial processes, landscape irrigation, and agriculture in the nation. The water recycle and reuse market in Canada has grown as a result of the implementation of cutting-edge water treatment technology and the existence of strong regulatory frameworks.
Asia Pacific Market Analysis
Asia Pacific water recycle and reuse market is expected to experience a stable CAGR during the forecast period due to the population's fast increase, urbanization, and industrialization. Freshwater resources are being strained by these factors, which is why businesses and governments are investing in sustainable water management techniques. Water recycling technology adoption is fueled by growing awareness of water shortage and its effects on the environment. The market is growing as a result of government policies and programs that encourage water conservation.
The aggressive plan by the government of India to address the problem of water scarcity is anticipated to boost water recycle and reuse market demand. For example, the Bawana water treatment plant in Delhi received approval from the Delhi government in May 2023 for a water recycling and reuse project. 2 million gallons can be recycled every day at the plant that is now under development.
In South Korea, the water recycle and reuse market is expanding as a result of growing urbanization and industrial sector water demands. The nation places a high priority on sustainable water management techniques due to its limited freshwater resources. Water recycling technologies are encouraged by government policies and programs to lessen the effects of water scarcity on the environment. Water treatment technological developments help the market grow, and growing public and industry awareness of water conservation encourages adoption.
The water recycle and reuse market has been significantly shaped by mergers and acquisitions. The major companies in this sector have been able to increase their offers and seize new business opportunities by diversifying their product lines and strengthening their market positions.
Here are some leading players in the water recycle and reuse market:
Author Credits: Dhruv Bhatia
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?