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The water recycle and reuse market share is expected to increase to USD 13.58 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 13.65%.
This water recycle and reuse market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers water recycle and reuse market segmentation by end-user (industrial, agricultural, and domestic and commercial), technology (conventional treatment and recycling technologies, membrane filtration technologies, and chemical treatment and disinfection technologies), and geography (APAC, North America, Europe, Middle East and Africa, and South America). The water recycle and reuse market report also offers information on several market vendors, including Alfa Laval Corporate AB, Aquatech International LLC, aquatherm GmbH, Aries Chemical Inc., DeLoach Industries Inc., Ecolab Inc., Element Solutions Inc., Evoqua Water Technologies LLC, Fluence Corp. Ltd., General Electric Co., Grundfos Holding AS, Komline Sanderson Corp., Lenntech BV, Nitto Denko Corp., PHOENIX Process Equipment Co., Praj Industries Ltd., Samco Technologies Inc., Siemens AG, Tata Sons Pvt. Ltd., Veolia Environment SA, and Water Rhapsody among others.
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The scarcity of water and rising environmental concerns is notably driving the water recycle and reuse market growth, although factors such as infrastructure requirements for water treatment may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the water recycle and reuse industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Water Recycle and Reuse Market Driver
One of the key factors driving the global water recycle and reuse market growth is the scarcity of water and rising environmental concerns as it accounts for less than 3% of the total water. Forty percent of the global population faces a water shortage, and regions such as the Middle East, North Africa, and Southeast Asia are expected to face severe water shortages in the next decade. Population growth, increasing per capita consumption of water, and urbanization will lead to rising water scarcity. Thus, many industries are investing in and modifying their water treatment plants to supply the treated water for reuse for industrial purposes. For instance, BMW Chennai is using recycled wastewater for water tests in vehicles to avoid water wastage. Moreover, reusing water in industries has the potential to reduce costs of water supply and wastewater treatment while reducing pressure on water resources. Such factors will drive the growth of the water recycle and reuse market during the forecast period.
Key Water Recycle and Reuse Market Trend
Innovation in water treatment technologies is one of the key water recycle and reuse market trends that is expected to impact the industry positively in the forecast period. Some of the technologies include:
Aquaporin inside technology is based on biomimetic water treatment membrane design by the Danish company Aquaporin. It uses cell membranes for water treatment. The cell membranes use reverse osmosis (RO) technology to filter out salts and larger solution components and provide clean water. Reverse osmosis technologies is used by many industries by implementing biomimetic membrane design on a large scale to reduce electric energy costs, which will further support the market growth.
Key Water Recycle and Reuse Market Challenge
One of the key challenges to the global water recycling and reuse market growth is the infrastructure requirements for water treatment. The treatment of municipal water consists of various stages, such as flocculation, coagulation, and others. In addition, the design and technologies required for the reclamation and reuse of water depend on the characteristics of the water, objectives, operational and maintenance requirements, and flexibility of operations., which increases the infrastructural complexities. Furthermore, in wastewater treatment, the major proportion of energy is used in biological treatment, generally in the range of half of the plant used. Unproductive wastewater treatment operations result in unnecessary energy consumption, harmful GHG emissions, and high operating costs related to electricity generation. Water treatment requires huge capital investments, as it includes civil construction, equipment installations, backup options, and contractor-associated costs. Such factors may hamper the growth of the market in focus during the forecast period.
This water recycle and reuse market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global water recycle and reuse market as a part of the global water utility market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the water recycle and reuse market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the water recycle and reuse market encompasses successful business strategies deployed by the key vendors. The water recycle and reuse market is fragmented and the vendors are deploying growth strategies such as investment in R&D to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The water recycle and reuse market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the water recycle and reuse market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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36% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for water recycle and reuse in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The accelerating water infrastructure development in Australia, South Korea, Taiwan, Singapore, and Japan, owing to the rapid application of water recycling in industries such as oil and gas, construction, and heavy metal industries, will facilitate the water recycle and reuse market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 in 2020 affected many countries in the region, such as China, India, South Korea, and Japan. The outbreak is expected to affect the overall economy of the region, the supply chain, and the industrial and commercial sectors. However, from H1 2021, the regional market started to recover owing to rapid vaccination drives and the resumption of restaurants, hotels, spas, and industrial sectors. Growing urbanization in countries like China and India and government investments in water recycle and reuse equipment and services is expected to drive the growth of the market in focus in this region during the forecast period.
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The water recycle and reuse market share growth by the industrial segment will be significant during the forecast period. According to the International Energy Agency (IEA), the amount of fresh water consumed during energy production across the world is expected to double over the next 25 years. Thus, the wide application of wastewater reuse and recycling in the energy and power sector will drive the segment growth in the coming years. Some of them are:
This report provides an accurate prediction of the contribution of all the segments to the growth of the water recycle and reuse market size and actionable market insights on post COVID-19 impact on each segment.
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Water Recycle and Reuse Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 13.65% |
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Market growth 2022-2026 |
$ 13.58 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
12.52 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 36% |
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Key consumer countries |
US, China, India, Spain, and Germany |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Alfa Laval Corporate AB, Aquatech International LLC, aquatherm GmbH, Aries Chemical Inc., DeLoach Industries Inc., Ecolab Inc., Element Solutions Inc., Evoqua Water Technologies LLC, Fluence Corp. Ltd., General Electric Co., Grundfos Holding AS, Komline Sanderson Corp., Lenntech BV, Nitto Denko Corp., PHOENIX Process Equipment Co., Praj Industries Ltd., Samco Technologies Inc., Siemens AG, Tata Sons Pvt. Ltd., Veolia Environment SA, and Water Rhapsody |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Market Segmentation by Technology
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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