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Shift towards advanced technologies, resource recovery, and public-private partnerships are shaping the current market trends. Companies are investing in technologies including membrane filtration and reverse osmosis, while exploring ways to extract valuable materials from wastewater Collaborations between governments and private organizations are, which in turn is leading to a more effective solutions to address challenges.
For instance, in July 2023, Singapore's national water agency, PUB, and Sembcorp Industries partnered and announced development of large-scale industrial wastewater treatment and recovery facility. This collaboration demonstrates growing trend of public-private partnerships in region as well as focus on resource recovery and sustainable water management solutions across the region.