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Wastewater Recovery Systems Market Size

Report ID: GMI1474
Published Date: Jun 2024
Report Format: PDF

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Wastewater Recovery Systems Market Size

Wastewater Recovery Systems Market size was valued at USD 40.7 billion in 2023 and will grow at rate of 9.6% from 2024 to 2032. Shifting trends toward water reuse and resource recovery, along with the added benefits of public health protection and reduced environmental pollution, will be crucial for industry expansion. The implementation of stringent effluent standards and water discharge criteria across various industries is significantly driving this growth.

Wastewater Recovery Systems Market

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Rapid technological advancements and innovations have sparked a transformative shift towards wastewater recovery within the circular economy framework. These systems are increasingly utilized to treat wastewater and sludge as raw materials, extracting valuable products for commercial use by end-users. Additionally, rising emphasis on innovative wastewater management strategies that integrate interdisciplinary solutions is further driving significant research and development efforts in the field.

Wastewater Recovery Systems Market Report Attributes
Report Attribute	Details
Base Year:	2023
Wastewater Recovery Systems Market Size in 2023:	USD 40.7 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	9.6%
2032 Value Projection:	USD 92.7 Billion
Historical Data for:	2021 – 2023
No. of Pages:	80
Tables, Charts & Figures:	12
Segments covered:	Technology, Application, & Region
Growth Drivers:	Stringent regulatory framework towards wastewater Increasing shift towards sustainable industry practices Growing environmental and health concerns over wastewater
Pitfalls & Challenges:	Significant capital investment coupled with challenges in finance and technical expertise

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Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

Wastewater recovery systems market size was worth USD 40.7 billion in 2023 and will grow at a 9.6% CAGR between 2024 and 2032, propelled by advancements in membrane filtration, reverse osmosis, and distillation, rising awareness among industries about the economic benefits and environmental sustainability of wastewater recovery systems.

The pharmaceutical industry segment will achieve 9% CAGR through 2032 due to stringent regulations on wastewater discharge and the industry's high water consumption.

North America wastewater recovery systems industry will record USD 31.5 billion from 2024 to 2032, attributed to the region's industrial sectors, stringent environmental regulations, and a strong focus on sustainable practices.

Some of the leading wastewater recovery systems industry players include Calgon Carbon Corporation, CECO Environmental, CLEARAS Water Recovery, DYNATEC SYSTEMS, INC., ENCON Evaporators, Evoqua Water Technologies LLC, Koch Separation Solutions, KONTEK ECOLOGY SYSTEMS INC., Mech-Chem Associates, Inc., Pall Corporation, and Veolia, among others.