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Wastewater Recovery Systems Market Trends

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

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Wastewater Recovery Systems Market Trends

High product demand across industrial & municipal applications along with increasing cost reductions towards water recovery systems and resource efficiency is spurring the market growth across the globe. Industries such as pharmaceuticals, food and beverage, and textiles are particularly focused on implementing these systems to comply with regulations and improve sustainability.

In addition, businesses are recognizing the cost-saving potential of the product as the assists in recycling water and recovering resources such as biogas, nutrients, and metals, companies can reduce operational costs and improve resource efficiency. Furthermore, rapid urbanization and population growth are emphasizing on existing water resources and wastewater infrastructure, leading to a greater need for innovative recovery solutions to manage the increased wastewater volumes efficiently, thereby adding to the overall market growth.

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.