Water Recycle and Reuse Market Size

Water Recycle and Reuse Market Size

Water Recycle and Reuse Market size was valued at USD 16.5 billion in 2023 and is anticipated to grow at a CAGR of over 10% between 2024 and 2032. The growing water scarcity is a significant factor creating the need for water recycle and reuse. As the availability of freshwater sources become limited and stressed, it becomes crucial to find alternative water sources to reduce the reliance on freshwater. Treating and repurposing water through recycle and reuse offer a sustainable solution.

Governments are introducing policies and regulations, driving the water recycling and reuse industry. Many regions and countries have implemented strict regulations to promote water conservation and encourage the use of recycled water. These regulations may include water reuse targets, discharge limits, and incentives & subsidies to promote the use of recycled water.
 

Water recycle and reuse involves treating and reusing wastewater and recycled water for various purposes. It encompasses technologies, systems, and services that enable the treatment of wastewater to produce high-quality water suitable for non-potable applications.
 

The lack of infrastructure development can hinder market growth. Recycling and reusing water requires investments in the construction of treatment plants and water supply & distribution systems. A lack of adequate resources can be a limitation, especially in developing regions or regions with limited resources.