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Water Recycle and Reuse Market Trends

Report ID: GMI5986
Published Date: Jun 2024
Report Format: PDF

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Water Recycle and Reuse Market Trends

A prominent trend in the water recycle and reuse industry is the increasing focus on decentralized water recycling systems. These systems offer several benefits by allowing water to flow at or near the point of use. This regional approach provides greater control of water quality and availability, offers customized solutions for specific applications, and reduces reliance on centralized systems. Decentralized systems are generally more cost-effective than large medical centers.

They can eliminate the need for large infrastructure investments such as long pipelines or telecommunications. Decentralized systems can offer cost advantages in terms of lower operating and maintenance costs as they serve smaller areas and require lesser water. They can be integrated with renewable energy sources, such as solar or wind power, to reduce their carbon footprint. By utilizing renewable energy for water treatment processes, decentralized systems contribute to sustainable & eco-friendly practices.

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of water recycle and reuse reached USD 16.5 billion in 2023 and is set to witness 10% CAGR from 2024 to 2032, due to the increasing water scarcity and limited availability of freshwater sources.

The primary technology segment accounted for more than 55% of the market share in 2023, as primary technology is considered an ideal option to produce high-quality recycled water.

The municipal end-use segment in the water recycle and reuse industry is estimated to record more than USD 12 billion by 2032, on account of the increasing water scarcity, stringent environmental regulations, urbanization, and the need for sustainable water management solutions.

North America market held over 45% market share in 2023, attributed to the expansion of industrial sector in the region.