Business Description
Global Wastewater Recovery Systems Market was valued US$ 25.0 Bn in 2017 and is estimated to reach US$ 50.0 Bn by 2026 at a CAGR of 8.01%.Global Wastewater Recovery Systems MarketWastewater Recovery Systems Market is majorly segmented by the technology, application, and region wise. Based on the technology segment, membrane filtration is expected to dominate the global wastewater recovery systems market in 2017. Declining membrane costs along with their increasing operational efficiency will enable the technology expansion across diverse water treatment solutions. Continuous technological advancements coupled with increasing stringency of water quality criteria will further stimulate the technology adoption. Under application segment, food & beverages wastewater recovery systems held the highest market share. Growing consumer affinity toward processed food along with increasing water usage will augment the overall industry growth. Escalating measures to meet up with the high-water input needs while minimizing production costs across these industries will positively impact the Wastewater Recovery Systems Market. Wastewater Recovery Systems Market will witness an appreciable growth because of burgeoning water demand and inadequate water resources. Population growth, urbanization, changing consumption patterns, climate change, and industrialization have led to a global water scarcity. According to the UNESCO, over two-thirds of the global population currently lives in the areas experiencing water shortages for at least one month a year that shows the higher demand for wastewater recovery systems. Stringent regulatory regime enforcing the adequate discharge of waste will stimulate the market size. For instance, the U.S. EPA has issued effluent guidelines as the national regulatory standards for discharged waste to surface waters and municipal sewage treatment plants. The prevalent wastewater regulations along with strengthening global agendas on water resource management will continue to intensify the industry growth. Shifting trends toward green industry to utilize waste as an economical & environmental resource will propel the global market growth of wastewater recovery systems. The deployment of these systems through industrial symbiosis primarily across the eco-industrial parks is gaining significant prominence. Expanding industrialization coupled with mounting compliance costs will further complement the business growth of wastewater recovery systems. North America held the highest market share in 2017 and is expected to account for a high growth rate in the forecast period as well. Stringent effluent standards & water discharge criteria across diverse industries will propel the industry growth. For instance, the Federal Clean Water Act requires companies to obtain special permits for the release of treated wastewater into the water streams. Aging wastewater treatment infrastructures along with the declining existing water resources will further complement the business scenario. Key player across the Wastewater Recovery Systems Market industry are Veolia, SUEZ Environnement, Kontek Process Water Management, and Evoqua Water Technologies. Cost competitiveness, regulatory conformance, distribution network and product differentiation are some of the crucial strategic assets to secure a competitive position across the industry.
The Scope of Report Wastewater Recovery Systems Market:
Global Wastewater Recovery Systems Market, by Technology:
• Activated carbon • Ultra-filtration & Reverse Osmosis • Membrane Filtration • Ion Exchange Resin Systems • Media Filtration
Global Wastewater Recovery Systems Market, by Application:
• Pharmaceuticals • Oil & Gas • Metal Mining • Chemicals • Food & Beverages
Global Wastewater Recovery Systems Market, by Geography:
• North America • Europe • Asia-Pacific • Middle East & Africa • Latin America
Key Players, Global Wastewater Recovery Systems Market:
• Veolia • SUEZ Environnement • Kontek Process Water Management • Evoqua Water Technologies • Mech-Chem • ClearBlu Environmental • Vinnolit • CLEARAS Water
Recovery • Dynatec Systems
. About Company Info –
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors
