The alarming shortage of water and other water-related issues occurring due to global warming and climatic changes are creating major challenges for industries and businesses that require continuous supply of water for its numerous operations. The water scarcity issue is especially intimidating for water-intensive industries such as chemicals, food and beverages, metal and mining, pharmaceuticals, and oil and gas and for their performance in drought-prone parts across the globe. Thereby, firms operating in industries that are paying increased attention on implementing water recycling, recovery and reuse strategies to lessen the gravity of risks associated with results of unstable water supply and sudden water-scarcity on their productivity and day to day operations.
Factors such as growth urban population and surge in expansion of urban area are leading to a greater demand for sufficient wastewater treatment and recovery. This is aggravated by the rising pressure on potable water resources from use in industry and agriculture. Also, stringent regulations are being instilled for purity of water in developed nations thereby driving more investment into this sector which had suffered owing to chronic underinvestment in past years.
Moreover, increasing implementation of water reuse and wastewater recovery mechanisms has resulted in a steady transformation of global movement over the past years. Numerous companies are applying strict measures to recycle, reuse, and reduce the amount of water used for varied processes. The companies are able to adopt this trend owing to the availability of effective methods of water recovery and recycling in the market. Moreover, ongoing research in this field is leading to the development of effective mechanisms and schemes for recycling wastewater.
The global wastewater recovery market is driven by corporate water recovery and usage reduction targets to conform to the regulations by regional governments leading to encouraging recovery and reuse of water in the industrial sector. In some parts across the globe, the expenses required to discharge wastewater or purchase water sources on the basis of pollutants load and volume in wastewater, play an integral role in adopting wastewater recovery measures.
The major end users of wastewater recovery systems are industries such as chemicals, pharmaceuticals, metal and mining, oil and gas, and food and beverages. Few of the major techniques used in the wastewater recovery include membrane filtration, activated carbon, reverse osmosis, and media filtration. The highly preferred wastewater recovery technologies in the global market are membrane-based filtration technologies and reverse osmosis. Technological innovations and advancements are leading to the development of effective techniques thereby supporting over 90% water recovery and decreasing the volumes of wastewater.
The global wastewater recovery market is segmented on the basis of geography into North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa (MEA). The regulatory environment of a region plays an important role in the development of wastewater treatment market. Therefore, this report focuses on the regulatory environment existent in all the regional markets and analyzes its impact on the market’s growth over the analysis period. The local water regulatory authorities are increasingly adopting international regulations. For instance, China adopted the US Environmental Protection Agency’s (EPA) practices. Thus, the international regulations are going to come in place of local and national regulations, thereby boosting growth in the wastewater treatment and recovery technologies market. This will also lead to the introduction of new and improved products in the industry. Some of the major players in this market include Calgon Carbon Corporation, GE Water & Process Technologies, Koch Membrane Systems, Inc. and Siemens Water Technologies Corp. The firms operating in industries are paying increased attention on implementing water recycling, recovery and reuse strategies to lessen the gravity of the risks associated with results of unstable water supply and sudden water-scarcity on their productivity and day to day operations.
Market by End users
· Metal and mining
· Oil and gas
· Food and beverages
Market by Technology
· Membrane filtration
· Activated carbon
· Reverse osmosis
· Media filtration
Market by Geography
· North America
o Rest of Europe
o Rest of Asia-Pacific
· Latin America
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
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