Rising need for planned reuse of water due to declining groundwater levels is likely to bode well for the global water recycle and reuse market, states Transparency Market Research (TMR) in a new report. The report is titled, “Water Recycle and Reuse Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2015 – 2023.”
The report presents an in-depth analysis of the projected and historical growth of the global water recycle and reuse market along with the analysis of the opportunities present for manufacturers of water recycle and reuse systems in future. It also provides an outline of the factors that are expected to drive or restrain the growth of the market in the forecast period. The study further provides a detailed description of the revenue and volume growth estimated for the global water recycle and reuse market. According to the study, the growth of the global water recycle and reuse can be accredited to the growing scarcity of water across the world.
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The study discusses the use of treated water for purposes such as landscape irrigation, industrial processes, and toilet flushing among others. The use of waste water is high in landscape irrigation as waste water being recycled for irrigation required less treatment than recycle of water for drinking purposes. The report has further evaluated that the maximum number of water recycling and reusing projects are implemented to fulfill the demand for water which non-potable. However, many leading water recycling projects also use treated water for potable purposes.
Water recycling and reusing includes the recharging of ground water aquifers and further boosting the water reservoirs present on the surface with treated and recycled water. This further leads to the enhancement of water supplies. For instance, a water treatment project in the U.S. infuses treated water into aquifers to prevent entry of salt water, hence boosting the potable ground water supply.
The application of recycled and reused water ranges from concrete mixing, paper mills, artificial lake, dust control, to cooling oil power plants and refineries, and providing water in public parks. Furthermore, water recycling also reduces the risk of water pollution thus reducing waste water discharges. However, issues with the management of waste water residue are likely to pose a threat to the growth of the global water recycle and reuse market.
Geographically, the global water recycle and reuse market is classified into Latin America, Middle East and Africa, Europe, Asia Pacific, and North America. The key players in the market are Hyflux, Sourcewater Inc., Phoenix, Melbourne Water, Rivergreen Water Recycling LLC, and Hitachi Ltd. among others.
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