In Depth Study of Wastewater Recovery Systems Market-2024 - Global Players Pall Corporation, Evoqua Water Technologies, Calgon Carbon Corporation, Pall Corporation, SUEZ, Veolia
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The U.S. wastewater recovery systems market is anticipated to expand over 7 % by 2024. Increasing stringency of wastewater regulations along with rigorous implementation of effluent discharge standards will propel the industry growth. For instance, the EPA Clean Water Act prohibits the discharge of a pollutant into the U.S. waters without a National Pollutant Discharge Elimination System (NPDES) permit.
Shifting global trends toward circular economy and sustainable development will play a pivotal role in the expansion of the wastewater recovery systems market. Ability to recover usable water, energy, and material from wastewater can allow businesses to enhance their competitive capacity and environmental performance. The gradual implementation of the EU Circular Economy Strategy will further support the industry outlook.
Global Wastewater Recovery Systems Market set to beat USD 50 Billion by 2024. Growing initiatives toward minimizing the ecological impact of waste coupled with the introduction of stringent waste generation and discharge standards will augment the wastewater recovery systems market. Growing measures to counter the declining water resources will complement the industry landscape.
Sizeable investments across food processing plants along with growing consumer inclination toward processed food will stimulate the deployment of these systems across food & beverages industry. Tightening operational regulations and rising compliance costs will further favor the industry growth.
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Rising health and environmental concerns over inadequately treated waste will stimulate the wastewater recovery systems market. Increasing public awareness supported by the simultaneous manifestation of stringent legislative standards for improved health & environmental protection further complement the business landscape.
Key industry players of Wastewater Recovery Systems Market include
• Pall Corporation
• Evoqua Water Technologies
• Calgon Carbon Corporation
• Koch Membrane Systems
• Kontek Process Water Management
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