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Wastewater recovery systems market valuation to surpass the 50-billion-dollar frontier by 2024 Notable industry participants include Veolia, SUEZ Environnement, Kontek Process Water Management, Evoqua Water Technologies

03-29-2019 08:10 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Wastewater recovery systems market valuation to surpass

The rising scarcity of water & the growing risks associated with climate change have led to global wastewater recovery systems market charting out a highly profitable growth path in the last few years. Most companies that depend on consistent water supply are now exploring and implementing water recovery systems that can effectively mitigate the risks of unstable water resources. Most certainly, the growth of wastewater recovery systems market has also received considerable boost from the increased interest depicted by the global community and the legislative bodies.

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An instance validating the authenticity of the aforementioned is that of the EPA of the United States issuing the Effluent Guidelines for the approval and licensing of wastewater discharge through industrial and commercial operations. Numerous other regulatory bodies also, have seemingly undertaken a plethora of efforts to ensure wastewater treatment. Of late, wastewater recovery systems have gained renewed traction through recycling wastewater that has proven to be a good measure to ease the pressure on water resources and environmental conservation.

According to industry analysts, the global demand for water will increase by 40% by 2030. But without efficient conservation of natural resources and effective wastewater recovery, it is predictable that companies in drought-prone areas and other water intensive industries will face major challenges in maintaining their facility operations and manufacturing lines. With major technological advancements and cost-effective solutions with regards to wastewater recovery systems however, the electronics, food and beverage, pharmaceutical, chemical, metal and mining sectors have now begun to adopt these devices on a humongous scale. This in consequence, would major drive wastewater recovery systems market trends.

Natural filtration and treatment processes have been on a rage lately and have inherently contributed toward driving wastewater recovery systems market. Say for instance, membrane filtration, media filtration, and ultra- filtration and reverse osmosis, that are classified among some of the best technologies used in wastewater recovery systems. In fact, the declining cost of membranes combined with increasing operational efficiency has spurred membrane filtration-based wastewater recovery systems industry size, projected to register a CAGR of 9% over 2017-2024.

Among the myriad water intensive industries adopting wastewater recovery systems, the F&B, pharma, and mining industries deserve a special mention. The food and beverage sector, in particular, stands out as one of the largest consumers of water and consequently, one of the largest producers of wastewater or brine. Previously, waste water from food processing factories were discharged in evaporation ponds.

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Report Content
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Wastewater Recovery Systems Industry Insights
Chapter 4 Wastewater Recovery Systems Market, By Technology
Chapter 5 Wastewater Recovery Systems Market, By Application
Chapter 6 Wastewater Recovery Systems Market, By Region
Chapter 7 Company Profiles

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.

Browse key industry insights spread across 223 pages with 214 market data tables & 26 figures & charts from the report @ https://www.gminsights.com/industry-analysis/wastewater-recovery-system-market

Saudi Arabia wastewater recovery systems market is set to grow on account of rising investments toward green industrial infrastructure in the country. Expanding eco-industrialization aimed at water reuse, lower power consumption, material recovery, and reduced environmental & health impacts will favor the industry outlook. For instance, the Saudi Arabia Al Kharj industrial eco-park project is proactively demonstrating the efficacy of wastewater recovery solutions.

Significant technology advancements along with expanding application spectrum will fuel the media filtration wastewater recovery systems market growth. Recent innovations including the development of multimedia filtration which allow high-quality water treatment at a significantly faster flow rate than the conventional media filtration processes will boost the technology penetration.

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

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