Global Water Recycle and Reuse Market 2015-2019
About Water Recycle and Reuse
Water recycling is a process of reusing treated wastewater for useful purposes such as industrial processes, agricultural and landscape irrigation, domestic and commercial usage, and ground water recharge. Wastewater can be tailored to meet the requirements of specific planned application through the process of recycling. The production of recycled water is also referred to as water reclamation. Water recycling not only conserves the existing water resources but also reduces the need for new water supplies. It offers financial and resource savings.
Some of the beneficial usage of water recycling and reuse are as follows:
Technavio Announces the Publication of its Research Report – Global Water Recycle and Reuse Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Water Recycle and Reuse Market: AWWA, GE Water and Process Technologies, NALCO, Siemens Water Technologies, Veolia Environnement SA, and Water Rhapsody.
Other Prominent Vendors in the market are: AquaDesigns, CatalySystems, Dow Water and Process Solutions, Lenntech, Phoenix Water Recycling, ProChem, and WaterFX.
Commenting on the report, an analyst from Technavio’s team said: “The recent increase in industrialization is a key trend observed in this market. Rapid industrialization has changed the social and economic structure of a society with the transformation from an agrarian-based society to an industrial society. The modernization of a social and economic lifestyle has led to large-scale industrial production.”
According to the report, growing water scarcity across the globe is a driver that is expected to bolster market growth. Growing population, increasing per capita consumption of water, and urbanization are the main reasons for the growing water scarcity worldwide. Also, the change in climatic condition is expected to influence the water supply as it will alter the regional distribution of freshwater supplies.
Further, the report states that wastewater recycling residue management issues pose a challenge to the market. The residues created by water recycling should be disposed of or managed properly. It is very important to manage recycled water residues as they can be hazardous to the environment, increasing the chances of water pollution.
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