Wastewater Recovery System Market by Modern Industry Status & Growth Opportunities, Size, Top Key Players and Forecast to 2024

Global Market Insights has introduced a report on Wastewater Recovery System Market Analysis that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

The size of Wastewater Recovery System Market was registered at USD 20 billion in the year 2016 and is anticipated to cross USD 50 billion by 2024. Between the period 2017 -2024, the Wastewater Recovery System Market is expected to register a CAGR of 8%.MGX Minerals Inc., for instance, has recently detailed its progression report regarding its first deployment of lithium recovery and wastewater treatment system in Alberta, Canada. The company plans to execute the move with PurLucid Treatment Solutions Inc., in which the former owns a 51% stake.

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Sources reveal that the second scheduled deployment will be a joint consortium between the government, MGX and PurLucid Treatment Solutions Inc. and will include installation of three treatment systems – evaporator blowdown wastewater (EBD) system, high temperature system, and a larger-scale version of EBD. Industry analysts deem that the move will significantly help in treating regional water for suitable reuse, while saving majority of water loss in industrial projects.

Stringent governmental norms and comprehensive legislative framework across the region to curb carbon emission and waste handling have encouraged wide scale adoption of wastewater recovery systems. Say for example, the EPA Clean Water Act that prohibits the discharge of pollutants & polluted water into the regional waterbodies without the NPDES (National Pollutant Discharge Elimination System) permit. Several other regulatory bodies have been taking measures toward waste handling and have also issued Effluent Guidelines for the licensing & approval of wastewater discharge. This in consequence, has impelled sizable wastewater treatment infrastructures installation in the region, in turn stimulating U.S. wastewater recovery systems industry size, projected to register a CAGR of 7% over 2017-2024.
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The regional industry is further expected to gain momentum with increasing funding toward wastewater treatment facilities. Reports moreover reveal that the region is also witnessing participation of renowned organizations including the like of the Water Environment Research Foundation that is intending to bring wastewater treatment technologies to commercial fruition. As per reliable reports, as of 2008, US approximately held 19,739 wastewater pipe systems and 14,780 wastewater treatment facilities – a factor further validating the strong stance of the U.S. wastewater recovery systems industry in the global landscape.

Given the expanse of this business sphere spanning numerous geographies, analysts deem the global wastewater recovery systems market to tread along a lucrative growth path in the ensuing years. The process further playing a central role in the renewable energy future that can derive clean water, valuable chemicals from sewage, it no longer remains a supposition that the global market will establish itself as one of the most remunerative fraternities in the coming years. The worldwide wastewater recovery systems market share is forecast to surpass USD 50 billion by 2024.

Partial Table of Contents (ToC) of the report:

Chapter 4    Wastewater Recovery Systems Market, By Technology

4.1  Wastewater recovery systems market share by technology, 2016 & 2024

4.2  Activated Carbon

4.2.1 Global market from activated carbon, 2013 – 2024

4.2.2 Global market from activated carbon, by region, 2013 – 2024

4.3  Ultra-filtration & Reverse Osmosis

4.3.1 Global market from ultra-filtration & reverse osmosis, 2013 – 2024

4.3.2 Global market from ultra-filtration & reverse osmosis, by region, 2013 – 2024

4.4  Membrane Filtration

4.4.1 Global market from membrane filtration, 2013 – 2024

4.4.2 Global market from membrane filtration, by region, 2013 – 2024

4.5  Ion Exchange Resin Systems

4.5.1 Global market from ion exchange resin systems, 2013 – 2024

4.5.2 Global market from ion exchange resin systems, by region, 2013 – 2024

4.6  Media Filtration

4.6.1 Global market from media filtration, 2013 – 2024

4.6.2 Global market from media filtration, by region, 2013 – 2024

4.7  Others

4.7.1 Global market from others, 2013 – 2024

4.7.2 Global market from others, by region, 2013 – 2024

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Media filtration wastewater recovery systems market share is predicted to witness a growth owing to increasing investment towards R&D sector to improve system efficiency. Technological advancement in design of multimedia filtration that allow high-quality water treatment at faster rate than conventional media filtration processes will further boost the product penetration.

Pharmaceuticals wastewater recovery systems market is predicted to grow over 7% by 2024 owing to introduction of environmental regulations, operational risks and increasing cost pressure across the industries.

Eminent participants across the industry are: Evoqua Water Technologies, Mech-Chem, Dynatec Systems, CLEARAS Water Recovery, SUEZ Environnement, Kontek, Vinnolit, Veolia and ClearBlu Environmental.

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