Market Research Report
Global Wastewater Recovery Systems Market Size By Technology, By Application Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2017 - 2024
|Published by||Global Market Insights Inc.||Product code||622750|
|Published||Content info||223 Pages
Delivery time: 2-3 business days
|Global Wastewater Recovery Systems Market Size By Technology, By Application Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2017 - 2024|
|Published: March 20, 2018||Content info: 223 Pages||
Wastewater Recovery Systems market is predicted to surpass USD 50 billion by 2024. Introduction of strict government regulations and standards toward discharge and waste generation will drive the industry growth. The U.S. EPA has introduced Effluent Guidelines for discharged waste to municipal sewage treatment plants and surface waters. Favorable government measures to counter the declining water resources will further complement the business growth.
The U.S. wastewater recovery systems market is predicted to witness growth over 7% owing to implementation of several standards pertaining to effluent discharge along with introduction of stringent wastewater regulations. In the U.S., EPA introduced Clean Water Act that prohibits the discharge of waste into waters without the permission of National Pollutant Discharge Elimination System.
Shift in trends toward sustainable development and circular economy will positively impact the wastewater recovery systems market. Ability to recuperate energy, material and usable water from wastewater will allow the industry to improve their environmental performance and competitive capacity.
Growing focus toward green industrial ecology along with rigorous implementation of wastewater and environmental regulations will stimulate the Europe wastewater recovery systems market share. EU introduced 2000/60/EC directives that frameworks the 3R's' approach of reuse, reduce and recycle with polluter pays and precautionary principles.
Wastewater recovery systems market share from food & beverages segment is anticipated to witness growth owing to positive outlook toward processed food coupled with growing investment across food processing industries. Increasing compliance costs and stringent operational regulations will further augment the industry.
Growing public awareness toward environmental and health protection backed by the simultaneous manifestation of stringent legislative standards will propel the wastewater recovery systems market. Increasing environmental and health concerns over inadequately treated discharge waste will further complement the business outlook.
Increasing investment towards green building infrastructure across the nation will drive the Saudi Arabia wastewater recovery systems market. Positive outlook toward expansion of eco-industrialization aimed at material recovery, water reuse, reduced health & environmental impacts and lower power consumption will positively impact the industry outlook.
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.