The increasing adoption of recycling water filtration is driven by growing due to increasing water scarcity and environmental concerns, prompting industries and communities to seek sustainable solutions for water management and conservation. Additionally, advancements in technology are making recycling water filtration systems more efficient and cost-effective, driving further adoption.
According to a research report, market size for Recycling water filtration is projected to reach USD 3.8 billion by 2028 from an estimated USD 2.7 billion in 2023, at a CAGR of 7.5% during the forecast period.
Key Market Players
Some of the major players in the recycling water filtration market are Veolia (France), TORAY INDUSTRIES, INC. (Japan), Xylem (US), DuPont (US), and KUBOTA Corporation (Japan).
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Membrane filter, by product type
Membrane filters are in high demand due to their superior filtration efficiency, capable of removing a diverse range of contaminants such as particles, microorganisms, and dissolved solids, ensuring the delivery of high-quality recycled water. Additionally, their compact design, efficient operation, and reduced chemical usage make them appealing for industrial and municipal water recycling projects. Moreover, the increasing emphasis on sustainable water management practices and stringent water quality regulations are driving the adoption of membrane filters as a reliable solution to address water scarcity challenges.
The ultrafiltration segment by membrane type
The ultrafiltration segment is expected to grow as the second fastest in the recycling water filtration market due to its ability to effectively remove suspended solids, bacteria, viruses, and other contaminants from water, providing high-quality recycled water output. Ultrafiltration membranes offer a robust solution for various applications, including industrial and municipal water recycling projects, due to their versatility, reliability, and cost-effectiveness.
Key Stakeholders
- Recycling Water Filtration Manufacturers and Providers
- Industrial Gas Supplying Companies
- Manufacturing Industries
- R&D Laboratories
- Consulting Companies from the Energy & Power Sector
- Distributors of Recycling Water Filtration
- Government and Research Organizations
- State and National Regulatory Authorities
Asia Pacific is expected to be the largest region in the recycling water filtration market.
The Asia Pacific region has been subdivided into five key countries: China, India, Japan, South Korea, and the Rest of Asia Pacific. Rest of Asia Pacific includes Vietnam, Taiwan, Singapore, Bangladesh, Pakistan, and the Philippines. The recycling water filtration market is flourishing in the Asia Pacific due to the pressing need for sustainable water management. Rapid urbanization, population growth, and increasing awareness of water scarcity have compelled countries to invest significantly in advanced water treatment technologies. Government initiatives, such as China’s commitment to ecological transition and India’s focus on improving wastewater infrastructure, play a pivotal role in driving market growth.
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Recent Developments
- In November 2023, in collaboration with REEL, EDF chose Veolia’s technological solution to create, produce, and deploy mobile units for treating contaminated water in the event of a nuclear incident. This solution aims to significantly minimize environmental impact by processing the primary circuit water stored in the reactor building tanks on-site in case of a pipe rupture.
- In April 2023, TORAY INDUSTRIES, INC. received an order for reverse osmosis (RO) membranes for Hong Kong’s Tseung Kwan O Desalination Plant. This marks Hong Kong’s first large desalination plant using RO membranes, with a daily capacity of 135,000 cubic meters, meeting 5% of the city’s water demand. Operational by late 2023, plans are in place to increase daily capacity to 270,000 cubic meters.
- In May 2023, Xylem announced the completion of acquiring Evoqua Water Technologies Corp. for USD 7.5 billion. The combination creates the world’s most advanced platform of capabilities to address customers’ and communities’ critical water challenges.
