Leading Companies in Recycling Water Filtration Industry - Veolia (France), TORAY INDUSTRIES, INC (Japan) and Xylem (US)
The Recycling water Filtration Market 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. There is a pressing need for sustainable water management, and it's being addressed through several means. Stringent regulations are driving advancements in water treatment technologies, and there's a growing focus on adopting sustainable practices like wastewater reuse, which emphasizes both environmental responsibility and resource conservation.
The Recycling Water Filtration Market is served by a mix of large international players with a global operational presence and local players with a strong domestic supply network.
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Veolia (France), TORAY INDUSTRIES, INC (Japan), Xylem (US), DuPont (US), and KUBOTA Corporation (Japan) are the market leaders in the Recycling Water Filtration market. These companies use strategies such as acquisitions, sales contracts, product launches, and partnerships to increase their market share.
Veolia (France) Veolia is one of the leaders in optimized resource management that provides a comprehensive range of solutions across various sectors to address the challenges of resource management and sustainable development. Its product range encompasses water, waste, and energy management services, offering innovative and integrated solutions for municipalities, industries, and businesses worldwide.
The company operates its business into three segments: Water, Waste, and Energy. The company offers recycled water filtration products through the water segment, and it has a presence in all the major regions, such as Europe, the Middle East & Africa, North America, South America, and Asia Pacific. In 2022, 3,506 wastewater treatment plants were managed by Veolia, and 97 million people were connected to wastewater systems.
TORAY INDUSTRIES, INC (JAPAN) is a global innovation leader providing various products across various industries. It excels in manufacturing advanced materials, textiles, and chemicals. It offers cutting-edge membrane technologies for water treatment and purification in water and environmental solutions, including reverse osmosis membranes. Additionally, the player extends its expertise to automotive, electronics, healthcare, and more sectors, delivering high-performance materials, carbon Fibers, films, and other advanced products.
The company operates through five business segments: Fibers & Textiles, Performance Chemicals, Carbon Fiber Composite Materials, Environment & Engineering, and Life Sciences. It offers recycling water filtration products through the environment & engineering business segment. TORAY INDUSTRIES, INC. has focused on expansions, product launches, and sales contracts. For instance, in April 2023, Toray Industries, Inc. received an order for reverse osmosis (RO) membranes for Hong Kong's Tseung Kwan O Desalination Plant.
Xylem (US) is a global water technology company providing diverse products and solutions to address water-related challenges. Its product portfolio encompasses innovative water and wastewater transport, treatment, and analytics technologies. Xylem offers a comprehensive suite of pumps, valves, controllers, and monitoring systems designed for efficient water management in industries, municipalities, and commercial applications. Its solutions span various sectors, including water utilities, industrial processes, agriculture, and construction.
The company operates through three business segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. It offers recycling water filtration products through its water infrastructure segment. The company has approximately 370 locations in more than 50 countries across the world. Xylem entered several acquisitions and made multiple investments to grow its business. For instance, Xylem Inc. acquired Evoqua Water Technologies Corp. (US) in 2023 for USD 7.5 billion.
Related Reports:
Recycling Water Filtration Market by Product Type (Sand, Multimedia, Activated Carbon, Membrane Filters), Membrane Type (Reverse Osmosis, Ultrafiltration, Microfiltration, Nanofiltration), Maximum Flow Rate, End User and Region - Global Forecast to 2028
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