Economy
Water Recycle and Reuse Market worth $27.0 billion by 2028 Globally, at a CAGR of 10.8%, says MarketsandMarkets™
Chicago, June 23, 2023 (GLOBE NEWSWIRE) — The Water Recycle and Reuse Market is projected to reach USD 27.0 billion by 2028, at a CAGR of 10.8% from USD 16.1 billion in 2023, as per the recent study by MarketsandMarkets™. The increasing demand from the industrial sector for industrial processes such as cooling, cleaning, and manufacturing will contribute to the rapid growth in the demand for water recycle and reuse market.Based on equipments, the water recycle and reuse market has been segmented into Filtration (reverse osmosis, UF, NF), machinery (pumps, motors, evaporators), Tanks, Pipes & Draines, Others. Filtration holds the major market share in value during the forecast period as it offers high efficiency along with cost-effectiveness. It comes with a modular design, making it scalable technology that can be customized for different applications and industries. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=96335812Browse in-depth TOC on “Water Recycle and Reuse Market”130 – Market Data Tables46 – Figures 186 – Pages List of Key Players in Water Recycle and Reuse Market:Veolia Water Technologies (France) SUEZ Water Technologies & Solutions (France)Evoqua Water Technologies (US)Fluence Corporation Limited (US)Dow Chemical Company (US)Hitachi Ltd. (Japan)Kubota Corporation (Japan)Siemens Energy (Germany)Alfa Laval (sweden)Melbourne Water (Australia)Drivers, Restraints, Opportunities and Challenges in Water Recycle and Reuse Market:Drivers: Increasing Water Scarcity Restraints: Health and safety concernsOpportunity: Rising population and rapid urbanizationChallenge: High cost and infrastructure requirementsKey Findings of the Study:Filtration by equipment is projected to grow at fastest CAGR, in terms of value, during the forecast period.50,001 L TO 100,000 L is projected to be the fastest growing capacity in the market, in terms of value.Middle East and Africa is expected to be the fastest growing market for water recycle and resue market during the forecast period, in terms of value.If You Want to Know More About Report, Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=96335812Based on Capacity, the water recycle and reuse market has been segmented into ( 100,001 L ). The > 100,001 L accounted for the largest share, in terms of value, of the global market in 2023. A water treatment plant with a capacity exceeding 100,000 liters serves critical purposes in meeting the water demands of large-scale applications. One primary application is city-wide water supply systems, where these plants play a central role in treating and distributing water to entire urban areas. Advanced treatment processes such as advanced filtration, membrane technologies, disinfection systems, and chemical dosing are often employed to achieve the desired water quality standards and meet the regulatory requirements. These factors are driving its demand in the brine concentration technology market. Based on end use industries, the water recycle and reuse market has been segmented into Industrial, commercial, Residential. Industrial holds the largest market share in terms of value. Due to the high volume of water operated in these types of plants. The industrial and commercial sectors are the largest end-user application for water recycle and reuse.Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=96335812 Asia Pacific is the largest and fastest-growing market for water recycle and reuse market. This growth is mainly attributed to the rapidly increasing population & urbanization, which drives the demand for water recycle and reuse market in booming economies in India and China. Many Asian Pacific countries are increasingly facing freshwater scarcity; thus, water purification and reuse will contribute to some relief. Asia Pacific is globally the largest agriculture producer; this industry requires a lot of water and chemicals. To curb water problems, water recycle, desalination is increasingly being adopted in Asian countries. The increased number of end-use industries of water recyle and reuse, such as construction, mining, textile, chemical, food and beverage, wastewater treatment, pharmaceuticals, and power generation in Asia Pacific, is expected to support the brine water recycle and reuse market growth during the region’s forecast period. Browse Adjacent Markets Equipment Machine and Tooling Market Research Reports & Consulting Related Reports:Biocides MarketFire Stopping Materials MarketConstruction Films MarketAutomotive Adhesives MarketAbout MarketsandMarkets™
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© Reuters. Russian Central Bank Governor Elvira Nabiullina attends a news conference in Moscow, Russia June 14, 2019. REUTERS/Shamil Zhumatov/File Photo
MOSCOW (Reuters) – Russia’s central bank will need two to three months to make sure that inflation is steadily declining before taking any decision on interest rate cuts, the bank’s governor Elvira Nabiullina told RBC media on Sunday.
The central bank raised its key interest rate by 100 basis points to 16% earlier in December, hiking for the fifth consecutive meeting in response to stubborn inflation, and suggested that its tightening cycle was nearly over.
Nabiullina said it was not yet clear when exactly the regulator would start cutting rates, however.
“We really need to make sure that inflation is steadily decreasing, that these are not one-off factors that can affect the rate of price growth in a particular month,” she said.
Nabiullina said the bank was taking into account a wide range of indicators but primarily those that “characterize the stability of inflation”.
“This will take two or three months or more – it depends on how much the wide range of indicators that characterize sustainable inflation declines,” she said.
The bank will next convene to set its benchmark rate on Feb. 16.
The governor also said the bank should have started monetary policy tightening earlier than in July, when it embarked on the rate-hiking cycle.
© Reuters. FILE PHOTO: Workers walk past an under-construction area with completed office towers in the background, in Shenzhen’s Qianhai new district, Guangdong province, China August 25, 2023. REUTERS/David Kirton/File Photo
SHANGHAI (Reuters) – China’s top planning body said on Saturday it had identified a second batch of public investment projects, including flood control and disaster relief programmes, under a bond issuance and investment plan announced in October to boost the economy.
With the latest tranche, China has now earmarked more than 800 billion yuan of its 1 trillion yuan ($140 billion) in additional government bond issuance in the fourth quarter, as it focuses on fiscal steps to shore up the flagging economy.
The National Development and Reform Commission (NDRC) said in a statement on Saturday it had identified 9,600 projects with planned investment of more than 560 billion yuan.
China’s economy, the world’s second largest, is struggling to regain its footing post-COVID-19 as policymakers grapple with tepid consumer demand, weak exports, falling foreign investment and a deepening real estate crisis.
The 1 trillion yuan in additional bond issuance will widen China’s 2023 budget deficit ratio to around 3.8 percent from 3 percent, the state-run Xinhua news agency has said.
“Construction of the projects will improve China’s flood control system, emergency response mechanism and disaster relief capabilities, and better protect people’s lives and property, so it is very significant,” the NDRC said.
The agency said it will coordinate with other government bodies to make sure that funds are allocated speedily for investment and that high standards of quality are maintained in project construction.
($1 = 7.1315 renminbi)
© Reuters. Russian Central Bank Governor Elvira Nabiullina attends a news conference in Moscow, Russia June 14, 2019. REUTERS/Shamil Zhumatov/File Photo
MOSCOW (Reuters) – Russia’s central bank will need two to three months to make sure that inflation is steadily declining before taking any decision on interest rate cuts, the bank’s governor Elvira Nabiullina told RBC media on Sunday.
The central bank raised its key interest rate by 100 basis points to 16% earlier in December, hiking for the fifth consecutive meeting in response to stubborn inflation, and suggested that its tightening cycle was nearly over.
Nabiullina said it was not yet clear when exactly the regulator would start cutting rates, however.
“We really need to make sure that inflation is steadily decreasing, that these are not one-off factors that can affect the rate of price growth in a particular month,” she said.
Nabiullina said the bank was taking into account a wide range of indicators but primarily those that “characterize the stability of inflation”.
“This will take two or three months or more – it depends on how much the wide range of indicators that characterize sustainable inflation declines,” she said.
The bank will next convene to set its benchmark rate on Feb. 16.
The governor also said the bank should have started monetary policy tightening earlier than in July, when it embarked on the rate-hiking cycle.
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