In 2024, industrial demand grew as industries such as manufacturing, chemicals, and food and beverages expanded their facilities to cater to the increased demand for production. Clean and processed water for industrial processes remained a necessity for efficiency and production, thus maintaining a steady purchasing trend and slightly increasing demand for price.
Industrial output in Asia remained high, and peak demand for process water resulted from a need to sustain production processes. In Europe, environmental regulations also contributed to slightly increasing demand for process water, pushing up prices. In North America, demand for process water remained steady, fueled by growth in industries such as manufacturing and industrial facilities, but rising costs contributed to a mild increase in demand for price.
Sustainability and water conservation emerged as important areas of focus for industries across the globe. Investments in water recycling and reuse, and treatment technologies, also increased to minimize water consumption and costs.