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Water is rapidly becoming the most critical resource constraint for global industry. This report provides a strategic outlook through 2035, highlighting the shift from treatment for disposal to treatment for reuse. We analyze the rise of Zero Liquid Discharge systems in the power and textile industries, where regulatory mandates are forcing plants to recycle 100% of their process water. The report examines advancements in membrane technologies, such as Graphene-based filters, which are lowering the energy cost of desalination. The narrative also explores the Smart Water movement, where IoT sensors and AI detect leaks and optimize chemical dosing. We identify the Asia-Pacific region as the primary growth engine, as rapid urbanization in water-stressed countries drives public-private partnerships. By 2035, water will be managed as a circular asset, with Water-as-a-Service models allowing companies to outsource their entire water lifecycle.