Global Water Desalination Equipment Market Is Expected To Grow USD 21.77 Billion By 2032, At A CAGR Of 8.8%| Says Introspective Market Research
Market Overview:
Water
Desalination Equipment Market Size Was Valued at USD 10.19 Billion in 2023, and
is Projected to Reach USD 21.77 Billion by 2032, Growing at a CAGR of 8.8% From
2024-2032.
Water
desalination equipment refers to systems and devices designed to remove
salts and other impurities from seawater or brackish water to produce fresh,
potable water. This equipment employs various desalination processes, such as
reverse osmosis, distillation, and electrodialysis, to achieve purification.
Key components include membranes, pumps, energy recovery devices, and
filtration units. Water desalination equipment is essential in regions facing
freshwater scarcity, providing a sustainable solution for drinking water,
agriculture, and industrial needs. By converting saline water into fresh water,
this technology plays a crucial role in addressing global water shortages and
supporting sustainable water management.
Top Key Players for Water Desalination
Equipment Market:
SUEZ (US), TORAY
INDUSTRIES INC. (Japan), Advanced Watertek (Australia), Dow (US), Hatenboer
(Netherlands), Koch Separation Solutions (US), Veolia (France), Evoqua Water
Technologies LLC (US), Thomas Desalination (US), TOYOBO CO. LTD. (Japan),
CARIBBEAN DESALINATION ASSOCIATION (CARIBDA) (US), ALFA LAVAL (Sweden),
Torishima Pump Mfg. Co.Ltd. (Japan), Sulzer Ltd (Switzerland), Wärtsilä
(Finland), DuPont (US), Keiken Engineering (Spain) and others. and Other Major
Players.
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The report
summarizes all the information collected and serves the customer's
requirements. However, these market analyses help in understanding market
growth at both global and regional levels. For market data analysis, we have
market panorama tools such as Market Dynamics, Competitor Analysis, PESTEL
Analysis, SWOT Analysis, Porter Five Forces Analysis, Value Chain Analysis,
Technology Roadmap and Evolution, Regulatory Framework, Price Trend Analysis,
Patent Analysis, Covid-19 Impact Analysis, Russia-Ukraine War Impact and
others.
Market Dynamics and Factors for Water
Desalination Equipment Market:
Drivers:
The Increasing Use Of Water Day By Day And The
Extra Amount Of Water Utilized By People Than Needed
The increasing use
of water day by day and the extra amount of water utilized by people than
needed is driving the growth of the Water Desalination Equipment Market. In
certain instances, water is also overused for animal husbandry purposes, for
land especially agricultural activities, or for another number of things,
sometimes it is also unnecessarily used for recreational activities without
considering the adverse effects it may have on the surrounding environment. All
these factors are causing water scarcity hence, propelling the growth of the
Water Desalination Equipment Market throughout the forecast. Moreover, in areas
that are hot and dry drought is most common in these regions. Furthermore,
these are places that don't receive enough rainfall and thus cause a hindrance
to the sustainability of life.
Opportunities:
Increase In The Adoption Of Small Water
Purification And Desalination Equipment
The rapid growth in
population and the increase in the adoption of small water purification and
desalination equipment by households is promoting the sales of water
desalination equipment. Moreover, the
technological advancement in Hybrid desalination systems combines two or more
desalination technologies to accomplish the comparative beneficial effects of
the combined technologies. Additionally, some hybrid systems use technologies
that administer thermal distillation or membrane desalination, or both in some
instances. Furthermore, electric power is also produced in some hybrid systems,
in addition to the pure water production.
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Segmentation Analysis of the Water
Desalination Equipment Market:
By Source
·
Seawater
·
Brackish Water
·
River Water
·
Others
By Technology
·
Reverse Osmosis
·
Multi-Stage Flash (MSF) Distillation
·
Multi-Effect Distillation (MED)
·
Others
By Application
·
Municipal
·
Industrial
·
Others
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Regional Analysis of the Water Desalination
Equipment Market:
The Middle East and Africa
region are expected to have the highest share in the Water Desalination
Equipment Market owing to the humungous desalinating plants located in these
regions. Countries such as Saudi Arabia, United Arab Emirates, Israel, and
Kuwait majorly rely on seawater for their day-to-day water needs. The growing
dryness and increasing population in these regions are propelling the growth of
the Water Desalination Equipment Market. The absence of groundwater and the
growing adoption of technological advancements to convert seawater into potable
water is supporting the growth of the Water Desalination Equipment Market.
By Region:
·
North America (U.S., Canada, Mexico)
·
Eastern Europe (Bulgaria, The Czech Republic, Hungary,
Poland, Romania, Rest of Eastern Europe)
·
Western Europe (Germany, U.K., France, Netherlands, Italy,
Russia, Spain, Rest of Western Europe)
·
Asia-Pacific (China, India, Japan, South Korea, Malaysia,
Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
·
Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait,
Qatar, UAE, Israel, South Africa)
·
South America (Brazil, Argentina, Rest of SA)
Key Industry Development:
In January 2021, SUEZ declared that it has completed the
acquisition of the Reverse Osmosis (RO) membrane merchandise line from LANXESS,
a leading specialty chemical company. Incorporating the RO membranes into the
existing line of product portfolio of SUEZ will broaden and complement
companies' reach in the industrial water market and further strengthen SUEZ's
foundation for development in adjacent sectors. This acquisition will help SUEZ
Group to meet the challenges faced by customers in water treatment.
In October 2021, Toray Industries, Inc., declared that it has
accepted the order for Rabigh 3 Desalination Plant in the Kingdom of Saudi
Arabia for reverse osmosis (RO) membrane supply. It is not only the largest Sea
Water Reverse Osmosis plant in the country, but it will also be one of the
largest SWRO plants in the world. The RO membranes and technical services will be
provided by Toray Membrane Middle East LLC, Toray's local subsidiary located in
Dammam, Kingdom of Saudi Arabia.
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