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Water Desalination Equipment Market Size Worth USD 39.44 Billion in 2032 | Emergen Research

04-25-2024 02:46 PM CET | Chemicals & Materials

Press release from: Emergen Research

Water Desalination Equipment Market

Water Desalination Equipment Market

The global water desalination equipment market size was USD 15.56 billion in 2022 and is expected to register a rapid revenue CAGR of 9.8% during the forecast period. The global water desalination equipment market is projected to witness substantial growth in the coming years, driven by factors such as rapid depletion of freshwater resources, industrialization, and the increasing world population. Market Research Projections indicate a surge in demand for desalination machinery, which removes impurities from various water sources, converting them into potable water.

Market Drivers

The escalating demand for drinking water, coupled with a growing awareness of the benefits of desalinated water, is a primary driver of market growth. According to the UN's World Water Development Report 2020, by 2050, the global population is expected to increase by 1 billion, with a 30% surge in water demand. Industries like chemical, mining, and Oil & Gas (O&G) are also significant consumers of freshwater, further fueling the market growth.

Furthermore, rapid industrialization and the urgent need for efficient wastewater management systems worldwide are expected to bolster market revenues. Governments of developing economies are increasing investments in water desalination facilities to combat environmental challenges such as droughts and changing weather patterns.

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Market Restraints

Despite promising growth prospects, challenges persist in the water desalination equipment market. Risks associated with plant construction, including ecological impacts and membrane fouling, pose barriers to market expansion. Additionally, the use of disinfectants and anti-scaling agents to mitigate fouling may escalate operating costs, restraining market growth.

Segment Insights

Source: The market is segmented by source into seawater, brackish water, and river water. Seawater desalination dominates the market due to the rising demand for freshwater and the oceans' abundant water resources. Brackish water desalination is gaining traction, especially in agriculturally prosperous countries like India, China, and Brazil.

Technology: Reverse Osmosis (RO) technology is expected to lead the market, owing to its simplicity, cost-effectiveness, and versatility in treating various water types. Multi-stage Flash (MSF) distillation technology is also gaining prominence due to its high efficiency and ability to utilize low-temperature energy sources.

End-Uses: Municipalities represent the largest consumer segment, driven by the need for clean drinking water amidst increasing contamination of groundwater and surface water. The industrial sector is witnessing rapid adoption of desalination technology, particularly in developing countries undergoing industrialization.

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Water Desalination Equipment Top Companies and Competitive Landscape

The global water desalination equipment market is consolidated, with large and medium-sized players accounting for the majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective water desalination equipment products in the market.

Some of the major companies included in the global water desalination equipment market report are:

• ACCIONA
• Biwater Holdings Limited.
• Kovalus Separation Solutions
• IDE
• Pure Aqua, Inc.
• Veolia
• Rite Water
• Watson's Water
• Doosan Enerbility
• Labmatrix Manufacturing LLP
• PepsiCo, Inc.
• Thermo Fisher Scientific Inc.
• Jackel Porter Co., Ltd.
• GEROLSTEINER BRUNNEN GMBH & CO. KG

Water Desalination Equipment Latest Industry News

• In January 2021, SUEZ announced the conclusion of its purchase of the Reverse Osmosis (RO) membrane goods line from LANXESS, a major specialty chemical firm. The addition of RO membranes to SUEZ's current product line will expand and complement the company's market reach in the industrial water market and further solidify SUEZ's basis for growth in related industries.

• In May 2019, GE Power announced that the company's latest RO membrane component would be accessible, which is expected to give water desalination employees more productivity and higher efficiency.

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Water Desalination Equipment Market Segment Analysis

For the purpose of this report, Emergen Research has segmented the global water desalination equipment market on the basis of source, technology, end-uses, and region:

• Source Outlook (Revenue, USD Billion; 2019-2032)
o Sea Water
o Brackish Water
o River Water
• Technology Outlook (Revenue, USD Billion; 2019-2032)
o Reverse Osmosis
o Multi-Stage Flash (MSF) Distillation
o Multi-Effect (MED) Distillation
o Others
• End-use Outlook (Revenue, USD Billion; 2019-2032)
o Municipal
o Industrial
o Others
• Regional Outlook (Revenue, USD Billion; 2019-2032)
o North America
1. U.S.
2. Canada
3. Mexico
o Europe
1. Germany
2. France
3. UK
4. Italy
5. Spain
6. Benelux
7. Rest of Europe
o Asia Pacific
1. China
2. India
3. Japan
4. South Korea
5. Rest of APAC
o Latin America
1. Brazil
2. Rest of LATAM
o Middle East & Africa
1. Saudi Arabia
2. UAE
3. South Africa
4. Turkey
5. Rest of Middle East & Africa

For more informative information, please visit us @ https://www.emergenresearch.com/industry-report/water-desalination-equipment-market

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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