Global Electrodialysis Equipment Market 4.27% CAGR Seeking Excellent Consumption Growth | AGC Engineering Co. Ltd.; ASTOM Corporation; MEGA International; Eurodia Industrie; SnowPure, LLC; Saltworks Technologies Inc.

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Market Analysis: Global Electrodialysis Equipment Market

Global Electrodialysis Equipment Market is expected to rise grow with a CAGR of 4.27% in the forecast period of 2019-2026.
This is expected to result in growth of the market value from its initial estimated USD 292.31 million to a projected value of USD 408.42 million. This rise in market value can be attributed to the increase in efficiency and effectiveness in achieving desalination with this process.

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Market Definition:

Electrodialysis equipments are the devices that are used to complete the electrodialysis processes. This process involves the separation of certain substances, compounds and components from a solution. It is majorly utilized in desalination of water as well as in recycling processes.

Key Market Competitors:

Few of the major competitors currently working in electrodialysis equipment market are-PCCell GmbH; Evoqua Water Technologies LLC; GENERAL ELECTRIC; C-Tech Innovation; AGC Engineering Co.,Ltd.; ASTOM Corporation; MEGA International; Eurodia Industrie; SnowPure, LLC; Saltworks Technologies Inc.; Electrosynthesis Company, Inc.; AGC Inc.; Doromil (Beijing) Separation Technology Co., Ltd.; WGM Sistemas;

Segmentation: Global Electrodialysis Equipment Market

By Product

Cation-Exchange Membranes
Anion-Exchange Membranes

By Type

Continuous Electrodialysis
Batch Electrodialysis

By Application

Seawater Desalination
Food & Beverages
Laboratory
Pharmaceutical
Recycling Equipment
Others

By Geography

North America
Europe
Asia-Pacific
Middle East and Africa

Key Developments in the Market:

In February 2018, Evoqua Water Technologies LLC announced that they had agreed to acquire Pure Water Solutions. This acquisition will further integrate Evoqua’s expertise in providing products, solutions and services for water treatments.

In November 2017, AGC Inc. announced the launch of a new brand “FORBLUE”, with the brand focused on providing AGC Inc.’s eco-friendly technology for the separation of chemical substances. This brand launch will help in providing consumers with a focused platform for providing solutions in chemicals separations.

Competitive Analysis:

Global electrodialysis equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electrodialysis equipment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers:

Growth in concerns for water pollution and requirement for desalination of water due to the decline in presence of freshwater sources; this factor is expected to drive the market growth
Requirement of less processing and any additional steps before the end solution is ready for consumption with the usage of electrodialysis is expected to drive the market growth

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