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Global Desalination Plants Market Insights, Trends & Future Development Status Recorded during 2020-2030

08-05-2020 10:05 AM CET | Logistics & Transport

Press release from: Prophecy Market Insights

Prophecy Market Insights

Prophecy Market Insights

Rising demand from the Middle East & North African region is one of the key driving factors of the market. Potential integration of desalination with renewable energy is projected to offer market with growth opportunities, in the coming years.

The global desalination plants market accounted for US$ XXX billion in 2020 and is estimated to be XXX billion by 2030 and is anticipated to register a CAGR of XX.X%. The report. "Global Desalination Plants Market, By Type (Seawater and Brackish Water), By Application (Drinking Water, Irrigation Water, and Industrial Water), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”.

Key Highlights:

In April 2019, Niti Aayog declared that India’s first solar-powered desalination plant would be arranged in the state of Tamil Nadu, India. Under this project, India has planned to build desalination plants along the 7800-kilometer coastline of Tamil Nadu.
In November 2018, a symbolic foundation stone for the 5,200-m3/d desalination facility, which is situated on the Red Sea coast at Yanbu, Saudi Arabia, was laid by King Salman during his visit to King Abdul-Aziz City for Science and Technology (KACST) in Riyadh, Saudi Arabia. Under this project, Saudi Arabia has planned to build a solar-powered desalination plant by using the adsorption technology.

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Analyst View:

Growth in the global population and their unmet water needs are growing demand for desalination plants and is projected to the propel water desalination plant market over the forecast period. Moreover, issues such as climate change which is disturbing water cycle resulting to water scarcity and increased use of water owing to rapid industrialization as water is employed in various industrial processes are boosting demand for fresh water. This, in turn, is anticipated to fuel the water desalination plant market in the coming years.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Desalination Plants Market”, By Type (Seawater and Brackish Water), By Application (Drinking Water, Irrigation Water, and Industrial Water), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Key Market Insights from the report:

The global desalination plants market accounted for US$ XXX billion in 2020 and is estimated to be XXX billion by 2030 and is anticipated to register a CAGR of XX.X%. The report. The market report has been segmented on type, application, and region.

By type seawater is the most dominating source used for treatment through desalination. Industrial wastewater, brackish water, and groundwater are the next key saline water sources that can be treated efficiently and converted to potable, usable water.
By application, the target market is classified into drinking water, irrigation water, and industrial water.
By region, The Middle East and Africa region is dominating the global water desalination plant market followed by Asia Pacific, owing to high demand of fresh water in the region. The market in Asia Pacific is projected to register significant growth in the coming years due to growth in demand for fresh water owing to water scarcity and rising population.

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Competitive Landscape:

The prominent player operating in the global desalination plants market includes Koch Membrane System, Acciona, IDE Technologies, Shakunth Aqua Products, IVRCL, Genesis Water technologies, Hyflux Ltd., Doosan Corporation, General Electric, and METITO.

The market provides detailed information regarding industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included into the report.

Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces Analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period

Key Topics Covered

Introduction
Study Deliverables
Study Assumptions
Scope of the Study

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Prophecy Market Insights
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About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

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