India Desalination Systems Market 2022 Strategic Assessment - Abengoa., Aquatech International LLC, Hitachi, Hyflux Ltd

Market Insights Reports has added new statistical data to its repository titled as, Global India Desalination Systems Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The India Desalination Systems market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.

The market for desalination system is expected to develop at a CAGR of over 3% during the forecast period. 

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Top Key Players in the Global India Desalination Systems Market is Abengoa., Aquatech International LLC, Hitachi, Ltd., Hyflux Ltd, IDE Technologies Ltd, Ion Exchange, Suez SA, Thermax Limited, VA Tech Wabag Ltd., Veolia Environnement SA, and others. 

Key Market Trends:

Rising Demand from Municipal Segment

- Municipal application is anticipated to witness substantial growth in the India desalination system market during the forecast timeframe.
- India is witnessing a dire water shortage especially of drinking water as present sources both surface and groundwater are becoming increasingly stressed. The water consumption rate in the country is increasing continuously every year. The overall demand for water in 2025 and 2050 is expected to reach 843 BCM and 1,180 BCM respectively.
- Municipalities have taken up the responsibility to treat seawater and generate potable water so that people can get access to clean drinking water.
- In 2019, Metrowater announced its plan to install two new desalination plants with a capacity of 150 million litres and 400 million litres respectively. This was a result of the recent hydrological drought situation that the Chennai encounter during peak summer and subsequent months.
- All the aforementioned factors are expected to drive the desalination systems market in the country during the forecast period.

Membrane Technology to Dominate the Country

- In India, the market share of the reverse osmosis technology is anticipated to constitute about 34% of the water purifier market in the country by 2021. The Indian market for water purifiers is expected to increase to a value of USD 4.1 billion by 2024.
- Moreover, nanofiltration membranes are used significantly to reduce the odor, color, hardness and separate heavy metal ions from water systems.
- In 2020, the bottled water segment is projected to be USD 6.178 billion in India and is predicted to annually at a CAGR of 9.0% between 2020 to 2023.
- The demand for drinking water in India is forecasted to be 73 billion cubic meters in 2025 and is anticipated to reach 102 billion cubic meters by 2050.
- Thus, rising demand for water from various industries coupled with government support is expected to drive the market studied in the country during the forecast period.

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This Global India Desalination Systems Market report addresses:

- The Market size from 2016-2021

- Expected market growth until 2025

- Forecast of how market drivers, restraints, and future opportunities will affect

- Segment and regions that will drive or lead the market growth and why

- Comprehensive mapping of the competitive landscape

- In-depth analysis of key sustainability strategies adopted by market place.                              

Frequently Asked Questions about Global India Desalination Systems market:

- What are the recent developments and government policies?
- Why might we forecast a downturn in a particular economy next year?
- Why do we say the currency is set to appreciate?
- What countries and sectors offer the highest potential?
- Where are the greatest dangers?              

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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