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Market For Water Desalination Equipment Is Anticipated To Reach $25 Billion By 2032

09-06-2022 03:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Market For Water Desalination Equipment Is Anticipated To Reach

The global water desalination equipment market is expected to exceed US$ 13 billion by 2022. During the forecast period, it is expected to grow at a CAGR of 9%. Because of the global scarcity of potable water resources, the market is expected to exceed US$ 25 billion by 2032.

The global Equipment for desalinating water is used in industry to clean brackish water, seawater, or any other sources of water. Desalination technology makes it possible to separate salts and minerals from a variety of water sources, including industrial feed, wastewater, wells, and others, and then transform those waters into freshwater or potable water.

Equipment for desalinating water is used in industry to clean brackish water, seawater, or any other sources of water. Desalination technology makes it possible to separate salts and minerals from a variety of water sources, including industrial feed, wastewater, wells, and others, and then transform those waters into freshwater or potable water.

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The increasing requirement of desalination of sea water due to increasing water demand is driving the global water desalination equipment market at a faster rate.

The growth of the water desalination equipment market is subsidized by the increasing concerns over the scarcity water due to rapidly growing population, industrial development and pollution. Also fast improving living standards in the developing regions are demanding cleaner water, subsequently driving the advancements in the desalination technologies.

Desalination equipment facilitates desalination process that parts the dissolved salts and other minerals from seawater or other salinized water. The major advantage of desalinised water is that it can deliver high quality water for consumption purpose even at the time of droughts ultimately increasing the overall supply.

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The emerging water desalination equipment market has been experiencing a phase of new product development and technological advancements due to greater demand. The manufacturing companies are raising their respective market share with increased R&D activities.

Water Desalination Equipment Market: Region-wise Outlook

The global water desalination equipmentmarket is expected to register a favourable growth for the forecast period, 2015?2025. Middle-East is projected to endure its control on the global water desalination equipmentmarket followed by North America and Europe. The key countries in the Middle-East are projected to be GCC (Gulf Cooperation Council) and Algeria as an outcome of practicing desalination for long specially in GCC countries.

Water Desalination Equipment Market: Key Players

Some of the key players in the desalination equipment market are General Electric, Doosan Heavy Industries and Co, Acciona SA, Genesis Water Technologies, Koch Membrane Systems, Degremont Sas, IDE Technologies, Hyflux Ltd, Biwater, and Cadagua

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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Key Segments Profiled in the Water Desalination Equipment Industry Survey

Application:
• Municipal
• Industrial
• Others (hospitality etc.)

Technologies:
• Reverse Osmosis
• Nanofiltration
• Multi Stage Flash
• Electrodialysis
• Vapour Compression
• Multi Effect Distillation
• Others

Region:
• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East & Africa

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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