Press release
Water Desalination Equipment Market 2023 | Top Business Strategy, Growth Analysis And Industry Forecast to 2029
Market Overview:The Global Water Desalination Equipment market was valued at USD 14.54 billion in 2021 and is expected to reach USD 24.44 billion by the year 2028, at a CAGR of 7.7%.
Brackish water, salt water, or any other source of water can be desalinated using technology to remove molten salts and a range of other minerals and produce fresh or potable water. In municipal settings, desalination technology is used to transform available water resources into drinkable water that is ready for use. The mining, oil and gas, and chemical industries all use fresh water in their operations. Reverse osmosis technology's ability to process all types of water feed with less energy usage is becoming more widely known, which is predicted to improve the popularity of desalination equipment in developing regions.
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Market Dynamics:
Driver:
A growing population, rapid urbanization, and rising water scarcity in several parts of the world are expected to drive the demand for water desalination equipment during the forecast period. The rising investment by governments to build mega desalination plants and advancements in technology such as the development of energy-efficient technologies is anticipated to boost the market growth. Moreover, the increasing trend of desalinated H2O replacing diminishing freshwater supplies is expected to drive market growth.
Opportunities:
The technology's widespread adoption in poor nations is a result of its straightforward construction and operation. Due to its simple processing, low installation cost, capacity to treat all types of feed water, and minimal usage of chemicals, RO technology is expected to see an increase in demand in the future years. Utilizing digital technology in desalination plants is projected to increase monitoring, management, risk identification, and process control, which will provide an opportunity for market growth. Desalination industry technological improvements aim to achieve a number of goals, including lowering disposal and disposal and enhancing freshwater creating growth opportunities for the market.
The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
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Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Market Segmentation
By Source
• Seawater
• Brackish Water
• River Water
• Others
By Technology
• Reverse Osmosis
• Multi-Stage Flash (MSF) Distillation
• Multi-Effect Distillation (MED)
• Others
By Application
• Municipal
• Industrial
• Others
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Regional Analysis of Water Desalination Equipment Market:
The Middle East and Africa region are expected to have the highest share in the Water Desalination Equipment Market owing to the humungous desalinating plants located in these regions. Countries such as Saudi Arabia, United Arab Emirates, Israel, and Kuwait majorly rely on seawater for their day-to-day water needs. The growing dryness and increasing population in these regions are propelling the growth of the Water Desalination Equipment Market. The absence of groundwater and the growing adoption of technological advancements to convert seawater into potable water is supporting the growth of the Water Desalination Equipment Market.
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
Key Players Covered in Water Desalination Equipment market
• SUEZ (US)
• TORAY INDUSTRIES INC. (Japan)
• Advanced Watertek (Australia)
• Dow (US)
• Hatenboer (Netherlands)
• Koch Separation Solutions (US)
• Veolia (France)
• Evoqua Water Technologies LLC (US)
• Thomas Desalination (US)
• TOYOBO CO. LTD. (Japan)
• CARIBBEAN DESALINATION ASSOCIATION (CARIBDA) (US)
• ALFA LAVAL (Sweden)
• Torishima Pump Mfg. Co.Ltd. (Japan)
• Sulzer Ltd (Switzerland)
• Wärtsilä (Finland)
• DuPont (US)
• Keiken Engineering (Spain) and others.
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Key Industry Developments in Water Desalination Equipment Market
• In January 2021, SUEZ declared that it has completed the acquisition of the Reverse Osmosis (RO) membrane merchandise line from LANXESS, a leading specialty chemical company. Incorporating the RO membranes into the existing line of product portfolio of SUEZ will broaden and complement companies' reach in the industrial water market and further strengthen SUEZ's foundation for development in adjacent sectors. This acquisition will help SUEZ Group to meet the challenges faced by customers in water treatment.
• In October 2021, Toray Industries, Inc., declared that it has accepted the order for Rabigh 3 Desalination Plant in the Kingdom of Saudi Arabia for reverse osmosis (RO) membrane supply. It is not only the largest Sea Water Reverse Osmosis plant in the country, but it will also be one of the largest SWRO plants in the world. The RO membranes and technical services will be provided by Toray Membrane Middle East LLC, Toray's local subsidiary located in Dammam, Kingdom of Saudi Arabia.
Report includes Competitor's Landscape:
• Major trends and growth projections by region and country
• Key winning strategies followed by the competitors
• Who are the key competitors in this industry?
• What shall be the potential of this industry over the forecast tenure?
• What are the factors propelling the demand for the Action Figures and Statues?
• What are the opportunities that shall aid in significant proliferation of the market growth?
• What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures and Statues?
• How has the covid-19 impacted the growth of the market?
• Has the supply chain disruption caused changes in the entire value chain?
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https://introspectivemarketresearch.com/reports/water-toc-testing-instrument-market/
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