Press release
Water Desalination Equipment Market Future Evolution and Industry Growth Matrix by 2030
As per the report published by Allied Market Research, the global water desalination equipment market generated $6.9 billion in 2020, and is projected to reach $16.6 billion by 2030, registering a CAGR of 9.2% from 2021 to 2030.Increased use of water movement from desalination to energy generation, reducing of freshwater resource levels, and increased demand for water independence have boosted the growth of the global water desalination equipment market. However, scaling and fouling issues associated with RO membranes hinder the market growth. On the contrary, growing adoption of hybrid desalination technologies is expected to open new opportunities for the market players in the future.
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The purpose of desalination equipment is to extract salt from water to lower the salinity of the discharge water. The desalination process is used for water reuse applications in facilities that produce brine as a byproduct of other operations and generate high-salinity water. Desalination equipment is commonly utilized when treating brine from ocean water input to guarantee that the filters are robust throughout the entire treatment process and to eliminate salts that are not only undesirable to humans as well as detrimental to flavor. After undergoing complex water treatment processes, this small salinized treated brine will eventually become potable water. Rapid development has led to an increase in demand for water supplies.
Manufacturing and other activities related to the growth of industrial-based procedures require enormous amounts of water. The need for water desalination plants is expected to increase in response to rising water needs from manufacturing end users, such as food and beverage, paper and pulp, and oil and gas. However, the intricate and capital-intensive process of building desalination facilities frequently results in excess costs, project delays, and technical challenges that restrict growth in the market.
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Based on the technology, the global water desalination equipment market is divided into multi-stage flash (MSF) distillation, multi-effect distillation (MED), reverse osmosis (RO), electrodialysis (ED), nanofiltration (NF), and others. Among these, the reverse osmosis (RO) segment is anticipated to hold the greatest share of the global water desalination equipment market during the projected timeframe. Reverse osmosis has several benefits, such as low installation costs, ease of use, versatility in handling different types of feed water, and reduced chemical consumption. Reverse osmosis (RO) is a technique that uses a semipermeable membrane to filter salt molecules out of saltwater water, producing clean water.
The seawater segment is anticipated to hold the largest share of the global water desalination equipment market during the projected timeframe.
Based on the source, the global water desalination equipment market is divided into seawater, brackish water, river water, and others. Among these, the seawater segment is anticipated to hold the largest share of the global water desalination equipment market during the projected timeframe. It is anticipated that as potable water becomes increasingly rare, demand for seawater desalination will increase. The increasing requirement to treat seawater to save freshwater resources is expected to increase the need for seawater desalination technologies.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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