Press release
Water Desalination Equipment Market revenue projected to go up by 2015 - 2021
The process of water desalination separates dissolved elements such as salts and other minerals from water. The water which is provided as input for water desalination process includes water from sources such as seawater, rivers, wells, streams, wastewater, brackish, and industrial feed and process waters. The separation process requires forces to effectively pass water through membrane processes. The required forces include pressure, electric potential, and concentration in order to defeat natural osmotic pressures.
Based on technology, the global water desalination equipment market is segmented as multi-stage flash (MSF), vapor compression, multi-effect distillation (MED), nano-filtration, reverse osmosis (RO), and electrodialysis. Of which, the MSF segment dominates the market owing to its wide use. On the basis of product, the global market is segmented as pumps, membrane systems, evaporators, and others. Based on the water input, the market is further classified as seawater, brackish water, and river water. Further on the basis of application, the global water desalination equipment market is as industrial, municipal, and others. The other segment is further sub-segmented as hospitality and military.
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The technology is energy-intensive and continuous research to enhance efficiency and reduce energy consumption is carried out, which in turn is driving the demand for water desalination equipment demand globally. Growing global population, water crisis, and technological advancements are other factors that are anticipated to boost the global market in the near future. In addition, increasing demand for clean, safe, and fresh drinking water is fostering the growth of the global water desalination equipment market. Rising trend of replacing depleting fresh-water resources with recycled or desalinated water is anticipated to provide ample growth opportunities for niche market players. Moreover, high standard of living and rising pollution levels in urban regions are also impacting the growth of the market in appositive way.
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Rising dependence on water desalination technologies particularly in areas that hinge on rainfall for water collection such as Saudi Arabia, Israel, UAE, and other countries with large financial resources in the MEA resulted in the major contribution to the growth of the market in this region. This trend is followed by Asia Pacific in terms of market demand and revenue. Furthermore, increasing efforts by developing countries such as China to be known a global superpower has boosted the overall market growth in this region.
Some of the major players dominating the global water desalination equipment market are GE Water and Process Solutions, Genesis Water Technologies, Koch Membrane Systems, Doosan Heavy Industries and Co., IDE Technologies, and Degremont SAS. Other key players influencing the global market are Biwater, Cadagua, Hyflux Ltd., and The Dow Chemical Company.
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