Water Desalination Equipment Market
Growth Factors of Water Desalination Equipment Market
The water desalination equipment market size was valued at USD 10.11 billion in 2023, and the market is now projected to grow from USD 10.95 billion in 2024 to USD 21.14 billion by 2032, exhibiting a CAGR of 8.6% during the forecast period of 2024-2032.
The emergence of COVID-19 has greatly influenced the water desalination market with certain positive changes and negative impacts. The early stages of the pandemic impacted the supply chain and temporization of executing structures and construction of desalination plants forcefully. This resulted in delays in project schedule particularly in labor availability as well as in the procurement and delivery of materials due to the restriction measures such as lock down. Furthermore, the economic crisis brought forward declines in new desalination costs and projects or infrastructural improvement.
The market growth of desalination equipment is instrumental to the increasing demand for fresh water in areas that experience water shortage. Population increase and increased urbanization in these regions require proper water supply solutions which are sustainable. On the same note, climate change has also affected availability of water since it has disrupted precipitation and has contributed to frequent drought periods which has further accelerated the use of desalination.
Some of the latest developments that have occurred in the desalination equipment market include high-performance membrane technologies that consume less energy and operating costs. With the help of nanotechnologies, new filters which are more penetrable and more wear-resistant membranes are being invented. Besides, the incorporation of renewable energy including solar and wind into seawater desalination is progressively emerging, thus resulting in sustainable solutions.These innovations are driving the market towards greater efficiency. The above-mentioned factors are driving the water desalination equipment market growth.
Comprehensive Analysis Water Desalination Equipment Market
Water desalination market is classified by technology, source, plant capacity, and end-users to cater all the requirements. The technologies include Multi-Stage Flash (MSF) Distillation, Multi-Effect Distillation (MED), Reverse Osmosis (RO), Electrodialysis (ED) and Nanofiltration (NF) are suited for different desalination needs depending of efficiency or cost. Water source can be sea water, brackish water, river water or others and this has impact on the technology and scale of the plant. Plant capacities vary between 1000m³/day and more than 50000m³/day thus catering for all operations sizes. Municipal, industrial, irrigation, and power systems are all end-users; they have unique needs for desalinated water that define the market technology and capacity options.
North America has shown significant growth in water desalination equipment market share especially due to the scarcity in water and the need for clean water. These involve the United States and Mexico which have been involved in the adoption of desalination technologies especially for water supply in arid and semi-arid regions.
Key players in this sector include Toray Industries, Inc. (Japan), SUEZ Group (France), Sulzer Ltd (Switzerland), DuPont (U.S.), Aquatech International (U.S.), Guangzhou KangYang Seawater Desalination Equipment Co., Ltd. (China), AGUAPURA USA, Inc. (U.S.), ForeverPure Corporation (U.S.), Sep-Pro Systems, Inc. (U.S.)
The highlight of 2023 was the advent of low-energy reverse osmosis membranes. These new membranes cut down energy utilization and overall expenses many folds as they have improved salt rejection rate and are less prone to fouling. Also, new developments are beginning to embrace integration of both solar and wind powers with conventional procedures of desalination yielding beneficial results of affordability as well as sustainability. It is expected that these changes will raise the efficiency and reduce the negative effects of desalination procedures on the environment.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 8.6% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Technology
- Multi-Stage Flash (MSF) Distillation
- Multi-Effect Distillation (MED)
- Reverse Osmosis (RO)
- Electrodialysis (ED)
- Nanofiltration (NF)
- Others
By Source
- Sea Water
- Brakish Water
- River Water
- Others
By Plant Capacity
- >50,000 m3/d
- 10,000-50,000 m3/d
- 1,000-10,000 m3/d
- <1000 m3/d
By End-user
- Municipal
- Industry
- Irrigation
- Power Systems
- Others
By Geography
- North America (By Technology, By Source, By Plant Capacity, By End-user)
- Europe (By Technology, By Source, By Plant Capacity, By End-user, By Country)
- German (By End-user)
- Italy (By End-user)
- Spain (By End-user)
- Rest of Europe (By End-user)
- Asia Pacific (By Technology, By Source, By Plant Capacity, By End-user, By Country)
- China (By End-user)
- India (By End-user)
- Japan (By End-user)
- Australia (By End-user)
- Southeast Asia (By End-user)
- Rest of Asia Pacific (By End-user)
- Latin America (By Technology, By Source, By Plant Capacity, By End-user, By Country)
- Chile (By End-user)
- Mexico (By End-user)
- Rest of Latin America (By End-user)
- Middle East & Africa (By Technology, By Source, By Plant Capacity, By End-user, By Country)
- Saudi Arabia (By End-user)
- Kuwait (By End-user)
- UAE (By End-user)
- Qatar (By End-user)
- Oman (By End-user)
- Israel (By End-user)
- North Africa (By End-user)
- Rest of Middle East & Africa (By End-user)
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