Water Desalination Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global water desalination equipment market size reached US$ 10.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.1 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2022-2028.
Water desalination equipment refers to the industrial devices used for the purification of seawater and brackish water. They separate dissolved salts and minerals from various water sources, such as oceans, rivers, wells, streams, wastewater and industrial feed, and convert them to potable and freshwater. It utilizes various techniques, such as reverse osmosis (RO), nanofiltration (NF), electrodialysis (ED) and ED reversal (EDR). The separation processes use pressure and electrical force to pass water through the membrane and provide high-quality consumable water. As a result, the equipment finds extensive applications across various industries, including oil and gas, municipality, agriculture, chemical and mining industries.
Rapid industrialization, along with the increasing requirement for effective wastewater management systems across the globe, represents one of the key factors driving the growth of the market. Furthermore, the depleting levels of freshwater reserves is also driving the market growth. With the rising global population and deteriorating environmental conditions, such as the increasing occurrence of drought, altered weather patterns and deforestation, governments of various developing economies are increasingly investing in the development of water desalination plants. Additionally, various technological advancements, such as the development of hybrid desalination process equipment and multi-stage (MSF) distillation technology, are acting as other major growth-inducing factors. In comparison to the traditionally used technologies, MSF offers a high Gain Output Ratio (GOR), ease of operation, minimal maintenance costs and compatibility with dual-purpose power generation plants. Other factors, including extensive infrastructural developments, along with the increasing adoption of compact water purification and desalination equipment by the residential and commercial sectors, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global water desalination equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technology, source and application.
Breakup by Technology:
Reverse Osmosis
Multi-Stage Flash (MSF) Distillation
Multi-Effect Distillation (MED)
Others
Breakup by Source:
Seawater
Brackish Water
River Water
Others
Breakup by Application:
Municipal
Industrial
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Abengoa, S.A., Acciona, S.A., Biwater Holdings Limited, Doosan Heavy Industries & Construction Co. Ltd., Genesis Water Technologies, Inc., IDE Technologies, Koch Separation Solutions, Inc., The Dow Chemical Company, Veolia Environnement S.A., and Xylem, Inc.
Key Questions Answered in This Report:
How has the global water desalination equipment market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global water desalination equipment market?
What are the key regional markets?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the source?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global water desalination equipment market and who are the key players?
What is the degree of competition in the industry?