Desalination Technologies Market Share, Size, Trends, Industry Analysis Report, By Technology (Reverse Osmosis, Multi-Stage Flash, Multi-Effect Distillation); By Application; By Region; Segment Forecast, 2023 – 2032
The global desalination technologies market size is expected to reach USD 42.76 billion by 2032, according to a new study by Polaris Market Research. The report “Desalination Technologies Market Share, Size, Trends, Industry Analysis Report, By Technology (Reverse Osmosis, Multi-Stage Flash, Multi-Effect Distillation); By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rapid population growth in urban areas worldwide has increased the demand for fresh for drinking, sanitation, and industrial use, along with the rise in the number of research and development activities in desalination technologies, which have made them more energy-efficient and cost-effective compared to various traditional technologies being used in the market, are among the prominent factors likely to influence the demand and growth of the market at extensive pace.
Additionally, innovations in desalination technologies, which aim to reduce the environmental impact of several processes such as energy consumption and brine disposal and growing proliferation among government authorities towards introducing initiatives supporting the desalination industry, are gaining huge traction and are likely to bode well for the global market over the coming years. For instance, in August 2023, Saudi Arabia’s National Water Company said that they have successfully launched USD 1.3 billion initiatives for 12 new major desalination projects across the strategic zones encompassing Al Ahsa, Qatif, Al Khobar, Dammam, and Jubail.
In recent years, there has been a growing focus and proliferation among leading research institutes worldwide towards developing advanced membrane materials with enhanced selectivity and higher durability that help to increase the overall efficiency of reverse osmosis systems and other membrane-based desalination processes while reducing energy consumption and leading to greater emphasis for the technology.
There is a continuous increase in the number of desalination technologies being introduced into the market that offer significantly improved and enhanced capabilities and features and are gaining popularity and traction as an effective and competitive alternative to RO and various other applications of reject brine.
Desalination Technologies Market Report Highlights
The reverse osmosis segment held a significant share on account of its beneficial characteristics like cost-effectiveness, easy processing, and higher flexibility
Municipal segment led the industry market with a noteworthy share, owing to increasing demand for safe drinking water among municipalities around the world
North America dominated the global market, which is mainly driven by the rapid adoption of innovative desalination technologies and growing investments in R&D projects
The key market players include Doosan Enerbility, DuPont de Nemours, Evoqua Water Technologies, IDEXX Technologies, and Veolia Water Technologies
Polaris Market Research has segmented the desalination technologies market report based on technology, application, and region:
Desalination Technologies, Technology Outlook (Revenue - USD Billion, 2023 - 2032)
Reverse Osmosis
Multi-Stage Finish
Multi-Effect Distillation
Desalination Technologies, Application Outlook (Revenue - USD Billion, 2023 - 2032)
Municipal
Industrial
Others
Desalination Technologies, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa