Water Desalination Equipment Industry Overview
The global water desalination equipment market size was valued at USD 13.12 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.1% from 2020 to 2028. Factors including rapid urbanization, growing population, and rising water scarcity in several parts of the world are expected to drive the demand for water desalination equipment over the forecast period. During the COVID-19 pandemic, various construction sites and manufacturing companies were shut in 2020, resulting in hampering the demand for water desalination equipment. However, as the world has started returning to normalcy from the beginning of 2021, the demand for water desalination equipment is expected to witness growth as the governments of various countries are planning to invest in water treatment solutions to meet water scarcity issues.
Gather more insights about the market drivers, restraints, and growth of the Global Water Desalination Equipment market
The U.S. passed a new Public-Private Partnership law to encourage domestic investments in the renovation and new construction of water purification plants and desalination facilities. In addition, increasing measures for providing a safe and reliable water supply to the people in the country amidst the COVID-19 outbreak have resulted in driving the demand for water treatment, especially desalination, in the country.
The natural desalination process, i.e., solar desalination evaporation (rains), is the primary source of fresh water on the earth. The scarcity of freshwater reserves, coupled with the rising demand for water in various arid regions as these areas lack sources of surface water, such as lakes and rivers, has resulted in augmenting the number of desalination plants globally.
The industrialization has strained water resources globally. The development of industrial-based processes requires a large amount of water for manufacturing and other functions. Increasing demand for water by industrial end users, such as oil and gas, paper and pulp, and food and beverage, is anticipated to further drive the demand for water desalination plants, thereby, augmenting the market growth.
The use of digital technology in desalination plants to manage operations and improve monitoring, process control, and risk detection is likely to supplement the market growth. Technological advancements in the desalination industry are aimed at achieving a variety of goals, including minimizing brine output and disposal and improving freshwater yield.
Browse through Grand View Research's Water & Sludge Treatment Industry Research Reports.
Industrial Water Treatment Chemicals Market - The global industrial water treatment chemicals market size was estimated at USD 13.11 billion in 2017. Declining availability of fresh and potable water, primarily in the Middle East and Africa as well as Asia Pacific, is anticipated to propel need to treat wastewater over the forecast period.
Europe Industrial Water Treatment Chemicals Market - The Europe industrial water treatment chemicals market size was valued at USD 2.93 billion in 2018 and is expected to register a CAGR of 3.6% from 2019 to 2025.
Water Desalination Equipment Market Segmentation
Grand View Research has segmented the global water desalination equipment market on the basis of source, technology, application, and region:
Water Desalination Equipment Source Outlook (Revenue, USD Billion, 2017 - 2028)
- Seawater
- Brackish Water
- River Water
- Others
Water Desalination Equipment Technology Outlook (Revenue, USD Billion, 2017 - 2028)
- Reverse Osmosis (RO)
- Multi-stage Flash (MSF) Distillation
- Multi-effect Distillation (MED)
- Others
Water Desalination Equipment Application Outlook (Revenue, USD Billion, 2017 - 2028)
- Municipal
- Industrial
- Others
Water Desalination Equipment Regional Outlook (Revenue, USD Billion, 2017 - 2028)
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa
Market Share Insights:
July 2020: Abu Dhabi Department of Energy (DoE) started the construction of the largest water desalination plant in the world at Al Taweelah Power and Water complex, which is slated to be completed by 2022
Key Companies profiled:
Some prominent players in the global Water Desalination Equipment market include
- Acciona S.A.
- Doosan Heavy Industries & Construction
- Veolia
- SUEZ
- IDE Technologies
- Xylem
- Aquatech International LLC
- Biwater Holdings Limited
- Genesis Water Technologies
- Guangzhou KangYang Seawater Desalination Equipment Co., Ltd. (KYSEARO)
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