Water Desalination Equipment System Market Overview
According to a research survey conducted by ChemView Consulting, the current valuation of the Global Water Desalination Equipment System Market is worth US$ 6,745.9 Mn in 2022. The market value of stainless steel is expected to reach US$ 13,774.7 Mn by 2032, growing at a CAGR of 7.4% over the forecast period.
The industry uses equipment for desalinating water to clean brackish water, seawater, or other water sources. Desalination technology allows it to extract salts and minerals from various water sources, including industrial feed, wastewater, wells, and others, and then transform those waters into freshwater or potable water. As a result, the machinery is frequently employed in many different industries, including oil and gas, mining, agriculture, chemical, and municipal contexts.
ChemView Consulting has analyzed that nearly half of the world’s population is anticipated to experience water scarcity by 2030. The bulk (2.5%) of all freshwater resources are in a frozen condition in the form of icecaps. Only 1% of all freshwater resources are readily accessible to humans for direct consumption. The need for water desalination technology has increased due to the expanding world population and diminishing freshwater resources.
The demand for reverse osmosis technology is anticipated to expand at a healthy rate because of its advantages, including low installation costs, ease of processing, the capacity to treat all types of feed water, and minimal chemical use, allowing the category to have the greatest share of the market. The segment is also anticipated to grow the fastest during the projected period.
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Segments Covered in Report
By Technology:
- Reverse Osmosis
- Multi-stage flash Distillation
- Multiple-effect distillation
- Others
By Application:
- Municipal
- Industrial
- Others
By Product:
- Membranes
- Pumps
- Evaporators
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Water Desalination Equipment System Market
- Based on the technology, the demand for reverse osmosis technology is anticipated to expand at a healthy rate because of its advantages, including low installation costs, ease of processing, the capacity to treat all types of feed water, and minimal chemical use, allowing the category to have the greatest share of the market. The segment is also anticipated to grow the fastest during the projected period.
- Based on the product, membranes will continue to be a major product area for Water Desalination Equipment Systems globally
- With a market share of 34.0%, the MEA area is predicted to be the water desalination equipment’s largest market. The significant market share of the MEA region is primarily caused by the region’s low consumable water availability, water shortage, and rapid decline in consumable water quality.
Competition Summary
Key companies covered in the market study are General Electric, Doosan Heavy Industries and Co, Acciona SA, Genesis Water Technologies, Koch Membrane Systems, Degremont Sas, IDE Technologies, Hyflux Ltd, Biwater Holdings Limited, Cadagua Solvay S.A., Ferrovial, Abengoa, Fisia Italimpianti S.p.A., Xylem, Acciona, S.A., Aquatech International LLC, Veolia, Guangzhou KangYang Seawater Desalination Equipment Co., Ltd., Dow.
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Report Key Highlights
- Detailed information on factors that will assist Global Water Desalination Equipment System’s growth during the next ten years
- Assessment of the historical and current Global Water Desalination Equipment System Market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
- The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
- Segment-wise, country-wise, and region-wise market analysis
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
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