Market Research Future (MRFR) has published a cooked research report on the “Global Water Desalination Market” that contains information from 2023 to 2030. The Global Water Desalination Market is estimated to register a CAGR of 8.93% during the forecast period of 2023 to 2030.
MRFR recognizes the following companies as the key players in the Global Water Desalination Market— Acciona, Biwater Holdings Limited, Aquatech International, IDE Technologies, Veolia Water Technologies, Doosan Heavy Industries & Construction, Genesis Water Technologies, SUEZ Group, and Aqua Filsep Inc.
The Global Water Desalination Market is accounted to register a CAGR of 8.93% during the forecast period and is estimated to reach USD 33.38 Billion by 2030.
Water desalination, or desalination, is the process of purifying seawater or brackish water to obtain fresh, drinkable water. This essential procedure involves various methods, such as distillation and membrane processes like reverse osmosis, to separate salt and impurities from the water, ensuring its suitability for human consumption and other vital uses. Often utilized in regions with limited access to freshwater sources, desalination plays a crucial role in addressing water scarcity challenges, though it comes with energy-intensive processes and environmental considerations that continue to shape its development and implementation.
The Global Water Desalination Market has been segmented based on Source and Technology.
Based on Source, the market is segmented into Seawater, Brackish water, Surface Water (River and Stream), Wastewater, and Others. The dominance of the Seawater category in the Water Desalination market is attributed to advancements in desalination technologies enabling efficient extraction of minerals from seawater.
Based on Technology, the market is segmented into Membrane Technology [Reverse Osmosis, Electrodialysis, Electrodialysis Reversal, Membrane Distillation, Nanofiltration And Other Membrane Technology] And Thermal Technology [Multi-stage Flash Distillation, Multi-effect Distillation And Vapor Compression Distillation]. The dominance of the Membrane Technology category in the Water Desalination market is driven by its ability to effectively remove salt and impurities through selective filtration, offering a more energy-efficient and cost-effective solution.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Water Desalination Market Research Report
The Global Water Desalination Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Water Desalination Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Water Desalination Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Water Desalination Market comprises of Middle East, Africa, and Latin America.
The Water Desalination Market in the Middle East & Africa is primarily propelled by the scarcity of water, necessitating significant reliance on desalination to cater to the population's consumption needs. The region's arid climate exacerbates water scarcity, intensifying the use of seawater desalination. Notably, the UAE holds a substantial position in the water desalination market to ensure regional water supply.
In the Asia-Pacific water desalination market, the primary driving force is the escalating population growth, prompting an increased demand for water desalination. Particularly, the water desalination markets in China and India spearhead the regional market's expansion. With densely populated areas, expanding industries, and diminishing water resources, there is a growing dependence on water desalination systems to fulfill the surging water demand.
Key Findings of the Study
- The Global Water Desalination Market is expected to reach USD 33.38 Billion by 2030, at a CAGR of 8.93% during the forecast period.
- The Middle East & Africa Water Desalination Market is primarily propelled by the limited water resources, resulting in a significant reliance on desalination to satisfy the water needs of the populace. Harsh and arid climate conditions exacerbate the water scarcity issue, fostering higher utilization of seawater desalination. Notably, the UAE's water desalination sector plays a pivotal role in addressing regional water supply challenges.
- Based on the Technology, the Market has been segmented into Membrane Technology holding the largest market in 2023.
- Acciona, Biwater Holdings Limited, Aquatech International, IDE Technologies, Veolia Water Technologies, Doosan Heavy Industries & Construction, Genesis Water Technologies, SUEZ Group, and Aqua Filsep Inc.