Home Press Releases Water Desalination Equipment Market Size Worth $19.65 Billion By 2028 | CAGR: 8.9%

Water Desalination Equipment Market Size Worth $19.65 Billion By 2028 | CAGR: 8.9%

The global water desalination equipment market size is expected to reach USD 19.65 billion by 2028 according to a new study by Polaris Market Research. The report “Water Desalination Equipment Market Share, Size, Trends, Industry Analysis Report, By Source (Sea Water, Brackish Water, River Water, Others); By Technology; By Application; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Rapid industrialization, scarcity of rainfall, and increasing population in many parts of the world are the major driving forces driving the growth of the global market. Advancement in technologies and increased investments to build new plants in various parts of the world provide an excellent opportunity for the international market to grow in the coming years.

 

Globally, there is a severe aqua scarcity that is affecting an estimated 1 billion people. Rapid industrialization is also worsening the condition, with 19% of total H2O withdrawals across the globe are used for industrial purposes. All these factors will increase the demand for fresh H2O, which will augment the growth of the equipment market.

 

Governments across the globe are investing in building new plants to fulfill industrial and domestic needs, which will significantly contribute to the growth of this market. For instance, in 2020, India planned to build a 400 MLD capacity sea H2O reverse osmosis plant in Chennai, and the plant is expected to be operational by 2024.

 

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Recently, Singapore opened its first large-scale plant named Keppel Marina East Desalination Plant that is capable of treating both sea H2O and fresh aqua to produce about 30 million gallons of fresh drinking H2O every day. The new desalination plants will increase the demand for new equipment in the market.

 

There is a rapid advancement in the development and adoption of novel energy-efficient technologies in desalination plants. Companies focus on building plants that employ solar energy, wind energy, and tidal energy to generate fresh aqua. In June 2021, The Red Sea Development Company (TDC) opened the first desalination plant using wind and solar power in Saudi Arabia that will help significantly reduce carbon emissions.

 

The emergence of COVID-19 is expected to have a negative impact on the equipment market due to the lockdown imposed in many parts of the world that have disrupted the supply chain of equipment and have resulted in the shortage of labor, which will hinder the progress of construction of plants across the globe.

 

Polaris Market Research has segmented the water desalination equipment market report on the basis of technology, source, application, and region:

 

Water Desalination Equipment, Technology Outlook (Revenue – USD Million, 2016 – 2028)

  • Reverse Osmosis
  • Multi-Stage Flash (MSF) Distillation
  • Multi-Effect Distillation (MED)
  • Others

Water Desalination Equipment, Source Outlook (Revenue – USD Million, 2016 – 2028)

  • Sea
  • Brackish
  • River
  • Others

Water Desalination Equipment, Application Outlook (Revenue – USD Million, 2016 – 2028)

  • Municipal
  • Industrial
  • Others

Water Desalination Equipment, Regional Outlook (Revenue – USD Million, 2016 – 2028)

  • North America
    • U. S.
    • Canada
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Austria
    • Netherlands
  • Asia Pacific
    • China
    • Japan
    • India
    • Indonesia
    • Malaysia
    • South Korea
  • Latin America
    • Brazil
    • Argentina
    • Mexico
  • Middle East & Africa
    • Israel
    • Saudi Arabia
    • South Africa
    • UAE

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