What is Desalination Plants Market?
A desalination plant is highly used in industrial sectors for a chemical and physical process to reduce the salt concentration from the target substance intended for drinking or industrial purposes. Desalination plants reduce the occurrence of salt-induced corrosion of any metal in contact with treated water and by reducing the salt concentration from the water it is suitable for human consumption.
Highlights from Desalination Plants Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Koch Membrane System (United States), Acciona (Spain), IDE Technologies (Israel), IVRCL (India), Hyflux Ltd. (India), Genesis Water Technologies (United States), Doosan Corporation (South Korea), General Electric (United States), Shakunth Aqua Products (India) and Almar Water Solutions (Spain) |
Global Desalination Plants is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Koch Membrane System (United States), Acciona (Spain), IDE Technologies (Israel), IVRCL (India), Hyflux Ltd. (India), Genesis Water Technologies (United States), Doosan Corporation (South Korea), General Electric (United States), Shakunth Aqua Products (India) and Almar Water Solutions (Spain) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Biwater Holdings Limited (United Kingdom), Cadagua (Spain) and METITO (India). Desalination Plants Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Municipal and Industrial |
Type | Solar distillation, Natural evaporation, Vacuum distillation, Multi-stage flash distillation and Others |
Technology | Distillation,Osmosis,Others |
Source | Sea,River,Brackish,Others |
On the basis of geography, the market of Desalination Plants has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Water Scarcity around the Globe
Market Growth Drivers:
High Population Rate coupled with Rising Water Need and Rising Shortage of Water and Freshwater Supplies for Various Applications
Challenges:
High Production Cost and Stringent Government Regulations on the Desalination Plants Especially in Sea Water
Restraints:
Environmental Impacts Associated with the Construction of Desalination Plants includes and Reverse Osmosis Plants Produce High TDS (Total Dissolved Solids) Concentrates Which Contains Toxic Chemicals
Opportunities:
Rapid Urbanization and Industrialization in Developed and Developing Countries create opportunities for the Desalination Plants Market Growth.
Key Target Audience
Desalination Plants Manufacturers, Desalination Plants Distributors and Suppliers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Market Leaders & Development Strategies
On 21st October 2020, Almar Water and HA Utilities JV acquired desalination plants in Egypt. The acquisition adds to JV’s first portfolio. The acquisition is primarily set up to draw the extensive local and sector experience of HAH and Almar Water Solutions.
As per the Water Works Association article, “desalination can help to provide a reliable source of drinking water for a community as long as that community is prepared to accept the costs.”