Water Desalination Market Scope
Desalination is a method aimed at extracting salts and impurities from seawater or brackish water, rendering it suitable for various purposes such as human consumption, agricultural irrigation, and industrial applications. The fundamental objective of desalination is to generate a freshwater supply, particularly in areas confronted with water scarcity or those lacking adequate freshwater resources to accommodate the increasing demand.Water desalination is using different technologies like reverse osmosis, capacitive deionization, electro dialysis, multistage flash desalination, others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | SUEZ (France), Veolia (France), Doosan Heavy Industries & Construction (South Korea), ACCIONA (Spain), IDE Water Technologies (Israel), Genesis Water Technologies (United States), Biwater Holdings Limited (United Kingdom), Mitsubishi Chemical Corporation (Japan), Aquatech International LLC (China) and Aqua FilSep Inc. (India) |
CAGR | 8.7% |
The Water Desalination is a Consolidted Market. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global water desalination industry Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Water Desalination market throughout the predicted period.
SUEZ (France), Veolia (France), Doosan Heavy Industries & Construction (South Korea), ACCIONA (Spain), IDE Water Technologies (Israel), Genesis Water Technologies (United States), Biwater Holdings Limited (United Kingdom), Mitsubishi Chemical Corporation (Japan), Aquatech International LLC (China) and Aqua FilSep Inc. (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Degremont (France), IDE Technologies (India), Acciona (Spain), Veolia (France), Fisia Italimpianti (Italy) and Hyflux (Singapore).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Water Desalination market by Type , by Application (Industrial, Municipal and Others) and Region with country level break-up.
On the basis of geography, the market of Water Desalination 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In January 2021,SUEZ announces that it has finalized the asset purchase of the Reverse Osmosis (RO) membrane product line from specialty chemical company LANXESS. With this acquisition, SUEZ integrates a new complementary RO membranes technology, these membranes will complete the offer of Water Technologies & Solutions’ division and will enable SUEZ to provide customers with ever-greater support in the area of water treatment.
In December 2021, IDE Water Technologies, a global leader in water treatment solutions, today announced the successful launch of its new drinking water plant on the Caribbean island of Bonaire. The new facility now produces 5,600 m3/d of drinking water to help with the output of an existing facility that processes 1,600 m3/d of seawater, to meet the demands of Bonaire’s nearly 22,500 inhabitants.
Influencing Trend:
Increasing focus on integrating renewable energy sources such as solar and wind to power desalination plants and Adoption of modular and containerized desalination units for flexibility, scalability, and ease of deployment
Market Growth Drivers:
The growing population, rapid urbanization & industrialization has increased the demand for potable water and Growing global water urging the need for alternative water sources such as desalination
Challenges:
Competing with conventional freshwater sources in terms of cost and social acceptance
Restraints:
High Capital and Maintenace Costs and Desalination plants require substantial upfront investment, making them financially challenging for some regions
Opportunities:
Emerging new & advanced hybrid desalination technologies and Prevalent need for water Scarcity Managment
Key Target Audience
Manufacturing, Investors, Government Authorities and Others