The
Global Water Desalination Market is Estimated to Witness High Growth Owing to
Rising Scarcity of Freshwater Resources
The global
water desalination market is witnessing robust growth owing to rising scarcity
of freshwater resources around the world along with growing population. Water
desalination involves removing salts and minerals from sea water or brackish
water to make it suitable for human consumption. Techniques such as reverse
osmosis, multi-stage flash distillation, multi-effect distillation are commonly
used for water desalination. Countries in the Middle East, Australia and South
Asia are heavily reliant on desalinated water to meet their rising freshwater
demands.
The Global water desalination market is estimated to be
valued at US$ 17.47 Bn in 2024 and is expected to exhibit a CAGR of 8.7% over
the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the global water desalination market are Acciona,
Biwater Holdings Limited, Aquatech International LLC, IDE Technologies, Veolia
Water Technologies, Doosan Heavy Industries Construction, Genesis Water
Technologies, SUEZ Group, Aqua Filsep Inc., Hatenboer-water, Triveni
Engineering Industries Ltd., Webuild Group, Barka Desalination Company, Fluence
Corporation Limited, and Marine Water Production AS. These players are focusing
on capacity expansion and developing new desalination plants to cater to the
rising freshwater demands.
The Global
Water Desalination Market Demand developing new energy-efficient
desalination technologies to reduce operational costs. Countries in the Middle
East, South Asia and Africa present significant growth opportunities owing to
limited freshwater resources and rapidly growing population. Manufacturers are
focusing on expanding their portfolio through strategic partnerships and
acquisitions to gain access to new regional markets.
Global expansion of the water desalination market is driven by growing
international collaboration between countries facing water stress. Countries in
the Middle East and North Africa are extensively collaborating with countries
in Asia Pacific and Africa to develop and finance new desalination plants.
Manufacturers are also expanding their global footprint by establishing
production and technical service centers across high growth regions to better
serve regional demands.
Get
More Insights On, Global
Water Desalination Market
Explore
More Related Article On, Molybdenum
Market
For
More Insights Discover the Report In language that Resonates with you
Please complete the following requested information to flag this post and report abuse, or offensive content. Your report will be reviewed within 24 hours. We will take appropriate action as described in Findit terms of use.