The market is expected to generate an incremental $ opportunity of US$ 7,028.8 Mn between 2022 and 2032
Category: Clean Energy & Power Published Date : October 2022 ID: CVC-00331 Format: PDF Pages: 300
Global Water Desalination Equipment System Market Size Analysis
According to a research survey conducted by ChemView Consulting, in 2022, the Global Water Desalination Equipment System Market was worth US$ 6,745.9 Mn and is expected to grow at a CAGR of 7.4% over the forecast period. While the historical CAGR is 6.8%, the market is expected to hit US$ 13,774.7 Mn by 2032 end.
Equipment for desalinating water is used in industry to clean brackish water, seawater, or other water sources. Desalination technology allows it to extract salts and minerals from various water sources, including industrial feed, wastewater, wells, and others, and then transform those waters into freshwater or potable water. As a result, the machinery is frequently employed in many different industries, including oil and gas, mining, agriculture, chemical, and municipal contexts.
GROWING WATER SCARCITY AND DEPLETION OF FRESHWATER SOURCES PUSHES THE MARKET FORWARD
Only 3% of the 71% of the earth’s surface covered by water is pure water that may be used for agriculture and drinking. Water conservation is essential to guarantee the long-term supply for consumption and other applications. According to UNICEF, at least 2,000 million people utilize tainted drinking water sources, and 785 million people lack access to clean drinking water globally. The United Nations (UN) estimates that water consumption has been rising at a 1% per year since the 1980s. This growth trend will continue until 2050 due to rapid population increase, socioeconomic development, and shifting consumption habits.
Nearly half of the world’s population is anticipated to experience water scarcity by 2030. The bulk (2.5%) of all freshwater resources is in a frozen condition in the form of icecaps. Only 1% of all freshwater resources are readily accessible to humans for direct consumption. The need for water desalination technology has increased due to the expanding world population and diminishing freshwater resources.
SCALING AND FOULING ISSUES ASSOCIATED WITH RO MEMBRANES restrains the growth
The fouling that develops on the membrane’s surface or in its holes is a significant issue when employing RO membranes. Both cellulose-based and thin-film composite membranes can foul. There are four kinds of fouling: organic, scaling, colloidal, and biological. Scaling in desalination facilities is mostly caused by salt saturation on the membrane surface, and fouling shortens the membrane’s lifespan and flux. Disinfectants, anti-scaling, and other pre-treatments can help control it, but they raise operating costs. It persists and continues to be a crucial area for membrane quality improvement.
Market Segments Covered in Report
By Region and Country:
Why does reverse osmosis remain highly sought-after?
The demand for reverse osmosis technology is anticipated to expand at a healthy rate because of its advantages, including low installation costs, ease of processing, the capacity to treat all types of feed water, and minimal chemical use, allowing the category to have the greatest share of the market. The segment is also anticipated to grow the fastest during the projected period.
Which product accounts for dominant share in water desalination equipment systems market?
The rapid development rate of the membranes market may be ascribed to the fact that these membranes are excellent for use in municipal applications because of their high water permeability and impermeability to dissolved salts and particle matter.
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.
The market comprises national and international companies that design, produce, and sell water desalination machinery. A competitive market environment is anticipated as the number of companies grows.
The key developments of the Global Desalination Equipment Market are:
A list of some of the key suppliers present in the market are:
Global Water Desalination Equipment System Market 2022-2032: Report Coverage and Highlights
|Historical data available for||2017-2021|
|Market analysis||USD Million for Value and Tons for Volume, and CAGR from 2022 to 2030|
|Key regions covered||North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa|
|Key countries covered||US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt|
|Key segments covered||By Technology, Application, Product, and Region|
|Customization scope||Available upon Request|
|Pricing and purchase options||Available upon Request|