According to IMARC Group’s latest report, titled “Water Desalination Equipment Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global water desalination equipment market grew at a CAGR of around 8% during 2015-2020. Looking forward, the market is expected to continue its moderate growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Water desalination equipment is an industrial device designed for the purification of brackish and seawater water. It separates dissolved minerals and salts from several water sources, such as rivers, oceans, streams, industrial feed, wastewater, etc., and converts them to potable and freshwater. It utilizes various techniques, such as nanofiltration (NF), reverse osmosis (RO), electrodialysis (ED) and ED reversal (EDR). Moreover, these devices have minimal maintenance costs and offer a high Gain Output Ratio (GOR). As a result, the equipment finds widespread applications across various industries, including oil and gas, agriculture, municipality, chemical, mining, etc.
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Rapid industrialization, coupled with the growing requirement for effective and efficient wastewater management systems worldwide, is primarily driving the market growth. Furthermore, the depleting levels of freshwater reserves are also propelling the demand for water desalination equipment. In line with this, the governments of various nations are increasingly investing in the development of water desalination plants to maintain the supply of drinkable water. Additionally, numerous technological advancements, such as the introduction of hybrid desalination process equipment and multi-stage (MSF) distillation technology, are acting as another growth-inducing factor. Besides this, the increasing adoption of compact water purification and desalination equipment by the residential and commercial sectors is projected to further drive the market growth in the coming years.
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List of Key Companies Covered in this Market Report:
- Abengoa, Acciona S.A.
- Biwater Holdings Limited
- Doosan Heavy Industries & Construction Co. Ltd.
- Genesis Water Technologies
- IDE Technologies
- Koch Separation Solutions Inc.
- The Dow Chemical Company
- Veolia Environnement S.A.
- Xylem Inc.
Breakup by Technology:
- Reverse Osmosis
- Multi-Stage Flash (MSF) Distillation
- Multi-Effect Distillation (MED)
- Others
Breakup by Source:
- Seawater
- Brackish Water
- River Water
- Others
Breakup by Application:
- Municipal
- Industrial
- Others
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
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