25-Mar-2022 | Zion Market Research
According to study of Zion Market Research, Water Desalination Equipment industry accumulated revenue approximately about US$ 7.2 billion in 2021 and is set to gain returns of nearly US$ 13.2 billion by 2028, is projected to record massive gains of nearly 9.6% in period from 2022 to 2028. In addition to this, expansion of water desalination equipment industry over ensuing years is due to escalating product demand owing to water scarcity issues as well as depletion of water bodies across globe. Global warming and fluctuating seasonal cycles has resulted in extreme temperatures leading to water problems. This has translated into humungous penetration of water desalination equipment penetration across globe. Swift industrialization & urbanization will contribute significantly to massive growth in size of water desalination equipment market. Growing use of hybrid desalination systems will open new growth opportunities for water desalination equipment in near future. Nonetheless, scaling & fouling problems related to RO membranes will put brakes on expansion of water desalination equipment market.
Reverse Osmosis (RO) Segment To Lead Technology Landscape By 2028
Growth of reverse osmosis (RO) segment in ensuing years is subject to massive use of this novel technology in emerging economies as it is easy to operate and simple design. Apart from this, growing demand for technology is due to its low deployment costs and easy processing ability.
Municipalities Segment To Contribute Substantially Towards Market Earnings Over 2022-2028
Expansion of segment in next six years can be credited to humungous use of water desalination equipment in municipalities with rise in population due to migration of people from rural areas to cities in search for employment. Governments of developing nations are investing heavily in waste-water treatment projects, thereby fulfilling growing demand for clean water. This has resulted in enhanced acceptance of water desalination equipment in municipalities.
Middle East & Africa To Lead Regional Market Growth In Forecasting Period
Surge in progression of water desalination equipment market in Middle East & African region is due to rise in investment of waste water management programs by regional government. A noticeable increase in population has further contributed towards regional market size.
Some of key participants have lucratively impacted progress of water desalination equipment industry and is anticipated to do so even in ensuing years. They are Biwater Holdings Limited, Koch Membrane Systems, GE Water & Process Technologies, Degremont SAS, Hyflux Ltd, Genesis Water Technologies, Cadagua, Doosan Heavy Industries & Construction, IDE Technologies, and The Dow Chemical Company.
Browse the full “Water Desalination Equipment Market- By Technology (Reverse Osmosis (RO) and Multi-stage Flash (MSF) Distillation), By Application (Municipalities and Industrial Sectors), and By Source (Seawater and Brackish Water): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2022–2028.” Report at https://www.zionmarketresearch.com/report/water-desalination-equipment-market
The global Water Desalination Equipment Market is segmented as follows:
By Technology
By Application
By Source
By Region
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