Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 7.2 Billion | USD 13.2 Billion | 9.6% | 2021 |
FrequentlyAsked Questions
Expansion of water desalination equipment industry over forecast period is subject to huge water shortage and reduction in water reserves such as lakes, river, ponds, & seas.
According to Zion market research report, The global Water Desalination Equipment Market accrued earnings worth approximately 7.2 (USD Billion) in 2021 and is predicted to gain revenue of about 13.2 (USD Billion) by 2028, is set to record a CAGR of nearly 9.6% over the period from 2022 to 2028.
The Middle East and Africa will contribute sizably towards the global market value over the projected timeline. A massive surge in Water Desalination Equipment Market expansion in region over 2022-2028 can be attributed to consumption of water in sub-continent along with low presence of water bodies and water sources in sub-continent.
The key industry participants leveraging business landscape include GE Water & Process Technologies, Hyflux Ltd, Genesis Water Technologies, Koch Membrane Systems, Cadagua, Doosan Heavy Industries & Construction, Degremont SAS, IDE Technologies, Biwater Holdings Limited, and The Dow Chemical Company.
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