Desalination System Market Size and Growth Rate:
According to the Research Report, the Global Desalination System Market Size is expected to Reach a CAGR of approximately 9.70% between 2018 and 2023.
Desalination System Market - Drivers and Restraints:
Desalination systems are used to extract or remove salt from seawater and produce cleaner water for human consumption, irrigation, and various industrial uses. The availability of fresh water for consumption is very low and decreases more rapidly. With the growing demand for fresh water, there is a need for an alternative source of fresh water. This problem can be solved by using a desalination system, which turns the unusable sea water into fresh water, by removing the salt and various minerals from the sea water. Desalination system works by using either electrical, thermal, or chemical energy.
However, high maintenance costs and huge capital investments are holding back the growth of the market. The advances in the desalination system are leading to the development of new techniques such as solar distillation, which opens the doors to different growth opportunities in the market.
Desalination System Market – Regional Presence:
The Middle East and Africa is expected to show significant growth during the forecast period as a result of numerous large-scale projects in the Red Sea and Gulf regions. The demand for desalination systems in the region is mainly due to the growing demand for water for human, industrial and agricultural consumption. In addition, population growth, rapid urbanization and the limited availability of surface water have increased in countries such as Saudi Arabia, the United Arab Emirates, Egypt, Iran, Kuwait, Oman, and South Africa, among others. This, in turn, has increased the consumption of fresh water, fueling the demand for desalination systems in the region.
Some of the Prominent Companies leading the Global Desalination System Market Profiled in the Report are:
- Acciona Inc
- Veolia
- Doosan Heavy Industries
- Suez
- Fisia Italimpianti SpA
- IDE Technologies Limited
- Hyflux Ltd
- DowDuPont
The Research Report segments the Desalination System Market into the following submarkets:
Desalination System Market - By Desalination method:
- Thermal desalination processes
- Instantaneous multi-stage distillation (MSF)
- Multi-effect distillation (MED)
- Vapor compression distillation (VCD)
- Membrane desalination processes
- Electrodialysis (ED)
- Electrodialysis inversion (EDR)
- Reverse osmosis (RO)
- Ion exchange
- others
Desalination System Market - By Application:
- Municipalities
- Hotels
- Resorts on the island
- Industries
- Emergency drinking water supply systems
- Marine platforms
- others
Desalination System Market – By Region:
- North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Latin America
- Middle-East & Africa