GLOBAL WATER DESALINATION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The global water desalination market is estimated to be valued at USD 17.47 Bn in 2024, growing at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031. The global water desalination market has been witnessing significant growth in the recent years. Water desalination refers to the process of removing salt and other minerals from saline water sources such as seawater and brackish water, thereby producing fresh water that is fit for human consumption, agriculture or other industrial applications. Growing freshwater scarcity worldwide due to increasing population, rapid urbanization, and climate change is driving the need for alternative water sources and boosting the demand for desalination. Various desalination technologies, such as reverse osmosis, multi-stage flash distillation, and multi-effect distillation, are increasingly being utilized to treat saltwater and produce potable water on a large scale. Countries in the Middle East, Asia Pacific, and North Africa have especially emerged as major markets given their limited freshwater resources and dependence on desalination for meeting rising domestic and industrial water needs. The market is anticipated to grow at an accelerated pace over the coming years.

 Market Dynamics:

The global water desalination market is driven by several factors such as growing freshwater scarcity, increasing demand for freshwater from industrial and municipal applications, rapid urbanization and population growth, and positive government support through subsidies and incentives for desalination plant development. However, high energy consumption during desalination and the associated high capital and operational costs remain key challenges restricting broader adoption. On the other hand, continuous technological advancements leading to more energy-efficient desalination systems, growing reuse of treated wastewater, and increasing uptake of renewable energy to power desalination plants are expected to present lucrative growth opportunities for market players. Players are actively focusing on developing innovative and cost-effective desalination solutions to capitalize on existing demand and further propel the market outlook.

 Key Features of the Study:

• This report provides an in-depth analysis of the global water desalination market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global water desalination market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Acciona, Biwater Holdings Limited, Aquatech International LLC, IDE Technologies, Veolia Water Technologies, Doosan Heavy Industries & Construction, Genesis Water Technologies, SUEZ Group, Aqua Filsep Inc., Hatenboer-water, Triveni Engineering & Industries Ltd., Webuild Group, Barka Desalination Company, Fluence Corporation Limited, and Marine Water Production AS
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global water desalination market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global water desalination market

Detailed Segmentation-

• By Technology:
• • Reverse Osmosis (RO)
  • Multi-Stage Flash (MSF)
  • Multi-Effect Distillation (MED)
  • Others
• By Source:
• • Sea Water
  • Brackish Water
  • Wastewater
  • Others
• By Application:
• • Municipal
  • Industrial
  • Others
• By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • Acciona
  • Biwater Holdings Limited
  • Aquatech International LLC
  • IDE Technologies
  • Veolia Water Technologies
  • Doosan Heavy Industries & Construction
  • Genesis Water Technologies
  • SUEZ Group
  • Aqua Filsep Inc.
  • Hatenboer-water
  • Triveni Engineering & Industries Ltd.
  • Webuild Group
  • Barka Desalination Company
  • Fluence Corporation Limited
  • Marine Water Production AS