Every year over half the global population experiences forms of water scarcity. Besides, the water shortage also affects populated areas where supply is constrained. Further, with an increasing population, urbanization, and economic growth, water scarcity globally is projected to worsen. Hence, desalination is a good tool for water scarcity management. Desalination is a process in which the surplus salts are removed from seawater or brackish water, and making the water safer to drink. According to the publisher the Worldwide Desalination Market Size was valued at US$ 19.29 Billion in 2021.
With Evolution of Time Multi-Effect Distillation Is Becoming More Competitive at All Scales:
Multi-Stage Filtration has been the more competitive thermal technology for larger projects and Multi-Effect Distillation for smaller ones. Multi-Stage Filtration technology is highly preferred because of its lower risk and familiarity with the market, along with its application on a larger scale over a more extended period. Besides, with time's evolution, Multi-Effect Distillation is becoming more competitive at all scales.
Economies of scale favor the growth in the market for Multi-Effect Distillation and Multi-Effect Distillation advantages over Multi-Stage Filtration, such as lower energy requirements and lower capital costs, is likely to lead to more widespread adoption of Multi-Stage Filtration technology globally in the coming years.
Global Desalination Market will grow with a CAGR of 8.8% from 2021-2027:
In recent years, conventional approaches relying on rainfall and river runoff in water-scarce areas are no longer sufficient to meet human demands. Unconventional water resources, such as desalinated water, are expected to play a crucial role in narrowing the water demand supply gap. The major factors pushing the expansion of the desalination market are dwindling of water resources under the impact of changing rainfall patterns, rising temperatures, and over-exploitation.
Nevertheless, installing desalination plants and assuring their flourishing operation is a convoluted and multifaceted process dangling on capital and operational costs, water salinity, production capacity, geographical location, socio-economic and environmental conditions.
Middle East & Africa Dominate the Global Desalination Industry
In the wake of fast population growth coupled with climate change and environmental degradation, regions like the Middle East & Africa, North America, South America, Europe, and the Asia Pacific face increasing uncertainty in providing ample, safe, and sustainable resources of potable water. As per our analysis, Middle East & Africa dominate the regional market in the Global Desalination Industry. Moreover, Middle East & Africa has opted for large-scale desalination to reduce dependence on increasingly expensive imported water. The stable, efficient supplies of urban and industrial water that desalination provides are helping governments to manage a range of economic, social, and political risks.
On Global Outlook It Is Analysed That the Municipal Application Dominates the Industry:
The desalination market has various end uses that include municipal and industrial applications. Remarkably, in municipal or potable water applications, disinfection through a small chlorinator or corrosion control is often implemented. In addition, municipal desalination plants are located worldwide, particularly in Middle East & Africa.
Compared to the Middle East & Africa, North America, Europe, and Asia Pacific regions contain a more significant proportion of non-municipal desalination plants because industrial and power sectors constitute large market shares. Moreover, as per our analysis on the global outlook, it is analyzed that municipal application dominates over the industrial application.
Key Market Players:
The global desalination market consists of several primary and regional players that are engaged in the desalination industry. The major players in the Global Desalination Market are Acciona S.A., Veolia, Suez, Abengoa, Ferrovial S.A., Doosan Heavy Industries, Toyobo Co. Ltd., General Electric, Lanxess AG, and Mitsubishi Corporation.
These companies offer end-to-end services, including design, construction, start-up, plant operation, and maintenance of desalination facilities. During the study period, we have analyzed that the companies have adopted growth strategies such as contracts & agreements, investments & expansions, partnerships, collaborations, alliances & joint ventures to capture a larger share in the global desalination market.
COVID-19 Impact on Global Desalination Market:
During the COVID-19 pandemic, various construction spots and manufacturing companies were barred in 2020, resulting in the sluggish growth of the desalination industry. However, as the world has initiated returning to normalcy from the beginning of 2021, the demand for desalination has been witnessing growth as the governments of various countries are immensely investing in water treatment solutions to fulfill water scarcity issues.
In addition, augmenting measures for providing a safe and reliable water supply to the people in the country amidst the COVID-19 outbreak have driven the demand for water treatment, especially desalination globally.
This latest research report "Global Desalination Market, Forecast by Regions (Middle East & Africa, North America, South America, Europe, and the Asia Pacific), Technology (Reverse Osmosis, Multi-stage Filtration, Multi-effect Distillation), Application (Municipal, Industrial, Others), Company Analysis (Acciona S.A., Veolia, Suez, Abengoa, Ferrovial S.A., Doosan Heavy Industries, Toyobo Co. Ltd., General Electric, Lanxess AG, and Mitsubishi Corporation)” provides a detailed analysis of Desalination Industry.
Region - Market has been covered from 5 viewpoints:
- Middle East and Africa
- North America
- South America
- Europe
- Asia Pacific
Technology - Market has been covered from 3 viewpoints:
- Reverse Osmosis
- Multi-Stage Filtration
- Multi-Effect Filtration
Application - Market has been covered from 3 viewpoints:
- Municipal
- Industrial
- Others
Company Insights:
- Business overview
- Recent Development
- Sales Analysis
Key Players Analysis:
- Acciona S.A.
- Veolia
- Suez
- Abengoa
- Ferrovial,S.A.
- Doosan Heavy Industries
- Toyobo co.,ltd
- General Electric
- Lanxess A
- Mitsubishi corporation
What is the estimated value of the Global Desalination Market?
What is the growth rate of the Global Desalination Market?
What is the forecasted size of the Global Desalination Market?
Who are the key companies in the Global Desalination Market?
Report Attribute | Details |
---|---|
No. of Pages | 155 |
Published | February 2022 |
Forecast Period | 2021 - 2027 |
Estimated Market Value ( USD | $ 19.29 Billion |
Forecasted Market Value ( USD | $ 32.02 Billion |
Compound Annual Growth Rate | 8.8% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |
Table of Contents
Companies Mentioned
- Acciona S.A.
- Veolia
- Suez
- Abengoa
- Ferrovial,S.A.
- Doosan Heavy Industries
- Toyobo co.,ltd
- General Electric
- Lanxess A
- Mitsubishi corporation
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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