Global Water Desalination Equipment Market Share to register 9.3% CAGR through 2028

By Sachin Pashte  | Date: December 23, 2022

Global Water Desalination Equipment Market Share to register 9.3% CAGR through 2028

Industry analysts signify that global Water Desalination Equipment Market amassed a valuation worth USD 10.6 billion in 2021 and is anticipated to expand at a CAGR of around 9.3% over the forecast period of 2022-2028.

Rapid urbanization, increasing population, increasing expenditures in water treatment technology by the government to solve the issue of water scarcity, and rising water scarcity worldwide are some of the main factors driving the growth of global water desalination equipment market.

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In 2020, the coronavirus started to spread quickly, and the next COVID-19 wave quickly followed. The markets were considerably impacted as a result of leading corporations changing their management techniques. Moreover, the 2022 Russo-Ukrainian War and the UK's hasty exit from the European Union added to the already high degree of global instability.

However, given the effectiveness of immunization campaigns, it is anticipated that the global economy would pick up momentum in the forthcoming years.

Based on technology, global water desalination equipment market is split into vapor compression, electrodialysis, multi-stage flash, nanofiltration, reverse osmosis, and others (multi-effect distillation, etc.). Moving on to the product landscape, the industry is bifurcated into pumps, membranes, and others (evaporators, etc.). Speaking of application scope, the marketplace is segregated into industrial, municipal, and others.

From the regional standpoint, the Middle East and Africa region are expected to capture the biggest share of the market in the forthcoming years, owing to the growing per-capita consumption of water, as well as expanding population as a result of increased immigration.

Godrej Group, DESMI Pumping Technology A/S, Thomas Desalination Service, Wetico Water & Technology Private Limited, Pure Aqua Inc., Triwin Watertec Co. Ltd., Toybo Co. Ltd., Alfa Laval AB, Veolia Water Technologies, Koch Separation Solutions, Torishma Pump Mfg. Co. Ltd., LG Chem Ltd., Advanced Watertek LLC, Toray Industries Inc., and Suez Water Technologies & Solutions are the major competitors in global water desalination equipment market.

Question & Answer: Global Water Desalination Equipment Market

Question 1: Which factors are promoting global water desalination equipment market growth?

Answer: Rapid urbanization, increasing population, increasing expenditures in water treatment technology by the government to solve the issue of water scarcity, and rising water scarcity worldwide are some of the main factors driving the growth of global water desolation equipment market.

Question 2: How is the Middle East & Africa region contributing to global water desalination equipment industry growth?

Answer: Middle East and Africa region are expected to capture the biggest share of the market in the forthcoming years, owing to the growing per-capita consumption of water, as well as expanding population as a result of increased immigration.

Question 3: How is the competitive landscape of global water desalination equipment market?

Answer: Godrej Group, DESMI Pumping Technology A/S, Thomas Desalination Service, Wetico Water & Technology Private Limited, Pure Aqua Inc., Triwin Watertec Co. Ltd., Toybo Co. Ltd., Alfa Laval AB, Veolia Water Technologies, Koch Separation Solutions, Torishma Pump Mfg. Co. Ltd., LG Chem Ltd., Advanced Watertek LLC, Toray Industries Inc., and Suez Water Technologies & Solutions are the major competitors in global water desalination equipment market.

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About Author

Sachin Pashte     ibmag.com

Sachin Pashte

Sachin is into market research and web marketing since the last 2 years and has worked on multiple projects across various industries. He has expertise in writing promotional content for market research reports while his personal interests include the games of footbal...

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