Key Trends and Insights into the Desalination Technologies Market: Growth Rate and Opportunities to 2034
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What key factors are powering the surge in the desalination technologies market right now?
In the past few years, the market size for desalination technologies has experienced swift expansion. Projected to increase from $19.47 billion in 2024 to $21.73 billion in 2025, it foresees a compound annual growth rate (CAGR) of 11.6%. The growth witnessed in the historic phase was due to an escalated capability of desalination systems, continual advancements in graphene-based membranes, concentrated efforts in reducing brine production as well as amplifying freshwater recovery, an emerging interest in hydroponic agriculture, and government initiatives alongside investments.
How fast Is the desmoid tumors market expected to grow, and what’s its future value?
The market size for desalination technologies is predicted to experience a swift expansion in the upcoming years, reaching $33.62 billion in 2029, with a compound annual growth rate (CAGR) of 11.5%. The growth during the estimated period can be justified by the rising water scarcity, increasing demand for desalinated water fuelling the development of more desalination projects, carbon footprint reduction through hybrid desalination, and the provision of superior quality water. Along with these, the increasing requirements for desalination systems and a global surge in the demand for freshwater contribute to the expected growth. The forecast interval will witness key developments, including innovative membrane technology, the utility of internet of things (iot) and artificial intelligence (AI) technologies, origination of revolutionary and eco-friendly desalination technologies, smart inventions, and advancements in membrane technologies.
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What are the leading drivers of growth in the desalination technologies market?
Water shortages are anticipated to surge the development of the desalination technology industry. Water scarcity, characterized by the exceeding demand over the available supply due to physical constraints or inadequate infrastructure and management, is on the rise. Factors contributing to this increase include population growth, climate change, water contamination, extraction of groundwater beyond sustainable levels, wasteful use of water, deforestation, land deterioration, and disputes regarding water resources. As a viable and dependable source of freshwater, desalination technology comes into play, primarily in areas experiencing acute water stress and resource limitation. This technology aids in advocating for water preservation and effective water management practices, which should go hand in hand with desalination initiatives. For instance, the United Nations Educational Scientific and Cultural Organization (UNESCO), a specialised agency of the United Nations based in France, predicts that, in March 2023, the global urban population faced with water scarcity could range from 1.7 to 2.4 billion people by 2050. As such, the escalating water scarcity is spurring the development of the desalination technology industry.
What are the key segments defining the desalination technologies market?
The desalination technologies market covered in this report is segmented –
1) By Technology: Reverse Osmosis (RO), Multi-Stage Flash (MSF), Multi-Effect Distillation (MED)
2) By Source: Sea Water, Brackish Water, River Water, Other Sources
3) By Application: Municipal, Industrial, Other Applications
Subsegments:
1) By Reverse Osmosis (RO): Low-Pressure RO, High-Pressure RO, Hybrid RO
2) By Multi-Stage Flash (MSF): Low-Temperature MSF, High-Temperature MSF
3) By Multi-Effect Distillation (MED): Vapor Compression MED, Thermo-Compression MED
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Who are the key players steering the development of the desalination technologies market?
Major companies operating in the desalination technologies market are Hitachi Ltd., Veolia Environnement SA, Suez SA, Acciona SA, DuPont de Nemours Inc., Doosan Enerbility Co. Ltd., Danfoss A/S, Webuild SpA, Xylem Inc., Abengoa SA, BWT AG, Ampac USA, Aquatech International LLC, Keppel Offshore & Marine Ltd., H2O Innovation Inc., Hyflux Limited, IDE Technologies, FISIA ITALIMPIANTI S.p.A, Aqualyng AS, Keppel Seghers Pte Ltd., Komax Systems Inc., Dow Water & Process Solutions, Degremont, John Holland Group, Tianjin MOTIMO Membrane Technology Co. Ltd., Toray Industries Inc., Toyobo Co. Ltd.
What emerging trends are influencing the growth of the desalination technologies market?
Leading firms in the desalination technology market are pioneering novel technologies, including an integrated plug-and-play reverse osmosis solution, to secure a competitive advantage. This singular technology provides a reliable supply of freshwater of excellent quality in a convenient and efficient manner, while also simplifying installation and operational procedures. To illustrate, Veolia Water Technologies, a water treatment entity from France, introduced Barrel, a plug-and-play reverse osmosis system, in April 2022. This system is ideally suited for wastewater recycling and low-pressure reverse osmosis needs. It generates top-notch freshwater conforming to established water quality criteria and offers its service in a broad spectrum of capacities, from 400 m3/day to 50,000 m3/day per unit. Additionally, it delivers a decrease in power usage in the vicinity of 0.05 kWh/m3 for every m3 of freshwater created.
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Which regions are most influential in expanding the desalination technologies market?
North America was the largest region in the desalination technologies market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the desalination technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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