Market Research Report
Water Desalination Equipment Market: By Technology (Capacitive Deionization, Reverse Osmosis & Others) By Application (Municipality, Hospitality, Food & Beverages & Others) By Energy (Thermal, Electrical & Mechanical) & By Geography -Forecast 2019-2024
|Published by||IndustryARC||Product code||409801|
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|Water Desalination Equipment Market: By Technology (Capacitive Deionization, Reverse Osmosis & Others) By Application (Municipality, Hospitality, Food & Beverages & Others) By Energy (Thermal, Electrical & Mechanical) & By Geography -Forecast 2019-2024|
|Published: December 4, 2018||Content info:||
Water desalination is the process of removing huge amount of minerals including salt from the water. Water used for this process is sea water, by using this process sea water is processed in to drinking water. Desalination has evolved into a viable water supply alternative allowing tapping the largest water reservoir in the world. Water desalination is done using different technologies like reverse osmosis, capacitive deionization, electro dialysis, multi stage flash desalination, others.
The desalination process is mainly classified into two processes; they are thermal process and membrane process. In thermal process, multi stage flash and single effect evaporation are the types of techniques used. Reverse osmosis and electro dialysis are the types of techniques used in membrane process. Water desalination is also classified based on energy like thermal energy, electrical energy and mechanical energy. This water desalination equipment's are used in industry and hospitality applications.
The global market for water desalination equipment was estimated to be $XX billion in 2015 and is estimated to grow at a CAGR of XX% to reach $XX billion by 2021. The water desalination equipment is forecast to have the highest growth of X% during the forecast period 2016-2021. North America and Asia-Pacific alone are estimated to occupy a share of more than XX% during 2015-2021.
Middle East is the leading market for water desalination and is forecast to have highest growth in the next few years due to growing adoption of water desalination in industrial applications. Asia-Pacific water desalination equipment market accounts to XX% of the global market for water desalination and is the fastest growing market followed by Europe.
Rising Scarcity for Water to Drive the Use of Water Desalination
At present about 40% of world's population is suffering from serious water shortages. By the year 2025, this percentage is expected to increase more than 60%. This is because of the rapid increase in population, changes in life styles and increased economic activities. Due to all these changes there is a rise in demand for water. Growing demand for clean energy and hybridization of the desalination process are also responsible for the rising demand in the industry.
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