The global market for desalination technologies will reach $22.5 billion by 2026

DUBLIN, August 31, 2022 /PRNewswire/ — “Desalination Technologies: Global Market Analysis and Trajectory” report added to ResearchAndMarkets.com offering.

Research and Markets Logo

Research and Markets Logo

Scope of the global market for desalination technologies $22.5 billion by 2026

Desalination technology has evolved over the years, and the desalination process is becoming more cost-effective and has emerged as a viable alternative means of obtaining fresh water to meet its growing demand from different consumer sectors such as domestic, industrial and even to a lesser extent agriculture. Currently, developed economies and countries with acute water scarcity are the dominant users of desalination, given the high cost and energy intensive use of these technologies.

However, the next few years will see a massive proliferation of desalination technologies as all countries begin to search for a guaranteed supply of safe water for their citizens. The common global crisis will force international cooperation in the global community and encourage free cross-border technology transfers. Additionally, technological advances in nanotechnology will help reduce the cost of desalination by more than 50%, making the technology easily accessible to developing countries.

Amid the COVID-19 crisis, the global market for Desalination Technologies was estimated at US$15.2 billion in 2022, it is projected to reach a revised size of US$22.5 billion by 2026, growing at a CAGR of 9.8% during the analysis period.

The US market is estimated at $1.8 billion in 2022, while China is forecast to reach $2.3 billion by 2026
The market for desalination technologies in the US is estimated at US$1.8 billion in the year 2022. The country currently has a 12.71% share of the global market. Porcelainthe second largest economy in the world, is forecast to reach an estimated market size of US$2.3 billion in 2026 with a CAGR of 10.9% during the analysis period.

See also  IT support of collaboration technology is crucial to employee success during 'The Great Return'

Commercial interest in water desalination is supported by growing awareness of the value of water; increase focus at the international, national and regional levels on making well-informed water management decisions regarding conservation, use and allocation; and the growing interest in developing technologies that provide fresh water to humans in a growing number of regions where the availability of fresh water is declining. Sea and ocean water desalination is becoming increasingly critical to the continued economic development of water-scarce countries/regions.

The promise of unlimited fresh water from the oceans and salty seas is spurring investment in the development of desalination plants. Key factors driving demand for seawater desalination include the increasing occurrence of droughts around the world as a result of climate change, the pressing need to reduce stress on groundwater and surface water supplies, and the relative profitability of seawater desalination. the technique compared to the importation of water. and the construction of expensive storage infrastructure to store water.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. OVERVIEW OF THE MARKET

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS AND DRIVERS

  • Technological improvements focused on sustainability and energy efficiency

  • Continuous improvements in graphene-based membranes

  • Solvent Extraction Method: An Alternative Desalination Technology

  • Wave-driven desalination systems

  • Digital twin (DT) modeling gains attention amid pandemic

  • Capacitive deionization technology for saltwater desalination

  • Carbon nanotubes facilitate efficient desalination

  • Forward osmosis finds growing interest

  • Researchers develop technology to manufacture reverse osmosis membranes with controlled thickness

  • Brackish Water Desalination Innovations: Focus on Reducing Brine Production and Increasing Freshwater Recovery

  • Researchers develop inexpensive saltwater desalination process

  • Machine learning unlocks promise in optimizing energy in desalination processes

  • Environmental concerns drive interest in renewable-based desalination

  • Solar desalination will benefit from increased investments in solar energy

  • Solar thermal desalination: harnessing solar energy for desalination

  • Advances in renewable energy storage to drive wind-powered desalination

  • Nuclear desalination on the rise despite concerns about nuclear power safety

  • Continuous technological evolution to reduce the prices of desalination technologies

  • Cogeneration strategies to reduce desalination costs

  • Nanotechnology enabled innovations to support market growth

  • Hybrid Desalination Plants: An Explored Area

  • Growing interest in hydroponic farming to drive desalination adoption

  • Key Issues Facing the Desalination Technologies Market

See also  Sigma Powertrain - E-Powertrain Solutions Technology Company...

4. WORLD MARKET OUTLOOK

third MARKET ANALYSIS

IV. COMPETITION

Companies mentioned

  • Abengoa SA

  • ACCIONA SA

  • Aqualyng AS

  • Danfoss A/S

  • Doosan Heavy Industries and Construction Co Ltd

  • Dow Water and Process Solutions

  • Evoqua Water Technologies LLC

  • FISIA ITALIMPIANTI SpA

  • H2O Innovation

  • Hyflux Limited

  • IDE Technologies Ltd.

  • john holland

  • Koch Membrane Systems, Inc.

  • Suez S.A.

  • Degremont

  • Tianjin MOTIMO Membrane Technology Co., Ltd.

  • Toray Industries, Inc.

  • Toyobo Co., Ltd.

  • Veolia Water Solutions and Technologies SA

  • side

  • Xylem, Inc.

For more information on this report, please visit https://www.researchandmarkets.com/r/ezjtvm

Media Contact:

Research and Markets
laura woodSenior manager
[email protected]

For business hours EST call +1-917-300-0470
For US/Canada call toll free +1-800-526-8630
For GMT business hours call +353-1-416-8900

US Fax: 646-607-1904
Fax (outside the US): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

cision

cision

See original content: https://www.prnewswire.com/news-releases/global-desalination-technologies-market-to-reach-22-5-billion-by-2026–301615578.html

SOURCE Research and Markets

Leave a Comment