Last updated on November 14th, 2022 at 08:44 am
Pure water is a necessity today, and it will be a necessity tomorrow. It is why technological inventions like water desalination equipment are in high demand and are expected to be in the future. Reportlinker recently shared a report- Water Desalination Equipment Market Size, Share & Trends Analysis Report By Technology (Reverse Osmosis (RO), Multi-stage Flash (MSF) Distillation), By Source, By Application, By Region, And Segment Forecasts, 2020 – 2028 which proves that water treatment technologies will be in demand in the long run.
The Numbers
According to the report, the global water desalination equipment market size might reach US$ 22.79 billion by the year 2028. The market is expected to grow at a CAGR of 7.1 from 2020 to 2028.
Growth Factors
The key reasons for market growth are rising water scarcity, fast-paced advancements, depletion in freshwater reserves.
As the environment is deteriorating, weather patterns are fluctuating, deforestation is increasing, and pollution is rising, it has led to drought-like conditions and extreme water scarcity worldwide. To help tackle these challenges, the governments of different nations are investing heavily to ensure the development of desalination facilities with the hopes of combatting this situation. It will also drive the market further.
One more reason for the rapid growth is the rising adoption of renewable energy for desalinating water. Conventional systems need a lot of energy to function, but the use of renewable energy like solar energy can help save power bills and make the systems easier to use in underdeveloped or developing nations.
R&D investments keep many key players attractive as it allows them to offer new products and boost innovation. Companies are also reaching new geographic areas and targeting developing countries where the water issues are more critical, and there is a need for cost-effective products.
Highlights of the Report
The reverse osmosis technology is gaining more popularity. It accounted for more than 55% of the global revenue in 2020. The key factors for its rise are ease of processing, cheap installation, minimal use of chemicals, and the ability to treat distinct kinds of feed water.
Thanks to the expansion of the urban population and the rise of megacities, the municipal application segment accounted for over 50% of the global revenue in 2020. Both these factors are putting a strain on the existing water sources and hence augmenting the market growth.
The seawater source segment is expected to expand rapidly. Thanks to water scarcity for residential and industrial use, it might have the fastest CAGR from 2020 to 2028. The demand for seawater desalination will rise exponentially in the future.
Africa and the Middle East accounted for more than 40% share of global revenue in 2020 as water scarcity is higher in these regions. The demand from these regions for water desalination will continue to rise in the future as well.
To know more aspects of the report, click here.
Where to Buy Water Desalination Equipment?
When seeking the best water treatment technologies like seawater desalination, reverse osmosis, forward osmosis, and many others, AMPAC USA is a name you can trust. AMPAC USA’s water treatment systems are available for residential, commercial, and industrial use. They help ensure the water is tasteless, colorless, and odorless.
AMPAC USA water systems are well equipped and fully capable of converting any water into a product that meets the requirement of the end-user. Capable of performing flawlessly in harsh environments, our products assist the exploratory labs at the Arctic Circle to Oil rigs in Deserts, urban communities, and war zones. AMPAC USA water treatment systems are proven solutions to water treatment problems across the globe.
AMPAC USA advanced water purification systems are built to solve the most complex challenges related to water purification, treatment, provisioning, and Seawater Desalination, meant to work in the harshest environments around the globe. Our water treatment systems use the best Reverse Osmosis, Seawater Desalination, and water technologies of International standards for industrial, On-shore, and Offshore applications.
AMPAC USA designs and manufactures some of the world’s most reliable Commercial Reverse Osmosis Water Treatment Systems to treat water even in the toughest environments. We additionally strive for quality of international standards and excellent after-sales service. Our engineers are available to provide support with your water treatment applications anywhere around the world. To know more, call us on 909-548-4900 or visit us here.
References
https://www.reportlinker.com/p05930650/Water-Desalination-Equipment-Market-Size-Share-Trends-Analysis-Report-By-Technology-By-Source-By-Application-By-Region-And-Segment-Forecasts.html?utm_source=GNW
https://finance.yahoo.com/news/water-desalination-equipment-market-size-095100789.html
