Newark, Sept. 11, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 16.85 billion in 2023 global water desalination market will reach USD 38.10 billion in 2033. Water is essential for all forms of life and exists in solid, liquid, and gas states. Composed of hydrogen and oxygen in a 2:1 ratio, water covers 71% of the Earth's surface. However, only 3% of this water is freshwater, with 2.5% locked in ice in polar regions, leaving just 0.5% as accessible freshwater. This limited supply is further stressed by overexploitation, contamination, and wastage due to human activities. To address water scarcity, desalination has become a key method. Desalination purifies seawater, brackish water, and contaminated water by removing salts, minerals, and other impurities, making it potable and reducing the strain on freshwater sources.
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Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2024–2033 |
| Base Year | 2023 |
| Market Size in 2023 | $ 16.85 billion |
| Market Size in 2033 | $ 38.10 billion |
| CAGR | 8.6% |
| No. of Pages in Report | 139 |
| Segments Covered | application, source, technology, and regions. |
| Drivers | The growing world population |
| Opportunity | Emerging new & advanced hybrid desalination technologies |
| Restraints | Fouling & scaling |
Key Insight of the Global Water desalination Market
Middle East and Africa will dominate the market during the forecast period.
This region currently leads the water desalination market, driven by a high population growth rate due to the refugee crisis, increased government spending on infrastructure, and substantial water needs in the construction sector.
In 2023, the municipal segment dominated the market with the largest market share of 57% and revenue of 9.60 billion.
The application segment is divided into municipal, industrial & others. In 2023, the municipal segment dominated the market with the largest market share of 57% and revenue of 9.60 billion.
Over the forecast period, the seawater segment is expected to grow at the fastest CAGR of 9.1%.
The source segment is divided into seawater, brackish water, river water & others. Over the forecast period, the seawater segment is expected to grow at the fastest CAGR of 9.1%.
In 2023, the reverse osmosis segment dominated the market with the largest market share of 46% and revenue of 7.75 billion.
The technology segment is divided into reverse osmosis (RO), multi-stage flash (MSF) distillation, multi effect (ME) distillation & others. In 2023, the reverse osmosis segment dominated the market with the largest market share of 46% and revenue of 7.75 billion.
Advancement in market
In order to help fulfil the emirate's growing need for potable water, Saudi-listed ACWA Power and Sharjah Electricity, Water and Gas Authority (SEWA) have signed an agreement to establish Sharjah's first Independent Water Project (IWP). With the use of seawater reverse osmosis (SWRO) technology, the Hamriyah IWP will be developed. By Q2 2027, the facility will produce about 272,000 cubic meters of desalinated water per day (m3/day).
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Market Dynamics
Driver: Growing World Population.
Rapid urbanization and industrialization are increasing the demand for potable water across various sectors, including households, commercial activities, manufacturing, and construction. With freshwater resources depleting and becoming overexploited, desalination offers a viable alternative. By utilizing abundant seawater and brackish water, desalination helps meet the rising water demands of a growing global population.
Restraints: Fouling and Scaling.
Fouling refers to the accumulation of unwanted materials on surfaces during heating or cooling, while scaling is a specific type of fouling that occurs in desalination processes. Salts and minerals from seawater and brackish water can deposit on desalination membranes, reducing their lifespan and increasing operating costs. Preventive measures such as disinfectants and anti-scaling agents can help, but these can be expensive and may not be feasible for institutions in underdeveloped markets.
Opportunities: Advanced Hybrid Desalination Technologies.
Hybrid desalination technologies combine thermal distillation and membrane separation processes. These systems offer lower installation and post-treatment costs, increased efficiency, and better output ratios. Their flexibility and integration with various operating systems make them cost-effective, potentially expanding the market by making desalination accessible to smaller companies and regions.
Challenges: Environmental Concerns.
Desalination processes produce brine, a byproduct with high salt concentration, which can be harmful to marine ecosystems and inland environments. The disposal of brine can increase soil salinity and negatively impact flora and fauna, posing significant risks to biodiversity in both the short and long term.
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Some of the major players operating in the global water desalination market are:
• SUEZ
• Veolia
• Doosan Heavy Industries & Construction
• ACCIONA
• IDE Water Technologies
• Genesis Water Technologies
• Biwater Holdings Limited
• Mitsubishi Chemical Corporation
• Aquatech International LLC
• Aqua FilSep Inc.
Key Segments covered in the market:
By Application
• Municipal
• Industrial
• Others
By Source
• Sea Water
• Brackish Water
• River Water
• Others
By Technology
• Reverse Osmosis (RO)
• Multi Stage Flash (MSF) Distillation
• Multi Effect (ME) Distillation
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, France, the UK, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)
About the report:
The market is analyzed based on value (USD Billion). All the segments have been analyzed on a worldwide, regional, and country basis. The study includes the analysis of more than 30 countries for each part. The report analyses driving factors, opportunities, restraints, and challenges to gain critical market insight. The study includes Porter's five forces model, attractiveness analysis, Product analysis, supply and demand analysis, competitor position grid analysis, distribution, and marketing channels analysis.
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