The global Water Desalination Equipment market was valued at $16.6 billion in 2020 and growing at a CAGR of 10.3% during the forecast period.
Water Desalination Equipment Market: Breakup by Region, 2022 & 2031
Source: Primary Research and Secondary Research Analysis
Water desalination equipment is used to remove salt and other minerals from seawater and brackish water, making it suitable for various applications such as drinking water, agriculture, and industrial use. The global water desalination equipment market is expected to grow at a significant rate in the coming years, driven by various market drivers.
Market Drivers:
Growing population and urbanization: The global population is expected to reach 9.7 billion by 2050, with most of the growth occurring in urban areas. This is expected to increase the demand for fresh water, driving the growth of the water desalination equipment market.
Increasing water scarcity: Climate change, overuse of groundwater, and pollution are causing water scarcity in many regions of the world. Water desalination equipment is a solution to this problem, as it can produce fresh water from seawater and brackish water.
Growing demand for clean water: The demand for clean water is increasing due to health concerns and environmental awareness. Water desalination equipment can produce clean water, free from contaminants and pollutants, making it a popular choice among consumers.
Rising investments in water infrastructure: Governments and private companies are investing in water infrastructure to meet the growing demand for fresh water. Water desalination equipment is a key component of water infrastructure, driving the growth of the market.
Global Water Desalination Equipment Market Research Report, 2020-2031
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