Global Water Desalination Equipment Market Size Likely to Expand at a CAGR of 8.7% By 2033

As per the current market research conducted by the CMI Team, the global Water Desalination Equipment Market size is expected to record a CAGR of 8.7% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 18,023.8 Million. By 2033, the valuation is anticipated to reach USD 38,186.6 Million.

Water Desalination Equipment Market: Growth Factors and Dynamics

• Increasing Water Scarcity: Rising global water scarcity due to population growth, urbanization, and climate change drives demand for desalination as a sustainable water supply solution. This trend is particularly pronounced in coastal regions and arid areas where traditional freshwater sources are insufficient to meet growing demand.

• Technological Advancements: Continuous innovations in desalination technologies, such as improvements in membrane materials (like high-performance RO membranes), energy recovery systems (such as pressure exchangers and turbines), and hybrid desalination processes (combining RO with thermal processes), enhance efficiency and reduce operational costs. These advancements drive adoption across municipal, industrial, and agricultural sectors.

• Regulatory Support: Government initiatives and regulations promoting water reuse and desalination projects bolster market growth. Policies incentivize investment in desalination infrastructure to ensure water quality compliance, mitigate drought impacts, and secure reliable water supply in water-stressed regions, fostering market expansion globally.

• Industrial Demand: Growing industrial applications, particularly in oil & gas, food & beverage, and pharmaceutical sectors, drive demand for process water desalination. Industries require high-quality water for operations, driving technological advancements and the adoption of desalination systems tailored to specific industrial requirements.

• Cost Reduction Efforts: Efforts to reduce the overall cost of desalination through advancements in energy-efficient technologies (like improved energy recovery devices and renewable energy integration), economies of scale in plant construction, and enhancements in maintenance practices (such as predictive maintenance using IoT and AI) promote market growth by improving cost-effectiveness and competitiveness of desalination solutions.

• Regional Market Growth: Regional market growth is driven by increasing investments in desalination projects in water-scarce regions such as the Middle East, North Africa, and parts of Asia-Pacific. Governments and private sectors invest in large-scale desalination plants to support economic development, urbanization, and population growth, ensuring water security and sustainability in these regions.

• Environmental Concerns: Heightened environmental awareness and regulatory pressures drive demand for eco-friendly desalination technologies. Innovations in minimizing brine discharge, reducing energy consumption, and utilizing sustainable practices enhance market appeal and compliance with environmental standards, shaping the future of the desalination equipment market.

Water Desalination Equipment Market: Partnership and Acquisitions

• In 2023, The seawater desalination plant in Qingdao undergoes rigorous safety and productivity assessments. By establishing a large-scale desalination base and integrating desalinated water into the municipal pipeline network, the city effectively supplements its water resources.

• In 2022, TOYOBO CO., LTD. collaborated with SWPC and AJMC to develop an eco-friendly water treatment system using hollow fiber forward osmosis (FO) membranes for desalination plants. This partnership aims to drive strategic growth by innovating new products and technologies in the desalination sector.

Report Scope

Water Desalination Equipment Market: COVID-19 Analysis

The COVID-19 pandemic has significantly impacted the Water Desalination Equipment Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

• Supply Chain Disruptions: COVID-19 disrupted global supply chains, causing delays in the procurement of critical components and equipment needed for desalination projects, leading to project delays and increased costs.

• Reduced Investment and Project Delays: Economic uncertainties during the pandemic led to reduced investment in new desalination projects and delays in ongoing projects due to budget constraints and logistical challenges.

• Resumption of Infrastructure Projects: As economies recover, there is a gradual resumption of infrastructure projects, including desalination plants, supported by government stimulus packages and renewed investor confidence in long-term water security projects.

• Technological Advancements: Continued innovation in desalination technologies, such as improved membrane efficiency, energy recovery systems, and automation, drives cost reductions and enhances operational efficiency post-pandemic.

• Regional Water Security Initiatives: Governments and international organizations prioritize water security initiatives post-pandemic, increasing investments in desalination to ensure reliable water supply in water-stressed regions.

• Diversification of Supply Chains: Desalination equipment suppliers are diversifying their supply chains and adopting localized sourcing strategies to mitigate future supply chain disruptions and reduce dependency on single sourcing.

• Focus on Sustainability: Post-pandemic recovery includes a heightened focus on sustainable desalination practices, such as reducing energy consumption, minimizing environmental impact, and exploring renewable energy integration in desalination processes. These initiatives align with global sustainability goals and regulatory requirements.

• Adoption of Remote Monitoring and Maintenance: Post-COVID-19, there is an increased adoption of remote monitoring and maintenance technologies in desalination plants. These technologies enable operators to monitor equipment performance, diagnose issues remotely, and conduct predictive maintenance, reducing the need for on-site personnel and enhancing operational efficiency.

• Investment in Research and Development: Recovery efforts include increased investment in research and development (R&D) for desalination technologies. Focus areas include improving water recovery rates, enhancing membrane durability, and developing cost-effective desalination solutions suitable for diverse environmental conditions and water quality challenges.

In conclusion, the COVID-19 pandemic has had a mixed impact on the Water Desalination Equipment Market, with some challenges and opportunities arising from the pandemic.

List of the prominent players in the Water Desalination Equipment Market:

• SUEZ Water Technologies & Solutions
• Veolia Water Technologies
• Doosan Heavy Industries & Construction
• ACCIONA Agua
• IDE Technologies
• Aquatech International LLC
• Xylem Inc.
• Evoqua Water Technologies LLC
• Desalitech Ltd.
• Fluence Corporation
• Toray Industries Inc.
• Hyflux Ltd.
• Befesa
• Kingspan Environmental
• Biwater
• Others

The Water Desalination Equipment Market is segmented as follows:

By Source

• Sea water
• Brackish water
• River water
• Others

By Technology

• Reverse Osmosis (RO)
• Multi-stage Flash (MSF) distillation
• Multi-effect Distillation (MED)
• Others

By Application

• Drinking Water Supply
• Process Water
• Irrigation Water
• Others

By End Users

• Municipal
• Industrial
• Others

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America