$42.76 Billion Desalination Technologies Market projection in 2032 (11.20% CAGR)

Desalination Technologies Market Size Worth $42.76 Billion By 2032 | CAGR: 11.20%


The global desalination technologies market size is expected to reach USD 42.76 billion by 2032, according to a new study by Polaris Market Research. The report “Desalination Technologies Market Share, Size, Trends, Industry Analysis Report, By Technology (Reverse Osmosis, Multi-Stage Flash, Multi-Effect Distillation); By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Rapid population growth in urban areas worldwide has increased the demand for fresh for drinking, sanitation, and industrial use, along with the rise in the number of research and development activities in desalination technologies, which have made them more energy-efficient and cost-effective compared to various traditional technologies being used in the market, are among the prominent factors likely to influence the demand and growth of the market at extensive pace.

Additionally, innovations in desalination technologies, which aim to reduce the environmental impact of several processes such as energy consumption and brine disposal and growing proliferation among government authorities towards introducing initiatives supporting the desalination industry, are gaining huge traction and are likely to bode well for the global market over the coming years. For instance, in August 2023, Saudi Arabia’s National Water Company said that they have successfully launched USD 1.3 billion initiatives for 12 new major desalination projects across the strategic zones encompassing Al Ahsa, Qatif, Al Khobar, Dammam, and Jubail.

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In recent years, there has been a growing focus and proliferation among leading research institutes worldwide towards developing advanced membrane materials with enhanced selectivity and higher durability that help to increase the overall efficiency of reverse osmosis systems and other membrane-based desalination processes while reducing energy consumption and leading to greater emphasis for the technology.

There is a continuous increase in the number of desalination technologies being introduced into the market that offer significantly improved and enhanced capabilities and features and are gaining popularity and traction as an effective and competitive alternative to RO and various other applications of reject brine.

Desalination Technologies Market Report Highlights

  • The reverse osmosis segment held a significant share on account of its beneficial characteristics like cost-effectiveness, easy processing, and higher flexibility
  • Municipal segment led the industry market with a noteworthy share, owing to increasing demand for safe drinking water among municipalities around the world
  • North America dominated the global market, which is mainly driven by the rapid adoption of innovative desalination technologies and growing investments in R&D projects
  • The key market players include Doosan Enerbility, DuPont de Nemours, Evoqua Water Technologies, IDEXX Technologies, and Veolia Water Technologies

Polaris Market Research has segmented the desalination technologies market report based on technology, application, and region:

Desalination Technologies, Technology Outlook (Revenue - USD Billion, 2023 - 2032)

  • Reverse Osmosis
  • Multi-Stage Finish
  • Multi-Effect Distillation

Desalination Technologies, Application Outlook (Revenue - USD Billion, 2023 - 2032)

  • Municipal
  • Industrial
  • Others

Desalination Technologies, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Desalination Technologies Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 18.24 billion

Revenue Forecast in 2032

USD 42.76 billion

CAGR

11.20% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments Covered

By Technology, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

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Request for Customized Report