What Are The Projections For The Water Desalination Equipment Market Size And Growth Rate?
The water desalination equipment market has shown considerable growth in the recent years, increasing from $17.44 billion in 2024 to $19.52 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 12.0%. With factors such as government initiatives, population growth, to combat water scarcity, rise in urbanization, and increased industrial demand driving its growth, the market is expected to continue its rapid expansion. Current forecasts indicate that by 2029, the market is projected to reach $30.69 billion, maintaining a steady growth.
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What Are The Principal Drivers For The Growth Of The Water Desalination Equipment Market?
The key driver for the water desalination equipment market is the rapidly increasing urbanization and industrialization. The progression from rural to urban settings coupled with explosive population densities in urban areas are the causes for water shortage. For instance, United Nations Department of Economic and Social Affairs predicts that by 2050, a whopping 68% of the world’s population (around 2.5 billion people) will reside in urban regions. This phenomenon is boosting the demand for water desalination technology in order to meet water needs.
What Are The Major Segments Within the global Water Desalination Equipment Market?
1) By Product: Membranes, Pumps, Evaporators
2) By Technology: Reverse Osmosis, Multi-Stage Flash Distillation, Multiple-Effect Distillation, Other Technologies
3) By Application: Municipal, Industrial, Other Applications
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Which Are The Key Companies Operative in The Water Desalination Equipment Market?
Major companies operating in the water desalination equipment market include Acciona S.A., Aquatech International LLC, Biwater Holdings Limited, Doosan Heavy Industries & Construction Co. Ltd., Genesis Water Technologies Inc., IDE Technologies Ltd., Koch Separation Solutions LLC, Lenntech B.V., Pure Aqua Inc., Suez Water Technologies & Solutions, Veolia Water Technologies SA, Advanced Watertek FZC, Desmi A/S, E. I. du Pont de Nemours and Company (DuPont), and others.
Which Trends Are Emerging In The Water Desalination Equipment Market?
Companies in the Water desalination equipment market are keen on implementing technological enhancements to solidify their market position. For example, Veolia Water Technologies, launched a plug-and-play reverse osmosis technology, Barrel, designed for the Asia-Pacific. It addresses the increasing demands for freshwater and combats water scarcity issues. Its modular and reduced-footprint design makes it an economic and sustainable solution to water challenges.
What Is The Regional Analysis For The Water Desalination Equipment Market?
Middle East was the largest region in the water desalination equipment market in 2024, while Asia-Pacific is forecasted to be the fastest-growing region in the coming years.
What Does The Water Desalination Equipment Market Report 2025 Offer?
The Water Desalination Equipment Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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