Desalination Market Size, Share and Forecast 2026

HYDERABAD, India - Sept. 18, 2019 - PRLog -- Market Overview:

Desalination is a process that takes away mineral components from saline water. More generally, desalination refers to the removal of salts and minerals from a target substance, as in soil desalination, which is an issue for agriculture.

The single most massive desalination project is Ras Al-Khair in Saudi Arabia, which produced 1,025,000 cubic meters per day in 2014. Kuwait produces a higher proportion of its water than any other country, totaling 100% of its water use.

Desalination market is expected to grow at a CAGR of XX% to reach a market value of USD XXXX million by 2026.

Market Dynamics:

Rapid population growth has increased the need for consumable water across the globe. Although water covers two-thirds of the surface of the earth, only a small portion is suitable for human consumption. Currently, one-fifth of the world's population is facing scarcity in water resources.

Market Segmentation:

The global desalination market is segmented by the source into seawater, brackish water, and wastewater. The seawater desalination segment is most widely applied, owing to the unlimited availability of water resources in the ocean and the need to meet the growing demands of the global population.

The desalination of brackish water offers advantages of inland feed water supply with low content of suspended fines and lack of organic pollutants and micro-organisms. The companies are focused on the formation of strategic partnerships and the construction of new plants in crucial geographical regions to expand their business reach.

Geographical Analysis:

By Geography, the market is segmented into, North America, Europe, South America, Asia Pacific, The Middle East and Africa

Competitive Analysis:

Some of the Key Players are Acciona, S.A., Biwater PLC, Doosan Heavy Industries & Construction Co Ltd., Dow Chemical Company, Genesis Water Technologies, Inc., Others.

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