Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 18.16 Billion | USD 44.60 Billion | 9.4% | 2024 |
FrequentlyAsked Questions
The global water desalination equipment market is expected to grow due to increasing water scarcity due to factors like population growth, climate change, and industrialization, leading to a rising demand for alternative freshwater sources.
According to a study, the global water desalination equipment market size was worth around USD 18.16 Billion in 2024 and is expected to reach USD 44.60 Billion by 2034.
The global water desalination equipment market is expected to grow at a CAGR of 9.4% during the forecast period.
Middle East is expected to dominate the water desalination equipment market over the forecast period.
Leading players in the global water desalination equipment market include GE Water & Process Technologies, Hyflux Ltd, Genesis Water Technologies, Koch Membrane Systems, Cadagua, Doosan Heavy Industries & Construction, Degremont SAS, IDE Technologies, Biwater Holdings Limited, The Dow Chemical Company, among others.
The report explores crucial aspects of the water desalination equipment market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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