PUBLISHER: BCC Research | PRODUCT CODE: 1382557
PUBLISHER: BCC Research | PRODUCT CODE: 1382557
The global market for seawater and brackish water desalination is estimated to increase from $17.4 billion in 2023 to reach $25.7 billion by 2028, at a compound annual growth rate (CAGR) of 8.1% from 2023 through 2028.
Middle Eastern and African seawater and brackish water desalination is estimated to increase from $9.0 billion in 2023 to reach $14.0 billion by 2028, at a compound annual growth rate (CAGR) of 9.3% from 2023 through 2028.
Asia-Pacific seawater and brackish water desalination is estimated to increase from $4.0 billion in 2023 to reach $5.6 billion by 2028, at a compound annual growth rate (CAGR) of 7.0% from 2023 through 2028.
##img_0##
There are five sources of water for the desalination industry: brackish, seawater, brine, river, and pure water. This report covers only seawater and brackish water, which together account for more than 85% of the desalination industry. Brackish water and seawater are both types of salt water, but these sources differ by total dissolved solids (TDS). Each type of water requires different treatment methods. Brackish water is a blend of freshwater and seawater, characterized by a lower salt concentration than seawater. Seawater refers to the saline water naturally occurring in the ocean with a higher salt content.
Desalination plants range from small to large industrial or municipal facilities. This study discusses the status of global water resources and the growing gap between freshwater resources and demand for water from all sectors. The specific growth drivers for and the challenges related to the evolution of the desalination equipment market are presented.
A technical overview of the primary desalination technologies is provided on the basis of membrane- and thermal-based technologies, as well as an overview of novel desalination methods. This updated version includes a study of the industrial segment, including the oil and gas, chemical, dairy, food and beverage, paper and pulp, pharmaceutical, semiconductor, and power industry and refinery sectors. The report presents the hypothetical unit cost of water as produced by the primary technologies as well as the sensitivity of that cost to variations in economic parameters.
The report also features a chapter highlighting the sustainability perspective of the seawater and brackish water desalination market at the global level. The chapter covers companies' performance in terms of ESG parameters.
The market size and estimates are provided in terms of value ($ millions), with 2022 serving as the base year and market forecasts given for the period 2023 to 2028. Regional-level market sizes, with respect to technology and application, are also provided.
Figure A : Research Methodology: Bottom-Up Approach