Seawater desalination system market is anticipated to grow at a CAGR of 8.6% during the forecast period. Rise in introduction of cohesive government project and policies are anticipated to drive the growth of the global seawater desalination system market. For instance, in January 2023, The Moroccan government launched 3 new seawater desalination projects in the cities of El Jadida, Safi, and in the Oriental region. The operation has also been started in the starting of 2023, which will increase the water production from desalination to at least 1 billion m3 by 2030. Furthermore, the growing adoption of hybrid desalination technologies is another factor anticipated to offer lucrative growth opportunities to global market. However, environmental issues pertaining to discharge of dense brine may restrain the growth of the global market.
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The global seawater desalination system market is segmented based on technology and applications. Based on technology, the market is sub-segmented into Reverse Osmosis (RO), Multi-stage Flash (MSF) distillation, and Multi-effect Distillation (MED). Based on application, the market is divided into municipal and industrial. Among these, the municipal sub-segment is expected to hold a major share of the market. According to the International Water Association (IWA), freshwater produced from seawater desalination meets about 1.0% of global requirements currently. Thus, companies such as Veolia support municipalities and industries across the globe in implementing appropriate desalination strategies.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Seawater Desalination System Market Report Segment
By Technology
- Reverse Osmosis (RO)
- Multi-Stage Flash (MSF) Distillation
- Multi-Effect Distillation (MED)
By Application
- Municipal
- Industrial
Global Seawater Desalination System Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global seawater desalination system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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