Desalinators Market is expected to
display higher growth rate over the next five years. Rapid surge in the market
is credited to the rising consumable water demand and depleting freshwater
bodies. Other factors such as ever-growing population and rapid
industrialization are expected to drive market demand for water desalinators
over the coming years. Globally, market is predicted to generate massive
revenue over next five years, providing numerous opportunities for industry
participants to invest in research and development of desalinator market.
The recent technological advancement in water treatment
sector and development of innovative products such as membrane systems, pumps
and evaporators are predicted to offer several growth prospects for industry
participants over the forecast period. In addition, rising awareness among
general population associated with water conservation is expected to play a
major role in future market growth. Stringent laws & regulation by
government authorities related to water treatment is anticipated to fuel
industry demand in the upcoming years.
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Additionally, use of recycled wastewater for landscaping and
irrigation is expected to positively impact market performance. Growing
adoption of water desalinators from the Middle East & Africa region on
account of the high supply-demand gap of potable water is propelling market
demand as well. Water desalinators are used to remove mineral components from
saline water. Water desalinators are typically used for soil treatment, in
which salts and minerals are separated from a target substance.
Saltwater is desalinated to produce water suitable for human
consumption or irrigation. Salt is a by-product of desalination. Desalination
is used on many ships and submarines. Development of reverse osmosis, which is
water desalination technology, is used prominently on a global-scale because of
its self-sufficiency and independence from the use of fossil fuels for its
operations.
The desalinator market is broadly categorized into three
major segments based on the application type such as municipal, industrial and
commercial sector. Municipal segment is growing rapidly in the market with
substantial revenue generation in the last few years.
The market is divided by region as North America, Europe,
Asia-Pacific, Latin America and Africa. North America has shown major growth in
recent years owing to the rise in the implementation of latest technologies in
water treatment, surge in number of research & development activities in
the region and existence of well-established industrial infrastructure. In
European region, Germany, France, and United Kingdom are projected to witness
steady growth.
The key players in the desalinators market are GE Corp.,
Doosan Heavy Industries & Construction, Suez Environnement, and Veolia
Environnement S.A.
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