Market Size of Desalination System Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.54 Trillion |
| Market Size (2029) | USD 2.35 Trillion |
| CAGR (2024 - 2029) | 8.91 % |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | Middle East and Africa |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Desalination System Market Analysis
The Desalination System Market size is estimated at USD 1.54 trillion in 2024, and is expected to reach USD 2.35 trillion by 2029, growing at a CAGR of 8.91% during the forecast period (2024-2029).
The desalination market was negatively impacted by COVID-19 as it restricted the operating activities of several industries, including the power and petrochemical industries. Implementing stringent lockdown measures led to a halt of industrial operations. However, the sector has been recovering well since restrictions were lifted. The growing industrial activities supported by restored supply chains and operating rates, growing residential and commercial spaces, and increasing population have been registering the positive demand for desalination systems.
- Over the short term, increasing demand from the Middle East and North Africa due to the lack of fresh water supply and the growing demand for desalinated water for industrial purposes are the major factors driving the growth of the market studied.
- However, RO membrane fouling and environmental repercussions of desalination are the key factors anticipated to restrain the growth of the target industry over the forecast period.
- Nevertheless, the rising number of upcoming desalination projects is likely to create lucrative growth opportunities for the global market soon.
- The Middle East and Africa emerged as the largest market for desalination systems due to the growing demand for desalinated water from various countries for industrial applications.
