The study “Global Water Desalination Equipment Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Technology, Source Application, and Region” has been added to the offering at ResearchAndMarkets.com.
According to this report, the Global Water Desalination Equipment Market was estimated at US$ 7 billion in 2017.
It is anticipated to be US$ 10 billion in 2022, with a market size of US$ 16 billion by 2028, rising at an 8% CAGR from 2022 to 2028.
Due to water scarcity, which indicates a shortage of freshwater resources to meet the regular demand for water consumption for public use, the global market for water desalination equipment is expanding.
According to the United Nations, water scarcity affects 700 million people in more than 43 nations worldwide.
Environmental difficulties caused by Brine Discharge, a byproduct of a successful desalination process, are one of the most significant challenges confronting the worldwide desalination equipment market.
Because the installation cost of a brine treatment system is prohibitively expensive, corporations prefer to dump the brine directly into the sea, which has a negative impact on marine flora and wildlife.
Source: Research and Markets
