Seawater Desalination System Market
Seawater Desalination System Market Size, Share & Trends Analysis Report by Technology (Reverse Osmosis (RO), Multi-stage Flash (MSF) distillation, and Multi-effect Distillation (MED)), and by Application (Municipal and Industrial) Forecast Period (2023-2030)
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.
Segmental Outlook
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.
Reverse Osmosis (RO) Sub-Segment is Expected to Hold a Considerable Share of the Market
Reverse Osmosis (RO) is a water purification process that uses a partially permeable membrane to separate ions, unwanted molecules and larger particles from drinking water. The high adoption of RO technology for desalination owing to its capacity to remove dissolved salts without addition of any other chemical is a key factor responsible for the high share of this market segment.
Regional Outlooks
The global seawater desalination system market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). Among these, the Asia-Pacific region is anticipated to cater to considerable growth over the forecast period. Growing demand for potable water has driven the regional market growth. Thus, the government is focusing on introducing new seawater desalination plant across the region. For instance, in June 2022, the Gujarat Industrial Development Corp. (GIDC) commissioned the desalination plant at Dahej, supplying water to industries. “From this plant, 100 MLD water will be delivered daily to the industries in the area. The price of 1,000 liters of treated water will be $0.32. Further, in August 2022, Sindh Chief Minister Syed Murad Ali Shah also announced to install two new seawater desalination plants, each one of five million gallons per day and to acquire a seawater desalination plant abandoned at Karachi Nuclear Power Plant (KANUPP). Growth in the development of desalination systems across the emerging economies is a key factor contributing to the regional market growth.
Global Seawater Desalination System Market Growth, by Region 2023-2030
The Middle East & Africa Region to Hold a Considerable Share in the Global Seawater Desalination System Market
The Middle East & Africa is expected to hold a considerable share of the global seawater desalination system market. The presence of minimal level of consumable water, water scarcity along with high rate of consumer water quality degeneration is contributing to the regional market. For instance, in April 2023, Yokogawa Electric Corp. announced that its subsidiary, Yokogawa Saudi Arabia, has received an order from the Saline Water Conversion Corporation to supply control systems and other solutions for the 1 Million Project, which will introduce seawater RO technology at the Al Jubail desalination plant. It is a world-scale facility with a water production capacity of 1 million m3 per day. The construction contractor for this project is a consortium between Saudi Services for Electro Mechanic Works Company and Metito Saudi Arabia.
Market Players Outlook
The major companies serving the global seawater desalination system market include Chevron Corp., Royal Dutch Shell plc, Marathon Oil Corp., Occidental Petroleum Corp., and Exxon Mobil Corp. among others. The market players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2023, Oman (Nama) installed the first-ever floating desalination plant in Oman. The company has introduced floating and mobile water desalination plants in the Musandam Governorate, which offer desalination, transportation, and distribution operations. The floating plants use international technologies in reverse osmosis and the potable water will benefit 70 marine villages.
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.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Acciona, S.A.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Doosan Heavy Industries
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.3.5.
3.4. Hitachi Zosen Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Suez SA
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Veolia Environnement S.A.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Seawater Desalination System Market by Technology
4.1.1. Reverse Osmosis (RO)
4.1.2. Multi-stage Flash (MSF) distillation
4.1.3. Multi-effect Distillation (MED)
4.2. Global Seawater Desalination System Market by Application
4.2.1. Municipal
4.2.2. Industrial
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Abengoa, S.A.
6.2. Aquatech International LLC
6.3. Biwater International Ltd.
6.4. Hangzhou Water Treatment Technology Development Center Co., Ltd.
6.5. Hyflux Ltd.
6.6. IDE Technologies
6.7. Metito Ltd.
6.8. Shanghai Safbon Water Service Co., Ltd.
6.9. VA Tech WABAG Ltd.
6.10. Water & Environment Technologies Co. Ltd. (WETICO)
1. GLOBAL SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
2. GLOBAL SEAWATER DESALINATION SYSTEM BY REVERSE OSMOSIS (RO) MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL DISTILLATION SEAWATER DESALINATION SYSTEM BY MULTI-STAGE FLASH (MSF) MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL SEAWATER DESALINATION SYSTEM BY MULTI-EFFECT DISTILLATION (MED) MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
6. GLOBAL SEAWATER DESALINATION SYSTEM FOR MUNICIPAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBALSEAWATER DESALINATION SYSTEM FOR INDUSTRIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. NORTH AMERICAN SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
10. NORTH AMERICAN SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
11. NORTH AMERICAN SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
12. EUROPEAN SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
13. EUROPEAN SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
14. EUROPEAN SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
15. ASIA-PACIFIC SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
16. ASIA-PACIFIC SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
17. ASIA-PACIFIC SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
18. REST OF THE WORLD SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
19. REST OF THE WORLD SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
20. REST OF THE WORLD SEAWATER DESALINATION SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
1. GLOBAL SEAWATER DESALINATION SYSTEM MARKET SHARE BY TECHNOLOGY, 2022 VS 2030 (%)
2. GLOBAL SEAWATER DESALINATION SYSTEM BY REVERSE OSMOSIS (RO) MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL DISTILLATION SEAWATER DESALINATION SYSTEM BY MULTI-STAGE FLASH (MSF) MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL SEAWATER DESALINATION SYSTEM MULTI-EFFECT DISTILLATION (MED) MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL SEAWATER DESALINATION SYSTEM MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
6. GLOBAL SEAWATER DESALINATION SYSTEM FOR MUNICIPAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL SEAWATER DESALINATION SYSTEM FOR INDUSTRIAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL SEAWATER DESALINATION SYSTEM MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. US SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
10. CANADA SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
11. UK SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
12. FRANCE SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
13. GERMANY SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
14. ITALY SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
15. SPAIN SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
16. REST OF EUROPE SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
17. INDIA SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
18. CHINA SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
19. JAPAN SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
20. SOUTH KOREA SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
21. REST OF ASIA-PACIFIC SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
22. REST OF THE WORLD SEAWATER DESALINATION SYSTEM MARKET SIZE, 2022-2030 ($ MILLION)
