Water Desalination Equipment Market Foreseen To Increase Exponentially By 2030
Water Desalination Equipment Industry The global market for water desalination equipment was valued at approximately USD 18.36 billion in 2024 and is expected to experience a significant growth rate, with a compound annual growth rate (CAGR) of 9.6% projected between 2025 and 2030. This growth is driven primarily by the increasing scarcity of freshwater resources combined with the rising demand for water across many arid and semi-arid regions around the world. These regions typically lack natural surface water sources such as lakes, rivers, or reservoirs, which has led to a growing need for water desalination technologies and equipment on a global scale. Data from the World Economic Forum highlights that by the year 2030, global demand for freshwater is expected to surpass available supply by as much as 40%, resulting in approximately 1.6 billion people facing a lack of access to safely managed drinking water. At present, nearly 4 billion individuals reside in regions classified ...