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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.


TSXV:AXE - Post by User

Post by Whampoaon May 12, 2024 12:14pm
112 Views
Post# 36035875

Desalination Industry Statistics

Desalination Industry StatisticsHmmm, a measely US$25 billion market, but 8-10% CIGAR


A quick google search:
https://gitnux.org/desalination-industry/

Details follows this summary:

Highlights: Desalination Industry Statistics

  • Global desalination market size was valued at USD 15.14 billion in 2020 (Grand View Research)
  • The desalination market is expected to reach USD 27.81 billion by 2028 (Grand View Research)
  • The global desalination market is expected to expand at a compound annual growth rate (CAGR) of 9.2% from 2021 to 2028 (Grand View Research)
  • Membrane product devices accounted for the largest revenue share of more than 68.5% in 2020 (Grand View Research)
  • There are more than 20,000 desalination plants across 150 countries (International Desalination Association)
  • Reverse Osmosis technology accounts for 69% of installed desalination capacity worldwide (International Desalination Association)
  • The Middle East and North Africa region has the highest number of desalination plants, accounting for 44% of global installed capacity (International Desalination Association)
  • The annual production capacity of desalinated water globally was about 95 million cubic meters per day in 2020 (World Health Organization)
  • Seawater accounts for 60% of the water source in global desalination operations (International Desalination Association)
  • Saudi Arabia produces the highest amount of desalinated water in the world, closely followed by the United Arab Emirates (Statista)
  • It is estimated that up to 1% of the world's population is dependent on desalinated water to meet daily needs (Statista)
  • The desalination capacity of Israel is 600 million cubic meters per year, making it a leader in the field of desalination (Financial Times)
  • Large-scale desalination projects have the potential to produce between 1,000 and 100,000 cubic meters of water every day (The Balance)
  • Nearly half of the desalination capacity installed globally is in the high-income countries of Saudi Arabia, the UAE, the US and Spain (Worldometers)
  • Desalination in the United States represents 17% of domestic water use in 2019 (US Geological Survey)
  • The largest desalination plant in the US, the Carlsbad Desalination Plant, produces approximately 50 million gallons per day (Poseidon Water)
  • Desalination is expected to become a $25 billion annual market by 2025 (Research and Markets)
  • In 2020, the municipal sector held over 44.1 % share in the global desalination market (Markets and Markets)
  • The thermal desalination process was valued at around $5 billion in 2018, and is expected to increase in the coming years (Global Market Insights)
  • The global desalination pump market size was estimated at USD 653.8 million in 2020 (Fortune Business Insights)


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