Acceleware Ltd V.AXE

Desalination Industry Statistics

[Whampoa]

Hmmm, 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)