Published on : Jun 21, 2016
ALBANY, New York, June 21, 2016: ResearchMoz.us has added a new market study, titled “The Global Desalination Market to 2026,” to its expanding database. The report on the global desalination market focuses on the shifting trends in this market over the next decade ending in 2026. It also includes an in-depth overview of the trends in this market in key countries across regional segments, with a detailed look into the market driving forces and restraints.
The report on the global desalination market includes an in-depth SWOT analysis until the end of 2026. The indices pertaining to strength, weaknesses, opportunities, and threats of this market until the end of the forecast period are discussed at length in this chapter. Factors such as water scarcity, new research and development, and financial costs are taken into consideration to present the SWOT analysis.
The report says that the global desalination market was valued at US$7,865 mn in 2011. Displaying a CAGR of 9.9% between 2011 and 2016, this market will be valued at US$12,603 mn until the end of 2016. In the 2011-2016 period, the growth of the global market is primarily driven due to completion of several high profile projects for desalination.
However, the growth of this market will be impeded in the coming years. Between 2016 and 2021, the global desalination market is expected to display a CAGR of below 5%, a growth rate to be displayed first time in 20 years. This is mainly due to financial uncertainties in some Middle East countries; the expected oil price fluctuations in the next 5-10 years have stalled desalination projects in these countries.
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The report says that several prominent regions in the desalination market will delay the commencement of new projects, to focus on new technology on existing sites. In this regard, countries such as the U.S., Israel, Saudi Arabia, and Australia that have committed huge investments on long-term desalination projects are likely to upgrade existing plant capabilities instead of starting new projects. Europe and North Africa will display growth in the overall desalination market until 2026, adds the report.
Desalination involves removing salt from seawater to convert it into fresh drinking water. Though based on reverse osmosis membrane technology, desalination neither guarantees safe drinking water, nor an efficient plant.
Some of the major vendors that have a presence in the global desalination market are Abengoa S.A., Aqualia, Cadagua, Fisia Italimpianti, GS Inima, IDE Technologies Ltd., Suez Environment – Degrémont, Veolia Environment SA, Acciona, Biwater, Doosan Heavy Industries & Construction Co. Ltd., General Electric Water & Process Technologies, Hyflux, Sadyt, and Tedagua.
The report is a vital tool for its many offerings. The report presents an assessment of this market based on an extensive research phase and interviews with experts in the desalination sector and associated agencies.
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