Market Overview:

The Water Desalination Market size is estimated to reach $35 billion by 2031, growing at a CAGR of 9.8% during the forecast period 2025-2031, according to a recent report published by IndustryARC, titled, “Water Desalination Market – By Source (Seawater, Brackish Water, Surface Water, Ground Water, Wastewater, Others), By Technology (Membrane Technology (Reverse Osmosis, Electrodialysis, Electrodialysis Reversal (EDR), Nanofiltration, Others), Thermal Technology (Multi-Stage Flash Distillation (MSF), Multi-Effect Distillation (MED), Vapour Compression Distillation (VCD), Others), Others), By Application (Municipal, Industrial, Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2025-2031”

Rising industrialization and government investments are fueling the growth of the Water Desalination industry during the forecast period.

Asia-Pacific Dominated the Market in 2024:

APAC dominates the water desalination market in 2024 due to rapid urbanization, industrial growth, and increasing water scarcity. In June 2024, SUEZ, a global leader in water and waste management, announced three innovative projects in Asia at the Singapore International Water Week (SIWW), reinforcing APAC’s dominance. The region benefits from high investments in advanced desalination technologies, government support, and strategic public-private partnerships that enhance project feasibility. Rising demand for quality freshwater and continuous innovation strengthen APAC’s market leadership. Integration of energy-efficient membrane technologies and comprehensive water management policies further solidify APAC as a global hub for sustainable solutions. 

Water Desalination Market: Key Takeaways

Rising Freshwater Demand is Driving the Market Growth:

Rising freshwater demand drives the water desalination market in 2024, propelled by urbanization and population growth. As water resources become increasingly strained, governments and investors pursue innovative desalination solutions to meet critical needs. The UN warns that global freshwater demand may exceed supply by 40% by 2030, intensifying urgency. Advances in reverse osmosis and nanofiltration enhance operational efficiency and reduce costs, further fueling market adoption. Supportive government policies and strategic public-private partnerships accelerate growth. Continuous investment in research and development fosters breakthrough improvements, ensuring sustainable water supply and improved quality of life in water-scarce regions, while solidifying desalination as a component of global water security.

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Market Growth Driven by Government Support and Public-Private Partnerships:

Robust government support and strategic public-private partnerships drive significant growth in the water desalination market. These collaborations create favorable regulatory environments and unlock funding opportunities, accelerating state-of-the-art project development. Governments invest in infrastructure improvements and adopt progressive policies to facilitate technology integration. For instance, in March 2023, the DOE awarded $9 million to 12 projects advancing desalination and water reuse technologies across the U.S., demonstrating public sector commitment. Meanwhile, private involvement delivers innovative solutions and operational expertise. This synergy enhances project feasibility and ensures adherence to water quality standards, enabling municipalities and industries to expand freshwater supply, fostering economic development and sustainability in water-scarce regions. 

Scope of the Report: 

      Report Metric

                        Details

Base Year Considered

2024

Forecast Period

2025-2031

CAGR

9.8%

Market Size in 2031

$ 35 billion

Segments Covered

By Source, By Technology, By Application, and By Region

Regions Covered

North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East, and Africa).
 

Key Market Players
  1. Acciona, S.A.
  2. Biwater Holdings Limited
  3. Aquatech International LLC
  4. IDE Technologies
  5. Veolia Water Technologies
  6. Doosan Enerbility Co., Ltd.
  7. Genesis Water Technologies
  8. SUEZ Group
  9. VA Tech Wabag Ltd.
  10. DuPont de Nemours, Inc.


Water Desalination Market: Competitive Landscape

Key companies profiled in the Water Desalination Market are Acciona, S.A., Biwater Holdings Limited, Aquatech International LLC, IDE Technologies, Veolia Water Technologies, Doosan Enerbility Co., Ltd., Genesis Water Technologies, SUEZ Group, VA Tech Wabag Ltd., DuPont de Nemours, Inc., and others.

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