United States Desalination Market will reach to US$ 2.63 Billion by 2028
United States Desalination Market will reach to US$ 2.63 Billion by 2028 from US$ 1.63 Billion in 2022, according to the publisher. The various techniques used for water purification include thermal and membrane processes. Water scarcity is one of the important issues to be looked upon in coming years, as only 3% of usable water is present on earth. Currently, desalination accounts for 1% of the drinking water across the globe. Apart from this, the other factors which are expected to drive the market growth are rising consumer awareness regarding clean water, regulations for water conservation and consumption, and increasing urbanization.
The United States is facing a shortage of freshwater reserves, particularly in California, Florida, and Texas, which are the leading states in the US desalination market. These regions are deficient in surface water sources like rivers and lakes, necessitating the establishment of desalination plants to meet the increasing demand for water. The desalination market is experiencing a surge in demand, thanks to the continual progress in desalination technology. The viability of seawater and brackish water development in the United States is reliant on the implications of the water and energy nexus. As a result, United States Desalination Market will grow at a CAGR of 8.30% from 2023 to 2028.
Reverse Osmosis will remain the market leader, owing to its benefits of easy processing, low installation cost
Based on Technology, The U.S. desalination Market is divided into Reverse Osmosis (RO), Multi-Stage Flash (MSF) Distillation, Multi effect Distillation (MED) and Others. The United States reverse osmosis desalination market is of great importance due to the growing water scarcity and high demand for fresh water in areas such as California, Florida, and Texas. Reverse osmosis has emerged as a favored technology for producing freshwater from brackish or seawater, owing to its cost-effectiveness, low energy consumption, and superior efficiency. Furthermore, as a technologically advanced country, the US is driving innovation in desalination technology, which is further boosting the demand for reverse osmosis systems.
United States Urban Population is growing, and Traditional Freshwater Sources are becoming scarcer, leading to an increasing demand for clean water in Urban Areas
Based on Application, United States desalination industry was segmented into Municipal, Industrial and Others. Where Municipal application will capture most of the share due to the rising demand for clean water in urban areas, the United States municipal desalination market has gained significant importance. Municipalities are in need of dependable and sustainable water sources to meet the growing water demands of their populations, particularly in regions facing water scarcity, droughts, and the effects of climate change.
Additionally, the US government has implemented policies and regulations to promote water conservation and management, resulting in a heightened emphasis on desalination as an alternative water supply source. As a consequence, the US municipal desalination market is projected to experience substantial growth in the coming years.
The US Industrial desalination market is expanding due to various reasons industries need high-quality water, technological advancements, increasing regulations related to water quality and discharge standards and increasing concerns about climate change and droughts. These factors have contributed to the growth of the United States Industrial desalination market.
Brackish Water Desalination demand in the United States Desalination market is expanding as Brackish Water is a more abundant source of Water compared to Seawater
By Source, USA Desalination market is split into Sea Water, Brackish Water, River Water and Others. Over the forecast period, it is expected that the brackish water sector will experience a greater market share. This is due to the abundance of sources of brackish water that can be utilized to generate freshwater, which is anticipated to fuel the demand for brackish water desalination technology across the United States of America.
In response to the drought conditions affecting the Colorado River, the United States is turning to desalination as a potential solution to address the river's shortfall and increase water supplies in the western region of the country. There is currently a significant demand for the river water desalination industry in the Western United States. While most desalination plants in the US use seawater or brackish water as their source, there is growing interest in exploring the feasibility of using river water desalination as a means of mitigating water scarcity in specific areas.
Florida will contribute maximum market in United States Desalination Market
By Region, United States desalination market divided into Florida, California, Texas, North Carolina, Iowa, Illinois, Arizona and Others. Florida is poised to make a significant contribution to the United States' desalination market. The state's rapidly growing population and tourism industry have led to a higher demand for water, prompting the exploration of alternative sources like desalination. Moreover, Florida's favorable geography and geology make it an ideal location for desalination, with an abundant supply of seawater that can be readily accessed and processed. The state has already invested heavily in desalination infrastructure, with numerous large-scale plants in operation, including the Tampa Bay Seawater Desalination Plant, which is one of the largest in the country and can produce up to 25 million gallons of freshwater per day.
Key Company Analysis
The United States' desalination market is characterized by a high degree of fragmentation, with numerous key players operating within the industry. These major players include Veolia Environnement SA, Doosan Enerbility Co. Ltd, Xylem, Ferrovial, S.A., DuPOnt, Wartsila, Danfoss, DOW, and several others.
Nine projects that offer innovative and novel water treatment technologies, which may potentially make previously unusable water available, have been awarded a total of US$ 1.69 Million in funding by the Bureau of Reclamation as of November 2022.
As of September 2022, the Department of Water Resources (DWR) has made available US$ 6 Million in financial aid to support desalination projects that aim to establish new sources of local water supplies in California.
The report 'United States Desalination Market by Technology (Reverse Osmosis(RO), Multi-Stage Flash(MSF) Distillation, Multi effect Distillation (MED) and Others), Application (Municipal, Industrial and Others), By Source (Sea Water, Brackish Water, River Water and Others), Region (Florida, California, Texas, North Carolina, Iowa, Illinois, Arizona and Others), Company Analysis (Veolia Environment SA, Doosan Enerbility Co. Ltd, Xylem, Ferrovial, S.A.,DuPOnt, Wartsila, Danfoss and DOW).' studies on United States Water Desalination Industry.
Technology - USA Desalination Market studied from 4 Types of Technology
1. Reverse Osmosis
2. Multi-stage Filtration
3. Multi-effect Distillation
4. Others
Application - USA Desalination Market breakup from 3 viewpoints
1. Municipal
2. Industrial
3. Others
Source - USA Desalination Market breakup from 4 viewpoints
1. Sea Water
2. Brackish Water
3. River Water
4. Others
Region - Desalination Market breakup from 8 viewpoints
1. Florida
2. California
3. Texas
4. North Carolina
5. Iowa
6. Illinois
7. Arizona
8. Others
All the 8 Companies have been covered from 3 viewpoints
- Overviews
- Recent Developments
- Revenues
Company Analysis
1. Veolia Environnement SA
2. Doosan Enerbility Co. Ltd
3. Xylem
4. Ferrovial, S.A.
5. DuPOnt
6. Wartsila
7. Danfoss
8. DOW
Table of Contents
Companies Mentioned
- Veolia Environnement SA
- Doosan Enerbility Co. Ltd
- Xylem
- Ferrovial, S.A.
- DuPOnt
- Wartsila
- Danfoss
- DOW
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | April 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 1.63 Billion |
| Forecasted Market Value ( USD | $ 2.63 Billion |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | United States |
| No. of Companies Mentioned | 8 |
Related Reports
North America Water Desalination Market Outlook, 2029
- Report
- 85 Pages
- North America
Desalination Technologies Global Market Report 2024
- Report
- 175 Pages
- Global
Water Desalination Equipment - Global Strategic Business Report
- Report
- 89 Pages
- Global
About the Desalination Market
The desalination market is a subset of the global water industry, focused on the removal of salt from seawater or brackish water to produce potable water. Desalination is a process that has been used for centuries, but has become increasingly important in recent years due to the growing demand for fresh water. Desalination is a cost-effective solution for areas with limited access to freshwater sources, and is also used to supplement existing water supplies. Desalination technologies vary in Read more
