Water Desalination Market Size to Hit US$ 29.1 Billion by 2030

WD News: As per a new report by Adroit Market Research, the water desalination market is expected to grow at a compound annual growth rate of 9.1% during the projection period of 2022-2030.

The market for water desalination is projected to grow from US$13.8 billion in 2019 to US$ 29.1 billion in 2030 at a CAGR of 9.1% during the forecast period (2022-2030).

This expansion is being fuelled by the rising demand for drinkable water brought on by overpopulation and the industrialisation of underdeveloped countries.

As per the report, water desalination has the largest market in North America, followed by Europe and the Asia-Pacific region. The enormous portion of North America can be attributed to the area’s abundance of desalination facilities. The region also has a high need for clean water as a result of the strict environmental rules.

Source: Adroit Market Research
Image Courtesy: Pixabay

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