Water Desalination Plant Equipment Market 2030: Valves Turn the Tide
Water Desalination Plant Equipment Market Growth & Trends The global water desalination plant equipment market size is anticipated to reach USD 73,616.8 million by 2030 and is projected to grow at a CAGR of 10.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising concerns regarding water scarcity and a significant increase in industrial activities are likely to drive the growth of the market. The scarcity of freshwater reserves, coupled with the rising demand for water in various arid regions, as these areas lack sources of surface water such as lakes and rivers, has resulted in augmenting the number of desalination plants globally. Since 1990, over half of the wetlands on the earth have disappeared owing to climatic changes. Moreover, according to the United Nations' World Water Development Report 2024, 2.2 billion people lacked access to safely managed drinking water services in 2022, thereby contributing to water scarcity globally.a F...