Solar Water Desalination Plant Market Analysis

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Global Solar Water Desalination Plant Market to
Grow with a CAGR of 10.49 over 2022-2031
Rising Need for Fresh Water, Government
Initiatives for Water Desalination and New
Technology is to Elevate the Market
Growth Kenneth Research has released a report
titled Solar Water Desalination Plant Market
Global Demand Analysis Opportunity Outlook
2031 which also includes some of the prominent
market analyzing parameters such as industry
growth drivers, restraints, supply and demand
risk, along with the impact of COVID-19 and a
detailed discussion on the latest trends and
future opportunities that are associated with the
growth of the market.
The global solar water desalination plant market
is to grow at a CAGR of 10.49 over the forecast
period, i.e., 2022-2031. The market garnered a
revenue of USD 5,730.33 million by the end of
2031. It was valued at USD 2130.43 million in
2021. Increased population requiring more fresh
water,
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developmental projects by government, rising
adoption of solar energy and hybrid desalination
plants are few factors to drive the market
growth. Global water demand is about 4,600 km3
per year and it is expected to reach nearly 6000
km3 by 2050. The global solar water desalination
plant market is segmented by membrane process,
method, application, and by region. On the basis
of application, the market is fragmented into
industrial, agriculture, municipal, and
commercial. Out of these, the municipal segment
is expected to garner the highest revenue of USD
2,065.65 million by the end of 2031. It is
expected to grow at a CAGR of 10.26 over the
forecast period. Furthermore, the segment
collected USD 784.46 million as a revenue in
2021. Increasing water consumption for domestic
use and lack of fresh water is to boost the
growth of the segment. For more
descriptions_at_https//www.kennethresearch.com/repor
t- details/solar-water-desalination-plant-market/
10352416 On the basis of region, global solar
water desalination plant market is segmented
into North America, Europe, Asia Pacific, Latin
America and Middle East Africa region. Out of
all, the market in Middle East and Africa is to
be leading by accumulating a revenue of USD
2,085.84 million by the end of 2031. It is
expected to grow at the highest CAGR of 11.83
over the forecast period. Lower availability of
water in highly populated region is the primary
factor for the growth of the market. The research
is global in nature and covers detailed analysis
on the market in North America (U.S., Canada),
Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands Luxembourg,
NORDIC Finland, Sweden, Norway, Denmark,
Poland, Turkey, Russia, Rest of Europe), Latin
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America (Brazil, Mexico, Argentina, Rest of Latin
America), Asia-Pacific (China, India, Japan,
South Korea, Indonesia, Singapore, Malaysia,
Australia, New Zealand, Rest of Asia-Pacific),
Middle East and Africa (Israel, GCC Saudi
Arabia, UAE, Bahrain, Kuwait, Qatar, Oman, North
Africa, South Africa, Rest of Middle East and
Africa). In addition, analysis comprising market
size, Y-O-Y growth opportunity analysis, market
players competitive study, investment
opportunities, demand for future outlook etc.
has also been covered and displayed in the
research report. High capital setup of solar
powered water desalination plant, improper
release of brine into water and negative impact
on environment of by products of products used
in desalination is to hamper the market growth of
solar water desalination plant. This report also
provides the existing competitive scenario of
some of the key players of the global solar
water desalination plant market, which includes
company profiling of Boreal Light GmbH, Osmosun,
Acciona, Fcubed SEA, Trunz Water Systems AG,
Abengoa, Solar Water Solutions Ltd., Photon
Energy Systems Limited, Elemental Water Makers
B.V., SolarOpia, and others. The profiling
enfolds key information of the companies which
comprises of business overview, products and
services, key financials and recent news and
developments. Conclusively, the report titled
Solar Water Desalination Plant Market Global
Demand Analysis Opportunity Outlook 2031,
analyses the overall global solar water
desalination plant industry to help new entrants
to understand the details of the market. In
addition to that, this report also guides
existing players looking for expansion and major
investors looking for investment in the global
solar water desalination plant market in the near
future.
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.com/sample- request-10352416 Kenneth Research
is a leading service provider for strategic
market research and consulting. We aim to
provide unbiased, unparalleled market insights
and industry analysis to help industries,
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