Dublin, April 20, 2021 (GLOBE NEWSWIRE) -- The "Desalination Technologies - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Fresh Water Scarcity Triggers a Desperate Search for Alternatives. Desalination Technologies to Reach US$24.6 Billion Amid Concerns Over Sustainability, Waste Brine Disposal & Carbon Emissions.

The global market for Desalination Technologies is projected to reach US$24.6 billion by the year 2027, trailing a post COVID-19 CAGR of 9.8%, over the analysis period 2020 through 2027.

Several factors over the decades have played a role in aggravating the shortage of water supply, which continuous to gain frightening proportions.

These factors include globalization, rapid economic development, industrialization, urbanization, pollution, water contamination, continued subsidization and promotion of unsustainable agricultural methods including inefficient irrigation methods, growing popularity of water-guzzling bio-fuel farming, water abuse in industrial and manufacturing sectors, short-sighted water policies, poor water conservation (lack of water harvesting and water retention strategies), growing population, and climate change in the form of higher than normal environmental temperatures and the ensuing evaporation of surface and ground water.

Groundwater withdrawals for industrial and agricultural use has been spiraling in sync with the rapid expansion of the manufacturing, energy industries and increase in acreage of arable land in response to food security concerns to feed a massively growing population. Ground water contamination is hitting a peak in developing countries, where over 70% of industrial waste is discharged untreated into water in addition to dumping over 90% of wastewater into water bodies without adequate treatment.

Key factors contributing to water pollution include increasing effluent discharge by industries in developing and developed countries alike, dumping of untreated or partially treated sewage residential homes and commercial businesses into water bodies, fertilizers and pesticides from farming and other discharges from farmlands, washing of sediments from construction sites into water bodies, among others.

In developing countries over 85% of wastewater is left untreated and is dumped into the water bodies such as lakes, rivers and coastal areas, thus jeopardizing food security, public health, and access to fresh potable drinking water. Industrial waste comprising of cadmium, arsenic, and bromides are hazardous to human health, and contamination of water with these toxins poses serious health issues.

Furthermore, with the increasing use of fertilizers for boosting agricultural productivity, nitrate contamination of ground water and rivers is increasing. The level of Nitrate contamination projected to increase it by over 15% globally especially in India and Africa over the next 3 decades. Aging and decaying water infrastructures and transport pipelines especially in developed countries are resulting in increased water losses.

Several regions including the United States are witnessing rapid depletion of water tables, and draining of high plains water. In the United States, water density in Lake Mead near Las Vegas declined by over 6 trillion gallons. The country on average uses 150 trillion gallons of fresh water a year while over 50% of rivers and lakes are being rendered unusable and unfit for human use as a result of pollution and contamination.

Select Competitors (Total 63 Featured):

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

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