Press Release

Saudi Arabia Water Treatment System Market Expands with Globe Valves Segment at a robust CAGR of 10.52%

Impact of Industry 4.0 and Rise in Demand For Maintenance Service are likely to propel the market of water treatment systems across the county during upcoming years.

According to TechSci Research report, “Saudi Arabia Water Treatment System Market – By Region, Forecast and Opportunity, 2018-2028,

A significant driver propelling the Saudi Arabia Water Treatment System Market is the proactive involvement of the government in implementing strategic initiatives and substantial investments to address the nation's water challenges. Recognizing the critical importance of sustainable water management, the Saudi government has committed to extensive water infrastructure projects, including the development of desalination plants, wastewater treatment facilities, and distribution networks. Vision 2030, a transformative national agenda, places a strong emphasis on the efficient use of water resources, driving the demand for advanced water treatment technologies.

Government-driven policies, such as the National Transformation Program and the Saudi Vision 2030, act as catalysts for the Water Treatment System Market by providing financial support, regulatory frameworks, and incentives for private and public sector participation. These initiatives not only aim to ensure a reliable and safe water supply for the growing population but also position the Kingdom as a global leader in sustainable water management. The commitment to large-scale investments and forward-thinking policies creates a favorable environment for the growth and innovation of the Water Treatment System Market in Saudi Arabia.

The escalating concerns related to water scarcity in Saudi Arabia act as a compelling driver for the Water Treatment System Market. The nation faces severe water scarcity challenges due to its arid climate, limited freshwater resources, and increasing demands from a growing population and expanding industrial sectors. As traditional water sources become insufficient to meet the rising needs, there is a heightened urgency to adopt advanced water treatment solutions to optimize available resources and ensure the sustainability of water supplies.

The Water Treatment System Market experiences a surge in demand as industries and municipalities seek innovative technologies to treat and recycle water efficiently. Desalination, a key component of the market, becomes increasingly pivotal in providing a substantial portion of the country's freshwater. The pressing reality of water scarcity not only underscores the immediate need for advanced treatment solutions but also fosters a culture of water conservation, regulatory compliance, and the exploration of cutting-edge technologies within the Saudi Arabian water sector. The market's response to these concerns reflects its crucial role in addressing the nation's water scarcity challenges and building a resilient water infrastructure for the future.

Browse over 55 market data Figures spread through 212 Pages and an in-depth TOC on the "Saudi Arabia Water Treatment System Market"

 

The Saudi Arabia Water Treatment System market is segmented into technology, operating model, instrument, chemical type, fabrication, applications and region.

Based on chemical type, the Desalination Water Treatment Chemicals segment in Saudi Arabia Water Treatment System market is anticipated to stood at USD 1824.34 Million, with a market share of 35.60% in 2023 and the market is projected to reach USD 3103.70 Million in the next five years, exhibiting a CAGR of 11.21%, in value terms, during 2023E-2028F, on account of large-scale development of Desalination Water Treatment projects.

In 2021, SWCC produced 2.2 billion cubic meters of water and operated 32 production plants. As a byproduct of water distillation, it generated 47 million megawatts per hour of electricity.

The Ras Al-Khair Power and Desalination Plant, which is a power and desalination plant located in Ras Al-Khair on the eastern coast of Saudi Arabia, is the world's largest hybrid water desalination plant.

Additionally, IWP-Tabuk is one of several independent water plants that are being developed in Saudi Arabia as part of the Kingdom's Vision 2030 plan to diversify the water sector.

Thus, companies engaged in providing Water Treatment System services in Saudi Arabia are recommended to focus on Desalination Water Treatment Chemicals segment to capture more opportunities.

Based on application, the Residential segment anticipated to register a largest share of 40.12% in the Saudi Arabia Water Treatment System market in 2023. This segment is expected to maintain its market dominance over the next five years.

Saudi Arabia has a large and growing population, which creates a significant demand for clean drinking water. There is a growing awareness among Saudi residents of the importance of clean water for health and well-being. This is driving the demand for water treatment systems in homes.

November 2021: Top Saudi real estate developers formed a tripartite alliance to establish a housing project in Riyadh. They will build 580 villas spread over 300,000 sq. m. Al-Othman Group, Tamimi Real Estate, and Isam Khairi Kabbani, under Tilal Properties, which will develop the project in Aljwan, north of Riyadh. The project will benefit members of the Saudi Housing Ministry's Sakani program, which aims to increase housing ownership for Saudis to 70%, in line with the Saudi Vision 2030.

Therefore, leading companies in the Saudi Arabia Water Treatment System market are suggested to focus on the Residential sector in the application segment to capture more market share in the Saudi Arabia Water Treatment System market..

 

Key market players in the Saudi Arabia Water Treatment System market are: -

 

  • Tecnicas De Desalinizacion De Aguas SA
  • AES Arabia Ltd.
  • Alkhorayef for Water & Power Technologies Company
  • Coxabenoga
  • Washnah Contracting
  • Al Yamama Company
  • Veolia Water Technologies
  • Metito L.L.C.
  • Water & Environment Technologies Company
  • Abdullah Ibrahim Al Sayegh and Sons Company
  • Al-Rukheez Contracting Company
  • Al Mousa Group
  • Mowah Company
  • Samnan Water Solutions Company
  • AquaTech Water Engineering Technology Company
  • Hidroten S.A.
  • Water Secret Contracting
  • Meras Water Solutions
  • Saudi Salwa Co.
  • Ion Exchange Arabia For Water
  • Water & Environmental Services Co (Moya)
  • Toray Membrane Middle East LLC
  • Juffali
  • Akel Trading & Ind. Company
  • Pure Aqua Saudi Arabia
  • Saudi Services For Electro Mechanic Works
  • ACCIONA Agua Saudi Arabia
  • Alfanar Group
  • Rawafid Industrial Company

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“The Saudi Arabia Water Treatment System Market is expected to boost in the upcoming years. The primary driver of the Saudi Arabia Water Treatment Systems market is the government's strategic commitment to significant investments in water infrastructure. Aligned with Vision 2030, the government's initiatives include the development of desalination plants, wastewater treatment facilities, and modern distribution networks. This substantial financial backing, combined with supportive regulatory frameworks, creates a conducive environment for private and public sector participation. These investments not only address the nation's water scarcity concerns but also position the Kingdom as a hub for innovative water treatment technologies, driving growth and sustainability in the competitive business landscape.Top of FormTop of Form.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Saudi Arabia Water Treatment System Market Segmented By Technology (Water Softeners, Filtration Systems, Disinfection Systems, RO Systems, Distillation Systems, Biological, Booster Pumping Systems, Others), By Operating Model (Turnkey Projects, Subcontracting Projects, Design Build and Operate, Joint Venture, Built Operate and Transfer, Build Own Operate and Transfer, Long Term Operations Maintenance), By Instrument (Reverse Osmosis Membranes, Pressure Vessels, Filtration Media, Chemical Dosing Pumps, Low- and High-Pressure Pumps, Others), By Chemical Type (Boilers Water Treatment Chemicals, Cooling Towers Water Treatment Chemicals, Chillers Water Treatment Chemicals, Swimming Pools Water Treatment Chemicals, and Desalination Water Treatment Chemicals, Others), By Fabrication (Water Tanks, Sand Filters, RO Plants, Filter Cartridge, Others), By Application (Residential, Commercial, Industrial, Government, and Semi Government), By Region, and By Competition, 2018-2028,” has evaluated the future growth potential of Saudi Arabia Water Treatment System Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Water Treatment System Market.

 

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