India Desalination Plant Market is expected to dominate in West region during the Forecast Period 2024-2028
The increase in government initiatives is a significant
factor driving the growth of the India Water Desalination Plant Market in the
forecast period of 2024-2028.
According to TechSci Research report, “Desalination Plant Market - India Industry Size,
Share, Trends, Opportunity, and Forecast. 2018–2028,” the India Desalination
Plant market is anticipated to register a robust growth during the forecast
period, 2024-2028.” Inadequate access to clean drinking
water is one of the significant factors driving the need for water desalination
plant for industries. The inadequate access to clean drinking water is one of
the significant factors driving the need for water desalination plants for
industries in India. Industries require a large amount of water for various
processes, such as cooling, cleaning, and production, and access to clean and
reliable water is essential for their operations. In India, many industries are
in areas where access to freshwater is limited, such as coastal regions and
arid areas. Water scarcity and poor water quality can affect the productivity
and profitability of these industries, which in turn can have negative impacts
on the economy. Desalination plants can provide a reliable source of clean
water for industries, reducing their dependence on freshwater sources and
helping to ensure that they can continue to operate and grow. In addition,
desalination can also help to reduce the strain on freshwater resources, which
can benefit both the environment and local communities. However, as mentioned
earlier, desalination plants can be expensive to build and operate, and they
require a significant amount of energy. Therefore, it is important to carefully
evaluate the costs and benefits of desalination and consider other
alternatives, such as water conservation and reuse, before deciding to build a
desalination plant for industrial use.
The demand for freshwater for domestic
and commercial use has increased due to growing worries about climate change,
carbon emissions, the rapid growth of the human population, and water resource
contamination. During the forecast period, the market for water desalination
plants is anticipated to be driven by an increase in environmental concerns and
an increase in the use of clean energy alternatives. With this, the government,
industries, and people are adopting the solar water desalination plants and
eventually this will create a high growth potential of the Solar Water
Desalination Plants Market.
For instance,
- India
has joined the group of countries that use PV to produce drinking water.
Installation of a 10,000 liters per day desalination plant at the Vivekananda
Memorial in Kanyakumari, Tamil Nadu. The Indian Institute of Technology-Madras
(IIT-M), and the Ministry of Earth Sciences funded the USD 175,000 experimental
project.
- The
Water Technology Initiative, launched in August 2007, aims to support R&D
activities aimed at supplying safe drinking water at reasonable costs and in
sufficient quantities using appropriate Science and Technology interventions.
The initiative entails the pilot testing of several products and the comparison
of chosen technologies with the social environment of the application region.
- In
accordance with the Supreme Court's directives, the Technology Mission on
Winning, Augmentation, and Renovation (WAR) for Water was established in August
2009 to conduct research-led solutions, using a coordinated approach, to
develop technological solutions for various water challenges in various parts of
India.
Browse over 30 market data Figures spread through XX Pages and an in-depth TOC
on the "India Desalination Plant Market.”
The India Desalination Plant market is segmented into solution, functionality, end-use
sector industry, and region.
According to
regional analysis, West India is expected to grow
during the forecast period. In the West India region, water desalination market
reached whooping because of the increasing demand for desalinated water has
driven the growth in last couple of years. Increasing population,
industrialization and demand for fresh water has been driving West India
desalination market, which is all set to grow further at remarkable CAGR for
next five years. The desalination market is growing at a much faster pace than
anticipated initially. It is being estimated that West India would act as a
growth engine for water desalination industry in coming years.
Major companies are
developing advanced technologies and launching new products to stay competitive
in the market. Other competitive strategies include mergers and acquisitions.
The
desalination plant market in India is expected to see growth due to increasing
demand for clean water, especially in coastal regions. The market may see
increased consolidation through mergers and acquisitions as companies seek to
expand their market presence. The government of India has implemented various
initiatives to promote the use of desalination technology, which is expected to
drive the market growth in the coming years.
Major
players operating in India Desalination
Plant market include:
- VA Tech
Wabag Ltd
- Thermax
India Limited
- Ion Exchange
India Limited
- Doshion
Veolia Water Solutions Pvt Ltd
- IDE
Technologies India Pvt Ltd
- SUEZ Water
Technologies & Solutions
- Aquatech
Systems Asia Pvt. Ltd.
- Hitachi
Plant Technologies India Pvt. Ltd.
- National
Institute of Ocean Technology
- Hyflux
Engineering (India) Private Limited.
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“India Desalination Plant Market
is anticipated to grow at a steady pace during the forecast period. Some of the
drivers for growing the desalination industry is growing of the enormous
industrial and economic growth and scarcity of the water. The outlook for the
water desalination market seems very promising as the water scarcity is
increasing. Government support has driven the industry and expected to continue
as government is more inclined towards the sustainable environment.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“India Desalination
Plant Market by Technology (Membrane, Thermal and Hybrid), By End-Use Sector
(Municipal, Industry, Power and Others), By Region, Competition Forecast and
Opportunities, 2028,” has
evaluated the future growth potential of India Desalination Plant 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 India Desalination Plant market.
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