Desalination Pumps Market Report Overview
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The global desalination pumps market size was USD 504.45 million in 2021, as per our research, the market is expected to reach USD 929.04 million in 2031, exhibiting a CAGR of 6.21% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with desalination pumps market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The desalination of water is meant by taking the seawater and putting it through several processing steps to clean out the traces of sea salt to make it drinkable and the desalination pumps are a part of the process to efficiently and smoothly transition clean water from salty seawater. The desalination pumps employ a reverse osmosis technique to purify the water; this technique involves increasing the pressure used for the typical osmosis concept to force the salt water through a membrane that only lets the clean water molecules pass through. The locations where seawater is abundant and pure water is in short supply will benefit the most from this method. The desalination pumps' reverse osmosis concept functions to deliver clean water since the world is largely covered in salt water and the availability of clean potable water is much lower.
The increase in demand for clean, drinkable water across the globe is credited with driving the desalination pumps market growth. The need for cleaner water is at an all-time high since unfiltered water is filled with several dangers and microorganisms that could seriously impair the consumer's physical health. Due to the scarcity of water in these places, which makes them dependent on desalination pumps to supply them with drinkable and usable water, the arid parts of the world are the top consumers of desalination pumps.
COVID-19 Impact: Steady Demand Facilitates Market Progress
The market world has witnessed detrimental repercussions in its typical commercial practices ever since the COVID-19 virus suddenly appeared in the year 2020. Due to the strict lockdown imposed by governments worldwide to stop the spread of the extremely contagious airborne virus that affected and disrupted the global supply chain, marketplaces all over the world were forced to stop operating. The world economy was also impacted by this, as well as a shortage of workers and raw supplies for industry. Desalination pumps had a slow market throughout the pandemic, however, the product's consistent usage over the course of the crisis kept the industry alive. The demand for desalination pumps in the market is expected to rise rapidly during the forecast period after the pandemic.
Latest Trends
"Integration Of Intelligent Pump Systems Drives Market Demand"
The market for desalination pumps is already a big hit among its consumers and the assimilation of the intelligent pump systems for the desalination process has increased the efficiency and lowered the cost of the operations relatively which is pushing the success of the market further. Since the internet of things and IT have advanced significantly over the past few years, the market for desalination pumps has benefited from the incorporation of cutting-edge technologies.
Desalination Pumps Market Segmentation
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- By Type Analysis
According to type, the desalination pumps market can be segmented into centrifugal pumps and positive displacement pumps. The centrifugal pumps segment will dominate the market by type during the forecasted market years.
- By Application Analysis
Based on application, the market can be divided into municipal water & wastewater, oil & gas, power, and others. The municipal water & wastewater segment of the market is anticipated to lead the market by the application during the forecast period.
Driving Factors
"Increasing Demand For Water Treatment Plants Proliferate Market"
One of the contributing reasons for the growth of the market for desalination pumps is the rising demand for water treatment facilities around the world. Since there is a lack of groundwater and many areas are dry, the capacity of the traditional way of cleansing water has been reached. The world's increasing urbanization and population growth are also having an impact on the increased demand for usable and drinking water.
"Boost In Renewable Energy Sector Pushes Market Value"
After witnessing the consequences of climate change, there has been an increase in demand for desalination pumps that are powered by solar energy due to a growing awareness of sustainable energy sources and sustainability throughout regions of the world. A significant step toward energy conservation and sustainability is the use of desalination pumps powered by solar energy. Since these pumps must work continuously to supply clean water, their energy consumption is enormous.
Restraining Factors
"Cost Of Operations In The Market Impedes Growth"
Due to the requirement for more energy during the desalination process by the desalination pumps the cost of the operations goes to be higher. The energy consumption is typically higher than the regular water treatment plants as well, which hikes the price also due to the high price of the energy in the market. The pumps are also prone to affecting the environment due to the materials used in the pumps that increase the salinity of the seawater.
Desalination Pumps Market Regional Insights
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"High Demand In The North American Region Boosts Market"
North America, which consists of the United States and Canada, is the region with the highest market consumption and consequently has the largest desalination pumps market share among all other participating regions. Due to the quantity of salt water, there is a strong demand for water treatment systems, which results in this situation.
The reason why desalination pumps are widely used in the region, where Europe ranks second in terms of market share, is comparable to the reason why they are widely used in North America. Along with the region's expanding population, the scarcity of groundwater in the large region of Europe has increased the need for these pumps, and the industry there is increasing.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Idex (United States)
- ITT (United States)
- Flowserve (United States)
- Shanghai Kai Quan Pump (China)
- Sulzer Ltd. (Switzerland)
- IWAKI (Japan)
- Wilo (Germany)
- Xylem (United States)
- PSG Dover (United States)
- Watson-Marlow (United States)
- PROCON Products (United States)
- KSB (Germany)
- GRUNDFOS Holding (Denmark)
- Pentair (United States)
- Ebara (Japan)
- Henan Province Xixia Automobile Water Pump (China)
- Torishima Pump (Japan)
- SPX (United States)
- Kirloskar Brothers (India)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors such as segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 504.45 Million in 2021 |
Market Size Value By |
US$ 929.04 Million by 2031 |
Growth Rate |
CAGR of 6.21% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global desalination pumps market expected to touch by 2027?
The global desalination pumps market is expected to touch USD 724.06 million by 2027.
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What CAGR is the desalination pumps market expected to exhibit during 2021-2027?
The desalination pumps market is expected to exhibit a CAGR of 6.21% over 2021-2027.
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Which are the driving factors of the desalination pumps market?
Increasing demand for the water treatment plants in the regions and the boost of renewable energy around the globe are two of the primary factors driving the desalination pumps market.
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Which are the top companies operating in the desalination pumps market?
Some of the top companies operating in the desalination pumps market include: Idex (United States), ITT (United States), Flowserve (United States), Shanghai Kai Quan Pump (China), and Sulzer Ltd. (Switzerland).