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Showing posts with the label Water Desalination Equipment Market Trend

Water Desalination Equipment Market Poised for Steady Growth in the Future

Growing demand for water, increasing water need in industries, and rising population are expected to influence product demand over the forecast period. The Global Water Desalination Equipment Market value is anticipated to reach USD 25.1 billion by 2025, according to a new report by Grand View Research, Inc.   In the past few years, the industry has witnessed increasing investments in R&D activities for the development of energy efficient membrane systems. This has led to increased popularity of membrane-based products. Some of the major application sectors of the products include municipal, industrial, and others. Reverse osmosis segment held the largest share in the market and is expected to continue its dominance over the forecast period. The market is witnessing increasing use of the reverse osmosis technology to treat water from the sea, lakes, underground, and other water sources. The higher efficiency of the reverse osmosis technology along with less consumption of