The global water desalination market is expected to grow from USD 13.5 billion to USD 28.83 billion by 2030, at a CAGR of 8.8% from 2022 to 2030. The supply of water is in deficit. The demand for potable water is anticipated to rise at an annual rate of 1%. The growing demand for water and falling supply of natural water resources will drive the demand for water desalination. Water desalination is the only inexpensive and most efficient method presently available to meet the rising water demand.
Source: The Brainy Insights