Canada Water Desalination Equipment Market Size & Outlook
The water desalination equipment market in Canada is expected to reach a projected revenue of US$ 370.2 million by 2030. A compound annual growth rate of 9.1% is expected of Canada water desalination equipment market from 2024 to 2030.
Canada water desalination equipment market highlights
The Canada water desalination equipment market generated a revenue of USD 201.1 million in 2023 and is expected to reach USD 370.2 million by 2030.
The Canada market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
In terms of segment, seawater was the largest revenue generating source in 2023.
Seawater is the most lucrative source segment registering the fastest growth during the forecast period.
Water desalination equipment market data book summary
Market revenue in 2023
USD 201.1 million
Market revenue in 2030
USD 370.2 million
Growth rate
9.1% (CAGR from 2023 to 2030)
Largest segment
Seawater
Fastest growing segment
Seawater
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Seawater, Brackish water, River water
Key market players worldwide
Acciona SA, Doosan Fuel Cell Ordinary Shares, Veolia Environnement SA, SUEZ Environnement, Xylem Inc, IDE Technologies, Aquatics International, Biwater, Genesis Water Technologies, Guangzhou KangYang Seawater Desalination Equipment Co.
Other key industry trends
In terms of revenue, Canada accounted for 0.5% of the global water desalination equipment market in 2023.
Country-wise, Saudi Arabia is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. water desalination equipment market is projected to lead the regional market in terms of revenue in 2030.
Mexico is the fastest growing regional market in North America and is projected to reach USD 2,387.5 million by 2030.
The North American economy is the largest and most influential globally. It is witnessing significant growth owing to the industrial dynamics and commodity abundance in its countries. The region includes the U.S., Mexico, and Canada, which are substantial and complex economic systems.
Increasing investments in chemical, pharmaceutical, food & beverage, and automotive sectors of the U.S. and Canada are expected to play a crucial role in triggering the demand for water treatment services over the forecast period.
According to the International Desalination Association (IDA), the penetration of the desalination process in industrial applications is witnessing significant growth through brine injection and nanofiltration of seawater for increasing the efficiency of oil extraction from reservoirs.
Canada Water Desalination Equipment Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Water Desalination Equipment Market Outlook will help companies and investors design strategic landscapes.
Seawater was the largest segment with a revenue share of 47.49% in 2023.
Horizon Databook has segmented the Canada water desalination equipment market based on seawater, brackish water, river water covering the revenue growth of each sub-segment from 2018 to 2030.
The North American economy is the largest and most influential globally. It is witnessing significant growth owing to the industrial dynamics and commodity abundance in its countries. The region includes the U.S., Mexico, and Canada, which are substantial and complex economic systems.
Increasing investments in chemical, pharmaceutical, food & beverage, and automotive sectors of the U.S. and Canada are expected to play a crucial role in triggering the demand for water treatment services over the forecast period.
According to the International Desalination Association (IDA), the penetration of the desalination process in industrial applications is witnessing significant growth through brine injection and nanofiltration of seawater for increasing the efficiency of oil extraction from reservoirs.
Canada Water Desalination Equipment Market Source Outlook (Revenue, USD Million , 2021-2033)
Seawater
Brackish water
River water
Other
Canada Water Desalination Equipment Market Technology Outlook (Revenue, USD Million , 2021-2033)
Reverse Osmosis
Multi-stage flash (MSF) distillation
Multi-effect distillation (MED)
Other
Canada Water Desalination Equipment Market Application Outlook (Revenue, USD Million , 2021-2033)
Municipal
Industrial
Other
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Water Desalination Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Water Desalination Equipment Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Water Desalination Equipment Market, 2021-2033 (US$M)