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Global Desalination Market will be US$ 36.98 Billion by 2032
Global Desalination Market Analysis The Global Water Desalination Market share is expected to be almost US$ 36.98 billion by 2032. The CAGR for the market from 2024 to 2032 is 9.61%. Renub Research stated that it amounted to US$ 16.19 billion in 2023. Communities around the world are increasingly relying on desalination methods to access vital water resources. This process involves purifying…
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#desalination market#desalination market by application#desalination market by technology#desalination market by water source#desalination market share#desalination market size#global desalination market
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Global Water Desalination Market Accelerating at High Growth Owing to Fresh Water Shortage
Water desalination is a process that removes salt and impurities from saline water sources such as sea water and brackish water to make it suitable for human consumption and agriculture. It provides an alternative approach to supplement freshwater needs for domestic, industrial and agricultural use. The demand for desalinated water has increased significantly over the years owing to growing fresh water scarcity and shortage across the globe.
The global water desalination market is estimated to be valued at USD 17.47 Bn in 2024 and is expected to reach USD 31.32 Bn by 2031, growing at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.
Key Takeaways
Key players operating in the global water desalination market are Acciona, Biwater Holdings Limited, Aquatech International LLC, IDE Technologies, Veolia Water Technologies, Doosan Heavy Industries & Construction, Genesis Water Technologies, SUEZ Group, Aqua Filsep Inc., Hatenboer-water, Triveni Engineering & Industries Ltd., Webuild Group, Barka Desalination Company, Fluence Corporation Limited, and Marine Water Production AS. The key players are focusing on expanding their operations in developing countries and emerging economies with limited freshwater resources through partnerships, acquisitions and new plant setups.
The Global Water Desalination Market Demand availability of favourable government policies and regulations along with incentives promoting water desalination especially in water-stressed regions presents significant opportunities for market growth. Countries in the Middle East, Africa and Asia Pacific regions have started implementing policies to augment national freshwater supplies through large desalination plants. Technological advancements to reduce energy consumption and lower production costs will further support market expansion.
The global demand for desalinated water is expected to increase significantly with growing investment towards expanding existing desalination facilities and setting up new large-scale plants across Middle Eastern, North African and Asian countries. Countries like China, India and Saudi Arabia have initiated long term plans to meet rising freshwater demand through desalination. This will drive the global demand and support water desalination market growth over the forecast period.
Market Drivers
Fresh water shortage due to rapid population growth, urbanization and climate change is a major driver for the Global Water Desalination Market Size And Trends According to the UN, over 1.1 billion people globally lack access to water and around 3.6 billion people face water scarcity for at least one month annually. With depleting freshwater resources, more countries are focusing on desalination to meet rising residential and industrial water needs. Additionally, favorable government policies and regulations especially in Asia Pacific and Middle East providing incentives for desalination plant setups will further boost market revenues. PEST Analysis Political: Governments around the world are focusing on supporting water desalination projects to overcome water scarcity issues in their countries. Some governments provide subsidies and tax benefits to promote desalination plant establishments.
Economic: Rising per capita incomes globally are increasing the demand for clean drinking water. Water desalination has emerged as a viable alternative to meet this demand. The overall project cost for desalination is declining with technological advancements.
Social: Growing populations and rapid urbanization are placing more strain on available freshwater resources. Desalination can help ensure water security especially for coastal cities suffering from droughts and depletion of groundwater tables. Technological: Membrane technologies like reverse osmosis have advanced significantly reducing energy requirements of desalination. Use of renewable energy is also being explored to power desalination plants and make the process more sustainable.
The global water desalination market in terms of value is concentrated most in the Middle Eastern and North African regions due to severe water scarcity issues prevalent in many countries located in these geographical regions. Countries like Saudi Arabia, UAE, Israel, Algeria, etc are heavily reliant on desalinated water to meet their growing domestic as well as industrial water demand. Asia Pacific region is currently the fastest growing market for water desalination majorly attributed to rising demand from countries like China and India having large populations and limited freshwater resources. Countries in this region are also expanding desalination capacities to deal with the problem of depleting groundwater tables in several urban centres. Get More Insights On, Global Water Desalination Market About Author: Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
#Global Water Desalination Market Size#Global Water Desalination Market Trends#Global Water Desalination Market Demand#Global Water Desalination#Global Water Desalination Market
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The Global Seawater and Brackish Water Desalination Chemicals Market is projected to grow at a CAGR of around 8.28% during the forecast period, i.e., 2023-28, owing to the rising government initiatives for the treatment of water for reuse. The growing depletion of freshwater reserves and rising death rates & diseases among the global population due to the intake of unsafe water have been one of the prime reasons supporting the demand for desalination chemicals to treat seawater resources to ensure optimum water supply for residential & industrial needs. According to Lifewater Organization, in 2021, around 784 million populations globally have been without basic water access.
#Global Seawater and Brackish Water Desalination Chemicals Market#Global Seawater and Brackish Water Desalination Chemicals Market News#Global Seawater and Brackish Water Desalination Chemicals Market Trends#Global Seawater and Brackish Water Desalination Chemicals Market Size
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The discourse about water is just as insidious as that of trees. All throughout the 2010s I heard from antizionist leftists that Israel was actively engaged in water theft. Palestinian wells were becoming salty because Israel pumped up so much groundwater you see. Maybe that was true at one point (probably not). But it's actually ludicrous and hilarious to deny how ahead of the curve Israel is on water conservation and efficient farming.
I'd almost say it's like blood libel on a national scale. "Israel is sucking the life out of the land! We need to boycott divest and sanction to save Palestinian farmers from their livelihood being leeched away!" Jews are framed as parasites in their own homeland, taking far more than they need. Even the basic act of needing water to drink, bathe, cook is an act of foreign imperial aggression. Jews existing and needing water to live (in their native land!) is a threat to Palestinians.
And for the forests specifically, they imply that by "terraforming" Palestine, Israel is using an unconscionable amount of water. Reforestation is now actually an environmental disaster, surely if a free Palestine from River to Sea ever bothered to reforest, it would be in a pure and good and ethical way, and would magically not need a lot of water to get it done. And they insist that Israel dumps insane amount of water on foreign cash crops to sell on the global market, poisoning the wells of humble Arab olive farmers in the process. But Israel waters these new forests using desalination, drought resistant native species... Israel waters its farms using drip irrigation, shading technology, genetically modified crops, literal ai to calculate where and when water is needed.
I'm not saying Palestinians wouldn't be capable of achieving the same thing if they ran everything (Saudi and Jordanian permaculture projects are wildly successful), but to a braindead American leftist, "Caretakers of their Homeland" is necessarily and irrefutably "White Man's Burden", so they have to lie, and then lie some more, to dismiss every single leaf on every single tree as apartheid capitalist genocide against Palestinians.
More on Palestinian propaganda about water:
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Residual Chlorine Meters Market Analysis by Geographical Regions, Type and Application and Forecast to 2031
Global Residual Chlorine Meters Market is estimated to witness a rise in revenue from US$ 330.2 Mn in 2021 to US$ 527.3 Mn by 2030. The market is registering a CAGR of 5.3% during the forecast period 2022-2030. Moreover, in terms of volume, the global residual chlorine meters market is expected to project a CAGR of 4.9% during the forecast period 2022-2030.
Astute Analytica recently published a highly anticipated market report, providing invaluable insights into the Global Residual Chlorine Meters Market. This comprehensive report offers a detailed analysis of key drivers, restraints, regional trends, segmentation, and valuation, enabling businesses to make informed decisions for sustainable growth.
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Key Highlights of the Report:
Comprehensive Analysis: The report presents a holistic view of the Residual Chlorine Meters Market, analyzing various factors such as market size, trends, and growth opportunities. This analysis helps businesses identify emerging market trends and make strategic decisions to drive growth.
Key Drivers and Restraints: The market report provides an in-depth analysis of the key drivers and restraints shaping the market. By understanding these factors, businesses can capitalize on growth opportunities and mitigate potential risks.
Valuation and Forecast: The report includes a thorough valuation of the market, providing businesses with a clear understanding of the market's current and future potential. This information assists in making well-informed investment decisions and strategic planning.
Regional Analysis: The report offers a detailed regional analysis, highlighting key market trends and opportunities across different geographic regions. This invaluable insight enables businesses to identify untapped markets and tailor their strategies accordingly.
Companies Profile
The report identifies and analyzes the key players in the Residual Chlorine Meters Market. By understanding the competitive landscape, businesses can benchmark their performance and develop effective strategies to stay ahead.
The key players in the Global Residual Chlorine Meters Market are Horiba, DKK-Toa Corporation, Hanna Instruments, Hach Company, Tanita, Automated Water & Effluent Ltd., Yokogawa Electric Corporation, Analyticon Biotechnologies GmbH, Rakiro Biotech Systems Private Limited, BOQU Instruments, ABB Ltd., Lohand Biological, Christian Bürkert GmbH & Co. KG and Extech Instruments among others.
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Segmentation Overview:
The Residual Chlorine Meters Market report provides a comprehensive segmentation overview, allowing businesses to identify and target specific customer segments. This segmentation analysis helps businesses customize their offerings and enhance their market presence.
Segmentation Outline
By Solution segment of the Global Residual Chlorine Meters Market is sub-segmented into:
Equipment Consumables Reagent Kits Reagent Tablets/Powders Color Wheel Comparator Kits Test Tube Comparator Kits Pool Test Kits Test Strips Electrodes Accessories
By Measurement segment of the Global Residual Chlorine Meters Market is sub-segmented into:
Offline (DPD Colorimetric Detection) Online/Continuous (Amperometric Sensors)
By Form segment of the Global Residual Chlorine Meters Market is sub-segmented into:
Wall-mount Handheld/ Portable Pen Style
By Display segment of the Global Residual Chlorine Meters Market is sub-segmented into:
LED Display LCD Display
By Application segment of the Global Residual Chlorine Meters Market is sub-segmented into:
Water Purification Plant Industrial Municipal Food and Beverages Desalination Laboratory Use Others
By Region segment of the Global Residual Chlorine Meters Market is sub-segmented into:
North America The U.S. Canada Mexico Europe The UK Germany France Italy Spain Poland Russia Rest of Europe Asia Pacific China India South Korea Japan Australia & New Zealand ASEAN Rest of Asia Pacific Middle East & Africa (MEA) UAE Saudi Arabia South Africa Rest of MEA South America Argentina Brazil Rest of South America
The company has partnered with industry-leading experts, utilizing cutting-edge research methodologies and data analysis techniques to provide a reliable and accurate market report. With a focus on delivering actionable insights, this report is an indispensable tool for businesses looking to navigate the complexities of the Residual Chlorine Meters Market and unlock new growth opportunities.
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All roads lead to Phoenix. On the gravy train of greenfield investment riding on the back of Inflation Reduction Act legislative incentives in the United States, no county ranks higher than Arizona’s Maricopa. The county leads the nation in foreign direct investment, with Taiwan Semiconductor Manufacturing Corp. (TSMC), Intel, LG Energy, and others expanding their footprint in the Grand Canyon State. But Phoenix is neither the next Rome nor the next Detroit. The reasons boil down to workers and water.
First, the labor. America’s skilled worker shortage has been well documented since before the Trump-era immigration slump and pandemic border closures. Especially in the tech industry—the United States’ most productive, high-wage, and globally dominant sector—a huge deficit in homegrown engineering talent and endlessly bungled immigration policies have left Big Tech with no choice but to outsource more jobs abroad.
Arizona dangled its low taxes and sunshine, but TSMC has had to fly in Taiwanese technicians to jump-start production at the 4 nanometer chip plant that was meant to be completed by 2024, but has been delayed until 2025 at the earliest.
The salvage operation calls into question whether the more advanced and miniaturized 3 nanometer plant—scheduled to open in 2026 will stay on course. (With two-thirds of its customer base—including Apple, AMD, Qualcomm, Broadcom, Nvidia, Marvell, Analog Devices, and Intel—in the United States, it’s no wonder TSMC wants to speed things up.)
From electric vehicles to gaming consoles, the forecasted demand for the company’s industry-leading chips is projected to rise long into the future—and its market share is already north of 50 percent. Given the geopolitical risks it faces in Asia, a well-trained U.S. workforce could give it the comfort to establish the United States as a quasi-second headquarters. After all, Morris Chang, the company’s founder, had a long first career with Texas Instruments.
But the next slowdown they may face is Arizona’s dwindling water supply. In just the past year, Scottsdale cut off water to Rio Verde Foothills, an upscale unincorporated suburb on its fringes, due to the region’s ongoing megadrought and its curtailed allocation of Colorado River water. This was followed by Phoenix freezing new construction permits for homes that rely on groundwater.
Forced to find other sources, industry players have stepped up buying water rights from farmers, essentially bribing them to stop growing food that would serve the region’s fast-growing population. Then there are the backroom deals involved in an Israeli company receiving the green light for a $5.5 billion project to desalinate water from Mexico’s Sea of Cortez and pipe it 200 miles uphill through deserts and natural preserves to Phoenix.
Water risk brings political risk for companies. Especially in Europe, governments are carefully weighing the short-term benefits of corporate investment versus the climate stress it exacerbates. They have good reason to be suspicious: Firms such as Microsoft have been notoriously inconsistent in reporting their water consumption, and promises to replenish consumed water haven’t been delivered on. And even if data centers are becoming more efficient, growing demand just means more of them. Some European provinces have blocked data center development, pushing them to locations with high heat risk.
Europe’s regulatory stringency has long been off-putting to foreign investors, which is what makes European officials so weary of Washington’s aggressive Inflation Reduction Act, CHIPS and Science Act and Infrastructure Investment and Jobs Act.
But to fulfill its promise of putting the United States on a path toward sustainable industrial self-sufficiency, these policies need to better align investment with resources, matching companies to geographies that best suit their needs. It would be better to direct capital allocation to climate resilient regions than to throw good money after potentially stranded assets.
If any company ought to know better on all these matters, it’s TSMC. In Taiwan itself, the industry’s huge energy and water consumption are a source of controversy and difficulty. Not only have droughts on the island occasionally slowed production, but the company’s own water consumption rose 70 percent from 2015-19.
Furthermore, Taiwan knows that its real special sauce is precisely the technically skilled workforce that the United States lacks. Yet TSMC has doubled down on Phoenix, a place without a reliable long-term water supply for industry, little in the way of renewable energy, and a construction freeze that will make it challenging to house all the workers it needs to import.
With all the uncertainty over both water and workers, this begs the question of whether the semiconductor company the entire world is courting would have been better off establishing its U.S. beachhead in the upper Midwest or northeast instead? Ohio, upstate New York, and Michigan rank high in greenfield corporate investments, resilience to climate shocks, and are abundant in quality universities and technical institutes.
Amid accelerating climate change and an intensifying war for global talent, how can those devising U.S. industrial policy better select the appropriate locations to steer investment to?
States with higher climate resilience than Arizona are starting to flex for greater investment. According to recent data, Illinois has climbed to second place nationally for corporate expansion and relocation projects. The greater Chicago area and state as a whole are touting their tax benefits, underpriced real estate, growth potential, and grants to prepare businesses to cope with climate change.
Other parts of the Great Lakes region, such as Michigan and Ohio, are also regaining confidence in their industrial revival, pitching heavily for both domestic and foreign commercial investment while emphasizing their affordability and climate adaptation plans.
Just over the border, Canada has been wildly successful in poaching foreign skilled workers unable to secure or maintain green card status in the United States while also investing heavily in economic diversification—all with the benefit of nearly unlimited natural resources and energy supplies. While Canada hasn’t yet rolled out Inflation Reduction Act-style tax breaks to lure investors, it abounds in critical minerals for EV batteries (nickel, cobalt, lithium and rare earths such as neodymium, praseodymium, and niobium) as well as hydropower.
The more that climate change warps the United States, the more grateful it should be that its most natural and staunch ally occupies the most climate resilient real estate on the North American continent, even taking into account the raging wildfires of this summer. But rather than covet Canada the way China does Russia—as a vast and depopulated resource bounty—the United States and Canada should cooperate far more proactively on a continental scale industrial policy that would bring about true self-sufficiency from the Arctic to the Caribbean.
This is where geopolitical interests, economic competition, and climate adaptation converge. As Canada’s population surges by up to 1 million new permanent migrants annually, a more unified North American system would be more self-sufficient in crucial commodities and industries, less vulnerable to supply chain disruptions abroad, and avoid unnecessary carbon emissions from excessive inter-continental trade. Thirty years after the NAFTA agreement, it seems more sensible than ever to graduate toward a more formal, autarkic North American Union.
One can easily imagine Greenland joining one day—the country already enjoys autonomy from its colonizer (Denmark) and is now pushing for complete independence, driven partly by the desire to control more of the riches that climate change has revealed it to possess.
Meanwhile, in Taipei, there are far more complex geopolitical consequences to consider. TSMC has long been considered Taiwan’s “silicon shield,” a leader of industry so important that a conflict that took it offline would be a major own-goal for China. But it is precisely the combination of the China threat, environmental stress, and pandemic-era supply chain disruptions that convinced TSMC’s customers that its home nation represents too large a concentration risk.
Now TSMC and its rivals are expanding production from Japan to the United States, Europe, and India. This globally diversified set of chip manufacturers is easier for China to exploit as countries more susceptible to Chinese pressure become less rigid in compliance with U.S.-led export controls over advanced technologies.
At the same time, if the United States no longer depends on Taiwan itself for the majority of its semiconductor supply in just five to seven years, will it be as willing to defend Taiwan militarily? This, not Ukraine, is what Beijing is watching for as it pursues its own “Made in China” quest for self-sufficiency.
Industrial policy is back in vogue as a national security and economic strategy. But to get it right requires aligning investment into industry and infrastructure with the geographies of resources and resilience. The countries that build climate adaptation into their strategies will be the ones that build back better.
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According to a research report "Small Modular Reactor Market by Type (HWR, LWR, HTR, FNR, MSR), Application (Power Generation, Desalination, Hydrogen Production, Industrial), Deployment (Single, Multi), Connectivity, Location, Coolant, Power Rating Region - Global Forecast to 2030", Small modular reactor market is anticipated to grow from estimated USD 6.00 billion in 2024 to USD 7.14 billion by 2030, at a CAGR of 3.0% during the forecast period. The growth in the market will be attributed to the the growing demand for clean, reliable energy and the need for greater flexibility in power generation. Their compact design allows for easier construction and quicker commissioning, which can help reduce capital costs compared to traditional large-scale reactors. Additionally, advancements in safety features and the potential for integration with renewable energy sources enhance their appeal in the transition to a low-carbon economy.
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Polymer Nanomembrane Market Industry Leaders Size & Share Outlook & New Revenue Pockets
The global polymer nanomembrane market size is estimated to be USD 637 million in 2021 and is projected to reach USD 1,103 million by 2026, at a CAGR of 11.6% between 2021 and 2026. The polymer nanomembrane market is expected to witness a steady growth forecast period due to growth in the water & wastewater treatment industry.
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The evolution of nanotechnology over time has led to a breakthrough for the membrane segment. The nanomembrane produced from polymer (PAN, PVDF, PES, and others) constitutes polymer nanomembrane. The pore size of the membrane in the range of nanometers (1nm to 300 nm). These membranes are mainly utilized as nanofiltration membranes and nanofiber membranes in various end-use applications. The nanofiltration membrane finds its application for membrane separation processes in the water & wastewater treatment industry and industrial processes. Nanofiber membranes are utilized in pharmaceutical and other industries such as textiles for providing high breathability and controlled permeability.
Based on type, the polymer nanomembrane market is segmented into polyacrylonitrile (PAN), polyethylene (PE), polyvinylidene fluoride (PVDF), polyamide, polypropylene (PP), polyethersulfone (PES), polytetrafluoroethylene (PTFE), and others. These are the different types of polymers utilized in the production of nanomembranes. For instance, PVDF and PE provide hydrophobic membranes, whereas, PES provides hydrophilic membranes.
Based on end use industry, the market is segmented into water & wastewater treatment, chemical, electronics, oil & gas, food & beverages, pharmaceutical & biomedical, and others. The water & wastewater treatment industry is the largest end user of polymer nanomembrane. Nanomembranes are utilized as nanofiltration, nanofiber, and other membranes for various end-use applications. Unlike reverse osmosis, which blocks all solutes, the nanofiltration membrane selectively allows monovalent ions to pass through. NF membrane operates under lower pressure and is utilized in various process solutions such as water purification, desalination, separation, whey demineralization & concentration, and others. It is also used in facemasks, protective apparel, and others.
The polymer nanomembrane market is studied for five regions, namely, North America, APAC, Europe, Middle East & Africa, and South America. North America accounted for the largest share of the polymer nanomembrane market in 2020, followed by Europe and APAC. US, China and Germany are major markets for polymer nanomembrane in North America, APAC and Europe respectively. The increased demand for polymer nanomembrane in North America is due to growing urbanization, aging water treatment utilities, faster adoption of newer technologies, and declining freshwater resources. The US is a developed market focused on newer applications of membranes such as polymer nanomembrane in chemical, food & beverage, pharmaceutical & biomedical, oil & gas, and water & wastewater. The country offers a favorable business environment with a strong infrastructure, supportive government policies, and a growing demand for sustainable water management solutions.
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The COVID-19 pandemic in 2020 impacted the global economy, with governments enforcing regulations and restrictions to minimize the spread of the virus. According to the International Monetary Fund (IMF), the world GDP growth rate in 2020 was -3.3% and is projected to grow by 6% in 2021 and 4.4% in 2022. Due to lockdowns, business activities halted for many food & beverage, processing industries, water & wastewater treatment, and other industries. Nanomembrane is utilized for purification, separation, demineralization, concentration, and other processes in various industries. COVID-19 impacted these industries, which further impacted the nanomembrane market. However, the market is expected to grow steadily during the forecast period, with business operations returning to normal.
#Polymer Nanomembrane Market#Polymer Nanomembrane#Polymer Market#Polymers Market#Nanomembrane Market#Polymer Nanomembranes#Nanomembrane#Nanomembranes
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Global Desalination Market will be US$ 36.98 Billion by 2032
The global water desalination market is expected to experience significant growth in the coming years. According to Renub Research, the global water desalination market size is projected to reach USD 39.98 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of approximately 9.61% from 2024 to 2033. Market Overview Water desalination, a process of removing salts and impurities from…
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#desalination market#desalination market by application#desalination market by technology#desalination market by water source#desalination market share#desalination market size#global desalination market
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The Global Seawater and Brackish Water Desalination Chemicals Market is projected to grow at a CAGR of around 8.28% during the forecast period, i.e., 2023-28, owing to the rising government initiatives for the treatment of water for reuse. The growing depletion of freshwater reserves and rising death rates & diseases among the global population due to the intake of unsafe water have been one of the prime reasons supporting the demand for desalination chemicals to treat seawater resources to ensure optimum water supply for residential & industrial needs. According to Lifewater Organization, in 2021, around 784 million populations globally have been without basic water access.
#Global Seawater and Brackish Water Desalination Chemicals Market#Global Seawater and Brackish Water Desalination Chemicals Market News#Global Seawater and Brackish Water Desalination Chemicals Market Growth
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Ocean Thermal Energy Conversion Market to Achieve $1.2 Billion by 2033, Driven by a 14.5% CAGR
Ocean Thermal Energy Conversion Market : The vast oceans hold an untapped treasure of renewable energy through Ocean Thermal Energy Conversion (OTEC). This innovative technology leverages the temperature difference between warm surface water and cold deep water to generate electricity sustainably. Unlike traditional power plants, OTEC provides a clean, reliable, and continuous energy source without emitting greenhouse gases. By integrating OTEC systems, coastal regions can not only meet their energy demands but also produce desalinated water and support marine-based economies.
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As climate change pushes us to rethink energy solutions, OTEC stands out as a beacon of possibility. It offers a dual benefit of reducing dependency on fossil fuels and protecting marine ecosystems. 🌱 With advancements in technology, we’re closer than ever to scaling this solution globally. Let’s dive into the future of renewable energy and unlock the ocean’s potential! 🌐
#OceanEnergy #OTEC #RenewableEnergy #CleanPower #SustainableInnovation #GreenEnergySolutions #BlueEconomy #ClimateAction #EnergyRevolution #EcoTech #CarbonNeutral #DesalinationEnergy #MarineEnergy #FutureOfEnergy #SaveThePlanet
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Wazoku expands into UAE to bring its AI-connected innovation ecosystem to the GCC countries
Innovative scale-up partners with FKRA and Technology Innovation Institute to drive growth and development in GCC
LONDON, UK — (ARAB NEWSWIRE) – Innovation scale-up Wazoku is expanding into the GCC region, with the establishment of a dedicated presence in the United Arab Emirates (UAE).
The company has invested in a UAE server infrastructure to meet local requirements and to ensure client data protection. Furthermore, Wazoku has partnered with FKRA, a UAE innovation consultancy, to bring on-the-ground expertise and increased responsiveness to local market requirements.
“Demand for open innovation services in GCC is growing rapidly, with the region increasingly seeking global expertise to address its challenges,” said Schonning Eysturoy, Senior Director of Innovation Ecosystems at Wazoku. “With more than 2,500 challenges solved through open innovation, Wazoku is well positioned to support this need for innovation expertise. Our partnership with FKRA and our new UAE-based server reflect our commitment to the region and enhance our ability to meet the GCC’s requirements.”
Wazoku already has offices and partners in the UK, Chile, Saudi Arabia, Norway, Colombia and the US. It has previously worked with organisations across the GCC, including Dubai Electricity and Water Authority (DEWA), Neom, Saudi Water Authority, and Aramco.
Wazoku recently supported the Global Prize for Innovation in Desalination (GPID), the world’s largest competition dedicated to excellence in desalination. Leveraging crowdsourcing, Wazoku identified 540 participants this year—more than double the previous year’s count. These participants will compete for $10 million in prize money, with the winner to be announced in Jeddah, Saudi Arabia, on November 25th.
Since establishing a presence in the UAE, Wazoku has added clients such as the defense contractor EDGE Group, and the Technology Innovation Institute (TII). The expansion and partnerships will be formally announced at event in Abu Dhabi on November 19, 2024, held in collaboration with TII. The event will focus on how crowdsourcing can foster innovation in the region.
Wazoku works with customers, including Sanofi, A2A, Bill & Melinda Gates Foundation, and many global enterprise businesses, government departments and not-for-profits, to crowdsource and manage ideas and innovation.
Its Innovation Ecosystem Platform supports its Total Innovation approach to Market Intelligence & Scouting, Innovation Management and Start-up & Partner Ecosystem Management. This enables organisations to crowdsource, capture, and manage ideas, whether from their own networks (such as employees, customers, or partners) or via the 700,000 researchers, scientists, and other experts that form part of the Wazoku Crowd.
“The GCC countries are increasing their investment in R&D, with UAE recently establishing an R&D council to help build an innovation ecosystem. Wazoku’s innovation management platform and global innovation ecosystem can support this ambition,” Eysturoy continued. “Our UAE presence is a pivotal step that means we can better serve GCC clients as they approach innovation on a bigger scale.”
-ends-
For further information about Wazoku, visit https://www.wazoku.com For further information about FKRA, visit https://fkra.space/
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#Wazoku#UAE#innovation#ecosystems#GCC#MENA#MiddleEast#PressRelations#PressReleaseDistribution#PressReleases#InnovationInstitute#FKRA#Schonning#Eysturoy
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Membrane Separation Market to Rise to $18.5 Billion by 2033, Exhibiting an 8.5% CAGR.
Membrane Separation Market : Membrane separation technology is transforming the way industries handle filtration, purification, and separation processes. This method uses semi-permeable membranes to separate substances based on size, charge, or chemical affinity, offering precise and efficient solutions. From water desalination and wastewater treatment to food processing and gas separation, membrane technology is a versatile tool across sectors. Its ability to operate without chemical additives and its energy-efficient nature make it an eco-friendly alternative to traditional methods, aligning with global sustainability goals.
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Advancements in membrane materials, such as nanocomposites and polymer blends, have significantly improved efficiency, durability, and selectivity. These innovations are driving adoption in emerging fields like biopharmaceuticals and hydrogen production. As industries strive for greener operations and higher productivity, membrane separation stands out as a critical technology for meeting these demands. With growing investments in research and development, the future of membrane separation promises even greater breakthroughs, enabling sustainable progress across multiple sectors.
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