Market for Desalination Plants Expected to Grow by $87 Billion by 2016
More than $88 billion will be invested in desalination technologies worldwide from 2010 to 2016 as regions face dwindling supplies of freshwater and steep population growth, according to a new report. Declining costs associated with several key desalination technologies — including reverse osmosis — will make saltwater-to-freshwater treatment a more affordable option, according to the report by Pike Research.
“Desalination is becoming more affordable; thus, an increased number of people can benefit from an almost unlimited resource — seawater,” the report says. The global installed capacity is expected to grow by about 55 million cubic meters per day during that period, representing a 9-percent annual growth rate. About 54 percent of that growth will occur in the Middle East and North Africa.
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