On 2nd Sep 2014
Summary
India is a water stressed country, characterized by low per capita availability of fresh water. As per estimates from the Government of India, per capita water availability in the country is forecast to decrease from 1,545 cubic meters in 2011 to about 1,500 cubic meters by 2025. Moreover, with increasing contamination level in different water sources, availability of fresh water for process applications, primarily in water intensive industries, is shrinking rapidly. Consequently, the government and industry players are readily adopting desalination technology, which holds the potential to provide a sustainable and economical alternative to conventional water treatment technologies. Plant operators are increasingly inclining towards desalination technology for water recycling and treatment purposes. The desalination plant market in India is majorly influenced and driven by growing urbanization, increasing technological innovations and rising support from government as well as private players. In addition, use of renewable energy sources and energy efficient technologies, coupled with private financing options, is contributing towards strong growth in the desalination plant market in India.
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According to “India Desalination Plant Market Forecast & Opportunities, 2019”, the desalination plant market in India is projected to register a CAGR of around 19%till 2019, growing at a faster rate than the global desalination plant market during the same period.
The India desalination plant market is dominated by the industrial sector, in terms of number of plants installed, while the municipal sector dominates the market in terms of total plant installed capacity. The Southern and Western states in India have high number of desalination plants due to