New technology in the desalination market will help reduce costs, according to a new report by GBI Research, called Desalination Market to 2020 – Technology Driven Cost Reduction in Membrane Based Processes set to Drive Sustainability Investments into the Market.
The report highlights in particular improvements in energy efficiency by energy recovery devices and an increase in the lifetime of desalination plants, which may both contribute to a significant decline in desalination costs in the oil-rich and water-poor countries such as Saudi Arabia, Kuwait and others in Middle East.
The report covers market opportunities in desalination in the global arena, and predicts the annual revenues of the desalination equipment market in the next 11 years to 2020.