Market Analysis: Global Electrodialysis Equipment Market
Global Electrodialysis Equipment Market is expected to rise grow with a CAGR of 4.27% in the forecast period of 2019-2026. This is expected to result in growth of the market value from its initial estimated USD 292.31 million to a projected value of USD 408.42 million. This rise in market value can be attributed to the increase in efficiency and effectiveness in achieving desalination with this process.
Market Definition: Global Electrodialysis Equipment Market
Electrodialysis equipments are the devices that are used to complete the electrodialysis processes. This process involves the separation of certain substances, compounds and components from a solution. It is majorly utilized in desalination of water as well as in recycling processes.
- Growth in concerns for water pollution and requirement for desalination of water due to the decline in presence of freshwater sources; this factor is expected to drive the market growth
- Requirement of less processing and any additional steps before the end solution is ready for consumption with the usage of electrodialysis is expected to drive the market growth
- Requirement of certain conditions to be fulfilled before electrodialysis systems can be applied on certain applications is expected to restrain the market growth
- Lack of fulfilment in separation of certain components from the solution with this process is expected to restrain the market growth
Segmentation: Global Electrodialysis Equipment Market
- By Product
- Cation-Exchange Membranes
- Anion-Exchange Membranes
- By Type
- Continuous Electrodialysis
- Batch Electrodialysis
- By Application
- Seawater Desalination
- Food & Beverages
- Recycling Equipment
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
- North America
Key Developments in the Market:
- In February 2018, Evoqua Water Technologies LLC announced that they had agreed to acquire Pure Water Solutions. This acquisition will further integrate Evoqua’s expertise in providing products, solutions and services for water treatments.
- In November 2017, AGC Inc. announced the launch of a new brand “FORBLUE”, with the brand focused on providing AGC Inc.’s eco-friendly technology for the separation of chemical substances. This brand launch will help in providing consumers with a focused platform for providing solutions in chemicals separations.
Global electrodialysis equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electrodialysis equipment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in electrodialysis equipment market are PCCell GmbH; Evoqua Water Technologies LLC; GENERAL ELECTRIC; C-Tech Innovation; AGC Engineering Co.,Ltd.; ASTOM Corporation; MEGA International; Eurodia Industrie; SnowPure, LLC; Saltworks Technologies Inc.; Electrosynthesis Company, Inc.; AGC Inc.; Doromil (Beijing) Separation Technology Co., Ltd.; WGM Sistemas;
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved