The rapid industrial development in India is escalating demand for fresh water in the increasingly water-stressed country. Owing to India's large coastline, desalination is considered one of the most viable water supply alternatives.
New analysis from Frost & Sullivan (environmental.frost.com), Analysis of Growth Opportunities in the Indian Desalination Market, finds that the market earned revenues of INR 1.12 billion in 2011 and estimates this to reach INR 7.48 billion in 2015.
The desalination market is in its growth stage and has substantial opportunities for the next ten years, as industries such as power, refineries, and chemicals are adopting efficient and sustainable technologies for the supply of fresh water.
Apart from industrialization, economic diversification and urbanization make a robust case for desalination. Urban centers account for more than 30 percent of the total population of India and the rate of urbanization is estimated to be 2.5 percent during 2010-2015. This directly translates to declining per capita water availability.
"Mumbai has high per capita water consumption, while the demand for water in Chennai is expected to increase four times by 2025,” said Frost & Sullivan Research Analyst. "As both Mumbai and Chennai are located near the coast; desalination is deemed the most feasible option."
However, despite the large market for desalination, plant owners have to depend on external financing agents such as national and foreign banks. This slows down the financial approval process for municipal projects and therefore, the market as a whole.
With appropriate government initiatives and legislations on water treatment and private partnerships, the desalination market is expected to pick up steam after 2012. The market will get a leg up from larger government funds, municipal desalination projects, and coastal industry power projects.
"Reliability, efficiency, and technical experience are the other key factors considered by end users while choosing desalination suppliers," noted the Analyst. "A company that provides end-to-end solutions and lowers the operational and energy consumption cost to the end-user will occupy a central position in Indian market."
If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Ravinder Kaur/ Priya George, Corporate Communications, at ravinder.kaur[.]frost.com/ priyag[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.
Analysis of Growth Opportunities in the Indian Desalination Market is part of the Environmental Growth Partnership Services program, which also includes research in the water and wastewater treatment equipment market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation
Analysis of Growth Opportunities in the Indian Desalination Market / P57A-15
Nimisha Iyer, Corporate Communications – South Asia & Middle East
M: +91 98200 50519 / P: +91 22 6607 2004 - E: niyer[.]frost.com.