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Desalination-technologies market to grow to $50 billion by 2020

from Global Industry Analysts Inc. via Water and Wastes Digest

The global market for desalination technologies will reach $50 billion by 2020, according to Desalination Technologies: A Global Strategic Business Report. Researchers say that market growth is occurring because of rapidly growing demand for freshwater and reduced supply thanks to climate change and water contamination. Demand is being fueled by rapid expansion of the manufacturing and energy industries and an increase in arable acreage to feed growing populations. Spurring demand still more, the economic prosperity of the last half-century has created increased incomes and rising standards of living, causing per-capita consumption of water to grow at an unsustainable rate. Growing demand for bottled water is also a concern, because it leads to privatization of freshwater resources, amplifying the threat of a water crisis. More than half of the world's 7.1 billion population lives in water-stressed areas. Has your firm tested the waters of water? Maybe it should! more


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