MENA Electrodeionization Market Seen Soaring 6.5% Growth to Reach USD 85 Million by 2023

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According to a new report by Univdatos Market Insights, The MENA Electrodeionization Market was valued at USD 85 million in the year 2023 and is expected to grow at a strong CAGR of around 6.5% during the forecast period (2023-2030) owing to the increasing demand for pure water across the different industry verticals such as power generation, chemicals, pharmaceuticals, and others. Major companies in the market have collaborated and treated water with technologically advanced features and innovative products. For instance, in March 2021, DuPont announced that it had entered into a collaboration with Waterise to provide seawater reverse osmosis membranes and expertise to the company’s subsea desalination plants.

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Moreover, the MENA region faces unique challenges regarding water scarcity and quality due to its arid climate and limited freshwater resources. As per the World Bank in 2023, By 2030 the amount of water available per capita in MENA will fall below the absolute water scarcity threshold of 500 cubic meters per person, per year and as the population grows, the problem will become even more acute. As population pressures in the region increase, the demand for water resources rises.

The report suggests that Electrodeionization resources in the MENA region had a significant impact on the Electrodeionization industry in the MENA region. Some of how this impact has been felt include:

·       For instance, on March 2024: As per the reports of Zawya, the head of Egypt’s Suez Canal Economic Zone (SCZONE) has officially announced projects to initiate a tender process for a water desalination plant. Last July, SCZONE announced the construction of a water pump manufacturing centre.

·       For instance, in September 2020: The National Centre for Industrial Development signed a cooperation agreement with the Saudi Water Partnership Company that aims to improve water security and manufacture and focus water desalination equipment to meet the growing water demand.

Apart from this, in recent years, several governments in the MENA and North Africa have implemented policies and provided funding support to enhance the growth of the Electrodeionization industry. 

Explore the Comprehensive Research Overview- https://univdatos.com/report/mena-electrodeionization-market/

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Conclusion

In conclusion, Electrodeionization is at the forefront of transformative changes in the MENA region's water treatment landscape. The convergence of technological advancements, sustainability goals, regulatory support, and market dynamics is propelling the adoption and growth of Electrodeionization solutions. As the demand for high-purity water continues to escalate, EDI remains a vital tool for ensuring water quality, resource efficiency, and environmental stewardship across diverse sectors in the MENA region.

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