Severe Water Scarcity Boosts Global Desalination Market.
David Sobel, H20 Technologies Chief Strategy Officer explains the factors affecting demand for advanced water purification technologies.
Online, November 19, 2009 (Newswire.com)
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Demand for fresh water is increasing around the world, especially in regions with rapidly growing populations and badly affected by long, drought seasons. Water is only going to become scarcer and many governments are looking at desalination and investing in this technology to supply water to their populations. These factors are driving the desalination market which is currently showing very strong growth.
Over the next few years the desalination market will generate expenditure in the region of $95 billion, of which around $48 billion will be derived from new capacity.
Additional capacity of 31 million cubic meters per day is expected to be commissioned during the period. This represents a 101% increase in the total active installed capacity over the period.
The largest market will continue to be the Gulf area, where the combination of rapidly growing populations, depleted ground water resources and the retirement of capacity built during the oil boom years of the 1970s and early 1980s will require a near doubling of the total capacity.
The largest growth market will be the Mediterranean Rim, where Algeria, Libya, and Israel are anticipating capacity increases in excess of 300%. With desalination back on the political agenda in Spain, the total increase in capacity in the Mediterranean region will be 179%.
The US market will make the break-through into large scale municipal desalination (it is currently predominantly a brackish water desalinator). Already it has nearly 2 million cubic meters of seawater desalination on the drawing board, although financing issues and the permitting process will delay the growth of the market.
China and India are also set to enter the large-scale seawater desalination market. Both have large populations in water stressed regions, and political backing for higher water tariffs. The 650,000m3/d additional capacity these two countries are expected to bring on line by 2015 could be the start of a massive move into desalination in the longer run.
Across the world desalination demand is showing huge growth. The problem with current desalination technologies available, like reverse osmosis, is that it is both capital and energy intensive. H20 Technologies is working towards providing the solution.
About H20 Technologies:
H20 Technologies is commercializing carbon nanotube membranes for use in water desalination. Our technology offers up to 10 times the flow rates of the best existing desalination technology and has the innovation to reduce energy costs by up to 75 percent therefore making our process probably the most cost efficient in the current marketplace.
For further information about H20 Technologies please contact us:
Email: [email protected]
Tel & Fax: +886 2 6602 1452
http://www.h20technologies.com
Investor Relations Agent: Marshall Browning, Osaka, JAPAN
About Marshall Browning:
Marshall Browning is a venture capital and management consulting firm. We invest in and provide management consulting services to early stage emerging growth companies. We aim to form a close partnership with a company, developing relationships with management, investors and shareholders. We inform the investment community about a company, provide management consulting to grow the business, and often take an equity stake in the companies we assist.
http://www.marshallbrowning.com
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Tags: Desalination, H20 Technologies, H2O technologies, Marshall Browning, Nanotechnology