Core Viewpoint - The seawater desalination equipment industry in China is experiencing significant growth, driven by increasing demand for freshwater resources and technological advancements in desalination methods [2][6]. Industry Overview - Seawater desalination equipment is essential for converting seawater into freshwater through various methods, primarily reverse osmosis, which is currently the most efficient and energy-saving technology [4]. - The market size for seawater desalination equipment in China is projected to reach 18 billion yuan in 2024, up from 14 billion yuan in 2020, reflecting a compound annual growth rate of 6.48% [2]. Industry Chain Analysis - The upstream of the seawater desalination equipment industry includes materials like stainless steel and titanium alloys, while the midstream involves manufacturing by companies such as Shuangliang Energy and Tianjin Membrane Technology [5]. - The downstream applications are diverse, covering municipal water supply, industrial water use, and specialized processes, with increasing market demand supported by government policies [5]. Market Status - The total output value of China's seawater desalination and comprehensive utilization industry is expected to reach 33.7 billion yuan in 2024, showing a year-on-year growth of 3.90% [6]. - Government initiatives, such as guidelines for accelerating the development of water-saving industries, are providing strong support for the industry's growth [6]. Competitive Landscape - The industry features a mix of domestic and international brands, with companies like Shuangliang Energy and Tianjin Membrane Technology making notable advancements in technology and market expansion [7]. - As competition intensifies, companies are required to enhance their technological capabilities and service quality to maintain market position [7]. Development Trends - Future innovations will focus on developing new reverse osmosis membrane materials and energy recovery devices to improve desalination efficiency and reduce energy consumption [8]. - The demand for seawater desalination is expected to grow, particularly in urban water supply and sectors like power, petrochemicals, and agriculture, especially in arid regions [8].