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Point-of-Use Water Treatment Systems Market is Likely to Garner a Healthy CAGR by Forecast 2021

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Ashish Gujrathi
Point-of-Use Water Treatment Systems Market is Likely to Garner a Healthy CAGR by Forecast 2021

Global Point-of-Use Water Treatment Systems Market Information by Technology (Filtration, Reverse osmosis, water softener, distillation, sedimentation, and others) by Application (Commercial, Industrial, and Infrastructure) and Region - Forecast to 2021

Global Water Treatment Systems Market – Overview

The increased need for making available clean water to a rapidly growing population is growing the market demand for water treatment systems. Market reports linked to the construction industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better. The market is projected to develop at an excellent CAGR in the forecast period.

The government authorities and private bodies are actively taking steps to ensure good water quality and thus reducing the occurrence of water-borne diseases. Improved water systems are increasing the market share considerably. Moreover, increasing developments in terms of the product range and investments by industry players are expected to create positive opportunities for growth in the forecast period.

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Segmental Analysis

The segmentation of the water treatment systems market is carried out on the basis of application, technology, and region.  Based on Technology, the water treatment systems market is segmented into reverse osmosis, water softener, filtration, sedimentation, distillation, and others. The segmentation of the water treatment systems market based on application is segmented into industrial, commercial, and infrastructure. The regions that are counted in the water treatment systems market are Europe, North America, Asia Pacific and Rest of the World.

Detailed Regional Analysis     

The regional analysis of the water treatment systems market spans regions such as Europe, North America, Asia Pacific and Rest of the World. The Asia Pacific region controls the water treatment systems market globally with its speedily increasing market globally. The region is projected to expand with a favorable CAGR over the forecast period. As the Asia Pacific region is one of the major customer sources for water treatment systems, specifically in countries such as China and India. The fast industrialization rate in the region along with the augmented level of borne water diseases has encouraged the water treatment systems market. Though, the North American region is anticipated to develop swiftly by 2021. The European region and the rest of the world are also anticipated to develop at an excellent CAGR in the forecast period from 2016 to 2021.

Competitive Analysis

The competitors are proactively addressing the challenges to growth and are crafting strategies that can have the best overall effect on the market's progress. The market leaders are taking an interest in the creation of strong value chains that can yield increased profits. The competitive outlook for the market is expected to diversify significantly in the coming period. The developments in the market are expected to be fuelled by the rise in investments and product innovations. The opportunities for growth in the market have ample scope for development in the forecast period. The market challengers find themselves in a promising position with the capacity to handle the pace of change. The perceived tendency for the market’s growth has increased following the availability of positive factors in the market.

The important firms in the water treatment systems market globally consist of Culligan International, Honeywell International Inc., 3M Company, Calgon Carbon Corporation, Watts Water Technologies, Inc., The Dow Chemical Company, Pentair PLC., Best Water Technology AG, and Danaher Corporation.

Industry Updates:

Feb 2019 Pentair has finalized the earlier announced acquisition of water treatment solutions and equipment provider Pelican Water Systems for $120 million. Pentair has noted that procurement will help further expand its residential water treatment business by offering new growth opportunities through both its modern product range and its multi-channel approach.

April 2018 Enpress LLC, has announced the launch and availability of its original PIONEER Lead & Cyst filtration System, a unique whole-house lead removal system. This innovative and advanced POE (Point-of-Entry) filtration system delivers filtration everywhere technology beginning at the source which contributes to overall water quality.

 

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