Global Water Filters Market was valued US$ 10.16 Bn in 2017, and expected to reach US$ 17.33 Bn by 2026, at a CAGR of 6.9 % during forecast period.The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology.
Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence.
The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in global water filters market.This market research analysis identifies the increasing regulation on industrial and municipal wastewater disposal, and higher efficiency with a longer lifetime is propelling the global water filters market growth.
Increasing urbanization in emerging economies and high industrial growth in the Asia Pacific region is posing a prominent business opportunity for the water filters manufacturers to increase their sales in the coming years.
Further, the growth in the oil & gas, chemicals & petrochemicals, food & beverages, and pharmaceuticals end use industries is expected to drive the global water filters market.
The increasing awareness in the marketplace of better diets, and the provision of foods to match, applying especially to the sugar industry with a threat from ‘artificial' sweetener will boost the food & beverages segment growth.