9th Aug 2019 – The global water
treatment systems market is expected to cross USD 44.01 billion by 2025
and is anticipated to rise at a staggering CAGR of 7.1% during the forecast
period. Rise in water pollution coupled with rise in population is expected to
contribute to the market growth in the forecast period. Growing awareness
regarding health among the young population is likely to act as a major driver
for market growth. In addition, stringent regulations by government against
water pollution is expected to fuel the market growth.
Water treatment systems market witnesses
several opportunities in form of installation of water treatment systems in
residential sectors. Government has now mandated commercial builders to design
water treatment systems for new constructions. However, growing population,
environmental issues arising due to water, growing prevalence of waterweeds,
and unevenness in presence of water treatment systems is likely to create
market hindrance in the forecast period upto 2025.
Water treatment methods such as rapid
sand filtration, charcoal filter, solar disinfection, ceramic filter,
desalination and boiling reduce the number of pathogens, but do not eliminate
it entirely. Solar disinfection and boiling being effective are thus
unrealistic for large quantity of water. On the other hand, chemical
disinfection kills pathogens and the method is feasible with large volumes of
water. Sodium hypochlorite and calcium hypochlorite are domestically used but
active chlorine concentrations might differ and should stand relevant to
calculate the proportion of chlorine to be added to the water.
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Large water supplies cater to commercial
and industrial sectors and toxic water in form of liquid waste released by
chemical industries treated in two-three levels before releasing into open
spaces or rivers. In the other terms, the water demands for residential use may
vary according to rainfall, catchment areas or any other reasons. Therefore, it
is essential to choose carefully the equipment for water treatment.
Water treatment systems industry is
segmented based on technology, device, application, and geography. “Technology”
segment accounted for a major share in the global market due to proliferation
and use of RO technology for water treating. Distillation technology stands at
a second position in the market due to rise in water demands for personal and
commercial use.
Geographical segmentation for water
treatment systems market include North America, Latin America, Europe,
Asia-Pacific, Middle East and Africa. North American water treatment systems
market is likely to gain an astounding CAGR in the forecast period.
Asia-Pacific’s water treatments systems market is estimated to rise at a higher
CAGR in the forthcoming period owing to rise in environmental issues due to
water pollution.
On the other hand, sink filters are in
intense demand in the emerging economies. Water dispensers contribute largely
to the APAC’s market growth. Middle Eastern and African market comparatively
witnesses a moderate growth in water treatment systems owing to moderate
awareness coupled with conventional techniques used for water treatment &
distillation. The key players in the water treatment systems market include 3M,
Philips, Pentair, Panasonic, Unilever, LG Electronics, EcoWater systems, A.O.
Smith, Culligan International, and Amway.
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