Global Water Treatment Market Size Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI3517
Global Water Treatment Market is set to witness growth on account of rising health awareness, increasing population and growing level of water pollution. Stringent government regulations to control water contamination is projected to strengthen the business landscape. In addition, easy availability of purifying technology along with significant reduction in production and operation cost will enhance the industry outlook.
Distillation water treatment market will grow owing to low operating cost and easy installation. Consistent & reliable results coupled with effective removal of water contamination is projected to positively impact the industry landscape. Enhanced capacity, affordable pricing, and higher efficiency along with rising awareness toward environment and health will further drive the product adoption.
Filtration water treatment market is anticipated to grow on account of technology advancement coupled with lower production costs and easy availability. Cost saving, sustainable solution and improved water quality will augment the business outlook. Moreover, ongoing R&D activities accompanied by advancement in technology is projected to strengthen the product installation.
Residential water treatment market is set to grow owing to rising awareness toward health risk and hazardous environment impact of contaminated water. Growing focus toward reusing and recycling of water is anticipated to encourage the product demand. In addition, increasing residential construction across the globe is projected to enhance the industry outlook.
Point Of Use (POU) water treatment market will grow on account of convenient product use, easy installation and cost efficiency. Increasing water contamination and construction activities along with growing awareness toward the benefits of clean drinking water are key parameters driving the water treatment systems market growth.
Asia Pacific water treatment market is projected to grow owing to increasing water demand and depletion of water resources. Strict environment regulation by respective government authorities to control water security issues is encouraging the product adoption. In addition, rapid industrialization and growing population in the region are key factors driving the industry landscape.
Europe water treatment market is anticipated to grow on account of increasing demand for high grade water and stringent environment protection regulations. Rising surface and ground water pollution coupled with water security issues will drive the business outlook. Increasing treatment of wastewater coupled with growing number of commercial and residential construction projects will positively influence the product penetration.
Key players operating in the water treatment market include SUEZ, ITT, Flowserve, Panasonic, LG, Pentair, Kemira, Unilever, Coway, BWT, Culligan, Veolia, 3M, GE, DowDuPont, Instapure Brands, A.O. Smith, Kinetico, WestAqua-Distribution OU, Kemira and EcoWater Systems.
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