Global Water Treatment Systems Market Size, Trends & Growth Opportunity, By Installation (Point of use (PoU), Point of Entry (PoE)), By Technology (Reverse Osmosis Systems, Distillation Systems, Disinfection Methods, Filtration Methods, Water Softeners, Others), By End-use (Residential, Commercial, Industrial) By Region and Forecast till 2027.
Global Water Treatment Systems Market
The global Water Treatment Systems market was valued at USD 39 billion in 2021 which expected to reach USD 75.05 billion by 2027 at a CAGR 11.34 %from 2022-2027.
Water treatment systems play a critical role in protecting human lives from such hazards. Water retrieval and purification is becoming a top priority in the industrial sector. Industrial processes that require water on-site have a significant opportunity to achieve two goals by utilizing effective water treatment systems. Water purification and reuse reduces a company's total water footprint and, as a result, its environmental impact. Reduced water and utility usage results in progressive cost savings that can be used to grow businesses rather than address overhead.
Market Drivers
The increased demand for clean water for industrial and drinking purposes around the world is one of the main factors driving the growth of the water treatment system market. The expansion of government programmes for the provision of clean, purified water, the rate of water pollution caused by industrialization, and the uncontrolled disposal of chemical waste and construction debris all contribute to the market's growth.
Market opportunities
The EPA is still enforcing administrative orders in order to ensure safe drinking water in public water systems. Furthermore, the United States government's announcement of the Drinking Water and Wastewater Infrastructure Act of 2021 in May 2021, with funding of USD 35 billion, is expected to create opportunities in this market. The United States government is launching a number of initiatives to improve its public infrastructure.
Impact of COVID-19
COVID-19 had a significant impact on both the global population and the global economy. The global economy is expected to contract sharply as a result of the COVID-19 crisis. Many manufacturing facilities and supply chain networks around the world came to a halt as a result of the pandemic. Due to market supply disruptions, the pandemic increased the importance of operational reliability.
The global demand for water treatment systems has decreased due to a decrease in demand from large industrial and commercial activities..
Market Segmentation
The Global Water Treatment Systems Market is segmented into Installation, Technology, Distribution Channel and Growing System. By Installation such as Point of use (PoU), Point of Entry (PoE). By Technology such as Reverse Osmosis Systems, Distillation Systems, Disinfection Methods, Filtration Methods, Water Softeners, Others. By End-use such as Residential, Commercial, Industrial.
Regional Analysis
Global Water Treatment Systems Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. During the forecast period, the Water Treatment Systems market in APAC is expected to grow at the fastest CAGR. The increase can be attributed to the region's increased water pollution. Furthermore, it is expected that the region's lack of access to safe drinking water will fuel the use of water treatment technologies over the forecast period. The presence of major market players with strong distribution channels, such as 3M, Honeywell International Inc., DuPont, and Panasonic, characterizes the North America region. Consumers' increasing spending power and the region's growing emphasis on water treatment are expected to drive market growth over the forecast period.
Key Players
Various key players are listed in this report such as 3M; Honeywell International Inc.; DuPont; Panasonic; Pentair plc; BWT Aktiengesellschaft; Culligan; Watts Water Technologies Inc.; Aquasana, Inc.; Calgon Carbon Corp.; Pure Aqua, Inc.
Market Taxonomy
By Installation
Point of use (PoU)
Point of Entry (PoE)
By Technology
Reverse Osmosis Systems
Distillation Systems
Disinfection Methods
Filtration Methods
Water Softeners
Others
By End-use
Residential
Commercial
Industrial
By Region
North America
Latin America
Europe
China
Asia Pacific
Middle East & Africa
Key Questions Addressed by the Report
What are the Key Opportunities in Global Water Treatment Systems Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the competitive Landscape in the Industry?
What is the role of key players in the value chain?
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