San Francisco, Sep 27 The
global point
of use water treatment systems market is estimated to be valued at
USD 34.1 billion by 2025, according to a new report by Grand View Research,
Inc. Increasing water pollution coupled with growing awareness towards healthy
lifestyle are factors propelling the market growth.
Increasing
adoption of water purifier systems is predicted to drive the global point of
use water treatment systems market over the forecast period. Favorable
government laws to ensure the supply of clean and potable drinking water are
further expected to augment business growth in the coming years.
The
increasing demand for clean water coupled with growing investments to boost the
efficiency is likely to provide a boost to the point of use water treatment
systems market growth over the forecast period. Significant reduction in the
costs of raw materials and components along with favorable government
initiatives is likely to encourage growth of the point of use water treatment
systems market by 2025. Governments across the globe are encouraging wider
adoption of water treatment systems, to avoid an epidemic of water borne
diseases.
In
terms of technology, the reverse osmosis systems held over 43% of the global
point of use water treatment systems market share in 2016. Established
technology coupled with economical costs of units in comparison to other
technologies is predicted to have a positive impact the growth of point of use
water treatment systems market by 2025. Filtration methods technology segment
in point of use water treatment systems market is predicted to be valued at USD
7.5 billion by 2025. Higher efficiency, enhanced capacity, and affordable
pricing are projected to boost market growth during the forecast period.
Tabletop
pitchers segment of the water treatment systems market was valued at USD 6.9
billion in 2016 and is likely to be valued at USD 14.6 billion by 2025.
Tabletop pitchers are widely adopted owing to the convenient use coupled with
affordable price and longer shelf life of the product. In the devices segment,
faucet mounted filters are the second largest with 80.7 million units sold in
2016. This segment has large scale penetration in Indian and African countries
mainly due to its affordable pricing and low replacement costs.
Browse full research report on Point of Use Water Treatment Systems Market:
www.grandviewresearch.com/industry-analysis/point-of-use-water-treatment-systems-market
Further key findings from the report suggest:
- The U.S.
point of use water treatment systems market, in terms of value, is
predicted to grow at a CAGR of over 3.4% in the coming years. Favorable
government regulations, coupled with financial benefits, are predicted to
boost business growth over the forecast period.
- In 2016, the
UK point of use water treatment systems market, in terms of volume,
contributed over 31.9 million units and is predicted to reach over 102.9
million units by 2025. Under the sink units are more prevalent in the UK,
given the advanced aesthetic sense prevalent among the customers in the
country.
- India point
of use water treatment systems market is likely to be valued at USD 1.9
billion by 2025. As of 2017, India is one of the largest market owing to
be the second most populated country in the world.
Browse more reports of this category
by Grand View Research: www.grandviewresearch.com/industry/bulk-chemicals
Grand
View Research has segmented the global point of use water treatment systems
market on the basis of technology, device, application and region:
Technology
Outlook (Volume, Million Units; Revenue, USD Billion; 2014 - 2025)
- Reverse Osmosis
systems
- Distillation
systems
- Disinfection
methods
- Filtration
methods
Application Type Outlook
(Volume, Million Units; Revenue, USD Billion; 2014 - 2025)
- Residential
- Non-residential
Device Type Outlook
(Volume, Million Units; Revenue, USD Billion; 2014 - 2025)
- Tabletop
pitchers
- Faucet
mounted filters
- Counter-top
filters
- Under-the-sink
filters
Regional
Outlook (Volume, Million Units; Revenue, USD Billion; 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- Russia
- UK
- Spain
- Italy
- Asia Pacific
- China
- Japan
- South Korea
- Australia
- India
- Central &
South America
- Brazil
- Middle East
and Africa
- UAE
- Saudi Arabia
Browse press release of this report
by Grand View Research: www.grandviewresearch.com/press-release/global-point-of-use-water-treatment-systems-market
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and fact-based
research across a range of industries, from technology to chemicals, materials
and healthcare.
For more information:
www.grandviewresearch.com
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