|10-31-2018 05:31 AM CET - Energy & Environment||
Water Softener Market Outlook and Analysis to 2024 – Leading Top Companies are EcoWater Systems LLC, Culligan International, Kinetico Incorporated, Pentair, Morton Salt, Whirlpool Corporation, 3M
Press release from: Global Market Insights, Inc.
Global salt free water softener market is anticipated to exceed USD 2 billion in projected timeline owing to its extensive consumption in the U.S. There is no electrical valve required in salt-free softener as system operates as a conditioner and do not captures anything, thus eliminating need to purge minerals. Soft water from this system results in less soap consumption and brighter laundry, which is anticipated to stimulate product demand.
New product innovation and rising demand for safe water in residential buildings is projected to drive regional market over forecast timeframe. Increasing monetary standards along with growing awareness about damaging properties of hard water are likely to boost the market growth.
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Water Softener Market size is set to surpass USD 10 billion by 2024; according to a new research report by Global Market Insights, Inc. Global water softener market share is competitive and moderately consolidated with key industry precipitants includes, Culligan International Company, General Electric Company, Pentair, Whirlpool, Honeywell International and 3M. Increasing consumption of soft water has encouraged sellers to invest intensely in R&D for the product. Companies are spending more on product design, increasing efficiency and reducing environmental impacts.
- Water Softener Market, By Product
• Salt Based
• Salt Free
- Water Softener Industry, By Application
o Single Family
o Multi Family
o Office Buildings
o Hospital & Healthcare
o Food Processing unit
o Oil & Gas
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Global water softener market size of 120,000 grain from office building application is poised to observe gains of over by 4% 2024. Increase in consumer health consciousness has led to rise in demand for healthy and safe drinking water which is likely spur product demand.
Water softener in home decreases greenhouse gases, reduce chlorine content and removes odor with good efficiency is likely to augment product demand. Water appliances use less energy and last longer by using softener reduces carbon footprint and preserving resources for a longer span of time, thereby driving market size.
This equipment is partially banned in 34 states worldwide due its contamination in ground water, manufacturer needs to take legal help from national Water Quality Association to litigate against local laws, which is likely to hamper industry profitability and addon additional compliance cost, thereby affecting water softener market price trends.
UK salt-based water softener market size in 900,000 grain from hotel/restaurants is likely to surpass USD 3 million due to its usage in removing lime scale on toilets, tile and faucets. It eliminates scale causing minerals in water, subsequently resulting in cleaner fittings and tiles, which may propel product demand.
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China water softener demand in 1200,000 grain from laundries units is projected to witness gains of up to 7%. Fabric quality is adversely affected along with high amount of detergent is required when hard water is used thus, softener is needed for both cleaning and washing applications. Softening equipment is used in this industry to maintain quality, easy cleaning of fabrics and also reduces the amount of detergent required, which may boost market growth.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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This release was published on openPR.
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