Press release
Water Softeners Market Opportunities, Tracking Current Trends, Challenges, Analysis and Regional Growth Focusing on Top Manufacturers
Water Softeners Market
Due to the rapid urbanization, demand for drinking water and sanitation related services has increased and urban water treatment has become necessary. Increasing water consumption around the world is a key driver of the global water softener market. In addition, industrial activities and increasing world population are leading the world market for water softener. However, the emergence of alternative therapies is expected to hamper market growth.
With emerging economies such as India and Japan increasing opportunities for market participants to expand their water softener business, they are expected to provide growth opportunities for growth in the global water softener market.
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Market players have adopted agreement, acquisition, collaboration, partnership, expansion, and product & technology launch to gain competitive advantage in this market.
The key players profiled in this report include
• Culligan International Company
• Kinetico UK Ltd
• NuvoH2O LLC
• US Water System Inc.
• Ecowater System LLC.
The other key players include Ion Exchange (India) Limited, Hague Quality Water, Harvey Water Softener, Pelican Water System, and Canature Environment Products Co., Ltd. In an instance, Ion Exchange (India) Limited launches high purity water generation product for the pharma industry. This product launch has strengthened its water treatment product portfolio.
Depending on the type, the global water softener market is divided into salt water softener and non-salt water softener. Salt-free water softeners are cheaper than salt. They are preferred because they use chemicals to soften water and neutralize contaminants such as calcium and magnesium, which do not stick to the surface. Easy to install and low maintenance costs.
Depending on the end use, the market is divided into residential, industrial and municipal. Water softeners are increasingly used in residential applications to reduce the corrosion of plumbing pipes and equipment problems.
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Geographically, markets are branching to North America, Europe, Asia Pacific and LAMEA. North America accounts for a large portion of the global water softener market due to growth in the industrial sector, which is a major cause of rising water demand. The spread of waterborne diseases in the region is also causing the need for water softeners. Environmental responsibility for clean water use, water recycling and reuse also drives the North American water softener market.
Key Findings of the Water Softeners Market:
• The North America region is growing with a CAGR of 7.5% during the forecast period.
• The residential segment is projected to grow at the highest CAGR during the forecast period.
• The Salt-based water softeners nearly occupied two-third share in 2017.
• Residential segment accounted for three-fifth share of the global market in 2017.
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