Press release
Water Softeners Market to Reach $3.56 Bn, Globally by 2025 at 7.8% CAGR | Key Competitors are BWT Aktiengesellschaft; Sears Brands, LLC; A. O. Smith; 3M; GE Appliances, a Haier company; Harvey Water Softeners Ltd; WOONGJIN COWAY CO.,LTD.; Culligan; Kainen
Water Softeners market
Global Water Softeners Market is expected to rise from its initial estimated value of USD 2.23 billion in 2018 to an estimated value of USD 3.80 billion by 2026, registering a CAGR of 6.86% in the forecast period of 2019-2026. This rise in market value can be attributed to the advancements and innovations in technology resulting in innovative product launches.
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Market Definition: Global Water Softeners Market
Water softeners are consumer goods that are used to purify and soften the hard water. It usually involves the removal of calcium, magnesium and various other cations from the hard water. This results in added benefits such as requirement of less soap in cleaning with this enhanced water, as well as enhanced lifetime period of plumbing pipes & fittings. This process is generally achieved through nano-filtration or reverse osmosis technology embedded in the water softeners.
Market Drivers:
Increasing adoption of the products in various industrial verticals as they promote the durability and enhance the operational life of equipments in these industries; this factor is expected to drive the growth of the market
Growth in awareness regarding the effects hard water has on the health of the individuals is expected to drive the market growth
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Market Restraint:
Availability of other methods of water treatment; this factor is expected to restrain the growth of the market
Segmentation: Global Water Softeners Market
By Type
Salt Based Water Softeners
Salt Free Water Softeners
By Operational Type
Electric
Manual
By Process
Ion Exchange
Distillatio
Reverse Osmosis
By Capacity
32000 Grains
40000 Grains
64000 Grains
80000 Grains
96000 Grains
110000 Grains
120000 Grains
210000 Grains
300000 Grains
450000 Grains
600000 Grains
900000 Grains
Greater than 1200000 Grains
By Application
Residential
Single Family
Multi-Family
Industrial
Food Processing Units
Pharmaceuticals
Textile
Chemicals
Oil & Gas
Refineries
Others
Commercial
Office Buildings
Hotels/Restaurants
Laundries
Hospital & Healthcare Facilities
Others
Municipal
By Geography
North America
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
Key Developments in the Market:
In April 2019, A. O. Smith announced that they had acquired Water Right Inc. for an approximate amount of USD 107 million. This acquisition will help in providing A.O. Smith to expand their product portfolio and provide them the capabilities to deal with the consumer directly as well as in certain retail spaces with the help of Water Right Inc.’s wholesale and independent dealer channels
In September 2017, A.O. Smith announced that they had completed the acquisition of Hague Quality Water for approximately USD 44.5 million, and an additional USD 2 million depending on growth. This acquisition will help in expanding the global products and services associated with water treatment business division of the company
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Competitive Analysis: Global Water Softeners Market
Global water softeners market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of water softeners market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Water Softeners Market
Few of the major competitors currently working in the water softeners market are BWT Aktiengesellschaft; Sears Brands, LLC; A. O. Smith; 3M; GE Appliances, a Haier company; Harvey Water Softeners Ltd; WOONGJIN COWAY CO.,LTD.; Culligan; Kaineng Health Overseas; Kinetico Incorporated, an Axel Johnson Inc. company; EcoWater Systems LLC; Whirlpool Corporation; NuvoH20, LLC; US Water Systems Inc; PelicanWater.com, An Enviro Water Solutions, Inc. Company; ION EXCHANGE; Pentair plc; Honeywell International Inc.; Watts and Watercare Softeners.
Research Methodology: Global Water Softeners Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Contact:
Sopan Gedam
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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