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Point-of-Entry Water Treatment Systems Market (Covid-19) Effect Analysis | Likewise Industry is Booming Globally with Key Players The DOW Chemical Company, Honeywell International Inc., 3M Company, Danaher Corporation, Pentair PLC, Best Water Technology (

05-05-2020 08:48 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Point-of-Entry Water Treatment Systems Market

Point-of-Entry Water Treatment Systems Market

Point-of-Entry Water Treatment Systems Market is expected to garner $6.6 billion by 2022, registering a CAGR of 8.9% during the forecast period 2016-2022. Point-of-entry water treatment systems are installed at main water lines, which are the first entry point of water in a residential or commercial establishment. These systems are witnessing increased adoption owing to growing demand for clean water among the populace. Treating water at the first point of entry whether in a building or a residential complex is increasingly becoming important due to the rising levels of contamination at water sites as well as during the supply. Asia-Pacific exhibits lucrative market opportunities especially in countries such as China and India owing to a large customer base and growing urbanization.

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World point of entry water treatment systems market is growing at a steady rate and is expected to continue its growth momentum on account of growing urbanization in developing countries. Deteriorating water quality, increase in disposable income and rising awareness for health and wellness are few factors that are driving the market growth. Leading players are also introducing innovative water treatment systems with latest technologies to gain traction and increase the market share. Water treatment systems available in the market are equipped with the advanced features along with smart attractive designs. Such products are expected to witness increased demand due to increased purchasing power and awareness about the health issues. However, rising consumption of packaged drinking water is amongst the major challenges for the growth of this industry.

Asia-Pacific region currently dominates the global market on account of huge population and scarcity of clean, pure drinking water, especially in developing countries such as China and India. LAMEA region would grow at the fastest CAGR due to rapid urbanization and industrialization. The expansion of international players in these regions as well as presence of local players have also been supporting the growth of market in these regions. Residential customers would maintain their leading position during the forecast period.

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The world point-of-entry water treatment systems market is segmented based on water treatment technology, application, and geography. Various technologies such as water softening, filtration, reverse osmosis, and disinfection are popular in the market. In 2015, the water softening technology dominated the market followed by the water filtration technique. Based on application, the market is segmented into residential, commercial, and industrial sectors. Geographically, it is divided into North America, Europe, Asia-Pacific, and LAMEA, along with a country-wise split of these regions.

Key players operating in this market are The DOW Chemical Company, Honeywell International Inc., 3M Company, Danaher Corporation, Pentair PLC, Best Water Technology (BWT) AG, Calgon Carbon Corporation, Culligan International, General Electric Company, and Watts Water Technologies, Inc. Product launch and innovation are the primary strategies adopted by the players to increase their market share.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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