Global Water Treatment System Market Size, Share, Forecast 2023 - 2033 | Top key players: Aquasana, Inc., 3M, BWT Aktiengesellschaft, Pentair plc, Panasonic, Calgon Carbon Corp., Watts Water Technologies Inc., Aquaphor, Culligan, WCC (Water Control Corp.)

According to a research report published by Spherical Insights & Consulting, the Global Water Treatment System Market Size is Expected to Grow from USD 40.63 Billion in 2023 to USD 91.50 Billion by 2033, at a CAGR of 8.46% during the forecast period 2023-2033.

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The global water treatment system market is a hub for technologies and techniques used to purify water for drinking and industrial uses, as well as proper wastewater management. This market includes processes like filtration, desalination, chemical treatments, as well as advanced technologies like reverse osmosis and UV disinfection. The market grows in response to increased water scarcity, pollution, and demand for clean water as a result of industrialization, urbanization, and population growth. The expanding population, strong economic growth, increased construction projects, and low mortgage rates are expected to be the key drivers of market expansion in the residential construction sector. The Environmental Protection Agency (EPA) set drinking water quality requirements under the Safe Drinking Water Act of 1974, and the agency works with partners to implement a number of financial and technical programs to maintain drinking water quality. However, the global water treatment system market faces several restraints, including high initial investment and operational costs, which may limit accessibility, particularly in developing nations. Inadequate infrastructure, a lack of technical expertise, and limited financial resources in certain areas all contribute to the sluggish adoption of water treatment technologies.

The reverse osmosis segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.

Based on the technology, the water treatment system market is divided into distillation systems, water softeners, reverse osmosis, filtration methods, disinfection methods, and others. Among these, the reverse osmosis segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. The remarkable effectiveness with which it removes a wide range of contaminants, including salts, microorganisms, and heavy metals, has contributed to its rapid growth. This makes it useful for both domestic and industrial applications, including as desalination, food and beverage, and pharmaceuticals. The growing demand for clean, potable water, combined with increased knowledge of water quality issues, has fuelled widespread use of RO systems.

The point-of-use segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.

Based on the installation, the water treatment system market is divided into point-of-entry and point-of-use. Among these, the point-of-use segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Point-of-use installations are crucial for treating water in impoverished nations due to their simplicity, low cost, low maintenance, and independence from power grids. PoU systems are immensely useful in medical contexts, particularly for those with impaired immune systems.

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The reactive evaporation segment accounted for the majority of the share in 2023 and is estimated to grow at the fastest CAGR during the projected timeframe.

Based on the application, the water treatment system market is divided into residential, industrial, and others. Among these, the residential segment accounted for the majority of the shares in 2023 and is estimated to grow at the fastest CAGR during the projected timeframe. Concerns about new pollutants are increasing, as is the demand for safe drinking water. It is also predicted to expand due to rising demand for drinking water that has been treated to remove biodegradable organics, dangerous microbes, unpleasant odor, taste, and discoloration.

Asia-Pacific is estimated to hold the largest share of the water treatment system market over the forecast period.

Asia-Pacific is estimated to hold the largest share of the water treatment system market over the forecast period. Countries such as China and India are facing tremendous demand for clean water as pollution levels rise and freshwater supplies become scarce. The region's expanding industrial sector and tight environmental regulations have encouraged investments in advanced water treatment equipment and infrastructure. The business is being driven by a growing awareness of water scarcity issues and the need for sustainable water management solutions.

North America is predicted to have the fastest CAGR growth in the water treatment system market over the forecast period. North America is characterized by the presence of major market actors with strong distribution networks, such as 3M, Honeywell International Inc., DuPont, and Panasonic. Consumer spending power and an increased emphasis on water treatment in the region are expected to drive market growth during the forecast period. The water treatment systems market in Canada is predicted to rise as the country's population and construction projects expand. Over the forecast period, Canada's population growth is expected to significantly strengthen the residential sector.

Major key players in the water treatment system market include FilterSmart, Pure Aqua, Inc., DuPont, EcoWater Systems LLC, Honeywell International Inc., Aquasana, Inc., 3M, BWT Aktiengesellschaft, Pentair plc, Panasonic, Calgon Carbon Corp., Watts Water Technologies Inc., Aquaphor, Culligan, WCC (Water Control Corp.), and Others.

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Key Target Audience

Market Players
Investors
End-users
Government Authorities
Consulting And Research Firm
Venture capitalists
Value-Added Resellers (VARs)
Recent Development

In January 2024, Rainmaker Worldwide Inc. has announced the acquisition of Miranda Water Treatment Systems. This acquisition is intended to result in a horizontal integration of its resources, giving Miranda increased global service capabilities.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the water treatment system market based on the below-mentioned segments:

Global Water Treatment System Market, By Technology
Distillation Systems
Water Softeners
Reverse Osmosis
Filtration Methods
Disinfection Methods
Others

Global Water Treatment System Market, By Installation
Point-of-Entry
Point-of-Use

Global Water Treatment System Market, By Application
Residential
Industrial
Others

Global Water Treatment System Market, By Regional Analysis
North America
US
Canada
Mexico

Europe
Germany
UK
France
Italy
Spain
Russia
Rest of Europe

Asia Pacific
China
Japan
India
South Korea

Australia
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America

Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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