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Water Purifier Market - Scarcity of Clean Water Pushes Civic Bodies to Adopt Water Purifiers

Water Purifier Market - Scarcity of Clean Water Pushes Civic

Global Water Purifier Market: Snapshot

Water purification aims at eliminating biological contaminants, unwanted chemicals, and suspended solids along with gases from polluted water. Water purification is designed for a variety of other purposes such as medical, pharmacological, chemical, drinking, and industrial applications. The different water purification techniques include RO, gravity, sedimentation, UV, and distillation. Majority of the water purifying techniques are designed to meet the international standards of purification.

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According to the research report, the global water purifier market is expected to reach a valuation of US$106.45 bn by the end of 2025 from US$49.49 bn in 2015. The market is estimated to progress at a CAGR of 8.1% during the forecast years of 2017 and 2025.

RO Technique Garners Steady Momentum in Global Water Purifier Market

On the basis of technology, the water purifier market is categorized into gravity purifiers, RO purifiers, UV purifiers, sediment filters, water softener, ceramic filter, and distillation among others. In an RO water purifier water passes through a membrane, which filters out a number of water contaminants, depending on their size. The growing number of water borne diseases worldwide has led to the increased adoption of RO purifiers rather than the traditional gravity purifiers on the basis of purification efficiency and the amount of filtration. On the other hand, UV purifiers are also gaining momentum in the water purifier market due to their advanced water filtration technology of using UV light for killing water contaminants. Sediment filter technology is slowly losing significance as a standalone purification technology and is now predominantly used for pre-filtration in gravity, RO, and UV purifiers.

On the basis of end users, the water purifier market is segmented into industrial, commercial, and household. Rapid industrialization has increased the demand for water purifiers in the industrial segment for running various large scale processes. Growing awareness regarding health issues related to water contamination and various filtration technologies available for preventing them has helped the water purifier market to grow in a significant manner in the household segment.

Rapid Urbanization in Asia Pacific Keeps Region in the Forefront

Asia Pacific is anticipated to drive the growth of the water purifier market in the coming years. The growing demand for smart water filters, which can be controlled through internet is expected to pave the way of the region to remain at the forefront of the overall market. Furthermore, initiatives at increasing awareness about clean water in rural areas is also expected to augment the demand for water purifiers in emerging economies of India and China. The high population growth of Asia Pacific, rapid urbanization, and the soaring need for potable water are expected to drive the Asia Pacific water purifier market in the near future.

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Some of the key operating players in the global water purifier market are Whirlpool Corporation, 3M Purification, Inc., A.O. Smith Corporation, Kaz USA, Inc., Best Water Technology, Brita, GmbH, Eureka Forbes Ltd., Kaz USA Inc., Tata Chemicals Ltd., Phillips Electronics, Kinetico Inc., Culligan International Company, Evoqua Water Technologies LLC, Kinetico Inc., LG Electronics, Coway Co., Ltd., Koninklijke Philips N.V., Aquatech Internationa LLC., EcoWater Systems LLC, and The Clorox Company.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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