01-Oct-2024 | Zion Market Research
As per the researchers at Zion Market Research, the global Point of Entry Water Treatment Systems Market, estimating its value at USD 9.49 Billion in 2023, with projections indicating that it will reach USD 14.57 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.88% over the forecast period 2024-2032. Few of the leading players active in the global point of entry water treatment systems market include Honeywell International Inc., The DOW Chemical Company, Danaher Corporation, 3M Company, Best Water Technology (BWT) AG, Pentair PLC, Culligan International, Calgon Carbon Corporation, Watts Water Technologies, Inc., and General Electric Company. Innovation and product launches are the key approaches implemented by the leading market players to strengthen their base and market share.
The global point of entry water treatment systems market is primarily propelled by factors such as the increasing worries regarding waterborne diseases, rising disposable income, technological advancements, urbanization, mounting public health alertness, and growing global population, particularly in urban areas, together with rising water pollution. In addition, governments across the nations have enforced stringent rules so as to curb drinking water contamination. Also, rising wakefulness about public health is anticipated to further result in the implementation of point of entry water treatment systems in the coming period. This ultimately is expected to fuel market growth. Nevertheless, the high cost of equipment, operations, and installation are factors estimated to hinder the growth of the global market. Also, the shortage of clean water within budding economies and exhausting freshwater sources create diverse avenues for the expansion of the market.
The point of entry water treatment systems market, on the basis of technology, is bifurcated into water softeners, disinfection, reverse osmosis, filtration, distillation, and others. Among these, in 2018, in terms of market share, reverse osmosis (RO) systems were at the lead as a result of its large-scale implementation and the simple maintenance & installation processes. However, RO systems are projected to exhibit a slight slowdown owing to new combination technologies and products launched within the point of entry water treatment systems market in the last few years, such as RO + UV systems.
The point of entry water treatment systems market is projected to be governed by Asia Pacific during the forecast period. Further, the increasing need for the minimization of overall water footprint and optimal treated water quality yields in budding economies, comprising Asia Pacific and Central and South Africa, is expected to drive the market growth in these regions. As more nations implement strict rules to manage point of entry water treatment systems, the market is estimated to display a considerable expansion. Swift industrialization within the Asia Pacific nations together with the expansion of sectors comprising mining, oil & gas, oil and gas, paper & pulp, and power generation in developing countries such as China, Singapore, and India are also expected to fuel the regional market growth.
Browse the full “Point Of Entry Water Treatment Systems Market - By Application (Non-Residential, Residential, Industrial, Commercial, Educational Institutes, Healthcare, And Others), By Technology (Distillation, Reverse Osmosis Systems, Filtration, Water Softeners, Disinfection, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/point-of-entry-water-treatment-systems-market
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