San Francisco, 24
September 2018: The global point
of use water treatment systems market is estimated to be valued at USD 34.1 billion by
2025, according to a new report by Grand View Research, Inc. Increasing water
pollution coupled with growing awareness towards healthy lifestyle are factors
propelling the market growth.
Increasing adoption of water purifier
systems is predicted to drive the global point of use water treatment systems
market over the forecast period. Favorable government laws to ensure the supply
of clean and potable drinking water are further expected to augment business growth
in the coming years.
The increasing demand for clean water
coupled with growing investments to boost the efficiency is likely to provide a
boost to the point of use water treatment systems market growth over the
forecast period. Significant reduction in the costs of raw materials and
components along with favorable government initiatives is likely to encourage
growth of the point of use water treatment systems market by 2025. Governments
across the globe are encouraging wider adoption of water treatment systems, to
avoid an epidemic of water borne diseases.
In terms of technology, the reverse osmosis
systems held over 43% of the global point of use water treatment systems market
share in 2016. Established technology coupled with economical costs of units in
comparison to other technologies is predicted to have a positive impact the
growth of point of use water treatment systems market by 2025. Filtration
methods technology segment in point of use water treatment systems market is
predicted to be valued at USD 7.5 billion by 2025. Higher efficiency, enhanced
capacity, and affordable pricing are projected to boost market growth during
the forecast period.
Tabletop pitchers segment of the water
treatment systems market was valued at USD 6.9 billion in 2016 and is likely to
be valued at USD 14.6 billion by 2025. Tabletop pitchers are widely adopted
owing to the convenient use coupled with affordable price and longer shelf life
of the product. In the devices segment, faucet mounted filters are the second
largest with 80.7 million units sold in 2016. This segment has large scale
penetration in Indian and African countries mainly due to its affordable
pricing and low replacement costs.
Access
Research Report of Point of Use Water
Treatment Systems Market @ www.grandviewresearch.com/industry-analysis/point-of-use-water-treatment-systems-market
Further key findings from the report suggest:
· The U.S. point of use water treatment
systems market, in terms of value, is predicted to grow at a CAGR of over 3.4%
in the coming years. Favorable government regulations, coupled with financial
benefits, are predicted to boost business growth over the forecast period.
· In 2016, the UK point of use water
treatment systems market, in terms of volume, contributed over 31.9 million
units and is predicted to reach over 102.9 million units by 2025. Under the
sink units are more prevalent in the UK, given the advanced aesthetic sense
prevalent among the customers in the country.
· India point of use water treatment systems
market is likely to be valued at USD 1.9 billion by 2025. As of 2017, India is
one of the largest market owing to be the second most populated country in the
world.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/bulk-chemicals
Grand View Research has segmented the
global point of use water treatment systems market on the basis of technology,
device, application and region:
Technology Outlook (Volume, Million Units;
Revenue, USD Billion; 2014 - 2025)
·
Reverse Osmosis systems
·
Distillation systems
·
Disinfection methods
·
Filtration methods
Application Type Outlook (Volume,
Million Units; Revenue, USD Billion; 2014 - 2025)
·
Residential
·
Non-residential
Device Type Outlook (Volume,
Million Units; Revenue, USD Billion; 2014 - 2025)
·
Tabletop pitchers
·
Faucet mounted filters
·
Counter-top filters
·
Under-the-sink filters
Regional Outlook (Volume, Million Units;
Revenue, USD Billion; 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
Russia
o
UK
o
Spain
o
Italy
·
Asia Pacific
o
China
o
Japan
o
South Korea
o
Australia
o
India
·
Central & South America
o
Brazil
·
Middle East and Africa
o
UAE
o
Saudi Arabia
Access Press Release of
Point of Use Water Treatment Systems Market@ www.grandviewresearch.com/press-release/global-point-of-use-water-treatment-systems-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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