Residential Water Treatment Devices Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026
Sarasota, FL -- (SBWIRE) -- 10/12/2018 -- Global Residential Water Treatment Devices Market: Overview
Residential water treatment devices remove unwanted substances, such as harmful gases, chemicals, biological contaminants, and suspended solids from water, and make it safe for drinking. The global market for residential water treatment devices has been witnessing a steady growth due to the various benefits these devices offer.
Global Residential Water Treatment Devices Market: Growth Factors
The major growth drivers in the global residential water treatment devices market are the increasing health awareness among people and the rise in the demand for safer and purer drinking water across the world. With growing industrialization and increase in the volume of chemical generated, the number of polluted water bodies is also rising. This fuels the growth of this market globally owing to increased demand for clean water. Dissolved lead has been found in various water bodies across different regions in the world. This has increased the health concerns of the population of these regions, which, in turn, is expected to drive the residential water treatment devices market's growth.
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Global Residential Water Treatment Devices Market: Segmentation
The global market for residential water treatment devices can be fragmented based on application, device type, and technology. Based on application, the market for residential water treatment devices can be categorized into the point of entry and point of use. Based on device type, this market is classified into tabletop pitchers, faucet filters, under the sink filters, and countertop units, among others. Based on technology, this market can be categorized into microfiltration, membrane filtration, nanofiltration, ultrafiltration, ultraviolet (UV), distillation systems, reverse osmosis (RO), water softeners, and shower filters.
Global Residential Water Treatment Devices Market: Regional Analysis
Based on regions, the global residential water treatment devices market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The North American region is anticipated to show good growth in the global residential water treatment devices market in the upcoming years, due to the rising demand for safe drinking water and increasing health consciousness in this region. The European region is expected to hold a substantial market share in the global residential water treatment devices market, owing to health problems associated with dissolved lead found in the water pipes. In the Latin American region, the increasing use of pesticides and growing industrialization have contaminated the various water bodies. This has made the population in this region concerned about their drinking water supply. Thus, the Latin American region is also expected to show a steady growth in this market. The Asia Pacific region is expected to emerge as the fastest growing market for residential water treatment devices, due to its growing population and its increasing demand for clean drinking water.
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Global Residential Water Treatment Devices Market: Competitive Players
The key market players of the global residential water treatment devices market include Eureka Forbes, Europa Group, Kent RO Systems, The Dow Chemical Company, Panasonic Corp., Best Water Technology, Culligan International, Calgon Carbon Corp., Watts Water Technologies, Danaher Corp., Honeywell International, LG Electronics, Unilever, Smith Corp., Britannic Water Treatment Company, Pure It, Coolplex Pure Water System, Aqua Pro UAE, UltraTec Water Treatment, Mazuma Thailand Co., Mitsubishi Rayon Cleansui, Whirlpool, and Ceramica Stefani S.A., among several others.
Global Residential Water Treatment Devices Market: Regional Segment Analysis
The Asia Pacific
The Middle East and Africa
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