Health & Safety Industry Today
Water Softening Systems Market Industry Growth, Top Key Players and Recent Trends by Forecast to 2031
According to a new report published by Allied Market Research, titled, “Water Softening Systems Market," The water softening systems market size was valued at $2.6 billion in 2021, and is estimated to reach $4.6 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.
Toxins, bacteria, chemicals, toxic fumes, hard water, and suspended solids are removed from water using a water softener. They lower the concentration of particulate matter in water and lessen the risk of contracting waterborne infections, making the water suitable for both residential and non-residential use. Increase in supplies of drinkable water and increase in urbanization and industrialization fuel the global need for these purifiers.
In addition, rise in consumer awareness regarding importance of consuming safe water has a beneficial impact on water purifier sales across the globe. The most popular form of water softening systems used is the salt-based ion exchanger. These softeners can remove calcium and magnesium ions from hard water by replacing calcium and magnesium ions with sodium ions. Ion exchange happens within resin tanks of salt-based water softeners, lowering mineral count and increasing salt content of the water.
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In terms of region, Europe has accounted major water softening systems market share in 2021. This is attributed to high demand for salt-based ion exchange softeners and salt-free water softeners across many countries. However, Asia-Pacific is expected to increase with high CAGR during the forecast period. This is attributed to increase in R&D investments in developing countries and rise in government investments in automation and smart solutions must be implemented on a large scale to bring energy efficiency, accelerate automation, reduce costs, and create a comfortable occupant experience in residential buildings.
Furthermore, water softening systems have greater efficiency of water treatment then other systems, resulting in increased demand for these systems. This is expected to boost demand for water softening systems in Asia-Pacific in the water softening systems market forecast.
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The salt-based ion exchanged softeners segment registered highest revenue in 2021, owing to wide application in healthcare, construction, and logistics, and is expected to increase with highest CAGR, owing to surge in adoption for residential and non-residential purposes.
Top Players:
Dwater Limited, Culligan International, atlas filtri s.r.l, Harvey Water Softeners, Kinetico, Monarch Water Ltd, BWT AG, EcoWater Systems, Marlo, Envicare Technologies Pvt. Ltd.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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