Water Softeners Market Growth and CAGR Status: Applications Driving Trends

September 19, 2024 09:12 PM AEST | By EIN Presswire
 Water Softeners Market Growth and CAGR Status: Applications Driving Trends
Image source: EIN Presswire

Rapid urbanization has escalated the need for municipal water treatment to address the growing demand for drinking water and sanitation. WILMINGTON, DE, UNITED STATES, September 19, 2024 /EINPresswire.com/ -- A recent report by Allied Market Research, titled "Water Softeners Market by Type and End-use: Global Opportunity Analysis and Industry Forecast, 2018 - 2025," reveals that the global water softeners market was valued at $2,051.30 million in 2017 and is projected to reach $3,570.40 million by 2025. This represents a compound annual growth rate (CAGR) of 7.1% from 2018 to 2025.

Overview:

Water softeners are essential for treating water that contains high levels of calcium and magnesium, which cause hardness. This hardness can lead to scaly build-up on various surfaces, including dishes, pipes, and heating elements, as well as soap scum and clogged plumbing. By removing these hard minerals, water softeners help extend the lifespan of appliances and improve water quality.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/5135

Market Drivers:

- Urbanization and Increased Water Demand: Rapid urbanization has escalated the need for municipal water treatment to address the growing demand for drinking water and sanitation.
- Industrial and Population Growth: Increasing industrial activities and a rising global population are significant factors driving the demand for water softeners.
- Emerging Economies: Expanding markets in countries like India and Japan offer lucrative growth opportunities for water softener manufacturers.

Market Segmentation:

By Type:

Salt-Based Water Softeners: These are the most common, removing hard minerals through ion exchange. They held a significant market share in 2017.
Salt-Free Water Softeners: Less expensive and easier to maintain, these systems neutralize contaminants without using chemicals. They are gaining popularity due to their cost-effectiveness and low maintenance.

By End Use:

- Residential: Increasingly used in homes to prevent plumbing issues and appliance damage.
- Industrial: Employed in various industries to improve operational efficiency.
- Municipal: Utilized in municipal water treatment facilities to provide safe drinking water.

Regional Insights:

- North America: Dominates the market, driven by a strong industrial sector, high prevalence of water-borne diseases, and strict environmental regulations regarding clean water use and recycling. North America is expected to grow at a CAGR of 7.5% during the forecast period.
Europe, Asia-Pacific, and LAMEA: Other significant markets with varied growth rates influenced by regional water treatment needs and industrial activities.

Key Findings:

- Residential Segment Growth: Expected to grow at the highest CAGR during the forecast period.
- Market Share: In 2017, salt-based water softeners accounted for nearly two-thirds of the market, while the residential segment held a three-fifths share.
- Competitive Landscape: Market players are focusing on strategic initiatives such as agreements, acquisitions, collaborations, partnerships, and new product launches. Notable players include Culligan International, Kinetico UK Ltd, NuvoH2O, US Water System, and Ecowater System, with Ion Exchange (India) Limited recently enhancing its portfolio with a new high-purity water generation product for the pharmaceutical industry.

Conclusion:

The global water softeners market is set for substantial growth, driven by increasing water demand, industrial expansion, and emerging economies. Key players are actively engaging in strategic maneuvers to strengthen their market positions and meet the evolving needs of consumers and industries worldwide.

About Us:

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.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.