The Global Point-of-use water treatment systems market is presently valued at US $20.30 Billion and is anticipated to reach a value of US $123.33 Billion in 2030, growing at a CAGR of 25.3%.
Point Of Use Water Treatment Systems – Overview
Water filters that are put in a specific spot in your home, such as beneath your kitchen sink, are known as point-of-use water filter systems. Because it treats water from a linked faucet in a kitchen or bathroom, this type of filter is known as a “”point-of-use”” system.
Key market trends- Growth determinants and restraints
The Global point of use water treatment systems Market is developing at a faster pace with significant development rates throughout the most recent couple of years and is assessed that the market will fill fundamentally in the esteem period for example 2022 to 2030.
The market for point-of-use water treatment systems is expected to grow significantly in the coming years as a result of rising demand for clean drinking water, rising water contamination, rising human population, growing awareness of the benefits of water treatment, and technological advancements in the water treatment industry.
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When pollutants are dumped into the water, either directly or indirectly, without proper treatment to remove hazardous substances, water pollution occurs. Microbial infections, nutrients, heavy metals, and persistent organic matter, as well as suspended sediments, pesticides, and oxygen-consuming compounds, are the most common water pollutants caused by human activities. Heat can be a contaminant since it elevates the temperature of the water. Pollutants are the most common cause of significant water quality degradation.
Segmentation Analysis of Global point of use water treatment systems market
Based on product type
- Under the counter filters
- Counter top filters
- Pitcher filters
- Faucet mounted filters
- Others
Based on category
- RO Filters
- UV Filters
- Gravity filters
- Others
Based on application
- Residential
- Light commercial
Asia-Pacific is expected to hold the largest market share
North America, Europe, Latin America, Asia Pacific, and Middle East and Africa are the major regions constituting the geographical landscape of Global point of use water treatment systems market. Asia-Pacific dominates the market with the largest market share among others.
Competitive Landscape
The Key players in the Global point of use water treatment systems market are A. O. Smith Corp., LG Electronics Inc., Pentair PLC, Panasonic Corp., Honeywell International INC., Brita, LP., Culligan International, Eureka Forbes Ltd., KENT RO Systems Ltd., the Unilever Group, Infogain Corp., and Tata Chemicals Ltd.
Major development
The Global point of use water treatment systems market is anticipated to increase at a fundamental rate during the figure time period, somewhere in the range of 2022 to 2030. In 2020, the market was developing at a consistent rate and with the growing reception of systems by key players, the market is supposed to ascend over the projected skyline.
Major questions answered in this report
- What is the growth rate of the Global point of use water treatment systems Market?
- What are the primary growth determinants of the Global point of use water treatment systems market?
- Which are the major regions constituting the geographical landscape of Global point of use water treatment systems Market?
- Which are the prominent companies operating in Global point of use water treatment systems Market?
Key Takeaways from The Report-
- The Global point of use water treatment systems market to register a growing CAGR of over 25.3% from 2022 to 2030.
- Asia-Pacific is expected to lead the market with the highest market share.
- The market for point-of-use water treatment systems is expected to grow significantly in the coming years as a result of rising demand for clean drinking water, rising water contamination, rising human population, growing awareness of the benefits of water treatment, and technological advancements in the water treatment industry.
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Scope of the report:
Global Point-of-use Water Treatment Systems Market: Historical Year- 2018-2022
Global Point-of-use Water Treatment Systems Market: Forecast Years- 2022-2030
Global Point-of-use Water Treatment Systems Market USD value in 2022- $20.30 Billion
Global Point-of-use Water Treatment Systems Market USD value in 2030- $123.33 Billion
Global Point-of-use Water Treatment Systems Market CAGR- 25.3%
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