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Point-of-Use Water Treatment Systems Market worth $21.9 billion by 2023


(, July 25, 2020 ) The report "Point-of-Use Water Treatment Systems Market by Device (Tabletop, Faucet-mounted, Countertop, Under-the-sink) Technology (RO, Ultrafiltration, Distillation, Disinfection, Filtration), Application (Residential & Non-Residential), & Region - Forecast to 2023", is projected to grow from USD 14.4 billion in 2018 to USD 21.9 billion by 2023, at a CAGR of 8.80%. Factors such as increasing water contamination, growing awareness about the benefits of clean drinking water, and increasing construction activities drive the point-of-use water treatment systems market.

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The counter-top units segment is projected to dominate the global point-of-use water treatment systems market through 2023

The counter-top units segment acquired the largest share in the point-of-use water treatment systems market in 2018, in terms of value, and is projected to grow at the highest CAGR during the forecast period. These systems are convenient to use, have easy maintenance, and they last for a longer duration, owing to the bigger size of filters as compared to those of pitchers and faucet-mounted filters. Faucet-mounted filters segment is projected to register the second-highest CAGR during the forecast period as these devices are inexpensive and has easy installation.

The ion exchange segment is projected to grow at the highest CAGR in the point-of-use water treatment systems market during the forecast period

The ion exchange segment is projected to grow at the highest CAGR in the point-of-use water treatment systems market from 2018 to 2023. These systems helps in reducing the hardness of water and demineralizing it. Moreover, these are also helpful in lead removal from contaminated water. The ultrafiltration systems segment is projected to grow at the second-highest CAGR during the forecast period, due to their easy maintenance, better durability, along with simple, clean, and chemical free filtration process for water purification.

Don't miss out on business opportunities in Point-of-Use Water Treatment Systems Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "Point-of-Use Water Treatment Systems Market”
94 - Market Data Tables
30 - Figures
128 - Pages

The Asia Pacific is projected to hold the largest share in the point-of-use water treatment systems market during the forecast period

The Asia Pacific is the most attractive market for point-of-use water treatment systems due to the rapid socio-economic development in the region. The growth of this region is supplemented by the growing concerns related to contaminated water and the rise in awareness about various water filtration technologies in developing economies such as India and China.

Key players operating in the point-of-use water treatment systems market include Honeywell International (US), Pentair (UK), Panasonic Corporation (Japan), Unilever (UK), LG Electronics (South Korea), Coway (South Korea), BWT (Austria), Toray Industries (Japan), BRITA Group(Germany and US), and Alticor (US). These players have adopted various growth strategies to expand their global presence and increase their market share.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Aashish Mehra


Source: EmailWire.Com

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