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Point of Use Water Treatment Systems Market Statistics, Overview,Opportunities and Global Forecast to 2028

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sherya jadhav
Point of Use Water Treatment Systems Market Statistics, Overview,Opportunities and Global Forecast to 2028

Continuous research and development for innovative and more efficient systems, launch of new, improved products and technological advancements along with rising awareness about clean drinking water are the main reasons contributing to the CAGR.

According to the current analysis of Reports and Data, the global Point of Use Water Treatment Systems Market was valued at USD 14.92 Billion in 2020 and is expected to reach USD 29.64 Billion by year 2028, at a CAGR of 10.5%. Water treatment is any process that improves the quality of water to make it more acceptable for a specific end-use. Water treatment systems are systems that improve the quality of water. Broadly speaking, water treatment systems are of two types namely, point of entry and point of use. A point-of-entry water treatment system is installed directly at the point where the water enters the home. Therefore, they are also called whole house water-treatment systems. This system is placed where the main line of water enters. A point-of-use water treatment system, on the other hand, is a filter that attaches directly to any of the water sources. The device can deliver high-quality, great-tasting water by removing impurities such as nitrates and lime scale. There are a couple of different kinds of water filters. For instance, if one lives, either, in an apartment or a condo, a point of use water system is considered be the easiest to install. Unlike point of entry water treatments, point of use water treatment systems treat water right before it reaches the single tap. Increasing water pollution and the rising awareness about clean drinking water have been the major driving factors of this market. Increasing water contamination, technological advancements and rising awareness about clean water are the major driving factors. Several studies show that the water from point of use systems is better than refrigerated water. Rising awareness of this fact also acts as a driving factor.

Market Insights:

The energy sector or industry comprises players involved in production and exploration of oil or gas reserves, oil and gas drilling, and refining. The energy industry also covers integrated power utility companies such as renewable energy and coal. Companies in the energy industry are classified based on how the energy is sourced such as non-renewables or fossil fuels and renewables such as solar.

The energy sector is an important driver of industrial growth, providing fuel to power the rest of the economy. The demand for energy will increase significantly in the coming years, driven by economic growth, urbanisation, rising incomes and industrial activity. Increasing emphasis of governments across the globe increasing emphasis on renewable energy, including grid-connected and off-grid systems is expected to stimulate market growth during the forecast period.  

Top companies profiled in the report include: 

Pentair, Honeywell, A.O. Smith, Culligan International, Unilever, Panasonic, Toray Industries, Brita and Best Water Technology (BWT) AG

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Competitive Landscape:

The report provides an extensive assessment of the prominent companies operating in the materials and chemical industry to offer better insights into competition scenario on a regional and global level.

Rise in competition in the global market has led to increasing innovation and technological advancement in the materials and chemical sector to meet the rising demand of environmentally conscious consumers. Industry players in the Point of Use Water Treatment Systems market are adopting the strategy of forward integration to cater increasing product demand, while adapting to the sustainability trends and to expand their in the global market.

To know more about the report @ https://www.reportsanddata.com/report-detail/point-of-use-water-treatment-systems-market

Global Point of Use Water Treatment Systems Market Segmentation:

Device Type (Revenue, USD Million; 2020–2028)

  • Faucet
  • Table-top
  • Under the sink
  • Pitchers
  • Others

Application (Revenue, USD Million; 2020–2028)

  • Reverse Osmosis
  • Carbon Filtration
  • Distillation
  • Ultrafiltration
  • Disinfection

Regional Analysis covers:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • UK
    • Rest of EU
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA

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Thank you for reading our report. To gain more info on market or customization of the report, contact Reports and Data for an Analyst Brief. Our Report offer valuable and actionable insights to industries to help clients achieve business goals.

Further key findings from the report suggest

  • The continuous research and development, leading to launch of innovative designs, enhanced capacities and additional features attract a large chunk of population towards this market
  • Asia Pacific is the most attractive and the fastest growing region with a CAGR of 11.5% due to the rapidly growing socio-economic development in the region. China has a large number of local manufacturers and suppliers. Owing to the rising awareness, availability of abundant labor and resources, several developing countries of this region are engaging themselves in this market
  • The versatile nature of application, of the point of use water system, in several sectors from residential to education institutions, has led to a larger scope for the market. A large group of the population can be targeted by this market
  • The faucet-mounted segment acquired the largest share in the point-of-use water treatment systems market in 2020, in terms of value, and is projected to grow at the second-highest CAGR during the forecast period, due to relatively cheaper costs and ease of installation

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