ReportsnReports.com adds Global Residential Drinking Water Treatment Equipment Market 2016-2020 latest research report, the analysts forecast the global residential drinking water treatment equipment market to grow at a CAGR of 9.5% during the period 2016-2020.
The global residential drinking water treatment equipment market an analyst said water scarcity and strict regulations are the primary reasons that drive water treatment technologies. Developed countries such as the US, the UK, Germany, and Japan have been recycling water by treating it for reuse. However, the demand for potable water also increases due to the rate at which the reclaimed water is used up in APAC markets, particularly India.
Complete report on residential drinking water treatment equipment market spread across 58 pages, analyzing 5 major companies and providing 36 data exhibits is now available at http://www.reportsnreports.com/reports/524609-global-residential-drinking-water-treatment-equipment-market-2016-2020.html.
According to the residential drinking water treatment equipment market report, the quality of the drinking water in developing countries is not governed by regulations. In addition, lack of financial capital to implement water treatment solutions forces the local bodies to supply contaminated water. Hence, residential consumers opt for water treatment equipment to avoid health issues.
This report covers the present scenario and the growth prospects of the global residential drinking water treatment equipment market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market. The vendors included in the report are component manufacturers and suppliers.
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Segmentation by Application and Analysis of the Residential Drinking Water Treatment Equipment Market - Ion exchange, Filtration and Disinfection
The ion exchange segment dominates the residential drinking water treatment equipment market and is expected to grow at a CAGR of just over 10% by 2020. Some of the technologies used are ion exchanges, reverse osmosis and electro dialysis. The ion exchange process is very effective in removing contaminants like organic matter and heavy metals. Nearly 90% of radium, nitrates, selenium, cadmium, chromium, arsenic, barium, silver, and nitrates can be removed using the ion exchange process. Moreover, this is a suitable technology to remove radionuclides.
Geographical Segmentation of the Residential Drinking Water Treatment Equipment Market – Americas, APAC and EMEA
Currently, the Americas dominate the residential drinking water treatment equipment market and will remain leaders with a market share of about 43% by the end of 2020. Severe droughts and water shortages in states like California, Arizona and Texas are driving market demand for water treatment equipment.
The residential drinking water treatment equipment market is intensely competitive with major vendors like 3M and Culligan competing for market share on price, quality, and presence. There are a diverse number of local and international suppliers. These companies hold a dominant share of the market on the basis of brand equity, expertise, cost and prior experience. Due to rapid advances in technology, frequent changes in government water quality standards, and changing consumer preferences, equipment manufacturers can look forward to higher opportunities for growth and market share.
Key players in the global residential drinking water treatment equipment market: 3M, Culligan International Company, Ecowater Systems LLC, GE Appliances Inc., and Watts Water Technologies Inc.
Other Prominent Vendors in the market are: Brita, Duskin, Eureka Forbes, Kurita Water Industries, Pentair, Philips, Pure, and Residential Water Treatment Equipment Amway.
Further, the residential drinking water treatment equipment market report states that residential drinking water treatment equipment is often associated with high operational costs as they require a regular supply of electricity for heating, water pumps, and huge quantities of precipitation chemicals. Water treatment chemicals and products are crucial as they enable purification of water. However, these chemicals and raw materials are expensive.
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