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The Point-of-Use Water Treatment Systems Market is Projected to Grow from $19.9 Billion in 2018 to $32.7 Billion by 2023, at a CAGR of 10.41% - ResearchAndMarkets.com

May 21, 2019

DUBLIN--(BUSINESS WIRE)--May 21, 2019--

The “Point-of-Use Water Treatment Systems Market by Device (Tabletop Pitcher, Faucet-Mounted, Countertop, Under-the-sink), Technology (Reverse Osmosis, Distillation, Disinfection, Filtration), Application (Residential, Non-Residential) - Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The global point-of-use water treatment systems market is projected to reach USD 32.67 billion by 2023, at a CAGR of 10.41% from 2018. The point-of-use water treatment systems market has been growing owing to the increasing demand for clean drinking water, growing awareness about the benefits of water treatment, and technological innovations in the water treatment industry.

The market in the Asia Pacific region is projected to dominate the global point-of-use water treatment market for the period between 2018 and 2023. This is mainly due to an increase in awareness about the benefits of water treatment in developing nations. Additionally, an increase in water contamination and the shortage of clean drinking water supply have led to an increase in the demand for point-of-use water treatment systems.

The segmentation considered for this report is based on device, technology, application, and region. Based on device, the point-of-use water treatment systems market is categorized into tabletop pitchers, faucet-mounted filters, countertop units, under-the-sink filters and others (flow-through units, replacement filters and water coolers). The market has been segmented on the basis of technology into reverse osmosis systems, ultrafiltration systems, distillation systems, ion exchange, disinfection methods which include chlorination, UV radiation, and ozonation; filtration methods which consist of activated carbon filters, mechanical filters, bio-sand filters, and others (nanofiltration, microfiltration, and electrolysis). These advanced techniques aid in removing concentrated salts, bacteria, pathogens, and solid impurities from drinking water.

The global market for point-of-use water treatment systems is dominated by key players such as 3M (US), Honeywell International Inc. (US), Pentair PLC (UK), and Panasonic Corporation (Japan). Other players in this market include Unilever PLC (UK), LG Electronics Inc. (South Korea), Coway Co Ltd. (South Korea), BWT AG (Austria), and Alticor Inc. (US). Intense competition in the market has led to the adoption of strategies such as new product launches, mergers & acquisitions, and partnerships & expansions by market players to retain their market share.

Market Dynamics

Drivers

  • Increase in Water Contamination
  • Greater Awareness About the Benefits of Water Treatment
  • Technological Innovations

Restraints

  • High Installation, Equipment and Operation Costs

Opportunities

  • Scarcity of Clean Water in Developing and Under-Developed Countries
  • Few Replacement Choices

Challenges

  • Aging Infrastructure
  • Competition With the Bottled Water Industry

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Point-Of-Use Water Treatment Systems Market
4.2 Point-Of-Use Water Treatment Systems Market, By Device
4.3 Point-Of-Use Water Treatment Systems Market, By Technology
4.4 Point-Of-Use Water Treatment Systems Market, By Application
4.5 Asia Pacific: Point-Of-Use Water Treatment Systems Market, By Device & Country
4.6 Point-Of-Use Water Treatment Systems Market: Key Countries

5 Market Overview
5.1 Introduction
5.2 Market Dynamics

6 Point-Of-Use Water Treatment Systems Market, By Device
6.1 Introduction
6.2 Faucet-Mounted Filters
6.3 Tabletop Pitchers
6.4 Countertop Units
6.5 Under-The-Sink Filters
6.6 Others

7 Point-Of-Use Water Treatment Systems Market, By Technology
7.1 Introduction
7.2 Reverse Osmosis Systems
7.3 Distillation Systems
7.4 Ultrafiltration Systems
7.5 Disinfection Methods
7.6 Filtration Methods
7.7 Ion Exchange
7.8 Others

8 Point-Of-Use Water Treatment Systems Market, By Application
8.1 Introduction
8.2 Residential
8.3 Non-Residential

9 Point-Of-Use Water Treatment Systems Market, By Region
9.1 Introduction
9.2 Asia Pacific
9.3 North America
9.4 Europe
9.5 Middle East & Africa
9.6 South America

10 Competitive Landscape
10.1 Overview
10.2 Competitive Leadership Mapping
10.3 Market Ranking
10.4 Competitive Scenario

11 Company Profiles
11.1 Honeywell International
11.2 Pentair
11.3 Panasonic Corporation
11.4 Unilever
11.5 LG Electronics
11.6 Coway
11.7 Best Water Technology (BWT)
11.8 Toray Industries
11.9 Alticor
11.10 Brita Group
11.11 Other Players
11.11.1 3M
11.11.2 Tata Chemicals
11.11.3 Kent Ro
11.11.4 Whirlpool Corporation
11.11.5 Eureka Forbes
11.11.6 Culligan International
11.11.7 Instapure Brands
11.11.8 Helen of Troy Limited
11.11.9 GE Appliances
11.11.10 Dowdupont
11.11.11 A.O. Smith Corporation
11.11.12 Kinetico
11.11.13 Ecowater Systems
11.11.14 Westaqua-Distribution Ou
11.11.15 New Wave Enviro

For more information about this report visit https://www.researchandmarkets.com/r/22qgwy

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Related Topics:Water Treatment

KEYWORD: UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: NATURAL RESOURCES OTHER NATURAL RESOURCES

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/21/2019 06:20 AM/DISC: 05/21/2019 06:20 AM

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