Residential Water Treatment Equipment Market Global Market Opportunity Assessment Study 2020.

Increasing industrial and environmental pollution around the world is increasing the need for water treatment. Water pollution due to increasing industrialization and environment pollution is leading to death and spread of diseases. It also adversely affects more than 1 billion of population every day in the developing nations across the globe. Presently, all the major sources of drinking water - including lakes, rivers, wells, municipal water systems, and even glaciers - are polluted to some levels. This contaminations cause severe illness including cancer, liver damage, and other serious ailments. Water treatment is, collectively, industrial process which makes water more usable for various purposes such as medicine, industry, and drinking. This process removes the existing water contaminants or reduces their level so that the water becomes fit for its desired end-use. The contaminated water can be treated by physical, chemical, or biological wastewater treatment.

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Increasing concerns about the severe diseases, negative environment impacts, and health risks are anticipated to be the primary drivers of growth in the water treatment market. Additionally, stringent manufacturing requirements for processed water will foster additional growth in the global water treatment market. Water treatment equipments are used to remove impurities found in municipal drinking water, ground water, wastewater, and sea water. The need for water treatment equipment is also driven by the increasing requirement for water across the globe, especially in emerging countries such as Brazil, China, India, Russia, and South Africa. Increasing population around the world is expected to increase the requirement of infrastructure to accommodate this increase. This will substantially increase the need for drinking water. Water scarcity in several countries across the Asia Pacific, Middle East and Africa, and some countries of Central and South America is expected to drive the need for water treatment equipment.

The global residential water treatment equipment market can be segmented based on the product type, equipments, and geography. On the basis of product type, the global residential water treatment equipment market can be segmented into point-of-use (POU) and point-of-entry (POE). The POU/POE systems consists of several equipments such as disinfection units and filters, which when assembled together treats the water to required standards. These systems can be used for small water systems, and chronic water contaminants. On the basis of equipments, the global residential water treatment equipment can be segmented into membrane equipment, filtration equipments, disinfection equipments, and thermal distillation equipments and evaporators. Increasing regulatory requirement and several POU or POE treatment strategy adopted at country level, especially the U.S. are expected to provide a major boost to the growth in the market. The Safe Drinking Water Act (SDWA) was established in 1974 to protect the quality of drinking water in the U.S. SDWA also regulates the design, management, and operation of POE and POU equipments used in compliance with maximum containment level.

Increasing regulatory standards for process and supply water are likely to play major role in the market growth. Greater consumer interest in the water reuse is also expected to be key driver of growth in the global membrane equipment market. Stringent regulatory norms for limiting the level of disinfection byproducts in the drinking water is anticipated to be propel demand for disinfection equipments. The demand for disinfection equipments is likely to grow the most in the Western European, North American, and other developed regions. The market for filtration equipment is relatively mature and will grow at the moderate rates in the near future.

Some of the key players in the global residential water treatment equipment market include 3M, Amway Corp., Culligan International Company, GE Corporation, and Pentair plc.