Government Efforts to Distribute Potable Water Crucial for Water Treatment Systems Industry, says TMR

According to a new report from Transparency Market Research, the demand for water treatment systems is growing primarily due to the increasing global population, which leads to consistent demand for water, and the expanding global industrial sector, which also requires large volumes of water for various essential operations. The report, titled ‘Water Treatment Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024,’ presents a detailed elaboration on the historical development of the global water treatment systems market. This offers a solid foundation for reliable forecasts about the market’s development forecasts in the coming years.

Water treatment systems can function on various principles, with filtration, reverse osmosis, electrolysis, disinfection, and water softening being some of the commonly used water treatment methods. Water treatment is made necessary by the abundant presence of harmful microbes in naturally occurring water, which renders it unpotable. The high mineral content of naturally occurring hard water also renders the water unusable for industrial purposes. As a result, the demand for various types of water treatment systems has grown rapidly in the last few years.

The growing demand for potable water for the ever-rising global population is the prime driver for the global water treatment systems market, illustrated by the government efforts observed across the world to enable easy access to clean drinking water for their population. In many emerging countries, water scarcity is becoming a major issue. Even prosperous countries such as the U.S. are not immune to the risks of water scarcity and water contamination, with the drought in California and water contamination controversy in Flint, Michigan, bringing the matters to a head in 2016. As a result, the growing awareness about water scarcity is likely to remain a key driver for the water treatment systems market in the coming years.

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The consistent economic development in emerging regions has also driven the demand for water treatment systems. Both agriculture and industry have made significant gains in countries such as China, India, and Brazil in recent years, leading to a growing demand for water.

The steady urbanization observed in the developing world has also led to a significant demand for residential water treatment units. The growing urban middle class is thus likely to remain a key consumer demographic for the global water treatment systems market in the coming years.

Geographically, the increasingly stringent government regulations supporting and even mandating the use of water treatment systems in North America and Europe have led to these two emerging as the leading contributors to the global market in the coming years. On the other hand, the booming demand in Asia Pacific, aided in no small part by government efforts to raise awareness about water treatment systems and incentivize indigenous production of the same, is likely to be the conspicuous feature of the global water treatment systems market in the coming years.

Key players in the global water treatment systems market include Honeywell International, Danaher Corporation, 3M Company, The Dow Chemical Company, and Pentair plc. The report provides comprehensive competitive profiles of the leading manufacturers of water treatment systems in order to aid readers in making informed decisions.

Global Water Treatment Systems Market to Gain Impetus from Rising Concerns Regarding Depleting Water Sources and Water Pollution

The global market for water treatment, a technologically dynamic and highly promising market, is the focus of analysis of a market research report by Transparency Market Research. The report gives a thorough overview of the market and the major factors that will influence its growth prospects over the next few years. It is titled “Water Treatment Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

Water scarcity is considered to be one of the most pressing global concerns ahead of the mankind presently. Depleting fresh-water resources, climate changes, irregular rains, and the issue of global warming are collectively having an adverse impact on the world’s usable water resources. The concerns are worsened due to the mounting global population, rising water pollutions, and the increased demand for clean water across the flourishing industrial segment. All these factors have made the availability and use of a number of water treatment modalities a paramount necessity across municipalities and industrial setups.

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However, the high installation and maintenance costs of water treatment systems are expected to restrict the overall growth of the market to a certain extent over the forecast period. The rising scarcity of clean water sources in developing and underdeveloped regions is projected to emerge as a major growth opportunity for the global water treatment market.

The report on the global water treatment market highlights the present state of the market, the key technologies at work, and presents an overview of technological and product advancements observed over the past few years. Some of the key water treatment technologies presently being used across the globe are electrolysis, reverse osmosis, disinfection, water softening, filtration, adsorption, and distillation. Of these, filtration is currently the most widely used water treatment technology, however, reverse osmosis is gaining in popularity owing to its high level of effectiveness.

Of the key end-use segments of water treatment systems, including residential, commercial, and industrial, the residential segment is expected to be a major contributor to the overall water treatment market over the report’s forecast period. Leading segments such as commercial and industrial sectors are expected to exhibit steady growth.

From a geographical perspective, the global water treatment market has witnessed excellent traction in developed regions such as North America and Europe. Demand witnessed in developed regions is mainly derived from the implementation of stringent regulations pertaining to water treatment and highly aware consumer. However, the market is expected to grow at a phenomenal rate across Asia Pacific over the forecast period, owing to rapid industrialization and the rampant issue of water pollution.

Some of the major vendors in the global water treatment market are 3M Company, Danaher Corporation, Honeywell International, Pentair plc, and the Dow Chemical Company.