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Surge in Incidence of Waterborne Diseases Expected to Drive World Water-Filtration Unit Market over the Forecast Period: Ken Research

Press release   •   Aug 23, 2019 18:22 IST

A water filtration unit is a unit or machine designed to remove impurities & chemicals from water. Water filtration units operate differently, but each has a common purpose: to purify water. There are many different types & sizes of water filtration unit for instance industrial water filtration unit, home water filtration unit. An industrial water filtration unit designed to remove heavy metals & chemicals while home water filtration unit removes contaminants from all water through a filter connected to water line. The key benefits are included extended life of water, healthier skin & hair (free of contaminants), softened water with spotless glasses & scale free showers, clean & filtered water, softer or brighter & longer lasting clothing and healthier showers & baths.

According to study, “World Water-Filtration Unit Market Research Report 2024(Covering North America, Europe, APAC others(excluding SEA and East Asia), East Asia and South East Asia)” the key companies operating in the world water-filtration unit market are GE Water & Process Technologies Inc., Pentair, 3M Purification, Inc, DOW, Eaton, SIEMENS, A.O. Smith Corp. (Aquasana Inc.), Best Water Technology, SUEZ Degremont, Culligan Water, Halo Source Inc., BRITA, Doosan Hydro Technology, Amway Corp., Ecowater Systems, Honeywell, Veolia Water Technologies, Eureka Forbes Limited, Severn Trent Water,Tata Chemicals Ltd., Biwater, Kinetico, Midea, Xylem, Kent Ro System Ltd., PENGUIN, WATTS, Resintech, MULTIPURE, Amiad Corp., Katadyn, Austrian Andean, Omnipure Filter Company.

Based on product type, water-filtration unit market is segmented into media filter, activated carbon filter, bag & cartridge filter, sediment filter and others. Based on sales channel, market is segmented into distribution channel and direct channel. Based on technology, market is segmented into Reverse Osmosis (RO) based, Ultraviolet (UV) based and gravity-based. RO water purification systems holds major share in the market due to their low electricity consumption, performance efficiency and regular technological innovation. Based on portability, market is segmented into portable and non-portable water filtration unit. The non-portable segment is leading sector due to increase in adoption among hospitals and households & corporate offices. In addition, based on application, market is segmented into commercial, household and municipal.

The water-filtration unit market is driven by surge in incidence of waterborne diseases, followed by development of the food and beverage industry, change in lifestyle & increase in disposable income, rise in the number of offices, restaurants, schools, & hotels, large scale investments in research & development (R&D) and upsurge in concerns toward health. However, increase in demand for substitutes may impact the market. Moreover, rise in demand in emerging economies is a key opportunity for market.

Based on geography, North-American region holds major share in water-filtration unit market owing to increase in product penetration in the region. European and Asian-Pacific regions are expected to witness higher growth rate due to rapid urbanization, increase in number of players and rise in water pollution over the forecast period. It is anticipated that future of the market will be bright caused by increase in product demand as a result of higher concentration of impurities present in untreated water. It is also anticipated that the market will be reached at US $9780 million by 2024, at a CAGR of 3.4%.

For more information on the research report, refer to below link:-

Global Water Filtration Unit Market

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