Water Softening System Market to Showcase High Growth; to cross USD 13.7 BN Mark by 2026
Posted On December 15, 2020
During the period of 2020-2026 it is expected that the Global Water Softening System Market will showcase a CAGR of 6.50%. The market is foreseen to reach USD 13.7 BN by 2026 while it was valued at USD 8.8 BN in 2019 as stated in a the published market study by Value Market Research. A Water softening system offers a water purification solution for hard water and limescale removal. The key driving force for this market's growth is the increasing awareness about the importance of clean water and its effects on human health. The use of pure water across commercial, healthcare, and industrial sectors will bolster water softening systems' sales. The rapid development of smart cities and emerging government policies to install water softening systems in new construction projects will propel this market's growth. Innovations in water treatment techniques and the emergence of automation will benefit the development of this market. The presence of alternative water treatment technologies and lack of awareness will hamper market growth.
A water softening system is a filtration system that removes hardness-causing calcium, magnesium, and certain other metal cations from water. It consists of three main components: a control valve, a mineral tank, and a brine tank. All these parts work in conjunction to remove the undesirable minerals from hard water while monitoring the flow of water and periodically cleaning the system through a regeneration process. This system prevents premature ruining of water heaters, scaly faucet heads, and hours of cleaning up soapy residue. Water softening systems are straightforward to install/ maintain in the long run, and investing in one can save time, energy, and money and protects the property it is installed in.
The initial sections of the report "Global Water Softening System Market Report By Type (Salt Based Water Softening System And Salt-Free Water Softening System), By Application (Residential, Commercial And Industrial) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" starts with the introduction, a crisp market summary followed by detailed revenue analysis as per segments and regions. The market drivers responsible for pushing the market growth are discussed in length in the report. The water softening system market opportunities are useful to identify the profit canters and take the strategic decision accordingly.
On the basis of type the market is segmented into Salt Based Water Softening System, Salt-Free Water Softening System. By application the water softening system market is categorised as Residential, Commercial, Industrial. The other regions studied in the report are North America, Europe, Latin America and Middle East & Africa. The regional spread of all the segments and sub segments are detailed in the report.
The Report Segments Global Water Softening System Market -
- Salt Based Water Softening System
- Salt-Free Water Softening System
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
BWT, Canature Environmental Products, Culligan International, EcoWater Systems, General Electric, Harvey Water Softeners, Kinetico, Marlo and Pelican Water Systems among others.
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