ALBANY, New York, May 16, 2017 /PRNewswire/ --
Transparency Market Research (TMR) observes that global water purifier market is extremely fragmented. The competition in the overall market is expected to intensify in the coming years as new players are constantly try to find their way in. The market also faces a major threat from companies offering bottled water, which is a perfect substitute to water purifying technologies. Some of the leading players in the global market are Tata Chemicals Ltd., Pentair Residential Filtration, LLC (EVERPURE), Eureka Forbes, and Kent RO Systems Ltd among others.
Asia Pacific Estimated to Lead the Global Water Purifier Market
According to the research report, the global water purifier market was worth US$49.49 bn in 2015 and is expected to reach a valuation of US$106.45 bn by the end of 2025. During the forecast years of 2017 and 2025, the global market is likely to progress at a CAGR of 8.1%. Out of all the technologies, the RO purifier technology is projected to lead the global market over the forecast years. By the end of 2025, the RO purifier segment is expected to reach a valuation of US$48.61 bn. Geographically, Asia Pacific is slated to lead the global market as it is expected to rise at a CAGR of 11.5% between 2017 and 2025.
Scarcity of Clean Water Pushes Civic Bodies to Adopt Water Purifiers
United Nations stated that there were over 3.5 billion people living in the urban areas across the globe. With the number slated to rise over the years, the problems related to water are only likely to worsen. An obvious fallout of urbanization is rising water pollution and scarcity of potable water, thereby causing a major depletion in the utility of available water. In light of these events, governments, civic bodies, and public institutions are working towards designing and developing water purifying techniques to cater to the ever-growing needs of the urban and rural population pertaining to water.
Get PDF Sample for this Research Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23927
The exacerbating factors such as dumping of industrial waste in rivers and letting out waste directly into water bodies has significantly reduced the availability of clean water. Concerns about contaminants, chemicals, and other byproducts has tremendously raised the demand for water purifier technologies. The lack of fresh water resources and depleting ground water reserves have played an instrumental role in defining the skyrocketing success of the global water purifier market. Aging water infrastructure such as corroding pipes can lead to poisoning. Thus, the outdated water infrastructure in cities has prompted the uptake of water purifiers at commercial levels as well. Additionally, the need for water reuse and emerging trend of recycling in water intensive industries has also bolstered the growth of the global market. Industries that use non-potable water such as paper mills and carpet dryers, construction activities, and concrete mixing among others are expected to resort to recycling of water.
Lack of Awareness about Consumption of Unsafe Water acts as an Impediment
On the flip side, the global water purifier market faces some tough challenges. For instance, the lack of awareness in rural areas about hygiene and sanitation have become a tough challenge for the global market. The problem is further complicated due to the poor knowledge about health risks associated with consumption of unsafe water. Availability of unsafe water purification methods has become a hurdle for water purifier technologies to penetrate the rural market.
Get more information from Research Report Press Release: http://www.transparencymarketresearch.com/pressrelease/water-purifier-market-2017-2025.htm
This review is based on Transparency Market Research's report, titled "Water Purifier Market (Technology - Gravity Purifiers, RO Purifiers, UV Purifiers, Sediment Filters, Water Softener, Others; End User - Industrial, Commercial, Household; Accessories - Pitcher Filter, Under Sink Filter, Shower Filter, Faucet Mount, and Water Dispenser) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 - 2025."
The global water purifier market is segmented as below:
Global Water Purifier Market, By Technology
- Gravity Purifier
- RO Purifier
- UV Purifier
- Sediment Filter
- Water Softener
Global Water Purifier Market, By Accessories
- Pitcher Filter
- Under Sink Filter
- Shower Filter
- Faucet Mount
- Water Dispenser
Global Water Purifier Market, By End-User
Global Water Purifier Market, By Geography
- North America
- The U.S.
- Rest of North America
- The U.K.
- Rest of Europe
- Asia Pacific
- Rest of APAC
- Middle East and Africa
- Saudi Arabia
- Rest of MEA
- South America
- Rest of South America
Top Most Research Reports by TMR:
- Aerial Imaging Market : http://www.transparencymarketresearch.com/aerial-imagery-market.html
- Electric Vehicle Charging Station Market : http://www.transparencymarketresearch.com/electric-vehicle-charging-station-market.html
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR's syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact:
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
SOURCE Transparency Market Research