Water Softener Market to Grow at 6.98% CAGR Driven by RO Membrane to 2020
PUNE, India, May 23, 2016 /PRNewswire/ --
A key growth driver for water softener market is the purchases made by consumers to complement RO water purification units. Analysts predict the global RO water purifier market to grow at a CAGR of close to 18% during the forecast period. A water softener and an RO water purifier are an effective combination. While the water softener gives soft water for the entire home, RO water purifier enhances the quality of drinking water by removing most impurities including hydrocarbons, cadmium, pesticides, and other.
Complete report on water softener market spread across 64 pages, analyzing 5 major companies and providing 44 data exhibits now available at http://www.reportsnreports.com/reports/543838-global-water-softener-market-2016-2020.html
The analysts forecast global water softener market to grow at a CAGR of 6.98% during the period 2016-2020. One trend sweeping the water softener market is connectivity-enabled innovations. Home automation is a trend in the home appliances market. The widespread availability of wireless and mobile technologies and the introduction of connected devices and the Internet of things (IoT) have encouraged many users to shift to smart appliances. It is estimated that by 2020, there will be 70 million smart households in Europe and North America, with most household appliances monitored and controlled wirelessly using the Internet.
Global Water Softener Market 2016-2020 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the Global Water Softener Market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of water softeners for the residential segment.
Key players in the global water softener market: Culligan, Ecowater, GE, Whirlpool, and 3M. Other prominent vendors in the market are: Axel Johnson, Canature, Hague Quality Water, Ion Exchange India, and Kenmore. Increased awareness about the benefits of using soft water for daily household chores is driving the global water softener market for the residential segment. Also, rapid urbanization and industrialization in emerging countries are affecting the quality of water. While developed countries have centralized plants for water treatment to remove calcium and magnesium compounds, developing countries are yet to develop such infrastructure. The demand for water softeners will be driven primarily by increased health consciousness, technological innovations in the market, and the emergence of domestic players in smaller markets. Order a copy of Global Water Softener Market 2016-2020 report @ http://www.reportsnreports.com/purchase.aspx?name=543838 .
Further, the water softener market report states that one challenge that could restrict market growth is the availability of alternative technologies for softening water.
Another related report is Global Reverse Osmosis Membrane Market 2015-2019, which valued the market at US$1.2 billion in 2014. The growth of the market is mainly driven by the increasing global demand for cheap and efficient water treatment solutions. In 2014, most of the market share was held by the EMEA region. The market is forecast to grow at a CAGR of 7.3 percent during the period 2014-2019. Key players in the Global RO Membrane Market: The Dow Chemical Company, Koch Membrane Systems, Nitto Denko Corp and Toray Industries, Inc. Other prominent vendors in the market are: Applied Membranes, GE Water, LG NanoH2O, Membrane Specialists, Nanoasis, PCI Membranes and Pure Aqua. Browse complete report @ http://www.reportsnreports.com/reports/365990-global-ro-membrane-market-2015-2019.html .
Explore other new reports on Semiconductor and Electronics Market @ http://www.reportsnreports.com/market-research/semiconductor-and-electronics/.
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