DUBLIN, Feb. 12, 2019 /PRNewswire/ --
The "Point-of-Use Water Treatment Systems Market by Device (Tabletop Pitcher, Faucet-Mounted, Countertop, Under-the-sink), Technology (Reverse Osmosis, Distillation, Disinfection, Filtration), Application (Residential, Non-Residential) - Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The point-of-use water treatment systems market is projected to grow from USD 19.9 billion in 2018 to USD 32.7 billion by 2023, at a CAGR of 10.41% during the forecast period.
The point-of-use water treatment systems market has been growing due to the increasing demand for clean drinking water, growing awareness about the benefits of water treatment, and technological innovations in the water treatment industry.
The faucet-mounted segment is projected to be the largest contributor to the point-of-use water treatment systems market during the forecast period, in terms of value
The faucet-mounted segment is projected to dominate the point-of-use water treatment systems market, in terms of value, during the forecast period. Faucet-mounted filters are relatively cheaper and easy to install. They can be pivoted to an on-off position, which allows users to collect filtered drinking water, which can even be used for cooking. Also, the filtration speed is fast enough to use the water for cooking. The tap faucet water filters are environment-friendly as they do not produce waste water and don't need electricity to work.
The reverse osmosis technology is projected to hold the largest market share during the forecast period
The reverse osmosis technology accounted for the largest share in the point-of-use water treatment systems market, in terms of value, in 2018, and will continue to hold its market position throughout the forecast period. This dominance is attributed to its numerous benefits, including capability of removing up to 99% of dissolved contaminants found in feed water, and improving the taste and color of water; simple maintenance, and removal of contamination such as, lead, chlorine & chloramine, nitrates, pesticides, sulfates, fluoride, bacteria, pharmaceuticals, and arsenic. The filtration segment followed the reverse osmosis segment, in terms of market share in the point-of-use water treatment systems market, in 2018.
The Asia Pacific is projected to record the highest growth rate during the forecast period
The Asia Pacific is projected to record the highest growth rate during the forecast period. Key factors such as rapid urbanization, growing awareness about water purification technologies, growth in the middle-class population, and rise in disposable income are factors projected to drive the demand for point-of-use water treatment systems in the Asia Pacific, during the forecast period. Additionally, the increase in water contamination and a shortage of clean drinking water supply have led to an increase in the demand for point-of-use water treatment systems. The major markets in this region are emerging economies such as China and India, and mature markets such as Japan and Australia.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Point-Of-Use Water Treatment Systems Market
4.2 Point-Of-Use Water Treatment Systems Market, By Device
4.3 Point-Of-Use Water Treatment Systems Market, By Technology
4.4 Point-Of-Use Water Treatment Systems Market, By Application
4.5 Asia Pacific Point-Of-Use Water Treatment Systems Market, By Device and Country
4.6 Point-Of-Use Water Treatment Systems Market: Key Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Water Contamination
5.2.1.2 Greater Awareness About the Benefits of Water Treatment
5.2.1.3 Technological Innovations
5.2.2 Restraints
5.2.2.1 High Installation, Equipment and Operation Cost
5.2.3 Opportunities
5.2.3.1 Scarcity of Clean Water in Developing and Under-Developed Countries
5.2.3.2 Few Replacement Choices
5.2.4 Challenges
5.2.4.1 Aging Infrastructure
5.2.4.2 Competition With the Bottled Water Industry
6 Point-Of-Use Water Treatment Systems Market, By Device
6.1 Introduction
6.2 Faucet-Mounted Filters
6.2.1 Faucet-Mounted Filters Dominated the Pou Water Treatment Systems Market, in Terms of Value
6.3 Tabletop Pitchers
6.3.1 Tabletop Pitchers to Register the Highest Growth Rate During the Forecast Period
6.4 Countertop Units
6.4.1 Countertop Units Operate on Reverse Osmosis as Well as Activated Carbon Technologies
6.5 Under-the-Sink Filters
6.5.1 Under-the-Sink Filters are Easy to Install and Have Low Maintenance Cost
6.6 Others
6.6.1 Others Segment is Projected to Record Slow Growth During the Forecast Period
7 Point-Of-Use Water Treatment Systems Market, By Technology
7.1 Introduction
7.2 Reverse Osmosis Systems
7.2.1 Reverse Osmosis Systems to Register the Highest Growth From 2018 to 2023
7.3 Distillation Systems
7.3.1 Distillation Systems Garnered the Largest Deamnd in 2017
7.4 Ultrafiltration Systems
7.4.1 Ultrafiltration is A Membrane Based Technology for Decontamination of Water
7.5 Disinfection Methods
7.5.1 The Most Commonly Used Disinfecting Agents Chlorination, Ozonation, UV Light
7.5.1.1 Chlorination
7.5.1.2 UV Radiation
7.5.1.3 Ozonation
7.6 Filtration Method
7.6.1 Filtration Equipment Range From Table Top Portable Water Filters to Customized Build Specific Systems
7.6.1.1 Activated Carbon Filters
7.6.1.2 Mechanical Filter
7.6.1.3 Biosand Filter
7.7 Ion Exhange
7.7.1 Ion Exchange Segment is Projected to Record the Second-Highest Growth During the Forecast Period
7.8 Others
7.8.1 The Others Segment is Projected to Record the Lowest Growth Rate During the Forecast Period
8 Point-Of-Use Water Treatment Systems Market, By Application
8.1 Introduction
8.2 Residential
8.2.1 Residential Segment to Dominate the Pou Water Treatment Systems Market Through 2023
8.3 Non-Residential
8.3.1 Non-Residential Segment Includes Commercial, Educational, Industrial, Healthcare, and Hospitality Sectors
9 Point-Of-Use Water Treatment Systems Market, By Region
10 Competitive Landscape
10.1 Overview
10.1.1 New Product Launches
10.1.2 Mergers and Acquisitions
10.1.3 Agreements, Collaborations, & Joint Ventures
10.1.4 Expansions
11 Company Profiles
11.1 Honeywell International
11.2 Pentair
11.3 Panasonic Corporation
11.4 Unilever
11.5 LG Electronics
11.6 Coway
11.7 Best Water Technology (BWT)
11.8 Toray Industries
11.9 Other Players
11.9.1 Alticor
11.9.2 3M
11.9.3 Tata Chemicals
11.9.4 Kent Ro
11.9.5 Whirlpool Corporation
11.9.6 Eureka Forbes
11.9.7 Culligan International
11.9.8 Instapure Brands
11.9.9 Helen of Troy Limited
11.9.10 GE Appliances
11.9.11 Dowdupont
11.9.12 A.O. Smith Corporation
11.9.13 Kinetico
11.9.14 Ecowater Systems
11.9.15 Westaqua-Distribution Ou
For more information about this report visit https://www.researchandmarkets.com/research/6tpwq9/global?w=5
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