Water Softener Market Regional Growth & Forecast 2018-2024 by Top Manufacturers – Culligan International, EcoWater Systems LLC, Kinetico Incorporated, Pentair
Global water softener market size of 120,000 grain from office building application is poised to observe gains of over by 4% 2024. Increase in consumer health consciousness has led to rise in demand for healthy and safe drinking water which is likely spur product demand.
Sellbyville, DE -- (SBWire) -- 11/19/2018 --Intensifying demand for soft water owing to growing industrialization and urbanization may expand water softener market growth by 2024. Growing penetration of multinational brands along with its features including high effectiveness in decreasing formation of scale in boilers, pipes and tanks are likely to further propel product demand. This equipment improves product lifespan of water using appliances by removing salts and minerals, which can damage product quality. Growing customer spending on water treatment equipment supported by increasing contamination issues will propel product demand.
Supporting government regulation in Europe and Asia pacific reinforced by R&D activities on water softener manufacturing will promote product demand. Additionally, rising industrial sector and manufacturing industries may fuel water softener demand owing to application of soft water in steam generation, product manufacturing and cleaning.
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Water Softener Market size is set to surpass USD 10 billion by 2024; according to a new research report by Global Market Insights, Inc. Global salt free water softener market is anticipated to exceed USD 2 billion in projected timeline owing to its extensive consumption in the U.S. There is no electrical valve required in salt-free softener as system operates as a conditioner and do not captures anything, thus eliminating need to purge minerals. Soft water from this system results in less soap consumption and brighter laundry, which is anticipated to stimulate product demand.
Water softener in home decreases greenhouse gases, reduce chlorine content and removes odor with good efficiency is likely to augment product demand. Water appliances use less energy and last longer by using softener reduces carbon footprint and preserving resources for a longer span of time, thereby driving market size.
- Water Softener Industry, By Application
- Residential
o Single Family
o Multi Family
- Commercial
o Office Buildings
o Hotel/Restaurants
o Laundries
o Hospital & Healthcare
o Others
- Industrial
o Food Processing unit
o Textile
o Chemical
o Oil & Gas
o Refineries
o Others
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As per a report by the Geological Survey, nearly 85% of the tap water in the U.S. is hard water, on the grounds of which most of the Americans use salt to maintain water softness in washing machines, water heaters, and bathtubs & showers. Moreover, the government also has been putting in efforts to increase the quality of water for drinking as well as domestic use by developing new water treatment plants.
For instance, recently, Walkersville township has received a loan approval of USD 8.4 million from the Maryland Department of the Environment to build a water treatment plant. Since the last few years, Walkersville's regulators have been striving to develop water treatment plant to treat sewage and contaminated water. Such efforts put in by the federal government to provide clean water to the masses is certain to propel U.S. water softener market share over the years ahead.
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European countries also have been investing in new water treatment facilities and innovative technology developments from the last few years. The presence of already established water softener market players across this region has been proving to be highly lucrative for the regional industry. Taking into account the surging demand for water softeners, companies have been conducting research and development activities to further unearth extensive applications of these softeners.
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