Advancement in water filter technology is expanding the industrial water purifier business: Rising awareness among the government authorities towards water borne diseases and health safety is driving the market of industrial water purifier across the globe. Implementation of advanced treatment methods to meet the environmental standards of water is an obstacle for manufacturing and utilities industries. This is increasing the demand for advance industrial water purifiers so that it can meet general standards of water and discharge will be safe for the ecosystem.
Global industrial water purifier market valued USD 16.14 billion in 2016 and further the market is projected to register a healthy CAGR over the forecast period i.e. 2016-2024. Geographically, North America region is the dominating market in overall industrial water purifier market. North America industrial water purifier market reached value of USD 4.23 billion in 2016 and is expected witness noteworthy growth by the end of 2024.
The global industrial water purifier market is segmented on the basis of technology such as Reverse Osmosis (RO) Purifier, UV purifier, multi-layer sand purifier and gravity purifier. Among these segments, UV purifiers are expected to witness notable growth owing to the high accuracy and efficiency in treatment of water maintaining its quality standards as per environmental regulations. Global UV industrial water purifier market value reached USD 4.04 billion in 2016.
Advanced membrane technology benefiting global market
Performance of RO industrial purifiers depends upon membranes. Conventional membranes were easily damaged while in cleaning process and water treatment. With the advancement in membrane technology and filtration process efficiency of industrial purifiers is improving. Microfiltration and bioreactors membranes are revolutionizing the global water treatment market which is significantly contributing in the growing demand of industrial water purifiers.
“Global Industrial Water Purifier Market Outlook 2024” contains detailed overview of the global industrial water purifier market in terms of market segmentation by product type, technology type and by End-user.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Sacle) analysis, Porter’s five force model and SWOT analysis.
This market report also includes provides competitive outlook of some of the major players of the global industrial water purifier market which includes profiling of companies of GE water, Lenntech, Aquatech International etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global industrial water purifier market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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