Hot Investment Opportunities In Global Water Softener Market

By Goldstein Research || 2018-02-02 9:12:55 PM

Hot Investment Opportunities In Global Water Softener Market

According to Goldstein Research, “Growing utilization of water softeners for household purpose and implementation of government regulation about the supply of suitable drinking water is boosting the demand for water softeners. Government initiatives in developing countries like “National Mission for Clean Ganga”, treatment for hard water present in rivers such as Godavari and Kaveri in India are expected to positively impact the growth of water softener market. Rapid urbanization and industrialization are also boosting demand for water softeners across the globe.

Global Water Softener Industry Analysis

Global water softener market is segmented on the basis of water softener types and by end-user. Water softener type segment is further bifurcated into salt-based ion exchange water softener, salt-free water softener and other water softener (magnetic softeners). Salt based ion exchange water softener dominated the market in 2016, due to its wide application, low cost, high efficiency in reducing the scale formation in plumbing system and ease of availability. Growing application of water softener in industrial sector is fuelling the demand for water softeners across the globe.

Asia-Pacific is the fastest growing region for global water softener market. Asia-Pacific water softener market valued USD 1.65 billion in 2016 and is anticipated to grow at a remarkable CAGR of 10.0% during the forecast period. Huge adoption of water softener in countries such as China, Indonesia and India are expected to propel water softener market in the Asia-Pacific region.

Traditional Salt-Based Water Softeners: Impacting Environment

Although water softeners are very helpful in the treatment of hard water, however traditional salt-based water-softeners are not environmentally friendly. Excess use of water softeners cause salinity into the wastewater and increases the treatment cost of water. It also reduces the potential for the reuse of treated in irrigation and industrial purposes. This is the major issue in developing countries, however government are replacing the existing traditional salt-based water softeners with newer salt-free water softeners which reduces the discharging tons of salt into the sewers. These initiatives are likely to support the growth of global water softener market.

Global Water Softener Market Outlook 2024contains detailed overview of the global water softener market in terms of market segmentation by water softener 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 Scale) analysis, Porter’s five force model and SWOT analysis.

Global water softener market also provides competitive outlook of some of the major players of global water softener market which includes profiling of companies such as BWT AG, 3M  Company, Culligan International Company, Whirlpool Corporation, Pentair Residential Filtration, EcoWater Systems, A.O. Smith Water Technologies, Ion Exchange Ltd., Canature Water Group, Fountain Softeners, K-water Corporation, Axel Johnson Inc., Harvey Water Softeners Ltd, KCD IP, LLC, Waterboss Inc., Hans Sasserath GmbH & Co. KG, Hague Quality Water International, Fontus Water Pvt Ltd., GE Appliances, MECO Incorporated, Marlo Incorporated, Pelican Water Systems, Kenmore, Advance Water Softener Ltd. and Grünbeck Wasseraufbereitung. 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 water softener 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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