Point-of-use water treatment systems market valued at US $20.30 Billion in 2022 is anticipated to reach a value of US $123.33 Billion in 2030, growing at a CAGR of 25.3%.
When dangerous substances are released into the water either directly or indirectly without being adequately treated to eliminate them, water contamination occurs. Microbial infections, nutrients, heavy metals, persistent organic matter, suspended sediments, pesticides, and oxygen-depleting compounds are the most significant human-made water pollutants. Heat can also be a contaminant since it causes the water to warm up. Typically, significant deterioration in water quality is caused by pollutants. Before being given to different residential and commercial units for consumption, numerous operations like filtration, disinfection, and chemical treatment are carried out to decontaminate this water. However, even when point-of-use water treatment systems remove some pathogenic microbes and inorganic substances from the water, others still remain. The market for point-of-use water treatment systems is boosted by the fact that these water pollutants are growing every day and that more water needs to be treated.
The forecast year is likely to see a boost in market growth because to the rising demand for clean water and rising investments to increase efficiency. Along with beneficial government measures, a large drop in the price of raw materials and components is projected to stimulate industry expansion. To prevent an outbreak of water-borne diseases, governments around the world are promoting the greater adoption of water purification technologies. For instance, the WHO's Water, Sanitation and Hygiene (WASH) project programme aims to eradicate diarrhoea and untreated excreta from surface and ground waters that are utilised for irrigation, drinking water, household use, and bathing globally.
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Segmental Analysis of global Point-of-use Water Treatment Systems Market:
Based on Application
- Residential
- Non-Residential
Based on Device
- Table-top Pitchers
- Faucet-mounted Filters
- Counter-top units
- Under-the-sink-filters
- Others
Based on Technology
- Reverse Osmosis Systems
- Ultrafiltration Systems
- Distillation Systems
- Disinfection Method
- Filtration Methods
- Ion Exchange
- Others
Key Players:
3M; Koninklijke Philips N.V.; Pentair; Panasonic Holdings Corporation; Unilever; LG Electronics; EcoWater Systems LLC; A.O. Smith; Culligan; Amway Corp.
For instance, Pentair has designed strategic targets such as carbon footprint reduction, water reduction, product design for sustainability, responsible supply chain, and inclusion and diversity.
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