Published on : Apr 05, 2017
Albany, New York, April 05, 2017: The research report digs deep into the performance of the market in the last couple of years and predicts the future growth along with it. The study also outlines the facets influencing several changes in the market. The impact of current developments has also been mentioned in the report. It further provides data on the various products and strategies of the leading players in the market.
Water treatment basically is the treatment of water to make it appropriate for certain end-uses such as river flow maintenance, industrial water supply, irrigation, and drinking. The growing demand for clean and hygienic drinking water and also water for industrial purposes has substantially increased the demand for consumer water treatment systems. Consumer water treatment systems tend to make water drinkable through several processes such as deodorization, softening, and purification. These type of water treatment systems are mostly installed in either point-of-use or point-of-entry. Consumer water treatment technologies such as electrolysis, adsorption, water softening, reverse osmosis, distillation, filtration, and disinfection are mainly employed for treating drinking, irrigation, industrial, and other several water supplies. Amongst these, it said that filtration is the most commonly used technology for treating water.
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Owing to robust growth in industrialization and mounting population, water crisis is become a matter of great concern. According to a recent report the World Bank, water crisis may tend to decrease the GDP by almost 6% across some countries. According to another report by the United Nations Department of Economic and Social Affairs, approximately 1.2 billion people across the globe are suffering from water. Owing to these factors, the demand for water treatment has increased extensively across the globe. Increasing water contamination has further made it a necessary for consumers to use water treatment for availing pure water for end use.
However, the expensive nature of water treatment systems is likely to impede the growth of the global consumer water treatment systems market over the coming years. The growing shortage of clean drinking water across several developed and developing is likely to provide vendors with potential opportunities in several untapped market. Regionally, the global consumer water treatment systems market can be segmented into Asia Pacific, Europe, and North America. It has been further classified into China, South Korea, Japan, the U.K., Germany, and the U.S. The report discusses the imbalance between supply and demand in these regions, the capacity of the systems installed and the systems under production, the import and export consumption, and price of the products.
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