Water Softener Market Update, Analysis, Forecast, 2019 – 2024
Supporting regulatory amendments by EU regarding clean
water to control health hazards will drive water softener market.
These products offer robust acid cation ion exchange to ensure safe supply that
can be used for drinking along with domestic & household consumption.
Technological advancement including automatic operations, different
configuration modes and extensive automation is anticipated to fuel product
demand by 2024.
Rapid industrialization along with rising
soft water requirements may stimulate product demand over the projected
timeframe. Expanding manufacturing sector in India, China, and the U.S. may
create vast opportunity for water softener market growth. Mounting need for
water treatment has incurred high cost for the manufacturers, which have
promoted the product usage, thus driving industry growth.
Water Softener Market may surpass USD 10
billion by 2024; according to a new research report. Salt based water softener
market of 4,50,000 grain may witness gains of 5.5% by 2024. Increasing spending
in research to make innovated products will resolve hard water challenges faced
in health institution is likely to have a positive impact on product demand.
Italy salt free water softener market is
anticipated to reach over USD 125 million by 2024. Presence of large number
automotive manufacturers in this region supported by stringent industrial
safety norms pertaining to clean water and quality standards will favor
industry growth.
Cost concerns regarding extensive energy
usage due complex operations may limit industry profitability. Stern ecological
guidelines in the U.S. may add on compliance cost, which may affect water
softener market price trends.
Salt based water softener market of 1,200,000
grain is anticipated to surpass 180 thousand units by 2024. Growing application
potential in oil & gas sector and food processing units to reduce waste
water & protect interior corrosion and damage of equipment is likely
promote product demand.
Russia salt based water softener market of
9,00,000 grain is projected to witness gains of over 7.5% in the forecast
timeframe. Growing application scope in industries including chemical,
refineries and pharmaceutical industries owing to its feature of improving
water quality required in these sectors is likely to drive product demand in
this region.
Growing population in urban provisions has
lead to amplified water stress that has increased hardness of groundwater which
is anticipated to rise demand for softening equipment in forecast timeframe.
The product reduces need for detergents by
50% due to absence of minerals which interact with cleaning products, thus
propelling product demand in forecast timeline. Product usage decreases
scratching and itching associated with usage of hard water for cleansing and
bathing. It also extends life of washing machines, heaters and dishwashers
which is likely to drive water softener market in by 2024.
Global water softener market share is
competitive slightly consolidated and compete on the basis of price offered for
the product with key players present in the market includes Culligan
International Company, GE, Canature Environmental Products, Marlo Incorporated,
3M, Whirlpool, Morton Salt and Honeywell International.
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Corporate Sales, USA
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Email: sales@gminsights.com
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Water Softener Market Update, Analysis, Forecast, 2019 – 2024
Reviewed by snehal
on
November 03, 2019
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