The global point-of-use water treatment systems market size is expected to reach USD 34.65 billion by 2030, according to a new study by Polaris Market Research. The report “Point-of-Use Water Treatment Systems Market Share, Size, Trends, Industry Analysis Report, By Technology (RO, Distillation, Filtration, Disinfection, Others); By Device; By Application; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Water contamination is a severe matter globally, as it causes numerous diseases such as neurological ailments, gastrointestinal infections, and genetic issues. According to a study by WHO, over 2 million deaths worldwide are due to diarrhea. The water at the residences contains numerous bacteria, viruses, and other impure substances, causing illness; however, the same has been treated at the public plants.
The lack of proper equipment causes severe diseases worldwide, causing an increase in death rates. Therefore, all feed water needs to pass through house treatment systems before being distributed through the plumbing in residential areas. Point-of-use systems are also widely used in the industrial sectors, such as the food, beverage, and pharmaceutical industries.
Consequently, the increase in demand from the industries above is expected to drive the global point-of-use water treatment systems demand in the coming future, as purification is an essential requirement in the food & beverages where H2O is widely used in their products and so is the importance of these treatments in pharmaceutical industries.
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The increase in the contamination worldwide due to industrial activities spreading toxic chemicals and microbial pathogens; therefore, people are more likely to adopt purifiers in residential areas, which would filter the impure substances available in the H2O and prevent the health of individuals.
Therefore, this will act as a driving factor for the global point of use treatment systems market over the forecast period. Favorable government laws to ensure the supply of clean and potable drinking H2O are further expected to augment business growth in the coming years.
In the devices segment, faucet-mounted filters were the second largest segment in 2021. This is due to large-scale penetration in African and Indian countries primarily due to its reasonable pricing and low replacement costs.
Point-of-Use Water Treatment Systems Market Report Highlights
- Reverse Osmosis (RO) technology accounted for the largest market share in 2021, owing to higher efficiency, enhanced capacity, and economic costs compared with other technology
- The residential sector is expected to hold a significant revenue share due to the increasing need for treated drinking H2O, eliminating unpleasant taste, odor, and discoloration, biodegradable organics, and pathogenic bacteria
- The Asia Pacific is expected to grow significantly over the projected period on account of rapid urbanization, economic development, and increased focus of key players for developing technologically advanced, cost-effective devices in this region
- The global point-of-use treatment systems market is highly competitive owing to prominent market players worldwide, including Honeywell International Inc, Best Water Technology (BWT) AG, The Dow Chemical Company, and 3M Company
Polaris Market Research has segmented the point-of-use water treatment systems market report based on technology, device, application, and region:
Point-of-Use Water Treatment Systems, Technology Outlook (Revenue – USD Billion, 2018 – 2030)
Point-of-Use Water Treatment Systems, Device Outlook (Revenue – USD Billion, 2018 – 2030)
Point-of-Use Water Treatment Systems, Application Outlook (Revenue – USD Billion, 2018 – 2030)
Point-of-Use Water Treatment Systems, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa