Global Point-of-Use Water Treatment System Market: Broad Market Picture and Segments
According to a statistical study made by the World Health Organization, 844 million people, nearly one-seventh of the world population are deprived of clean drinking water facility, globally. Water contaminated by harmful substances including agricultural wastes, human and animal wastes, radioactive matters, and the oil spill is the root cause for the severity of terrestrial as well as aquatic ecosystem. This brings into the picture, the water treatment facility for purification of water. Point-of-use (POU) water treatment system is a new-age revolutionary technique which offers complete blockage against varied types of water impurity. Industries account for the largest amount of toxic waste producer into the water bodies polluting them with hazardous materials such as cyanide, strong acids, lead, and other heavy metals. Resultantly, the global POU water treatment system market witnessed constant growth attributed to the increased industrial growth across the world. According to IndustryARC’s report analysis, the market size of the global POU water treatment system stood at $15,000 million in the year 2018. The demand for POU water treatment system is growing at a compound annual growth rate of 8.52% for the forecast period of 2019-2025.
POU water treatment market can be bifurcated into various segments such as technology, applicable standards, design, and end-users. On the basis of technology, this market can further be separated into filtration methods, reverse osmosis systems, and distillation systems. Based on applicable standards, the POU water treatment system market can be categorized as NSF International, American National Standards Institute, US Environmental Protection Agency, Japan Water Purifier Association, and many more. By design, this market is segmented into a personal water bottle with filter, pour through a filter with the pitcher, faucet mounted filter with diverter, and so on. The POU water treatment system market can be bifurcated on the basis of end-users into two categories including the residential and non-residential.
Global Point-of-Use Water Treatment System Market: Demand and Growth
Water is one of the essential factors of life and living. 70% of the earth’s surface is water, whereas fresh water is only limited to 2.5% of the total water available. With the increasing threat of water scarcity, there is a continuous hike in water contamination. Non-residential sectors such as schools, organizations, companies, and industries install water utilities to provide water for the mass. With this scenario, it is all the more necessary to install POU water treatment facilities in their main-line water system. Emerging point-of-use water treatment technologies include granular-activated carbon filters (GAC), microporous ceramic filters, reverse osmosis, UV systems, and many others. Established as effective methods for water treatment, these POU technologies purify water and acts as a barrier against harmful organic compounds, oils, heavy metals, chemicals, and the UV light technology kills the bacteria and viruses, thereby providing clean water for drinking. The demand for POU water treatment system from non-residential end-users is forecast to grow at a CAGR of 8% during the period of 2019-20125.
According to the United Nations Fund for Population Activities, the APAC region shares the largest growing population of approximately 4.6bn people- 60% of the world’s entire population. This results in a growing need for water, ultimately pitching the demand for POU water treatment system in this region. Leading the POU water treatment system market, APAC region held a market share of 40% in the year 2018. According to the IndustryARC’s report, the largest markets in the APAC region includes countries such as China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong.
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Global Point-of-Use Water Treatment System Market: Recent Trends
Water Treatment for Diarrhea Germs
Every year 1.7bn children get affected by diarrhea, globally and are the leading cause of mortality rate for minors under the age of 5 years. Government induces the set-up of purified water utilities in educational buildings as well as public areas. POU water treatment systems with modern technologies such as UV, GAC, and faucet-mounted technologies provides safe water consumption by children.
Incremented Industrial Growth and Urbanization
Industrial expansion and urbanization increase pressure on freshwater sources. With exceeding water scarcity, industries and urban areas outpour the wastes into these water sources, contaminating them. Purifying the water for drinking and other usage is essential, to which simple filtration does not offer a permanent solution. Increasing unavailability of water in many regions instigates the demand for less expensive and advanced POU water treatment technologies.
Purified Water Utilities in Health Organization
Health organizations maintain the safety and cleanliness of every particulars to avoid infectious contamination. Water constitutes the daily requirement of every patient. Installing POU filters enhance the quality of treatment and medication in hospitals. Resultantly, this fuels the demand for global POU water treatment system market.
Global Point-of-Use Water Treatment System Market: Leading Companies
The leading companies to enter into the broad spectrum of global POU water treatment system market include Honeywell International, Pentair, Panasonic Corporation, Unilever, LG Electronics, Coway, BWT, Toray Industries, Brita, Alticor, 3m Company, Suez, Evoqua, and others.
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What can you expect from the report?
The POU water treatment system market is Prepared with the Main Agenda to Cover the following 20 points:
1. POU water treatment system market Size by Product Categories & Application
2. POU water treatment system market trends & Relevant Market Data
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End-user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. POU water treatment system market Demand Analysis (Revenue & Volume)
12. Country-level Analysis
13. Competitor Analysis
14. POU water treatment system market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. POU water treatment system market Strategic Analysis
18. POU water treatment system market Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. POU water treatment system market Revenue and Volume Analysis
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