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Water Softening System Market By Type (Salt-based, Salt Free), By Application (Residential, Industrial, Commercial), By Design (Mono Cylinder, Twin Cylinder, Multi Cylinder) - Growth, Future Prospects, And Competitive Analysis, 2019 – 2027

Increasing awareness of the water softening process is likely to fuel the growth of the water softening system market.

Globally, the water softening system market is expected to grow with a CAGR of more than 7.5% during the forecast period from 2019 to 2027, starting from US$ 2.52 Bn in 2018. Globally, the water consumption rate has increased drastically as the population has grown across the globe. It is essential to provide pure and clean water to the people in order to maintain good health and avoid the spread of any infections or diseases. This primarily drives the demand for water softening systems, as these systems reduce the levels of harmful minerals in the water and supply pure water that can be consumed without any harm.

Furthermore, along with the consumption of water in the residential sector, the increasing number of industrial and commercial activities and related water utilization is also increasing the adoption of water-softening systems. Rapid developments in industries such as pharmaceutical and healthcare, food and beverages, semiconductors, and so on have created the demand for ultra-pure water, which is expected to fuel the growth of the water-softening system market over the forecast period.

Moreover, innovations in water treatment techniques and the emergence of automation in the water treatment and softening processes are also propelling the growth of this market. However, the presence of substitute water treatment techniques and a lack of awareness in developing and underdeveloped countries is likely to hamper market growth during the forecast period.

Market Synopsis

Salt-free water softening systems are expected to witness significant growth in the coming years.

Based on type, the water softening systems market is segmented into salt-free and salt-based systems. The salt-free water softening systems are largely adopted as they are less expensive and more effective when it comes to purifying and supplying quality water. These systems do not use any chemicals or hard agents to soften the water and are easy to install and maintain in the long run. This is increasing the demand for salt-free systems and thus fueling the growth of this market.

Based on application, water softener systems are largely being used in the residential sector. As these systems reduce the corrosion of pipes and there is a higher requirement for pure water in homes compared to industries, this end-use segment is experiencing rapid growth.

North America to dominate the water softening system market.

In the global water softening system market, North America held the largest market share in 2018. This is primarily based on the rapid developments of the industrial sector, which enhanced the demand for water in this regional segment.

Moreover, companies based in the US and Canada are developing new technologies to improve the existing water treatment techniques. However, Asia-Pacific is expected to exhibit rapid growth during the forecast period, as the demand for pure water is high in this region. Increasing awareness about water processing and the growing need to provide clean water is fueling the growth of this regional segment. Also, rapid industrialization and growth in the residential sector are driving the growth of the water softening system market in this region.

Some of the prominent players operating in the water softening system market include Culligan International Company, EcoWater Systems LLC, Kinetico Incorporated, Envicare Technologies Pvt. Ltd., Hydroflux Marketing Pte. Ltd., Wychwood Water Systems Ltd., Pelican Water Systems, Harvey Water Softeners Ltd., Marlo Incorporated, and BWT AG, among others.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The water softening system market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global water softening system market based on type, application, design, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the market size of water softening systems in 2018 and the forecast up to 2027?
  • Which is the largest regional market for the salt-free system segment?
  • What are the major trends followed in the water softening system market across different regions?
  • Who are the key water-softening system companies leading the market?
  • What are the key strategies adopted by the leading water softening system companies in the market?

Unique data points of this report

  • Statistics on water softening system penetration and spending worldwide
  • Recent trends across different regions in terms of the adoption of water softening systems for various applications in various industries
  • Notable developments are going on in the water softening system industry.
  • Attractive investment propositions for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

 Frequently Asked Question:

The market for Water Softening System Market is expected to reach USD$ 2.52 Bn in 2027.

The Water Softening Systemt Market is expected to see significant CAGR growth over the coming years, at 7.5%.

The report is forecasted from 2019 -2027.

The base year of this report is 2018.

Hydroflux Marketing Pte. Ltd., Wychwood Water Systems Ltd., Pelican Water Systems, Harvey Water Softeners Ltd. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Aug 2019
Category:  Technology & Media
Report ID:   59832
Report Format:   PDF
Pages:   120
Rating:    4.3 (58)
Delivery Time: 24 Hours to 48 Hours   
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