What is Point of Use Water Treatment Systems Market?
Point of use technology is the onsite water treatment system which reduces pathogens in water sources prior to consumption. These systems are key solutions for treating water in developing communities. It is user-friendly, low cost, low maintenance, and grid-independent. These are installed in an individual source line ahead of any or all of the building's taps, faucets or other dedicated outlets used to dispense water for drinking, cooking or bathing. The technology involved in point of use water treatment system are reverse osmosis, ultra-filtration, distillation systems, disinfection methods, and others.
The market study is being classified, by Application (Residential and Non-residential) and major geographies with country level break-up.
Honeywell International (United States), Panasonic Corporation (Japan), Unilever (United States), LG Electronics (South Korea), Coway (South Korea), Pentair (United Kingdom), BWT (Austria), TORAY Industries (Japan), 3M (United States) and TATA Chemicals (India) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Kent Ro (India) and Whirlpool Corporation (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Point of Use Water Treatment Systems market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Point of Use Water Treatment Systems market by Type, Application and Region.
On the basis of geography, the market of Point of Use Water Treatment Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Urban Population Coupled with Increasing Water Pollution
- Growing Health Care Awareness
- Technological Innovations in Water Treatment Industry
- Increasing Adoption of Alternative Technologies
- Increasing Demand of Clean Drinking Water
- Scarcity of Clean Water in Underdeveloped Economies
- Aging Infrastructure may Hamper the Market
In December 2018, Coway has signed an agreement with the CHEARI for strategic business alliance and health appliance technology service. Under this contract, Coway and CHEARI will work together to obtain the GB Mark for various health appliances, such as water purifier and air purifier.
Key Target AudienceDevice Manufacturers, Raw material suppliers, Government associations, Research organizations and Others
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