Rising Waterborne Diseases in North America Propelling Residential Water Treatment Devices Market with a Robust CAGR of 9

Posted on 2017-12-26 by Mark Hub in Retail // 0 Comments

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Albany, US, 2017-Dec-26 — /EPR Network/ —The urgent need of residential water treatment is raised due to the increasing industrial and environmental pollution around the globe. Poor water quality and increasing demand for water supply due to increase in the population are some factors that will attract the consumer towards the adoption of residential water treatment plant. Recently, a new study titled “Residential Water Treatment Devices Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017–2027)” has been freshly broadcasted to the wide repository of Market Research Hub (MRH), which reveals that the market is anticipated to record a robust CAGR of 9% from 2017 to 2027 and cross a value of US$ 56 billion within the same forecast.

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Residential water treatment refers to the treatment of used water to make it suitable for reuse. It has been analyzed that in the APEJ region, large scale industrialization and extreme pesticide use deteriorates the quality of natural water bodies. Many water bodies that provide water for millions of local populations have dangerously high levels of toxins, this directly leads to the deaths of approx. 50,000 people annually. In China, more than 80% of water bodies including shallow groundwater has been affected by industrial waste and agricultural chemicals that seep into the nearest water body from the soil and waste injection.

For a clear understanding, the residential water treatment devices market has been divided into seven geographies with an equal focus on both developed and emerging economies. The developed countries studied are North America, Western Europe, Eastern Europe, and Japan, while the emerging economies include APEJ, Latin America, and MEA. Among these, the population in North America is extremely worried about their health and demand safe drinking water. People on this continent are unsure of the quality of water, and they invest in machines sold in the residential water treatment equipment market.

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Further, the market has been analyzed on the basis of purification devices which include Reverse Osmosis, Faucet Filters, and Ultra Violet, Gravity / Media and others (including water pitcher, solar ball and filter water bottle). Amongst, the reverse osmosis segment has a market share of nearly 60% in the residential water treatment devices market in 2017 and is anticipated to rise to 63% by the end of the forecast period.

Moving further, the study provides useful insights on the top players operating in the global home security products and solutions market including market share analysis, market structure, business and marketing strategies, and recent developments. The prime companies profiled in the residential water treatment devices market report are The 3M Company, Robert Bosch GmbH, Whirlpool Corporation, BRITA GmbH, Culligan International Company, Amway Corporation, PSA Industrias Pugliese S. A., Eureka Forbes, Kent RO Systems Ltd., Panasonic Corp ADR, Mazuma Thailand Co. Ltd., LG Electronics Inc.,Hindustan Unilever Ltd., Mitsubishi Rayon Cleansui Co. Ltd., P.T. Holland, Haier Group Corporation, A.O. Smith Corporation, Ceramica Stefani S.A., Lorenzetti S.A., Europa Group, and Indústria Brasileira de Bebedouros Ltda. S.A.

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