Rise in population, increase in demand for water Softeners in municipalities and industries, and surge in investment in industrial sector fuel the growth of the Europe water softeners market. By process, the ion exchange segment accounted for the major share in 2018. On the other hand, Spain would portray the fastest CAGR of 8.3% by 2026.
According to the report published by Allied Market Research, the Europe water softeners market generated $525.2 million in 2018 and is expected to hit at $849.8 million by 2026, registering a CAGR of 6.2% from 2019 to 2026.
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COVID-19 impact analysis
The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The Europe water softeners market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the Europe water softeners market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the Europe water softeners market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.
The ion exchange segment accounted for nearly three-fourths of the total market revenue in 2018, and is anticipated to retain its dominance through 2026. At the same time, the reverse osmosis segment would manifest the fastest CAGR of 7.1% during the study period. The conditioning segment is also discussed in the report.
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Some ruling enterprises in the global Europe water softeners market are examined in the report along with the citation of innovative product launches by them, their collaborative undertakings & endeavors, several merges & acquisitions, and many more. The frontrunners operating in the global Europe water softeners industry include A. O. Smith Corporation, Cumulus Nederland BV, Delta WATER TECHNOLOGY, Enmetec GmbH, Hatenboer-Water BV.
Germany held the major share in 2018, generating nearly one-fourth of the total market. Simultaneously, Spain is projected to garner the fastest CAGR of 8.3% during the estimated period. The other regions analyzed in the report include Netherland, France, UK, Italy, and rest of Europe.
Major Inclusions-
- Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
- Analysis at country and regional level, which portrays the share of the product or service in different regions.
- Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
- The forecasted market outlook of the Europe water softeners market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
- The COVID-19 impact on the Europe water softeners market
- Post-sales support and free customization
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