Growing demand for clean and potable water globally due to rapid industrialization & urbanization and spiraling growth in food processing plants, chemical producers, textile manufacturers, and refineries would propel the growth of the global water softener market. Salt-based water softener segment is likely to dominate and salt-free water softener segment to register the fastest growth through 2025. North America would accrue the highest revenue and Asia-Pacific is likely to grow the fastest through 2025.
Allied Market Research published a report, titled, “Water Softeners Market by Type (Salt-based and Salt-free Water Softeners) and End Use (Residential, Industrial, and Municipal): Global Opportunity Analysis and Industry Forecast, 2018-2025”. The report offers extensive analyses of the key winning strategies, industry dynamics, market size & estimations, competitive landscape, and top investment pockets. As per the report, the global water softeners market garnered $2.05 billion in 2017, and is estimated to reach $3.57 billion by 2025, growing at a CAGR of 7.1% from 2018 to 2025.
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The salt-based water softener segment contributed more than two-thirds of the total market revenue in 2017 and would continue its dominance through 2025, as salt-based water softeners in homes to prevent health ailments like eye and skin irritation and hair fall, increase lifespan of fabric, avoid stains on faucets, fixtures, and taps, and extending shelf life of water-utilizing appliances. However, the salt-free water softener segment is projected to register the fastest CAGR of 8.0% from 2018 to 2025 because these products are cheaper than salt-based counterparts and do not require purging of chemicals to soften water and neutralize contaminants.
Some ruling enterprises in the global 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 water softeners industry include Culligan International Company, Kinetico UK Ltd., NuvoH2O, LLC, US Water System, Inc., and Ecowater System, LLC.
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Increasing applications of advanced water softening instruments in residential, commercial and industrial sectors, and high awareness of the benefits of consuming soft water. Nevertheless, the Asia-Pacific market would grow at the highest CAGR of 8.5% through 2025 due to proactive measures undertaken by the government to improve access to fresh water, increase in foreign direct investments in commercial and residential infrastructure, and rapid proliferation of the industrial sector.
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 water softeners market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
- The COVID-19 impact on the water softeners market
- Post-sales support and free customization
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