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Water Treatment Systems Market to Witness Steady Growth at 7.1% CAGR During The Forecast Period: Grand View Research Inc.
by sonali_86 · December 17 Wholesale Chris Carson Jersey , 2018
r technology, the market can be categorized into filtration, disinfection, and reverse osmosis systems. In 2016, distillation systems was valued at USD 3.98 billion and is anticipated to display strong growth during the forecast period. The disinfection methods segment was estimated to be worth USD 3.60 billion in 2016. These methods utilize ultraviolet light, ozone Cheap Frank Clark Jersey , chloramines, chlorination, and chlorine dioxide. The filtration method segment held around 17.7% of overall market share owing to lower manufacturing costs.

Based on application, the market for water treatment systems can be bifurcated into residential and non-residential The non-residential segment is projected to rise at the fastest CAGR of 7.6% during the forecast period. The segment comprises commercial establishments, educational institutions, industrial units Cheap Jarran Reed Jersey , and healthcare and recreational facilities. . The residential segment is likely to expand at a CAGR of 5.8% during the forecast period in terms of revenue. Growth in residential construction across the world is anticipated to propel this expansion.

Browse more reports of this category by Grand View R ographically, the market can be divided into North America, Europe, Asia Pacific, Central and South America, and Middle East and Africa. Asia Pacific is anticipated to dominate over the projected period owing to economic growth of China driven by massive rise in investments in technology and research. Significant changes in water supply and hygiene scenario owing to challenges such as water pollution Cheap Germain Ifedi Jersey , contamination, and scarcity are anticipated to further boost the demand. In 2016, India was one the leading markets for water treatment systems owing to large-scale water contamination and population explosion. The India market is expected to reach USD 3.64 billion over the forecast period.
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