Global Residential Water Treatment Equipment Market 2016-2020

Market overview of the residential water treatment equipment

Technavio’s market research analyst predicts the global residential water treatment equipment market to grow at a CAGR of close to 16% between 2016 and 2020.  Wastewater treatment is gaining importance owing to the shrinking water resources globally, where more municipalities are considering it a viable alternative to address water scarcity problems. The rapidly surging industrial and environmental pollution across the globe is fueling the requirement for water treatment equipment, coupled with the increased awareness about drinking water quality and health. In several developing countries, over 70% of the industrial waste is discharged without treatment, which contaminates the existing water supplies. Moreover, with the growing threat of groundwater depletion, residents are procuring water from water suppliers; however, are wary about the quality of water supplied and tend to use water treatment equipment, such as POU or POE, as a treatment strategy to ensure safe drinking water. The rising concerns over waterborne diseases and other risks and detrimental effects of hard water will lead to further growth of the residential water treatment equipment market by 2020.

Several voluntary national standards across various countries such as NSF/ANSI in the UShave launched lowest requirements for the performance and safety of products that are used to treat residential drinking water and issue standard certifications to manufacturers. For instance, General Electric's GXWH04F Standard Flow Whole House Filtration System is NSF/ANSI certified to decrease silt, dirt, rust, and sand in the water. These certifications aid manufacturers gain consumer confidence and increase their brand value. Moreover, contemporary water treatment equipment like water filters and water purifiers, are equipped with innovative features such as green RO encapsulated membrane and Fleck 5800 valve series that will augment the use of water treatment appliances in the market in the coming years.

Competitive landscape and key vendors

The existence of several vendors in the global residential water treatment equipment makes it extremely fragmented and competitive. Owing to the wide availability of varied water treatment chemicals such as biocides and disinfectants, coagulants and flocculants, deformers, inhibitors, and deforming agents, pH adjusters, and softeners, the market holds a huge scope for development in the coming years. This has prompted the entry of new players in the market because of the rising demand for safe and clean water. Moreover, many leading players are investing in R&D to build their credibility and improve solutions in terms of user-friendliness and functionality of their products. With the competitive scenario becoming more intense in the market, vendors need to plan and effectively adapt to the local water environment, overall market situation and end-user requirements to strengthen their market position.

Leading vendors in the market are -

• 3M
• EcoWater Systems
• General Electric
• Mitsubishi Rayon
• Pentair

Other prominent vendors in the residential water treatment equipment market include Affordable Water Treatment, Bergerson-Caswell, Brita, Coway, Eureka Forbes, Hyflux, Kent RO Systems, Koninklijke Philips, KITZ MICRO FILTER, Kurita Water Industries, LG, Litree, May Supply, Norlen's Water Treatment, OSG, Ozone Pure Water, Panasonic, Pargreen Process Technologies, Pure Water Technology, Safe Water Technologies, Thermax, Water-Right, and Whirlpool.

Segmentation by product type and analysis of the residential water treatment equipment market

• POU
• POE

The point-of-use (POU) segment dominated the market and accounted for the highest market shares during 2015. POU water treatment systems treat water for drinking and cooking purposes. POU equipment comprises under the sink, countertop, and faucet mount systems. They are compact, lower-capacity systems installed at single water connections, especially under the bathroom or kitchen sink. The purified water from POU systems is ideally apt for light use applications because of the low-volume production capacity. The RO POU systems generate potable water of the highest quality.

Geographical segmentation and analysis of the residential water treatment equipment market

• Americas
• APAC
• EMEA

APAC dominated the residential water treatment equipment market during 2015 and will likely grow significantly over the next four years. China and India will occupy for the largest market shares throughout the predicted period. Consumers in the region are concerned about water pollution and inferior tap water quality and are opting for independent solutions to secure a safe source of water. They are using equipment that is more advanced and premium like RO and UV filtration technologies, which will be a key driving force in the growth of the market in APAC during the forecast period, especially in terms of value sales.

 Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global residential water treatment equipment market?
• What are the key market trends impacting the growth of the global residential water treatment equipment market?
• What are the challenges to market growth?
• Who are the key vendors in the global residential water treatment equipment market?
• What are the market opportunities and threats faced by the vendors in the global residential water treatment equipment market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global residential water treatment equipment market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Residential Drinking Water Treatment Equipment Market 2016-2020
• Global Commercial Water Treatment Equipment Market 2016-2020
• Global Portable Water Purification Systems Market 2016-2020
• Global Packaged Wastewater Treatment Market 2016-2020