Market Overview:
The intensifying demand for soft water owing to industrialization, Rapid urbanization and an increasing amount of hard water leading to surging demand for water softener equipment in residential areas is expected to boost the Global Water Softener market in the forecast period. Water Softener is a filtration unit which is used for conversion of hard water to soft water by removing excess calcium and magnesium present in the water. The processes involved in the filtration process are ion exchange, distillation and reverse osmosis. The market is based out on the areas where there is a presence of hard water. Water softener in the home reduces greenhouse gases and chlorine content, also removes odour with good efficiency is anticipated to boost the market.
The Global Water Softeners market is expected to see growth rate of 5.0% and may see market size of USD1610.2 Million by 2030,. Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | 3M (United States), A.O. Smith Water Technologies (United States), BWT Aktiengesellschaft (Austria), Culligan International Company (United States), EcoWater Systems LLC (United States), Pentair Residential Filtration LLC (United States), Feedwater Limited (United Kingdom), Fleck Systems (United States), Harvey Water Softeners Limited (United Kingdom), Kinetico Incorp. (United Kingdom), Marlo Incorp. (United States), Monarch Water Limited (United Kingdom), Pelican Water Systems (United States), Qingdao Haier Co., Limited (China), Watts Water Technologies Inc., (United States), Evoqua Water Technologies (United States) and Whirlpool Corp. (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Manufacturers of Water Softeners Market Study:
3M (United States), A.O. Smith Water Technologies (United States), BWT Aktiengesellschaft (Austria), Culligan International Company (United States), EcoWater Systems LLC (United States), Pentair Residential Filtration LLC (United States), Feedwater Limited (United Kingdom), Fleck Systems (United States), Harvey Water Softeners Limited (United Kingdom), Kinetico Incorp. (United Kingdom), Marlo Incorp. (United States), Monarch Water Limited (United Kingdom), Pelican Water Systems (United States), Qingdao Haier Co., Limited (China), Watts Water Technologies Inc., (United States), Evoqua Water Technologies (United States) and Whirlpool Corp. (United States)
Water Softeners Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Residential, Commercial and Industrial |
Type | Salt Based Water Softeners and Salt Free Water Softeners |
Capacity | 32,000,40,000,64,000,80,000,96,000,110,000,120,000,210,000,300,000,450,000,600,000,900,000,>1,200,000 |
Industrial Applications | Food processing units,Textile,Chemical,Oil & Gas,Refineries,Others |
The Salt Based segment is expected to command the largest share of the Global Water Softeners market The Residential segment is expected to command the largest share of the Global Water Softeners market
Influencing Trend:
Introduction of smart water softeners by key manufacturers. and New product innovations and increasing demand for safe water in residential buildings.
Market Growth Drivers:
Increasing awareness over ill effects of hard water usage, Usage of IoT in developing countries for water softener market and Rising investment in Research and Development of water softener technology resulting in more efficient and less resource consuming water softeners
Challenges:
The threat of using soft water softener systems on the environment is posing a challenge for this market., Alternatives used for softening water like chemical filters and Installation cost of water softener system.
Restraints:
Less awareness about water softeners, purification, and filtering process to rural consumers, in turn, preferring substitute methods (cloth straining, boiling, chlorinating, slow sand filtration, ceramic filters) and Rural spending on water softening systems is less as compared to urban spending may hamper the growth of the market.
Opportunities:
Rising construction activities, expanding industrial activities have generated improved demand for water purification systems for treating water supply which in turn is providing opportunity for these market players.
Some of the other players that are also part of study are Axel Johnson (United States), Canature (Canada), Hague Quality water (United States) and Ion Exchange India (India). The Global Water Softeners market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
On September 2018, A.O Smith became primary water treatment product supplier brand at Lowe’s the United States home and A. O. Smith has also provided merchandising support through new branded displays and improved online experience, including a product selector tool on AOSmith at Lowes.com, to help customers determine the right product for their needs.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Water Softeners market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Water Softeners market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Water Softener Manufacturers, Government and Regulatory bodies, Venture Capitalists and Intermediaries.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.