About the Portable Water Purification Systems Market
The purpose of water-treatment is to adopt environment-friendly ways to convert used water into reusable water. The process of recycling involves the use of chemicals for the treatment of water, and if the water is exposed to these chemicals for an extended period, it can lead to heath issues. Therefore, an increase in awareness has led to the use water purification systems, which are efficient and scalable when bringing the quality of drinking water up to that of bottled water.
Technavio’s analysts forecast the global water purification systems market to grow at a CAGR of 9.92% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global water purification systems market for 2016-2020. The revenue calculation is based on the technologies that help the point of use water purification systems that brings water to tap water quality and excludes handheld water purifiers. The technologies included are as follows:
Technavio Announces the Publication of its Research Report – Global Portable Water Purification Systems Market 2016-2020
Technavio recognizes the following companies as the key players in the global water purification systems market: GE Water, Pall, RWL Water, Veolia, and Watts Water Technologies.
Other Prominent Vendors in the market are: 3M, Brita, Clack, Culligan, Degremont, EcoWater, Eureka Forbes, EVOQUA, First water, Pentair, PureAqua, and WOGgroup.
Commenting on the report, an analyst from Technavio’s team said: “One trend that has had a big impact on market growth is the depletion of fresh water resources. There have been numerous instances of severe groundwater depletion, which have occurred in several regions such as South and Central Asia North America, Australia and the Middle East. For example, in the Ogallala aquifer in the US, water levels have fallen to such a low level that the wells no longer can generate water. In India, the per capita average of annual freshwater availability has been reducing, but the water demand from the other sectors is expected to increase during the same period.”
According to the report, a key growth driver is increasing health concerns. Microbial contaminants like bacteria that is present in the drinking water affect millions of people every year. For instance, consuming unsafe water causes 4 billion cases of diarrhea, resulting in 2.2 million deaths globally. Most of these deaths are children under the age of five. This means that 15% of the children’s death is due to diarrhea alone. This can be avoided if routine disinfection of the water supply is carried out.
Further, the report states that one challenge that could curtail market growth is the increased preference for bottled water.
GE Water, Pall, RWL Water, Veolia, Watts Water Technologies, 3M, Brita, Clack, Culligan, Degremont, EcoWater, Eureka Forbes, EVOQUA, First water, Pentair, PureAqua, WOGgroup.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook