Rise in Industrial Activities to Positively Impact Water Softening...

Rise in Industrial Activities to Positively Impact Water Softening Systems Market Growth

Posted 2024-03-28 19:07:20

Market Overview

The global water softening systems market is predicted to grow at a 6.65% CAGR between 2023- 2030, and projected to grow from USD 1.92 Billion in 2022 to USD 3.23 billion by 2030 states the recent Market Research Future (MRFR) analysis. Water softeners work via reducing the levels of magnesium and calcium by filtering the water using zeolite or resin, a beadlike substance that is covered with sodium ions that are positively charged. A water softening system has various industrial, commercial, and residential applications.

The water softening systems market is a segment of the water treatment industry focused on providing solutions to remove hardness-causing minerals, such as calcium and magnesium, from water. Water hardness can lead to various issues like scale buildup in pipes and appliances, reduced efficiency of water heaters, and decreased effectiveness of cleaning agents. Water softening systems aim to address these challenges by treating hard water and delivering softened water for residential, commercial, and industrial applications.

Various factors are propelling the global water softening systems market share. According to the recent MRFR report, such factors include growth in industrial and commercial sectors, on-going smart city projects, growing health concerns among consumers, rising consumption of water worldwide, an increase in world population, and a rise in industrial activities.

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Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global water softening systems market based on sales channel, application, flow rate, and type.

· By type, the global water softening systems market is segmented into salt-free and salt-based. Of these, the salt-based segment will lead the market over the forecast period.

· By flow rate, the global water softening systems market is segmented into above 90 GPM, 60 GPM to 90 GPM, 30 GPM to 60 GPM, and 05 GPM to 30 GPM. Of these, the 05 GPM to 30 GPM segment will dominate the market over the forecast period.

· By application, the global water softening systems market is segmented into industrial, commercial, and residential. Of these, the residential segment will spearhead the market over the forecast period.

· By sales channel, the global water softening systems market is segmented into offline and online. Of these, the offline segment will have a major share in the market over the forecast period.

Water Softening Systems Market Leading Regions

Regionally, the global market of water softening systems has been studied among four major regions such as Europe, North America, Asia-Pacific, and the rest of the world.

The market of water softening systems in North America held the largest market share, owing to the elevated awareness about the benefits of consuming soft water and rising installation of water softening systems.

Key Players

· Qingdao Haier Co., Ltd (China)

· Monarch Water Ltd. (UK)

· Marlo Incorporated (US)

· Pelican Water Systems (US)

· Harvey Water Softeners Ltd (UK)

· Wychwood Water Systems Ltd (UK)

· Watts Water Technologies Inc. (US)

· Feedwater Limited (UK)

· Pentair Residential Filtration LLC (UK)

· Culligan International Company (US)

· BWT Aktiengesellschaft (Austria)

· EcoWater Systems LLC (US)

· A.O. Smith Water Technologies (US).

Water Softening Systems Industry Developments

March 2021 Water Softening Systems Industry Developments:

· Watts Water Technologies' Water System Installation in Vietnam:

Watts Water Technologies, a global provider of water quality solutions, partnered with the Planet Water Foundation for its annual Project 24 initiative. Together, they installed an integrated water system in Da Nhim Commune, Lam Dong, Vietnam. The project involved the construction of an AquaTower water filtration system at Da Nhim Primary School, providing clean and safe drinking water and handwashing facilities for students and their families. This collaboration aimed to improve access to clean water and promote better hygiene practices in the community.

· Kinetico Incorporated's Collaboration with Mike Holmes for Cleaner Water:

Kinetico Incorporated, a renowned developer of high-quality water systems, announced a collaboration with Mike Holmes, a professional builder and constructor. As part of the "Holmes-approved goods" family, Kinetico and its independent dealers joined forces with Mike Holmes to raise awareness about the importance of cleaner water softening systems. This collaboration aimed to highlight the significance of water quality and promote the use of reliable and effective water softening solutions for better water treatment.