Point Of Entry Water Treatment Systems Market Is Expected To Reach $ 13.42 Billion By 2030


 San Francisco, 5 March 2024: The Report Point Of Entry Water Treatment Systems Market Size, Share & Trends Analysis Report By Technology (RO Systems, Filtration Methods), By Application (Residential, Industrial), By Region, And Segment Forecasts, 2024 - 2030

The global point of entry water treatment systems market size is anticipated to reach USD 13.42 billion by 2030 and is anticipated to expand at a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rise in awareness regarding water contamination due to lead, bacteria, and chemical, micro-plastic contents is expected to fuel product demand. Other factors driving product demand include growing population, strong economic growth, rising number of household constructions, increasing disposable income, and high product awareness among consumers. The increasing levels of contamination have resulted in the rising product adoption, thereby boosting industry growth. The introduction of new technologies and incorporation of the IoT in the newly launched products are also likely to contribute to market growth. For instance, In March 2023, DuPont launched DuPont Multibore PRO and PES ultrafiltration membranes.

Customers who want to reduce the distress of modules required in water purification systems can use Multibore PRO, which acts as part of a multi-technology approach to water treatment applications in various sectors. Increasing collaboration activities among industry experts and market players are facilitating the introduction of innovative products. Manufacturers are also collaborating with governments of various countries to cater to specific needs based on the water quality and presence of pollutants in the water in the region. For instance, in July 2020, DuPont Water Solutions and Kenya Integrated Water, Sanitation and Hygiene (KIWASH) formed a cooperative project in Kenya to commission the installation of a water filtration system, which will purify drinking water by removing fluoride ions.

Access Research Report of Point Of Entry Water Treatment Systems Market @ https://www.grandviewresearch.com/industry-analysis/point-entry-water-treatment-systems-market

Point Of Entry Water Treatment Systems Market Report Highlights

  • Based on technology, the reverse osmosis (RO) systems segment held a prominent share of more than 16.2% in 2023 owing to widespread awareness about the RO water treatment capabilities
  • Based on technology, the distillation systems segment is expected to grow at the lucrative CAGR over the forecast period
  • The industrial application segment held the largest market share of 48.6% in 2023. The commercial application segment is anticipated to witness the fastest growth from 2024 to 2030
  • Rising water scarcity and increasing levels of industrial, pharmaceutical, and other hazardous chemical pollutants are augmenting product adoption and installation
  • Asia pacific dominated the industry in 2023 owing to factors, such as increasing construction activities, rising health consciousness, and high awareness regarding waterborne illness
  • In December 2023, Watts formed an agreement to acquire Josam Company, a manufacturer of plumbing and drainage products. This acquisition will expand sales networks and provide increased cross-selling opportunities to the former

Point Of Entry Water Treatment Systems Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 10.17 billion

Revenue forecast in 2030

USD 13.42 billion

Growth rate

CAGR of 4.7% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

List of Key Players in the Point Of Entry Water Treatment Systems Market

  • 3M
  • DuPont
  • Pentair plc
  • BWT Holding GmbH
  • Culligan
  • Watts
  • Aquasana, Inc.
  • Calgon Carbon Corporation
  • EcoWater Systems LLC
  • GE Appliances

Access Press Release of Point Of Entry Water Treatment Systems Market @ https://www.grandviewresearch.com/press-release/global-point-entry-water-treatment-systems-market

 

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