Europe Water Softeners Market Analysis, Trends, Opportunity, Market Size And Segment Forecasts 2019-2026
The Europe water softners industry accounted for $558.5 million in 2019 and is expected to touch $849.8 million by 2026, growing at a CAGR of 6.2% from 2019 to 2026.
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Chief reasons for market fluctuations:
Rise in population,
increase in demand for water softeners in municipalities and industries, and
surge in investment in the industrial sector have boosted the growth of
the Europe water softners market. However, the presence of
alternative water treatment methods and potential health risks for people on
low sodium diets hamper the market growth. On the contrary, surge in demand
from the developing countries and partnership between key public & private
stakeholders are expected to create lucrative opportunities in the near future.
Salt-based segment dominated the
market:
By type, the
salt-based segment held the largest share in 2019, contributing to more than
two-thirds of the Europe water softners market, owing to its ability
to remove minerals such as calcium and magnesium and rise in use of water
softeners in home. However, the salt-free segment is expected to register the
highest CAGR of 7.1% during the forecast period, as it does not contain any
chemicals to soften water and neutralize contaminants and easy to install.
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Reverse
osmosis segment to portray the fastest growth through 2026:
The reverse osmosis segment is projected to manifest the fastest CAGR of 7.1%
during the forecast period, owing to its capability to remove several dissolved
substances efficiently and produce quality water. However, the ion exchange
segment held the largest share in 2019, accounting for nearly three-fourths of
the Europe water softners market, owing to rising adoption of
softener based on ion-exchange process requirement.
Germany held the largest share:
The Europe water
softners market across Germany dominated in 2019, accounting for
nearly one-fourth of the market, due to stringent policies regarding wastewater
discharge from both industrial and municipal areas and rise in demand from
small household water treatment systems. On the other hand, the market
across Spain is projected to manifest the fastest CAGR of 8.3% from
2019 to 2026, due to use of innovative technologies.
Major market players
·
O.
Smith Corporation
·
Delta
WATER TECHNOLOGY
·
Cumulus
Nederland BV
·
Hatenboer-Water
BV
·
Enmetec
GmbH
·
LENNTECH
·
Kinetico
UK Ltd.
·
Pentair
PLC
·
Lubron
Waterbehandeling B.V.
·
SUEZ
Water Technologies & Solutions
·
Pollet
Water Group (Euraqua Europe is subsidiary)
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