Water Softeners Market Share and Size 2022 Global Industry Growth, Players Data, Recent Trends, Latest Updates, Business
Posted by Shahbaz on October 4th, 2022
According to our latest study on “Water Softeners Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type (Salt-based Water Softeners and Salt-free Water Softeners) and Application (Industrial, Residential, Municipal, and Others),” the market is expected to grow from US$ 10,255.17 million in 2021 to US$ 13,558.77 million by 2028; it is likely to register a CAGR of 4.1% from 2021 to 2028. The report highlights key factors driving the market growth and prominent players along with their developments in the market.
Hard water is undesirable in many household and industrial applications. It requires more soap and leaves a dirty scum, which is difficult to wash out. Boiling hard water leads to the deposition of calcium and magnesium salts on boilers, pipes, kettles, and radiators, which can cause blockage and reduce the efficiency, and may even result in the bursting of boilers. Water softeners are used to remove metal cations such as calcium and magnesium from hard water. They are used to break calcium and magnesium salts and replace them with other softer minerals such as sodium and potassium.
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One-fifth of the world's total use of clean water is accounted for industrial water usage, with a substantial portion of this demand coming from industrially developed countries. In addition, pharmaceuticals, food & beverages, automotive, manufacturing plants, and industries all rely heavily on clean water. Therefore, they take extra care to meet their demand for clean water by using commercial-grade water softeners. The usage of such softeners ensures clean water quality, removes any particles present, and helps in the prevention of particle build-up in pipes. For instance, hospitals require a strong and reliable water softening system to ensure access to clean and healthy water. Water softening also saves energy and resources by providing demineralized water, which is safe to drink. The food & beverages industry has its own set of requirements and water purity levels for soft drink production. Thus, the rising industrialization in emerging economies propels the growth of the global water softeners market.
Atlas Filtri, A.O. Smith Water Technologies, Culligan Italiana S.P.A, 3M, Euraqua Europe, Water2Buy, Viessmann Climate Solutions Se, Cillit, Depurchem, BWT Holding GmBH, Whirlpool Corporation, General Electric, Ecowater Systems LLC, Kinetico Incorporated, and Harvey Water Softeners Limited are among the well-established players operating in the water softeners market.
Impact of COVID-19 Pandemic on Water Softeners Market
The ongoing COVID-19 pandemic has drastically altered the status of the water softeners market and has adversely impacted its growth. The outbreak of COVID-19 has declined operational efficiency and interrupted the value chain owing to the sudden closure of national and international boundaries, thereby creating revenue loss and damage. The disruptions in the value chain have restricted the supply of raw materials, resulting in hindered growth of the market and affecting the development of the end-use markets. However, as economies are planning to revive their operations, the demand for water softeners is expected to rise globally in the coming months.
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About the AuthorShahbaz
Joined: September 26th, 2022
Articles Posted: 71
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