According to a recent report by Reports and Data, the global water filters market is expected to achieve a valuation of USD 23.31 Billion by 2030. The market is experiencing rapid growth worldwide, primarily due to the surge in waste disposal into rivers and the increasing regulations for safe drinking water by various regulatory bodies globally. The technology is becoming increasingly affordable, and many households in both developed and developing countries are adopting it.
In 2021, the Municipal segment held the largest market share of 22.5%. This is due to the fact that municipal corporations prioritize safeguarding their water supplies to ensure safe drinking and other usage for the inhabitants of major cities and urban areas. To achieve this, they employ various filtration techniques and follow strict safety protocols for their supplied water.
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Top Companies and Competitive Landscape:
Mann-Hummel, Veolia, Suez Water Technologies & Solutions, Kent RO Systems Ltd., Pentair Plc, Mitsubishi Rayon Cleansui Co., EcoWater Systems LLC., Ion Exchange, EvoQua Water Technologies, Eaton Corporation.
Driving factors of Water Filters Market
· Growing concerns over waterborne diseases: With increasing awareness about the health risks associated with consuming contaminated water, there is a growing demand for water filters that can effectively remove impurities and bacteria from drinking water.
· Increasing urbanization and industrialization: Rapid urbanization and industrialization have led to an increase in water pollution levels, which has resulted in a greater need for water filtration solutions to ensure the availability of clean drinking water.
· Government regulations: Stringent government regulations regarding water quality and the need to comply with these regulations have led to increased demand for water filters in both residential and commercial settings.
· Technological advancements: Technological advancements in water filtration systems have made them more efficient, cost-effective, and user-friendly, driving their adoption in homes, offices, and industries.
Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Further market segmentation
Filter Outlook (Revenue, USD Billion; 2019 – 2030)
- Single & Dual Media Filter
- Multi-Media Filtration
- Activated Carbon Filtration
- Ultra-Filtration
- Strainer Cartridge
- Others
Technology Outlook (Revenue, USD Billion; 2019 – 2030)
- Gravity Purifiers
- RO Purifiers
- UV Purifiers
End-use Vertical Outlook (Revenue, USD Billion; 2019 – 2030)
- Municipal
- Industrial
- Food & Beverages
- Chemicals & Petrochemicals
- Oil & Gas
- Pharmaceuticals
- Others
- Others
Key Takeaways of the Global Water Filters Market Report:
· A comprehensive overview of the global Water Filters industry.
· Accurate market projections in terms of market size, share, and volume.
· Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
· Deep-dive analysis of the upcoming market trends.
· Qualitative and quantitative analyses of the global Water Filters market.
· Elaborate study of the leading regional markets in the global Water Filters market.
· Complete overview of the market’s competitive landscape.
· Brief look at the company profiles and portfolios.
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