According to a recent report by Reports and Data, the global Industrial 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 Profiled Companies in the Global Industrial Water Filters Market Report:
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.
Restraining Growth of Industrial Water Filters Market
- Lack of awareness: Many people are not aware of the benefits of using water filters, and some may not be willing to invest in them due to the perception that they are not necessary. This lack of awareness could limit the growth of the market.
- High maintenance costs: Some water filters require regular maintenance and replacement of filters, which can be expensive. This could discourage some people from investing in water filters, limiting the market's growth.
- Competition from bottled water: The popularity of bottled water may limit the growth of the Industrial Water Filters Market. Some people may opt to buy bottled water instead of investing in water filters, especially if they are not aware of the environmental impact of single-use plastic bottles.
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 Industrial 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 Industrial Water Filters Market.
- Elaborate study of the leading regional markets in the global Industrial Water Filters Market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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