Exploring Commercial Water Purification Market Opportunity, Latest Trends, Demand, and Development By 2030- MarkNtel Advisors
According to Markntel Advisors Report, Commercial Water Purification Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
A commercial water purification system is a
specialized water purification system designed for use in commercial and
industrial settings to ensure the delivery of clean, safe, and high-quality
water for various purposes. These systems are employed in institutions,
businesses, and industries where the demand for purified water is significant.
Global Commercial Water
Purification Market Research Report & Summary:
The Global Commercial Water Purification Market size is estimated to grow at a CAGR
of around 7.5% during the forecast period, i.e.,
2024-30.
Time Period
Captured in the Report:
·
Historical
Years: 2019-22
·
Base
Years: 2023
·
Forecast
Years: 2024-2030
Who are the Key Players Operating in the Commercial
Water Purification Market?
The top
companies of the Commercial Water Purification Market ruling the industry
are:
Culligan
International, Ecolab Inc., Pentair plc, Evoqua Water Technologies, Corp.,
Lanxess, A.O. Smith, Marlo Incorporated, Kinetico Incorporated, Xylem, EcoWater
Systems LLC. DuPont de Nemours, Inc., Toray Membrane USA, Inc. (TMUS), Axeon
Water Technologies, Applied Membranes, Inc., and others
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Commercial
Water Purification Industry Recent Development:
·
2022: Culligan International (“nCulligan”), and
Waterlogic Group Holdings (“Waterlogic”), a
global designer, manufacturer, distributor, and service provider of purified
drinking water dispensers, completed their transaction to combine, creating a
leader in clean and sustainable drinking water solutions and services.
The Commercial Water Purification Market
explores the industry by emphasizing the growth parameters and categorizes
including geographical segmentation, to offer a comprehensive understanding of
the market dynamic. The further
bifurcations are as follows:
-By Product Type
-Carbon- Market Size & Forecast 2019-2030, USD Million
-Membrane- Market Size & Forecast 2019-2030, USD Million
-Ion Exchange- Market Size & Forecast 2019-2030, USD Million
-Softeners- Market Size & Forecast 2019-2030, USD Million
-Housing- Market Size & Forecast 2019-2030, USD Million
-Pumps- Market Size & Forecast 2019-2030, USD Million
-Sediment Filter- Market Size & Forecast 2019-2030, USD Million
-Tanks- Market Size & Forecast 2019-2030, USD Million
-Valves- Market Size & Forecast 2019-2030, USD Million
-By Type
-System- Market Size & Forecast 2019-2030, USD Million
-Consumables- Market Size & Forecast 2019-2030, USD Million
-By End User
-Hospitality- Market Size & Forecast 2019-2030, USD Million
-Food Service- Market Size & Forecast 2019-2030, USD Million
-Healthcare- Market Size & Forecast 2019-2030, USD Million
-Educational Institutions- Market Size & Forecast 2019-2030, USD
Million
-Commercial Offices- Market Size & Forecast 2019-2030, USD Million
-Entertainment Venues (Shopping Malls, Retail Centers, Fitness Centers,
etc.) - Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia Pacific
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Market Dynamics -Global Commercial
Water Purification Market:
Increasing Prevalence of
Waterborne Diseases – Waterborne diseases have been observed to
cause a large number of deaths. According to the World Health Organization,
there are 9 million cases of typhoid fever annually, resulting in about 110,000
deaths per year. This has led consumers to gradually incline toward the
installation of water purifiers across their commercial places to prevent
themselves from waterborne diseases like Cholera, Dysentery, Typhoid, etc.
Furthermore,
gallons of treated water get polluted by various microbes like bacteria, algae,
etc., due to severe issues in water distribution systems. Thus, the need for
water purification became necessary to prevent waterborne diseases, which is
projected to enhance the demand for the Global Commercial Water Purification
Market in the upcoming years.
High Replacement Cost of
Pollutant Filters Impedes Market Growth – The filters used in
water purification systems often need to be replaced periodically to maintain
their effectiveness. High-quality filters to remove specific contaminants and
pollutants can be expensive. The monthly maintenance and replacement of filters
require high costs, which impedes market growth. Therefore, consumers shift
toward other alternatives, such as packaged drinking bottles, which are low in
cost and free from pollutants and contaminants.
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MarkNtel Advisors is a leading consulting, data
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institutions, governments, and individuals, among others.
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many years and have conducted multi-industry research across 80+ countries,
spreading our reach across numerous regions like America, Asia-Pacific, Europe,
the Middle East & Africa, etc., and many countries across the regional
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and several others.
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