Water Treatment Systems Market Growing at a CAGR of 7.56% During Forecast Period 2020-2025


Posted October 5, 2020 by rohitkurup99

Water is an essential constituent in the food and beverage industry. It is being used for cleaning raw materials and for the formulation of food and beverage products

 
Water Treatment Systems Market size in 2019 is estimated to be $5.85 billion and is projected to grow at a CAGR of 7.56% during the forecast period 2020-2025. Water is an essential constituent in the food and beverage industry. It is being used for cleaning raw materials and for the formulation of food and beverage products. Water scarcity and rising demand for water are increasing the demand for cost-effective water treatment technologies. Increased efforts from regulatory bodies to conserve and recycle water is also contributing to the growth of this market.



Key Takeaways
Increasing demand for water treatment in the food and beverage industry to remove bacteria, brine and other contaminants, is a major factor driving the water treatment systems market.
The high cost of water treatment equipment is a major factor limiting the growth of the market during the forecast period 2020-2025.
By region, Asia Pacific accounts for a major share of the Water Treatment Systems Market, in 2019.
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 Geography- Segment Analysis
In 2019, APAC accounts for 36% of the Water Treatment Systems Market share by region. The increasing population along with the growing demand for fresh drinking water is a major factor propelling its market growth. Also, growing health concerns and strict government regulations to purify water from cleaning raw materials to implementing recipes is a major factor driving the market in that region.




Drivers –Water Treatment Systems Market 


Increased focus on preventing food or beverage contamination
Enhanced Taste and Clarity of Beverages 


Water Treatment Systems Industry Outlook
Product launches, mergers and acquisitions, and joint ventures are key strategies adopted by players in this market. Water Treatment Systems top 10 companies are Global Water Solution Ltd, Unilever PLC, EcoWater Systems, A.O. Smith, Koninklijke Philips N.V., 3M, Watts Water Technologies Inc., Aquasana Inc., Pelican Water Systems, and General Electric Company.


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Issued By rohitkurup99
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Categories Business , Manufacturing , Reports
Tags water treatment systems market , water treatment systems market forecast , water treatment systems market growth , water treatment systems market share , water treatment systems market size
Last Updated October 5, 2020