Water Softening Systems Market Current Market Status, Trends, Types, Major Companies to Reach USD 4.6 Bn by 2031
Water Softening Systems Market Industry Overview by Size, Share, Revenue, Future Growth, Development, Top Key Players Analysis and Forecast to 2031
PORTLAND, OR, UNITED STATES, May 16, 2023 /EINPresswire.com/ — Water softening systems are devices or equipment used to remove or reduce the concentration of minerals, particularly calcium and magnesium ions, from water. Hard water, which contains high levels of these minerals, can cause various issues such as scale buildup, decreased efficiency of appliances, and reduced lathering of soaps and detergents. Water softening systems help address these problems by replacing the calcium and magnesium ions with sodium or potassium ions through a process known as ion exchange.
Major determinants of the market growth
Rise in investments in water treatment plants and surge in environmental concerns among consumers along with increase in water treatment rules and regulation have boosted the growth of global water softening systems market. In addition, developments in water treatment technology and awareness regarding sustainability are expected to open new opportunities.
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The water softening systems market size was valued at $2.6 billion in 2021, and is estimated to reach $4.6 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.
The salt-based ion exchanged softeners segment to manifest the highest CAGR through 2031
By softener type, the salt-based ion exchanged softeners segment is estimated to portray the highest CAGR of 5.9% during the forecast period. Moreover, the segment held the largest share in 2021, accounting for more than two-thirds of the global water softening systems market, owing to salt-based water softeners surpass salt-free systems in terms of removing hardness-causing minerals from water. The report includes analysis of the salt-free water softener segment as well.
The twin cylinder segment dominated the market:
By type, the twin cylinder segment held the largest share in 2021, contributing to more than three-fifths of the global water softening systems market. In addition, the segment is projected to manifest the highest CAGR of 5.9% during the forecast period, owing to twin tank water softeners offer two cylinders that soften water independently. The report includes an analysis of the mono cylinder segment.
Europe held the lion’s share
By region, the market Europe held the largest share in 2021, accounting for around one-third of the market. This is due to rise in population, increase in demand for water softeners in municipalities and industries. However, the global water softening systems market across Asia-Pacific is expected to register the highest CAGR of 6.4% during the forecast period, owing to potential in the developing countries such as India and Japan to expand their water softener operations in residential and non-residential sectors.
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Top Players:
Water softening systems come in various sizes and types to accommodate different water hardness levels and household or commercial needs. It is recommended to consider factors such as water usage, regeneration frequency, and maintenance requirements when selecting a water softening system. Additionally, local water quality and regulations should be considered to ensure compliance and optimal performance of the system.
It’s important to note that while water softening systems effectively remove minerals that cause hardness, they may increase the sodium or potassium content in the water. This can be a consideration for individuals on low-sodium or low-potassium diets. There are alternative water treatment methods, such as reverse osmosis or selective ion exchange, that can mitigate this concern.
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