Global Water Softening Systems Market Size Envisaged to Reach USD 5.79 Billion By 2032, Growing at 6.2% CAGR: Polaris Market Research
NEW YORK, Nov. 21, 2023
NEW YORK, Nov. 21, 2023 /PRNewswire/ -- A latest research report [110+] pages with 360-Degree visibility, titled "Water Softening Systems Market Share, Size, Trends, Industry Analysis Report, By Softener Type (Salt-Based Ion Exchange Softener, Salt-Free Water Softener); By Type; By Operation; By Application; By Region; Segment Forecast, 2023 - 2032" published by Polaris Market Research in its research repository.
"According to research report, the global water softening systems market size/share was valued at USD 3.17 Billion in 2022 and is expected to touch USD 5.79 Billion By 2032, growing at a CAGR of 6.2% during the forecast period."
What is Water Softening Systems? How Big is Water Softening Systems Market Share?
A water softener is a whole house filtration system that detaches hardness generating calcium and magnesium minerals from the eater through a procedure known as ion exchange. The rapidly rising demand for the water softening systems market can be attributed to the rising occurrence of hard water, which creates havoc on modern home. Scale accumulates in the pipes, clogging them and reducing water pressure. The anions of the resin beads have a negative charge and the calcium and magnesium minerals have positive charge making them cations. As opposites attract, the negative charge of the minerals is allured to the positive charge of the resin beads. As the hard water progresses through the resins, the beads grasp a hold of mineral ions and detach them from the water.
Contemporary advancements in water treatment technologies and a thrust towards sustainability are anticipated to generate notable growth opportunities for the market during the forecast period. Additionally, differences in industrial filtration, equipment, and water treatment procedures majorly propelled by the water treatment sector, and escalation in automation are anticipated to propel the market expansion. For instance, a handful of advancements such as salt free water softeners are presently entering the market.
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Market's Key Understanding from the Report
- Growing health awareness amongst consumers is pushing the demand for water softening systems as they are displaying health concerns because of the usage of hard water in everyday life.
- The water softening systems market segmentation is primarily based on softener type, type, operation, application, and region.
- North America dominated the largest market share in 2022.
Market Growth Drivers and Trends
- Water softening systems assist in several fields by prohibiting the flow of bulky minerals in water. They productively soften water to guarantee its obtainability in domestic, professional, and industrial locale for an assortment of uses. The water softening systems market size is expanding as these systems are important for conserving efficacy and potency covering a variety of industries and everyday life, whether it is expanding the duration of equipment, improving industrial procedures, or improving water quality in households. Due to the several benefits of water softener systems in personal care, such as the capacity to help in unsoiled hair and softer skin and lessen the amount of time disbursed on cleaning, they are fuelling demand for the market. Increasing product inventions in the market are pushing product expansion. Firms are expecting to engage consumers with their productive marketing policies. It is sanctioning consciousness about the product amidst abroad gamut of people. Firms assist end users in answering consumer interrogations with technological progressions. These advancements are pushing consciousness amongst consumers with convenient junctures blended by prominent market players.
- The construction of contemporary residential and commercial buildings frequently includes water softening systems as a segment of framework to improvise water quality. The water softening systems market sales are soaring as several industries including food and beverage, pharmaceutical and manufacturing need softened water for their procedures stimulating demand for commercial and industrial water softening systems. Additionally, growing consciousness about the pitfalls of hard water is pushing the requirement for water softening systems. It causes the advancements of soap dirt, cloudy blemishes, blocked pipes, dry skin, brittle hair, faded clothes, and corroded and worsening instruments. Water softening systems are becoming important to fight the downsides of hard water in households and industries.
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Prominent Players in the Market
- AO. Smith
- EcoWater Systems
- Morton Salt
- Nuvo H2O
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Market value in 2023
USD 3.36 Billion
Market value in 2032
USD 5.79 Billion
6.2% from 2023-20302
Significant Segmental Breakdown
- Salt-based ion exchange softener segment is anticipated to witness the fastest market during the forecast period
Based on softener type, the salt-based ion exchange softener segment is anticipated to witness the fastest market during the forecast period due to its capacity to detach magnesium and calcium ions by restoring them with sodium ions. The water softening systems market demand is on the rise due to escalated consumer normality linked with this softener over the past few years, which is pushing the demand for softener in the coming years. Salt based softeners are frequently a cost effective alternative for handling water hardness particularly for residential consumers. The system's primary cost and future preservation price is usually accessible pushing its demand in the forecast period.
- Twin tank cylinder segment accounted for the largest market share
Based on type, the twin tank cylinder segment accounted for the largest market share. The water softening systems market trends include these tanks being outlined with two resin tanks, easing the concurrent operation of water softener systems while one tank is in service approach and the other is in renewal. Twin tank cylinders are more productive than single tank softeners as an outcome of their capacity to soften water perpetually all through the day. It is appropriate for people who opt for economical as these tanks operate successfully for salt and water usage. Further, these tanks require less preservation in juxtaposition to single tank cylinders as twin tank cylinders encounter renewal seldom due to reduced wear and tear, a prolonged service life, and a handful of preservation issues.
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- North America: This region held the largest water softening systems market share due to escalating electricity intake. The amount of energy utilized in the US in 2022 was approximately 4.05 trillion kWh, which broke all the records and was 14 times higher than electricity utilization in 1950. Escalating energy prices are pushing the requirement for water softening systems as they lessen energy usage and power intake by lessening the advancement of scale in electrical instruments such as water heaters.
- Europe: This region is forecast to be the fastest growing due to growing consciousness of health concerns because of the hard water. As per the bathing water report published in 2021, approximately 85% of bathing water landing places covering Europe met the water standard for outstanding bathing areas. It will additionally push the demand for the market by households and firms to tackle water quality issues and increase water quality standards in the region.
Browse the Detail Report "Water Softening Systems Market Share, Size, Trends, Industry Analysis Report, By Softener Type (Salt-Based Ion Exchange Softener, Salt-Free Water Softener); By Type; By Operation; By Application; By Region; Segment Forecast, 2023 - 2032" with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/water-softening-systems-market
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- In March 2023, Phyn, a company that deals with water monitoring solutions, partnered with the largest producer of water softeners, EcoWater Systems, to expand its smart water monitoring systems in North American dealer networks through EcoWater.
What can the Report Help you Find?
- Who are the key companies in the water softening systems market?
- What is the CAGR estimated to be calculated for the water softening systems market growth?
- What are the key segments covered?
- What are the key driving factors in the market?
- What will be the market value estimated by the end of the forecast period?
Polaris Market Research has segmented the water softening systems market report based on softener type, type, operation, application and region:
Water Softening Systems, Softener Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Salt-Based Ion Exchange Softener
- Salt-Free Water Softener
Water Softening Systems, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Water Softening Systems, Operation Outlook (Revenue - USD Billion, 2019 - 2032)
Water Softening Systems, Application Outlook (Revenue - USD Billion, 2019 - 2032)
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About Polaris Market Research:
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