Commercial Water Purifiers Market to Grow at CAGR 22% till 2021
Growing
demand from commercial sector coupled with increasing health awareness and
government focus to drive adoption of water purifiers in commercial
establishments.
According to TechSci Research
report “Global
Commercial Water Purifiers Market By Technology, By Region, Competition Forecast
and Opportunities, 2011 - 2021”, global commercial water
purifiers market is projected to grow at a CAGR of over 22% during 2016-2021, on
account of increasing number of restaurants, cafeterias, commercial complexes,
tea shops, fast food outlets, etc., and continuing industrial
expansion across the globe. Moreover, increasing government regulations
regarding effluent discharge and advancements in water purification
technologies aimed at improving potable water quality, reducing industrial
wastewater discharge and enhancing water treatment and recycling rates are also
expected to boost commercial water purifiers market through 2020.
Browse 31 market data Tables and 125 Figures
spread through 200 Pages and an in-depth TOC on "Global Commercial Water Purifiers
Market"
http://www.techsciresearch.com/report/global-commercial-water-purifiers-market-by-technology-uv-media-and-membrane-by-region-north-america-south-america-asia-pacific-europe-russia-middle-east-africa-competition-forecast-and-opportunities-2011-2021/665.html
Membrane based commercial
water purifiers accounted for a majority revenue share in the global commercial
water purifiers market in 2015, due to growing demand for safe and clean
drinking water in commercial establishments. Several types of membranes are
used in commercial water purifiers including microfiltration membranes,
ultrafiltration membranes, nanofiltration membranes and reverse osmosis (RO)
membranes. RO membranes dominate global membrane based commercial water purifiers
market, on account of their ability to reduce dissolved salts. Media based and
UV based commercial water purifiers are other major types of commercial water
purifiers used across the globe.
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“Asia-Pacific
accounted for around one-third of the revenue share in the global commercial
water purifiers market in 2015. Increasing awareness levels among consumers
regarding harmful effects of consumption of contaminated water and growing inclination
towards adoption of advanced water purifiers are propelling demand for
commercial water purifiers in the region. In addition, expanding office spaces,
booming tourism, and rapidly expanding retail food chains are some of the other
major factors driving the sales of water purifiers in the commercial sector.”, said
Mr. Karan Chechi, Research Director, with TechSci Research, a research based
global management consulting firm.
Asia-Pacific is
expected to continue its dominance in the global commercial water purifiers
market during 2016-2021. Overall water resources in China have declined by 12.7%
since 2000. Scarcity of water resources coupled with deteriorating water
quality is projected to boost demand for commercial water purifiers in the
country over the next five years.
Moreover, India accounts for over 15% of global population, but has only 4% of
total global water reserves. On account of rising commercial activities, and
increasing awareness about benefits of consuming safe drinking water and
harmful effects of increasing TDS level in ground and surface water, demand for
commercial water purifiers is expected to witness robust growth in both the
countries through 2021.
“Global Commercial Water Purifiers Market By Technology, By Region,
Competition Forecast and Opportunities, 2011 - 2021” has analyzed the prospective demand of water purifiers in the commercial
sector, and provides statistics and information on market sizes, shares and
trends. The report will suffice in providing the intending clients with
cutting-edge market intelligence and help them in taking sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers and key challenges faced by the industry.
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