India Water Softeners Equipment Market to be Dominated by the Salt-free Segment in the Forecast Period
Increasing
awareness of the ill effects of hard water and technological advancements are
the primary drivers of the India Water Softeners Equipment Market in the
forecast period, 2024-2028.
According to TechSci Research report, “India Water Softeners Equipment Market by Country,
Competition Forecast, & Opportunities, 2028”, the water softeners equipment market in India is projected
to exhibit a CAGR of more than 15% during 2024 – 2028. During the forecast
period, the market is expected to be driven by growth in the municipal sector's
water treatment, the chemical industry's expansion, and rising household water softener
usage. Another important reason boosting demand for water softeners Equipment in
the industrial sector is the nation's power industry's continued expansion.
Increasing residential and commercial space demand, which is developing quickly
due to increased urbanization and a growing population that has surpassed 1.3
billion in recent years, is another important driver boosting demand for water
softeners equipment.
the Fifteenth
Finance Commission (FFC) allocated 60% of the entire funds allotted for
Panchayati Raj Institutions in its report for 2021–26 for national objectives
such providing access to clean drinking water, rainwater collection, and
sanitation (PRI). For cities having a population of 498,179,071 people or more,
the Challenge Fund has set aside USD 4676.54 million, of which two-third must
be used to meet service level requirements for sanitation, solid waste
management, rainwater collection, and water recycling.
Browse over XX market data
Figures spread through XX
Pages and an in-depth TOC on "India Water Softeners Equipment Market”
India Water Softeners Equipment
market can be segmented by type, product, end use, region and competitive
landscape.
Based on product, the India water softeners Equipment
market can be segmented into salt-based
and salt-free. During the forecast period of 2024–2028, the salt-free water
softeners segment is expected to register a high CAGR, accounting for the
biggest share of the India Water Softeners Equipment Market. Salt-free water
softeners are less expensive than their salt-based equivalents, and thus are in
high demand. Additionally, they forego the use of chemicals to neutralize
calcium and magnesium pollutants in the water and soften the water in order to
prevent these contaminants from adhering to surfaces. In the long term,
maintenance is convenient and reasonably priced, and the installation procedure
is less labor-intensive. The market for salt-free water softeners is expanding
as a result of the rising demand for chemical-free water softeners. This
segment's growth is driven by an increase in the demand for safe and clean
drinking water in domestic applications.
Based on end use, the market can be segmented into
residential, commercial and industrial. The residential sector, which currently
has the largest market share in India for water softeners Equipment, is
anticipated to expand rapidly between 2024 and 2028. Due to the rising usage of
water filters in this industry, the residential segment is anticipated to grow
at the highest rate. The need for clean, safe drinking water in residential
areas is increasing, which is causing the market for water softeners Equipment to
expand. Also, the commercial sector is expanding significantly as a result of
the removal of significant amounts of calcium carbonate, magnesium, and certain
ions from hard water. Limescale buildup in commercial water systems caused by
hard water can cause plumbing issues. Its filtering procedure thereby increases
the lifespan of pipes and other appliances.
Additionally, the government has taken various
initiatives like the smart cities mission, Pradhan Mantri Awas Yojana,
Affordable housing scheme among others, due to which the demand for water
supply is expected to increase in the upcoming years. Therefore, the market for
water softeners Equipment is expected to grow in the forecast period.
Major companies operating in the India Water
Softeners Equipment Market are:
- Eco Water Solutions Technologies
Pvt Ltd
- GE Power India Limited
- ION Exchange India Ltd
- Thermax Limited
- KENT RO Systems Ltd
- Eco Crystal Pvt. Ltd
- 3M India Limited
- Eureka Forbes Ltd
- Revolve Engineers Pvt. Ltd
- AGL RO Systems & Water
Softener
Download Free Sample Report
Customers can also request for 10% free customization on this report.
“Growing public awareness of the harmful
consequences of hard water and technical improvement are the main drivers of
the market's expansion. During the forecast period of 2024–2028,
the market will face obstacles from high prices and a lack of knowledge in
rural regions regarding the advantages of water softening systems.
Additionally, during the projected period of 2024–2028, increasing disposable
income and R&D breakthroughs drive up market demand for water softeners Equipment.
Additionally, the union government has a number of water security programs,
including the Jal Shakti Abhiyan, Atal Bhujal Yojana, and Sahi Fasal, Campaign
that are anticipated to provide clean, hardness-free water to rural and urban
populations in the upcoming years. Therefore, these factors are fueling
the market growth of the India water softeners equipment market in the forecast
period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“India Water
Softeners Equipment Market By Type (Electric and Non-Electric), By Product
(Salt-Based and Salt-Free), By End Use (Residential, Commercial, and
Industrial), By
Region Competition Forecast & Opportunities, 2018-2028,” has evaluated the future growth potential of India
water softeners Equipment market and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the India water
softeners Equipment market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Web: https://www.techsciresearch.com