The process of removing calcium, magnesium, and certain other metal cations from hard water is known as water softening. Any container, instrument, material, or chemical plant used to remove calcium ions, magnesium ions, and other metal cations from hard water to convert it to soft water is referred to as a water softening system. It is typically used to lessen the hardness of water, which is mostly performed by precipitating or absorbing pollutants from water using lime softening or ion-exchange resins or nanofiltration, or reverse osmosis membranes. Hard water, like in the case of boiler precipitation, is a dangerous problem, as the deposit of hard water minerals can interfere with heat transfer and potentially lead to boiler tube failure. In addition, increase in investments or expenditure in R&D, and the use of new technologies in water softening systems propel the market growth.
Furthermore, growing infrastructure projects that include installation of water softening systems and expanding economy that includes growing modernization and urbanization initiatives in both developed and developing countries, where people are becoming more aware of the need for water softeners, both contribute toward the water softening system market growth. For instance, in March 2020, Puronics, which is a leading manufacturer of water treatment systems for consumer and commercial market, launched solar-powered residential water softener solutions that allow homeowners to choose a nature-friendly option for water treatment. As a result, such factors are expected to propel the global market.
The global water softening systems market is segmented on the basis of softener type, cylinder type, end user, and region. On the basis of softener type, it is segregated into salt-based ion exchange softener and salt-free water softener. Depending on type, it is divided into twin cylinder and mono cylinder. On the basis of end user, it is segregated into residential and non-residential. Region wise, the market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
COMPETITION ANALYSIS
The key players that operating in the Water Softening Systems Market are BWT AG, Culligan International Company, Dwater Limited., EcoWater Systems LLC, Harvey Water Softeners Ltd., Atlas Filtri, Envicare Technologies Pvt. Ltd., Kinetico Incorporated, Marlo Incorporated, Monarch Water Ltd.KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for key market segments between 2022 and 2031.
- Extensive analysis of the water softening systems market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The water softening systems market forecast analysis from 2022 to 2031 is included in the report.
- The key players with in water softening systems market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the water softener industry.
Key Market Segments
By Softener Type
- Salt-based ion exchanged softeners
- Salt-free water softener
By Type
- Twin cylinder
- Mono cylinder
By End Use
- Residential
- Non-residential
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Italy
- U.K.
- Rest of Europe
- Germany
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Culligan International
- EcoWater Systems
- Harvey Water Softeners
- Kinetico
- Marlo
- atlas filtri s.r.l
- Dwater Limited
- Envicare Technologies Pvt. Ltd.
- Monarch Water Ltd
- BWT AG
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Table of Contents
Executive Summary
According to the report, titled, “Water Softening Systems Market," 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.Toxins, bacteria, chemicals, toxic fumes, hard water, and suspended solids are removed from water using a water softener. They lower the concentration of particulate matter in water and lessen the risk of contracting waterborne infections, making the water suitable for both residential and non-residential use. Increase in supplies of drinkable water and increase in urbanization and industrialization fuel the global need for these purifiers. In addition, rise in consumer awareness regarding importance of consuming safe water has a beneficial impact on water purifier sales across the globe. The most popular form of water softening systems used is the salt-based ion exchanger. These softeners can remove calcium and magnesium ions from hard water by replacing calcium and magnesium ions with sodium ions. Ion exchange happens within resin tanks of salt-based water softeners, lowering mineral count and increasing salt content of the water.
In terms of region, Europe has accounted major water softening systems market share in 2021. This is attributed to high demand for salt-based ion exchange softeners and salt-free water softeners across many countries. However, Asia-Pacific is expected to increase with high CAGR during the forecast period. This is attributed to increase in R&D investments in developing countries and rise in government investments in automation and smart solutions must be implemented on a large scale to bring energy efficiency, accelerate automation, reduce costs, and create a comfortable occupant experience in residential buildings.
Furthermore, water softening systems have greater efficiency of water treatment then other systems, resulting in increased demand for these systems. This is expected to boost demand for water softening systems in Asia-Pacific in the water softening systems market forecast.
The salt-based ion exchanged softeners segment registered highest revenue in 2021, owing to wide application in healthcare, construction, and logistics, and is expected to increase with highest CAGR, owing to surge in adoption for residential and non-residential purposes.
Furthermore, key players have implemented various strategic moves such as product launch, collaboration, and partnership to strengthen their market position. For instance, in February 2021, Rheem, a leading global manufacturer of water heating and water treatment, introduced the Rheem Preferred series water softeners with "Learning Technology,” which analyses water usage patterns in real time and allow families to optimize soft water for home while saving hundreds of dollars on salt, water, and electricity.
However, during the pandemic, various manufacturers in the water softening systems market had to stop their businesses in countries such as China, the U.S., and India. This break directly impacted sales of water softening systems companies. In addition, lack of manpower and raw materials constricted supply of equipment of water softening systems, which has negatively impacted growth of the market. However, production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of water softening companies.
Key Findings of the Study
- The report provides an extensive analysis of the current and emerging water softening systems market trends and dynamics.
- Depending on softener type, the salt-based ion exchange softener segment dominated the water softening systems market, in terms of revenue in 2021, and is projected to grow at a significant high CAGR during the forecast period.
- By type, the twin cylinder segment registered the highest revenue in 2021.
- Asia-Pacific is projected to register highest water softening systems market growth rate in the coming years.
- Key players within the water softening systems market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand competitive outlook of the water softening systems industry.
- The report provides an extensive analysis of the current trends and emerging opportunities of the market.
- In-depth water softening systems market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.
Companies Mentioned
- Culligan International
- Ecowater Systems
- Harvey Water Softeners
- Kinetico
- Marlo
- Atlas Filtri S.R.L
- Dwater Limited
- Envicare Technologies Pvt. Ltd.
- Monarch Water Ltd
- Bwt Ag
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 215 |
Published | June 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 2631.2 million |
Forecasted Market Value ( USD | $ 4623.6 million |
Compound Annual Growth Rate | 5.8% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |