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Sep 9, 2020 7:00 PM ET

Water Treatment Systems Market Growing at a CAGR of 7.56% During Forecast Period 2020-2025

iCrowd Newswire - Sep 9, 2020

Water Treatment Systems Market size in 2019 is estimated to be $5.85 billion and is projected to grow at a CAGR of 7.56% during the forecast period 2020-2025. Water is an essential constituent in the food and beverage industry. It is being used for cleaning raw materials and for the formulation of food and beverage products. Water scarcity and rising demand for water are increasing the demand for cost-effective water treatment technologies. Increased efforts from regulatory bodies to conserve and recycle water is also contributing to the growth of this market. In the food and beverage industry, water treatment systems are used to help achieve sustainable and clean drinking water as well as to manage wastewater.
By Treatment Process – Segment Analysis
By the treatment process, the reverse osmosis systems segment is the fastest growing and is projected to grow at a CAGR of 7% during the forecast period 2020-2025. This is owing to the increasing use of reverse osmosis in the food industry to remove bacteria and brine in meat, or for alcohol removal from spirits. Reverse osmosis allows water to pass through a semi-permeable membrane, which acts as a filter and prevents harmful chemicals, organic materials, sediments, and other impurities to pass through. The resulting water is fresh and free from any contaminants. This treatment process also offers additional advantages such as removal of color, odor, chemicals or taste, and ensuring that there are no residual products. It is also fast, efficient and environmentally friendly, making this method’s usage very popular in various applications.
The treatment processes vary with the quantity of water to be purified and the end-use. For instance, countertop water filters are commonly used in residential water treatment equipment whereas inline filters are more efficient for industrial processes. On the other hand, UV water purifiers and charcoal water filters can be used in small-scale as well as large-scale applications.

By Application- Segment Analysis 

By application, the Beverage Industry is estimated to account for a major share of the Water Treatment Systems market during 2019. This is owing to the rising usage of water to manufacture mineral water, fruit juices, sodas, soft drinks, energy drinks, alcoholic beverages, and others. Every beverage requires a specific water treatment procedure. The beverage industry requires a large amount of water to manufacture their products. Furthermore, stringent manufacturing regulations to ensure hygienic beverages and increased efficiency of production processes are increasing the demand for these systems. Growing consumption of energy drinks with the rising health concern is set to contribute to the growth of the Water Treatment System Market during the forecast period 2020-2025.

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Geography- Segment Analysis
In 2019, APAC accounts for 36% of the Water Treatment Systems Market share by region. The increasing population along with the growing demand for fresh drinking water is a major factor propelling its market growth. Also, growing health concerns and strict government regulations to purify water from cleaning raw materials to implementing recipes is a major factor driving the market in that region. Besides, ease of availability of raw materials has encouraged global companies to expand to APAC and establish their production facilities in this region, further fueling the growth of this market.
Drivers –Water Treatment Systems Market 
  • Increased focus on preventing food or beverage contamination
Contamination is a key concern in the food and beverage industry. Government and regulatory authorities are establishing strict rules to reduce contamination in the food and beverage production process. Hence the use of water treatment systems are increasing. Industries such as dairy processing have major concerns over contamination since milk is prone to contamination by bacteria and other microorganisms. Techniques such as reverse osmosis, UV disinfection, and others are commonly used in the food and beverage industry. The use of water treatment systems in the food and beverage industry aids in disinfection and sterilization of water by removing dangerous organisms and contaminants in it. Increasing demand for water treatment is owing to the purity, safety, and quality of this water post its treatment and the wider application of this water.
  • Enhanced Taste and Clarity of Beverages 
Filtering enhances the taste of beverages as well as its appearance. Moreover, water treatment in beverages plays a prominent role in ensuring hygiene and efficient production while improving the taste of the product. This makes water treatment systems popular for use in the beverage industry. Also, increasing health concern has driven the demand for low-salt or low sugar beverages, which is fueling the use of water treatment systems in eliminating the excess minerals and salts in beverages. The rise in health consciousness is set to increase the consumption of energy drinks in the coming years thereby contributing to the growth of this market as production of such drinks also increases.

Challenges– Water Treatment Systems Market 

The cost of an efficient water treatment system is very high, including the cost of its technology and installation, which is hindering the market growth. Industrial water treatment systems also require timely maintenance and have other associated expenses, which for the end-users is a cost burden. Thus, the high cost of water treatment equipment is a major factor restraining market growth during the forecast period 2020-2025.
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Water Treatment Systems Industry Outlook
Product launches, mergers and acquisitions, and joint ventures are key strategies adopted by players in this market. Water Treatment Systems top 10 companies are Global Water Solution Ltd, Unilever PLC, EcoWater Systems, A.O. Smith, Koninklijke Philips N.V., 3M, Watts Water Technologies Inc., Aquasana Inc., Pelican Water Systems, and General Electric Company.
  • In March 2019, Arvind Ltd. launched water components and O & M services business Kaigo where the components and spare verticals include the products and technologies used in the creation and maintenance of efficient wastewater treatment.
  • In April 2019, Pentair plc entered an agreement to acquire U.S. water treatment equipment companies Aquion and Pelican Water Systems.
  • In September 2019 Aquatella launched a 4-Stage countertop water filter that eliminates 99% of all harmful pathogens, heavy metals, pesticides and chemicals from drinking water.
Key Takeaways
  • Increasing demand for water treatment in the food and beverage industry to remove bacteria, brine and other contaminants, is a major factor driving the water treatment systems market.
  • The high cost of water treatment equipment is a major factor limiting the growth of the market during the forecast period 2020-2025.
  • By region, Asia Pacific accounts for a major share of the Water Treatment Systems Market, in 2019.
Relared Reports :
1. Produced Water Treatment Systems Market
2. Consumer Water & Air Treatment Market
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