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Future Market Insights (FMI) survey on the reverse osmosis pump market offers insights into key factors impacting the growth from 2021 to 2031. The report offers analysis of the demand outlook and segments the market in terms of technology type, pump type, flow rate, application type, and sales channel.
The global reverse osmosis pump market size is anticipated to surpass a valuation of US$ 7.9 billion in the year 2021, as per a study by FMI. Driven by the increasing applications in the water treatment and oil and gas sectors, the market for reverse osmosis pumps is expected to total US$ 14.7 billion by 2031, growing at a CAGR of 9% over the forecast period 2021 to 2031.
Historically, the reverse osmosis pump market registered growth at a CAGR of 3.2% between 2016 and 2020. With increasing adoption for reverse osmosis filtration pumps in industrial units and water treatment plants for separating contaminants such as arsenic, bacteria, fluorides, and pesticides, the market is likely to exhibit rapid growth.
The coronavirus pandemic has positively impacted the sales in the residential sector. Reverse osmosis systems address concerns pertaining to water quality by eliminating microbes such as cysts, viruses, protozoans, and others present in the water.
This, coupled with increasing awareness regarding the health among people around the world, especially following the outbreak of COVID-19, will fuel the demand for reverse osmosis pumps in the next few years.
Online sales channels have emerged as the most preferred choice for sales and purchase. Owing to the convenience of easy returns and exchanges, offers, and a broad product portfolio for individuals to choose from, the sales channel is expected to account for over 85% of the market in 2021.
“With increasing investments by governments in municipal water and wastewater treatment especially in the developing economies, the sales of high capacity reverse osmosis pumps are likely to spur through 2031,” says the FMI analyst.
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Key Takeaways from Reverse Osmosis Pump Market Analysis
Discover more about the reverse osmosis pump market with figures and data tables, along with the table of contents. Get Market Alerts https://www.futuremarketinsights.com/get-market-alerts/rep-gb-11808
Companies operating in the reverse osmosis pump market are aiming at optimizing product by creating strategic partnerships with other market players to expand their market revenue share. For instance,
Some of the leading players operating in the reverse osmosis pump market profiled by FMI are:
More Valuable Insights on Reverse Osmosis Pump Market
FMI, in its new report, offers an unbiased analysis of the global reverse osmosis pump market, analyzing forecast statistics through 2021 and beyond. The study reveals growth projections on in the reverse osmosis pump market with detailed segmentation:
By Technology Type:
By Pump Type:
By Flow Rate:
By Application Type:
By Sales Channel:
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Key Questions Covered in the Reverse Osmosis Pump Market Report
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