Water Softeners Market to Reach $3.57 Bn, Globally by 2025 at 7.1% CAGR, Says AMR

PORTLAND, Oregon, January 17, 2019 /PRNewswire/ --

Increasing need for clean and potable water worldwide due to rapid industrialization & urbanization and spiraling growth in food processing plants, chemical producers, textile manufacturers, and refineries are expected to propel the growth of the global water softener market. 

Allied Market Research published a report, titled, "Water Softeners Market by Type (Salt-based and Salt-free Water Softeners) and End Use (Residential, Industrial, and Municipal): Global Opportunity Analysis and Industry Forecast, 2018-2025". The report offers extensive analyses of the key winning strategies, industry dynamics, market size & estimations, competitive landscape, and top investment pockets. As per the report, the global water softeners market garnered $2.05 billion in 2017, and is estimated to reach $3.57 billion by 2025, growing at a CAGR of 7.1% from 2018 to 2025.

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Intensified demand for potable water due to population growth, rise in the number of water-borne ailments due to consumption of hard water, and increase in acceptance in industrial applications such as food processing, chemical, textiles, and refineries drive the growth of the market. Moreover, rapid industrialization and urbanization worldwide has increased the adoption of water softeners due to their growing acceptance in product manufacturing, steam generation, and cleaning. However, high costs of operation, labor, and maintenance incurred during the water softening process coupled with environmental concerns regarding discharge of soft water such as increase in pH and stringent environmental policies mainly in U.S. and Europe that could raise compliance cost are expected to hinder the market growth. Conversely, untapped sectors in emerging economies such as India and Japan, increase in proliferation of manufacturing industries across the globe, and rise in awareness about adverse effects of consuming hard water would create new opportunities for growth of the industry.