Lucintel's latest market report analyzed that water treatment system provides attractive opportunities in the residential and non-residential construction sectors. The water treatment system market is expected to grow at a CAGR of 8%-10%. In this market, filtration method is the largest segment by technology, whereas residential are largest by end use.
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Based on technology, the water treatment system market is segmented into water softeners, reverse osmosis systems, distillation systems, disinfection methods, filtration methods, and others (adsorption and electrolysis). The filtration methods segment accounted for the largest share of the market in 2020 due to increasing construction activity in the residential sector.
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The water treatment system market is marked by the presence of several big and small players. Some of the prominent players offering water treatment system include DOW, Honeywell, 3M, Danaher, Pentair, Ballast Water Technology (BWT), Calgon Carbon, Culligan, General Electric, and Watts Water Technologies.
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