Introduction of Nanotechnology in Water Purifiers Presents Opportunities

DUBLIN, Jan. 22, 2023 /PRNewswire/ — The “Water Purifier Market by Technology, by Portability, by Distribution Channel, and by End-User: Global Opportunity Analysis and Industry Forecast, 2022-2030” report has been added to ResearchAndMarkets.com’s providing.

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Water Purifier Market dimension was valued at USD 36.55 billion in 2021 and is projected to succeed in USD 82.66 billion by 2030 with a CAGR of 8.2% in the course of the forecast interval, 2022-2030.

Water purifiers are more and more in demand because of the rising water air pollution brought on by speedy industrialization and urbanization, chemical compounds and sewage in water our bodies, and the disposal of wastes. Also, the rising concern and consciousness relating to the advantages of consuming purified water reminiscent of improved digestion, a stronger immune system, and support in pores and skin well being are anticipated to propel the expansion of the water air purifier trade.

Further, the combination of superior applied sciences reminiscent of synthetic intelligence (AI) and the web of issues (IoT) in sensible water purifiers which might be simple to make use of and have a number of phases of purification stimulates the UV water air purifier market.

However, the excessive upkeep value of filters is predicted to restrict the water air purifier market’s progress in the course of the forecast interval. On the opposite, the growing implementation of nanotech-based water purification processes which might be considered extremely environment friendly, cost-effective, and in a position to hint parts reminiscent of arsenic in comparison with standard water purification techniques is anticipated to create ample progress alternatives for the water air purifier market in the approaching years.

Segment Overview

The world water air purifier market is segmented based mostly on know-how, portability, distribution channel, end-user, and geography.

Based on know-how, the market is assessed into UV, RO, and gravity-based.
Based on portability, the market is segmented into transportable and non-portable.
Based on distribution channels, the market is categorized into retail gross sales, direct gross sales, and on-line gross sales.
Based on end-users, the market is bifurcated into business and residential.
Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and RoW.

Regional Analysis
The Asia-Pacific market is projected to stay dominant by means of 2030

Asia-Pacific dominates the worldwide water air purifier trade and is predicted to stay dominant in the market all through the forecast interval. This is attributed to proactive authorities initiatives by means of numerous insurance policies and campaigns in regards to the benefits of consuming clear water.

Moreover, aggressive advertising and marketing campaigns and the event of revolutionary water purifiers by key gamers are growing gross sales that increase the RO water air purifier market in this area. For occasion, in October 2021, LG introduced its new 2021 vary of water purifiers in three fashions, WW184EPB, WW184EPC, and the WW174NPC, geared up with a brand new RO restoration plus filter. The new vary of water purifiers is supplied with a brand new RO restoration plus filter that helps get better greater than 60% water.

Key Market Players

Some of the rising and main key gamers in the water air purifier market embrace:

Recent Developments
June 2022

Evoqua Water Technologies introduced that it has entered right into a definitive settlement to amass a privately-held agency, Smith Engineering, Inc. The acquisition would improve Evoqua’s portfolio of high-purity water remedy techniques and develop its service footprint throughout North America.

June 2022

A.O. Smith introduced a strategic acquisition of Atlantic Filter Corporation, a Florida firm, for water purification in a financial transaction. This acquisition enabled them to develop its capabilities and develop its water remedy enterprise in North America.

March 2022

LG Electronics expanded its water air purifier portfolio with the launch of the UF+UV Water Purifier in India. The air purifier comes with a brand new Post CarbonFilter, a know-how that makes use of electrostatic absorption to eradicate viruses from water.

Market Dynamics

Drivers

Emergence of Smart Purification
Multiple Benefits Associated With the Use of Water Purifiers
Increasing Regulation on Industrial and Municipal Wastewater Disposal

Restraints

Opportunities

Key Topics Covered:

1. Introduction

2. Water Purifier Market – Executive Summary

3. Market Overview

4. Market Share Analysis

5. Global Water Purifier Market, by Technology

6. Global Water Purifier Market, by End Use

7. Global Water Purifier Market, by Distribution Channel

8. Global Water Purifier Market, by Portability

9. Global Water Purifier Market, by Region

10. Company Profiles

For extra details about this report go to https://www.researchandmarkets.com/r/hq5wrk

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