Due to high demand and the value of market research for the success of different sectors, Water Filters Market report has been prepared by covering many work areas. This is a professional and a complete report focusing on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. This Water Filters Market report lets you know that how the market is going to perform in the forecast years by giving you information about market definition, classifications, applications, and engagements. Few of the features such as objectivity have been kept at the centre while obtaining the best result via this Water Filters Market report for Chemical and Material industry.
Global water filters market was valued at an estimated USD 10.72 billion in 2018; this value is projected to grow with a CAGR of 6.45 % in the forecast period of 2019-2026, resulting in a projected value of USD 17.67 billion by 2026.
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Market Definition: Global Water Filters Market
Water filter is an equipment or device that is used to remove the impurities prevalent in the water bodies resulting in decontamination of water. It is part of the entire water filtration process that includes physical barriers, chemical treatment, and various biological processes. Water filters are of different categories and every individual filter has their own specific use.
- Long-term usage and similar effectiveness over a long period of time of the product; this factor is expected to act as a driver for the market growth
- Imposing strict regulations regarding the wastewater management from the industries; this factor is expected to act as a driver for the market growth
- Presence of a number of long-term patented products invoking monopoly of major players; this factor is expected to act as a restraint to the market growth
Detailed of TOC @
Segmentation: Global Water Filters Market
- By Media Type
- Single & Dual Filter Media
- By End-Use Industry
- Food & Beverages
- Chemicals & Petrochemicals
- Oil & Gas
Key Developments in the Market:
- In September 2018, Evoqua Water Technologies LLC announced that they had completed the acquisition of IsH20top group. The acquisition is expected to help expand and enhance the product offerings and regional presence of the company in Canada.
- In October 2017, SUEZ announced that they had completed the acquisition of GE Water & Process Technologies. The division will be placed under, “Water Technologies & Solutions” business unit of SUEZ.
Competitive Analysis: Global Water Filters Market
Global water filters market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of water filters market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Water Filters Market
Few of the major competitors currently working in the water filters market are DuPont, SUEZ, MANN+HUMMEL, AXEON Water Technologies, Mantec Technical Ceramics Ltd., Porex Corporation, Culligan, Eaton, A. O. Smith, Veolia, Pentair plc, Atlas Filtri, Mott Corporation, Russell Finex Ltd., Eclipse Magnetics, Lydall Inc., Filtra Systems, Evoqua Water Technologies LLC, MEISSNER FILTRATION PRODUCTS INC. and Pall Corporation.
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