PUBLISHER: IMARC | PRODUCT CODE: 1561462
PUBLISHER: IMARC | PRODUCT CODE: 1561462
The global water softeners market size reached US$ 3.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.5% during 2024-2032.
Hard water contains a high concentration of calcium, magnesium ions and several dissolved metals, including zinc, iron, barium, aluminum, strontium, and manganese. It negatively impacts household activities, such as cleaning, dishwashing, and laundering. As its consumption also has a detrimental effect on human health, there is a rise in the application of water softeners in the residential and commercial sectors worldwide. Water softeners assist in purifying and softening hard water by filtering it through resin or zeolite, thereby preventing the formation of insoluble scale or precipitates in pipes and tanks and extending the lifetime of plumbing pipes and fittings.
Salts present in hard water can result in cancer, cardiovascular diseases, and the development of kidney stones. This, coupled with the rising awareness among individuals pertaining to health hazards caused by hard water, represents one of the key factors facilitating the growth of the market. Additionally, increasing industrial activities on account of rapid urbanization and the growing adoption of water softeners in numerous industry verticals, such as textile, chemical, refineries and food processing, are driving the market. They promote durability and enhance the operational life of different equipment. Furthermore, leading manufacturers are focusing on developing technologically advanced softening systems that help reduce wastage. These systems also aid in improving efficiency by reducing sodium and chloride content and making it suitable for all end use applications. Besides this, key players are considerably investing in promotional campaigns like celebrity endorsements to expand their overall reach. Some of the other factors impelling the growth of the market include the growing global population, increasing consumption of water and stringent policies implemented by governments of several countries.
IMARC Group provides an analysis of the key trends in each sub-segment of the global water softeners market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, operational type, process, distribution channel and end user.
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, A. O. Smith Corporation, Axel Johnson Inc., Canature Health Technology Group Co. Ltd., Culligan International, EcoWater Systems LLC, Haier Inc., NuvoH2O, Pentair plc, US Water Systems Inc., Watts and Whirlpool Corporation.