Increasing low-budget water filter penetration and growing awareness regarding risks of consuming impure water are expected to drive global Media-based Water Filter market during the forecast period.
According to TechSci Research report, “Global Media-based Water Filter Market By Type (Activated Carbon Filters, Sediment Filters, Sand Filters and Others), By End Use Industry (Industrial, Commercial and Municipal & Residential), By Sales Channel (Direct and Indirect), By Company, By Region, Forecast & Opportunities, 2025”, global media-based water filter market was valued USD12.60 Billion in 2019 and is projected to grow at CAGR of 6.68% in the next five years owing to demand for low-budget filters and growing demand for combination water purification systems, globally. Combination water purification systems overcomes the limitation of single purification technology; therefore, is being increasingly used by the manufacturers. Water-borne diseases such as diarrhea, dysentery, hepatitis A, typhoid and cholera are on rise due to presence of pathogens in water, making water unfit for human consumption. Additionally, growing health related concerns due to consumption of contaminated water is further driving the growth of the market.
Growing replacement demand for media-based water filters is another factor for the growth of the market. On account of growing awareness related to type of pollutants/ impurities present in the water, consumers/buyers are now understanding the need for the replacement of filters installed in water purifier, driving the growth of the global media-based water filter market. However, difficulty related to the procurement of raw materials and presence of disinfectant chemicals for water purification can hamper the growth of the market.
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Global media-based water filter market can be segmented based on type, end use industry, sales channel and region. Considering the type, the market is fragmented into activated carbon filters, sediment filter, sand filters and others. Activated carbon based water filters works through the cycle of adsorption by binding pollutants chemically outside the charcoal filter instead of genuinely retaining them. It eliminates organics, chlorine, radon and substance scents, improving the flavor of the water. Thus, this type of filter is majorly demanded across countries.
3M Company, The Clorox Company, Xylem Inc., Pentair Plc, Culligan International Company, BWT Aktiengesellschaft (BWT AG), Exelon Filtration, LLC, Evoqua Water Technologies LLC, Paragon AG and Katadyn Products Inc among others are the leading players operating in global media-based water filter market. The leading players are adopting several growth strategies to enhance the market scenario of media-based water filter. Other competitive strategies include product launches; mergers & acquisitions; agreements, partnerships, and research collaborations; and expansions to diverse their product portfolio in order to strengthen their market position.
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“Sales of media-based water filters are growing across Asia-Pacific at a robust pace due to the presence of water purifier manufacturing plants and industries in the region, especially in China. Also, rising purchasing power, growing per capita income in the region, and increasing demand for combination water purification systems having media-based water filters, are leading to the higher demand for media-based water filters in the region. Rising water scarcity coupled with deteriorating water quality across low lying regions is anticipated to positively influence the region’s media-based water filter market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Media-based Water Filter Market By Type (Activated Carbon Filters, Sediment Filters, Sand Filters and Others), By End Use Industry (Industrial, Commercial and Municipal & Residential), By Sales Channel (Direct and Indirect), By Company, By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global media-based water filter market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global media-based water filter market.
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