iCrowd Newswire
09 Oct 2019, 14:27 GMT+10
Hazardous materials released after farming and industrial processing lead to contamination of water bodies including lakes, rivers and oceans. Most of these pollutants have heavy metals such as zinc, lead, nickel, copper, cobalt, magnesium, cadmium, chromium and molybdenum that can harm human health. As a result, there has been a rise in the demand for water purifiers to suffice the need for clean water in the residential as well as the industrial segment. Further, manufacturers are launching advanced water purification technologies, such as activated carbon filtration and reverse osmosis, to expand their overall consumer base. According to the global water purifier market report by IMARC Group, the market reached a value of US$ 33.3 Billion in 2018. Looking forward, the global water purifier market size is projected to reach US$ 54.9 Billion by 2024, at a CAGR of around 9% during 2019-2024.
Top 10 Water Purifier Companies Listed below:
LG Electronics Unilever N.V. Panasonic Corporation Kinetico Inc. Aquatech International LLC GE Appliances A.O. Smith Corporation Whirlpool Corporation Eureka Forbes Ltd. Pentair Plc
Source: https://www.imarcgroup.com/top-leading-keyplayers-water-purifier-market
About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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