The global Water Purifier Market is estimated to be valued at US$ 78,939.1 billion in 2021 and is expected to exhibit a CAGR of 8.4% over the forecast period (2021–2028). Water purification also serves the requirements for clean and potable water in medical, pharmaceutical, chemical, and industrial uses. Contaminants such as suspended particles, parasites, bacteria, algae, viruses, and fungi are reduced during the purification process. Water purification occurs on a variety of scales, from the huge (e.g., for a whole city) to the small (e.g., for a single household) (e.g., for individual households).
In other words, A water purifier is a sophisticated technology that cleans water by eliminating undesirable and dangerous chemicals. They remove suspended particles, unwanted items, chemicals, and gases from the water effectively. Gravity purifiers, RO purifiers, UV purifiers, sediment filters, and water softeners are the different types. The demand for water purifiers has increased globally as a result of rising water pollution caused by different environmental issues such as industrialization. There are several types of water purifiers available, including wall-mounted, tabletop, countertop, and faucet-mounted. They’re frequently employed in industrial, commercial, and residential settings.
Market Opportunities
The growing number of wastewater treatment plants around the world is expected to boost the water purifier industry. For example, in September 2018, ACCIONA completed a new facility in North Shore, part of the Vancouver metropolitan area, with a new CA$700 billion wastewater treatment plant that would service more than 200,000 persons and two First Nation communities.