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Media-based water filters market to grow over next five years: report
June 25, 2015 By Ground Water Canada
June 25, 2015, Burnaby, B.C. – Increasing
water and wastewater treatment, along with growth in desalination
market, will drive media-based water filters market to growth of nine per cent over the next five
years, says a report from TechSci Research.
June 25, 2015, Burnaby, B.C. – Increasing
water and wastewater treatment, along with growth in desalination
market, will drive media-based water filters market to growth of nine per cent over the next five
years, says a report from TechSci Research.
According to the consulting firm's recent report,
"Global Media Based Water Filters Market Forecast & Opportunities,
2020," the international media-based water filters market is projected to grow at a
CAGR of over nine per cent through 2020 due to increasing demand for purified water in both industrial and
residential areas. In addition, increasing regulations on recycle and
reuse of water due to the depletion of water resources are resulting in
an increase in water and wastewater treatment, further surging the
demand for filters.
Media-based water filters are categorized as activated carbon filters,
sediment filters, sand filters and others, where others include filters
based on media such as ceramic, magnetite and anthracite. In 2014,
activated carbon-based water filters dominated the international media-based water
filters market, followed by sand filters and sediment filters,
respectively. Activated carbon-based water filters are largely preferred
in the industrial sector for the treatment of process water and wastewater, the report said.
Activated carbon helps in the removal of undesirable taste, odour and
volatile organic compounds from drinking water as well as water used for
industrial purposes.
"Asia-Pacific dominates global media based
water filters market primarily on account of growth in water purifiers
market since media based water filters are used in combination with RO
and UV systems in water purifiers. The region accounted for the largest
share in the market in 2014 and is anticipated to retain its dominance
through 2020. Moreover, market for media based water filters in Middle East Asia is
projected to exhibit fastest growth over the next five years owing to
increase in the number of desalination and construction projects in
countries such as the UAE, Qatar, Oman, Kuwait and Saudi Arabia," said TechSci research director Karan Chechi.
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