Degrading Surface and Groundwater Quality to Drive Global Media based Water Filter Market through 2023

Increasing low-budget water filter penetration and growing global awareness on health risks associated with the consumption of impure water coupled with rising per capita disposable income to fuel global media-based water filter market through 2023

According to TechSci Research report, “Global Media-based Water Filter Market By Type, By End Use Industry, By Sales Channel, By Region, Competition Forecast & Opportunities, 2013 – 2023’’, media-based water filter market is forecast to cross $ 17.5 billion by 2023, on the back of growing global population and increasing penetration of water purification systems in both industrial and commercial sectors as well as across rural communities. The incessant industrial and commercial activities are deteriorating the quality of freshwater resources, thereby creating strong demand for basic filtration systems employed with media-based water filters. Rapid industrialization and uncontrolled effluent discharge in water bodies leading to water pollution on both surface and ground level would continue to propel the demand for water filters in the future.

Browse 127 market data Figures and Tables spread through 160 Pages and an in-depth TOC on   "Global Media-based Water Filter Market"

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Based on type, global media-based water filter market is majorly segmented into activated carbon filter, sand filter, sediment filter and others. Of these, activated carbon filter is the dominating and fastest growing type in the global media-based water filter market, owing to its characteristics to remove asbestos, cysts, lead, certain pesticides, trihalomethanes and volatile organic compounds (VOCs) from polluted water. Moreover, rising demand for water purification systems employed with activated carbon filters is further expected to increase the sale of media-based water filters during the forecast period. Increasing demand for combination water purification technologies such as ultraviolet, ultrafiltration, nanofiltration and microfiltration is also fueling the global media-based water filters. Growing number of deaths due to waterborne diseases, mainly in rural communities, is resulting in higher awareness among the customers regarding the benefits of media-based water filters.

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“Asia-Pacific is the largest demand generating region for media-based water filters, globally, owing to increasing per capita income, rising concerns pertaining to substandard water quality, rapid expansion of industrial and commercial sectors, and escalating demand for low-budget water purification systems. The region accounted for approximately 60% of the total global population and 22% of the global land area as of 2017, which is expected to continue boosting the sales of different water purification technologies including media-based water filters, in the region.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 

“Global Media-based Water Filter Market By Type, By End Use Industry, By Sales Channel, By Region, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of media-based water filter market and provides statistics and 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 decision. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities in global media-based water filter market.

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