Research Nester’s Residential Water Treatment Equipment Market: Global Demand Analysis Opportunity Outlook 2023 details an uptick in activity across the world. The market is anticipated to expand with a compound annual growth rate of 13 percent and the Asia-Pacific region is expected to project a compound annual growth rate of 16 percent. Hexa Research’s activated carbon market report predicts a robust and active market that is estimated to reach up to $5.255 million (USD) until 2020. This market is likely to boom in upcoming years with rising demand of mercury removal applications and drinking water treatment. A pair of reports from Future Market Insights (FMI) are just as bright. In the Middle East, the residential water treatment devices market was valued at $414.1 million in 2014 and is anticipated to reach $855.3 million by 2025, expanding at a CAGR of 6.8 percent throughout the forecast period. FMI further predicts the ion exchange resins market is expected to grow at a significant rate during 2015-2025.
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