Water Treatment Equipment Market to Record Significant Y-o-Y Growth Through 2026: South America Industry Analysis & Opportunity Assessment, 2016-2026 from Reportlinker indicates the residential water treatment equipment market in South America is rapidly growing, with decent penetration of technology in urban South America. Deteriorating water quality and rising consumer expectations are driving demand for water purifiers in the region, which is anticipated to increase. The South American market, estimated at more than $330 million (USD) in 2016, is expected to register a compound annual growth rate (CAGR) of 9.2 percent during the assessment period. By value, Brazil’s market accounts for maximum revenue share, followed by Argentina and Venezuela. Sales of RO-based water purification equipment in Brazil is rapidly growing with an annual growth rate of 8.4 percent during the assessment period. Product differentiation is the only opportunity driver for companies functioning in the Brazil residential water treatment equipment market.
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