Watts Water Technologies, Inc.-Company profile, Business Overview, Financial Performance, Operating Segments, Strategic Moves, and Competitive Intelligence Report

Point-of-entry water treatment systems are installed at main water lines, which are the first entry point of water in a residential or commercial establishment. These systems are witnessing increased adoption owing to growing demand for clean water among the populace. Treating water at the first point of entry whether in a building or a residential complex is increasingly becoming important due to the rising levels of contamination at water sites as well as during the supply. Asia-Pacific exhibits lucrative market opportunities especially in countries such as China and India owing to a large customer base and growing urbanization. Factors driving the market are increasing disposable income, urbanization, rising concerns about waterborne diseases, and technological advancements. However, factors such as high installation, equipment, and operations cost limit the market growth. The scarcity of clean water in developing countries and depleting freshwater resources create varied opportunities for market growth.