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NEW YORK, April 13, 2021 /PRNewswire/
Technavio has monitored the water softener market in its latest market research report. The market is poised to grow by USD 690.90 million during 2021-2025, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Water Softener Market by End-user, Product, and Geography - Forecast and Analysis 2021-2025
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the water softener market.
$ 690 9 Million growth expected in Water Softener Market | Growing Consumer Awareness about Water Softeners to Boost Growth
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IFCI Ltd leads losers in A group
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In the overnight session, Wall Street ended lower, pulled down by losses in Apple and Tesla. The Dow Jones Industrial Average fell 0.46%, the S&P 500 lost 0.81% and the Nasdaq Composite dropped 1.69%. Meanwhile, in Asia, the stocks were trading marginally higher as investors shrugged off concerns that stocks may have rallied too far too fast in the past year and focused instead on optimism that more imminent US stimulus will energise the global economic recovery. Australia’s S&P/ASX 200 index rose 0.6%, South Korea’s Kospi index added 0.3% while Japan s Topix index was flat. Tracking cues from global peers, domestic markets look set to open higher for the 3rd day in a row, although gains are likely to be meek. At 7.15 am, Nifty futures on SGX were up 23 points, indicating a flat-to-positive start for D-Street.