Water Treatment Demand Outlook Remains Robust
- March 17, 2021
Rising Consumer Awareness for Better Water Quality
Oppenheimer analysts recently hosted a conference call with the Water Quality Association to discuss the US residential and light commercial water treatment market and came away very confident in the industry's near- and longer-term prospects.
The pandemic environment has realistically accelerated the secular momentum behind consumer awareness/concern regarding water quality. Adding growing consideration for products to comply with regulated standards, our analysts believe the overall water treatment demand outlook remains robust.
Although near-term growth is likely weighted to residential applications, commercial demand should ultimately benefit from similar thematic underpinning along with the value proposition of differentiated technologies.
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