Business

The Global Water Softener Market is Expected to Reach USD 3.8 Billion by 2026

Published

6 years ago

July 13, 2019

The value of the global water softener market was USD 2.2 Billion in 2018. But by 2025, the market will grow. And a report predicts that by 2025 it will value at $3.4 Billion, with the CAGR of around 7.1% between 2019 and 2025. By 2026, this market will reach the value of $3.8 Billion.

A research done on the global water softener market worked on different aspects of it. And the report focuses on market share analysis and key trend analysis. It also estimates CAGR Values in percentages which designate the rise or fall in the market.

The rise in the CAGR of 6.86% from the year 2019 to 2026 is mainly attributed to the advancements and innovations in technology resulting in innovative product launches.

Water Softeners are goods that customers use to purify and soften the hard water. And the purifying process also includes getting rid of calcium, magnesium and various other cations from the hard water. Many even use water softener without salt to get the maximum benefits. The process may include nano filtration or reverse osmosis technology embedded in the water softeners.

With this enhanced quality of water, it becomes soft and requires less soap for cleaning. And this good quality of water is also good news for the plumbing pipes and fittings.

The Global market of Water softeners is growing. It is because of the awareness regarding the effects hard water has on the health of individuals. And the industries are also keen on using products that promote durability and enhance the operational life of equipment.

There are many competitors in the game which includes Sear Brands, LLC, A.O Smith, Harvey water softeners, Kinetico incorporated, Eco Water systems LLC, An Enviro water solutions,Watts and watercare softeners, NuvoH20 LLC, Whirlpool corporation and many more.

Many of the water softener ninjas are in Europe and America. And in April 2019, A.O Smith announced that they acquired Water Right Inc for an approximate amount of USD 107 Million. And this acquisition helps them provide for the expansion of product portfolio.

Business

Black Banx Group — Third Quarter 2025 Results

Published

5 hours ago

November 3, 2025

Matthew Wiles

FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025

Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025

Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.

Key figures for Q3 2025:

Revenue: USD 4.3 billion
Profit before tax (PBT): USD 1.6 billion
Cost-to-income ratio: ≈ 62%
Customer base (period-end): ~92 million clients

YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.

“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”

Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”

Business highlights:

Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
Strategic investments sustained in growth markets while preserving profitability and shareholder value.

Outlook:

With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.

About Black Banx Group:

Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.

Media Contact:

Black Banx Media Relations
Email: [email protected]

Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.