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In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Ultrapure Water Market ReportSpeak directly to the analyst to clarify any post sales queries you may have.
The ultrapure water market was valued at USD 7.15 billion in 2020 and is expected to reach USD 11.21 billion in 2026 growing at a CAGR of 7.78%.
The following factors are likely to contribute to the growth of the ultrapure water market during the forecast period:
- Impact of Transition to 5G
- Impact of Evolving Microelectronics Market
- Increasing Demand in Semiconductor Industry
- Increasing Demand for Cleanroom Practices
MARKET OVERVIEW
The primary end-users of the ultrapure water treatment market include industries such as semiconductors, solar photovoltaics, pharmaceuticals, power generation (sub and super critical boilers), and specialty applications such as research laboratories. The outbreak of the COVID-19 pandemic is likely to accelerate digitalization, which could be expected to positively impact the microelectronics industry. The launch of the 5G mobile network is expected to stimulate the demand for semiconductor components. Also, the adoption of internet of things (IoT) technologies such as cloud computing, data analytics, blockchain, and augmented intelligence are enhanced. This will increase the demand for ultra-pure water in the industry.
KEY HIGHLIGHTS
- The market growth is supported by increased demand for ultrapure water filtration for cleaning small and minute electronic appliances such as wafers and semiconductors.
- Geographically, the APAC region is the largest market for ultra-pure water and accounts for 60.05% of the global ultrapure water market share.
- The pharmaceutical segment dominates the Europe market and accounts for 40.33% of the global market share.
- Vendors need to find partners in emerging industries to expand their geographic presence in other potential markets.
The study considers a detailed scenario of the present ultrapure water market and its market dynamics for the period 2021−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
ULTRAPURE WATER MARKET SEGMENTATION
This research report includes a detailed segmentation by
- Equipment
- Application
- End-User
- Capacity Consideration
- Geography
ULTRA-PURE WATER MARKET SEGMENTS
- The filtration segment accounted for a revenue share of 34.90% in 2020 and is expected to witness an absolute growth of 49.83% by the end of 2026. The Ultrapure filtration technologies include particle filtration, depth filtration, carbon filtration, microfiltration, ultrafiltration, nanofiltration, and gas filtration.
- Washing fluid is the largest application for ultrapure water, and the segment is accounted for the highest share in the ultrapure water industry. Most of the industries such as semiconductors, flat panel display, and pharmaceuticals use ultrapure water as washing fluids which raise the demand.
Segmentation by Equipment
- Filtration
- Reverse Osmosis
- Ultraviolet
- Electro Deionization
- Others
Segmentation by Application
- Washing Fluid
- Process Feed
Segmentation by End-User
- Semiconductor
- Power Generation
- Flat Panel Display
- Pharmaceuticals
- Others
Segmentation by Capacity Consideration
- Large Scale
- Small Scale
GEOGRAPHICAL ANALYSIS
- Asia: The Asian market for consumables and hardware is expected to create the demand for ultrapure water required by the semiconductor, pharmaceutical, flat panel display, and power generation industries.
- North America: North America region is one of the fastest-growing for ultrapure water. Ultrapure water is used by semiconductor companies such as Intel Corporation, Nvidia, Texas Instruments, and Micron Technology as a cleaning agent. It is used to remove dissolved impurities that might precipitate or particles that might settle on circuits and cause the failure of microchips.
- Europe: The pharmaceutical industry is one of the developing industries in the region. Germany is the leading pharmaceutical market in Europe. Therefore, the growth in the pharmaceutical sector would lead to an increased demand for ultrapure water. This will contribute to the expansion of the ultrapure water industry in the region.
Segmentation By Geography
- APAC
- China
- Japan
- South Korea
- Australia
- India
- North America
- US
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Middle East & Africa
- South Africa
- UAE
- Latin America
- Brazil
- Mexico
- Argentina
VENDOR ANALYSIS
- The key players in the industry are General Electric, Pall Corporation, DuPont, Asahi Kasei Corporation, and Pentair.
- The customers are looking for vendors who deliver value-added services. This has motivated companies in the industry to focus their efforts on continuously working toward offering a varied range of product and service offerings.
- Asahi Kasei Corporation has a first-mover advantage in several segments. The global business solutions & strategies have assisted the company in coming up with a unique solution to tap the un-catered markets.
- Innovation, costs, and convenience play a crucial role in setting up the demand for such products. Thus, vendors need to remain abreast with the latest customer demands and trends in the ultrapure water industry.
Key Vendors
- General Electric
- Pall Corporation
- DuPont
- Asahi Kasei Corporation
- Pentair
Other Prominent Vendors
- Nalco
- SUEZ
- Evoqua Water Technologies
- Mar Cor
- Organo Corporation
- Ovivo
- Veolia
- Kurita Water Industries
- Aqua-Chem
- Reynolds Culligan
- Ultra Pure Water Technologies
- Pure Water Group
- Merck
- SpectraPure
- Nancrede Engineering
- RODI System Corporation
- Biosan
- Sartorius
- Agape Water Solutions
- Zhuhai Wangyang Water Treatment Equipment Company
KEY QUESTIONS ANSWERED:
1. How big is the ultrapure water market?2. Which region has the highest growth rate in the ultra-pure water market?
3. Who are the key players in the ultra-pure water Industry?
4. What segments are covered in the ultra-pure water market report?
5. What are the key driving factors for the ultrapure water industry?
6. What industries are the major vendors focusing on in the ultrapure water market?
Table of Contents
1 Research Methodology2 Research Objectives3 Research Process6 Market at a Glance
4 Scope & Coverage
5 Report Assumptions & Caveats
7 Introduction
8 Market Opportunities & Trends
9 Market Growth Enablers
10 Market Restraints
11 Market Landscape
12 Equipment
13 Application
14 End-Users
15 Capacity Consideration
16 Geography
17 APAC
18 North America
19 Europe
20 Middle East & Africa
21 Latin America
22 Competitive Landscape
23 Key Company Profiles
24 Other Prominent Vendors
25 Report Summary
26 Quantitative Summary
27 Appendix
LIST OF EXHIBITS
LIST OF TABLES
Companies Mentioned
- General Electric
- Pall Corporation
- DuPont
- Asahi Kasei Corporation
- Pentair
- Nalco
- SUEZ
- Evoqua Water Technologies
- Mar Cor
- Organo Corporation
- Ovivo
- Veolia
- Kurita Water Industries
- Aqua-Chem
- Reynolds Culligan
- Ultra Pure Water Technologies
- Pure Water Group
- Merck
- SpectraPure
- Nancrede Engineering
- RODI System Corporation
- Biosan
- Sartorius
- Agape Water Solutions
- Zhuhai Wangyang Water Treatment Equipment Company
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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