Electrode Ionization System Market - Forecasts from 2023 to 2028

The global electrode ionization system market is expected to grow at a CAGR of 6.29% during the forecast period

An electrode ionization system refers to a type of water purification technology that separates ions in water with the help of electricity, by creating an electric field. The purified water is the output from the system, while the impurities are collected in the device.

The electrode ionization system market can be classified in the following ways: by type, design, end-user, and geographic region. The major drivers for the growth of this market include increased demand from several industries such as semiconductors and increasing demand for water treatment.

Market Drivers:

Increasing global industrialization

The increasing trends of industrialization and industrial operations in many developing and underdeveloped countries have led to the demand for water treatment systems in these industries. Therefore, the increase in industrial activities is expected to boost the electrode ionization system industry value as the demand for water treatment and water purification can be fulfilled with the help of these systems. The increased industrial activities have also led to the rise in wastewater production as a by-product of industrial activities. Therefore, electrode ionization systems are also demanded for the purification of this wastewater for further usage and to reduce natural water body contaminations.

Technological advancements offer market opportunities for electrode ionization systems

Another key driving factor for the electrode ionization systems market relates to the developments in features and characteristics due to rapid technological advancements in the industry. As a result of these technological innovations, the development of chemical-free processes for electrode ionization systems is also expected to grow the electrode ionization systems market value.

Market Restraints:

The high initial installation and maintenance cost of the product

A significant challenge faced by this industry relates to the high initial costs of installation of electrode ionization systems which acts as a hindrance to the growth of the industry as it negatively impacts the demand. The initial installation and maintenance of electrode ionization systems incurs a large investment which can be a deterrent to its demand as many manufacturers may not be willing to make such commitments. Further, the high costs also drive away the potential demand from smaller industrial operations, especially in the early stages.

The presence of alternatives and lack of awareness

The presence of other technologies to produce ultra-pure water such as solar purification and iodine addition is expected to restrain the growth of the market for electrode ionization systems. Further, the lack of awareness about these systems in developing countries is another big factor that hinders the expansion prospects. Additionally, there are certain stringent regulations regarding the use of these systems by several governments which further makes them unattractive to emerging industries. These factors restrict the growth of the electrode ionization systems market size.

Product offerings in the electrode ionization system marketplace

• Ovivo Water offers its electro-deionization systems for chemical-free demineralization. The systems help in removing low levels of dissolved contaminants and produce demineralized high-purity water. The products can be supplied in different specifications depending on customer needs and include a wide range of electrode ionization modules for quality and flow. The products produce a reduced carbon footprint in comparison to other similar systems and can be fully automated for unmanned operation on site.
• Pure Aqua Technology offers its electrode ionization systems that help in the removal of ions from aqueous streams. The systems help to produce ultra-pure water and can be run constantly or at intervals. The product offers minimal downtime and elimination of chemical upkeep costs, as well as lower operating and maintenance costs which make it very cost-effective as compared to other such EDI systems.

Semiconductor and related end-user industries to raise the electrode ionization systems’ demand

Semiconductors also find uses in growing industries such as automotive and healthcare, for multiple applications such as in electric and hybrid vehicles, and some advanced assistance systems in automobiles and medical devices such as magnetic response imaging machines. Semiconductors are also demanded in the manufacturing of electronics to control and manage the flow of electric current. Therefore, as the demand for semiconductors from these industries grows, the demand for electrode ionization systems will also grow as they are used as cleanup agents for ultra-pure water in semiconductor manufacturing, which will ultimately increase the electrode ionization system market size too.

Asia Pacific remains one of the major electrode ionization systems markets globally

The Asia Pacific region is expected to constitute a significant share of the electrode ionization systems industry and similar trends are expected to be followed in the forecast period. This market share is owed to the growth in the manufacturing and construction activities in the major economies of the region such as Japan, and India, as well as the growth of the electronics industry and increased demand for semiconductors in regions such as China, and South Korea.

Europe and North America to witness steady growth as well

It is anticipated that North American and European regions will experience steady growth as well. The market for electrode ionization systems is anticipated to experience steady growth in the North American regions due to the presence of a mature market with a constant rate of demand for water purification and treatment systems from several industries such as electronics, construction, manufacturing, etc. The presence of large water treatment solutions providers in the region is also expected to help grow the market share of the region in the electrode ionization systems market.

Key Developments

• In May 2022, Seche Environnement announced the acquisition of a part of Veolia Environnement’s industrial water treatment services business operating in the French regions for approximately €40 million. This acquisition is made as per the antitrust remedies put forth by the European Commission concerning the merger between Veolia and Suez. The acquisition is expected to help the industrial effluent management business portfolio of Seche and will enhance its outsourcing capabilities in this segment, helping the company to secure a larger share of the market.
• In April 2021, Evoqua Water Technologies, a global leader in the water treatment solutions business, announced the acquisition of Water Consulting Specialists, Inc., involved in the design and supply of high-purity water treatment systems. The acquisition is expected to strengthen Evoqua’s water treatment systems segment, especially in electrode ionization, reverse osmosis, etc., and allow the company to gain a stronger foothold in newer industrial markets.
• In February 2022, Quench Water, involved in the business of filtered water solutions in North American regions, announced the acquisition of Pure Aqua Technology, an industry-leading provider of drinking water systems. The acquisition is expected to increase Quench’s market presence in the state of Michigan, where Pure Aqua enjoys a considerable market share.

Segmentation:

By Type

• Membrane Separation
• Ion Exchange
• Others

By Design

• Plate Construction
• Frame Construction
• Spiral Wound Construction

By End-User

• Power Generation
• Pharmaceuticals
• Electronics & Semiconductor
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• France
• United Kingdom
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• China
• Japan
• India
• South Korea
• Indonesia
• Taiwan
• Others