Ultrapure Water Market revenue projected to go up by 2016-2024
Ultrapure Water Market: Overview
The ultrapure water generation process removes contaminants from the water by using a series of unit operations to obtain pure water. There are various types of contaminants such as organic or inorganic compounds, dissolved or particulate matter, and various kinds of dissolved gasses that may be reactive or inert. The water is treated in three stages for obtaining high purity water. In the pretreatment stage, the first stage purified water is produced. In the next stage, that is, the primary stage, the water is further purified. The last stage is the polishing stage which uses electro deionization. This stage is the most expensive owing to the use of highly specialized and sophisticated equipment.
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Ultrapure Water Market: Segmentation
The ultrapure water market can be segmented into application, end-use industry, and regions. Based on the application, the ultrapure water market is segmented into washing fluid and process feed. On the basis of end-use industry, the market is categorized into gas turbine power, flat panel display, semiconductors, coal-fired power, pharmaceuticals, and others. The ultrapure water market is geographically diversified into Asia Pacific, North America, Europe, and Rest of the World.
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Ultrapure Water Market: Growth Factors
The ultrapure water is mainly used in the semiconductor industry. It is used in clean room practices, wafer fabrication, and other processes. The semiconductors market has developed technologically, thus the need to give the highest grade of ultrapure water has increased the unit costs for the industry. Hence, the semiconductor wafer manufacturers are the main consumers of the ultrapure water. The growth in the electronics and semiconductor industry has significantly impacted the ultrapure water market in a positive way. The ultrapure water is also highly used in power generation facilities, clinical research laboratories, and solar PV manufacturing sector, thus driving the ultrapure water market. In the coal-fired power plants, the ultrapure water plays a crucial role, hence increasing the demand of the ultrapure water market. The sluggish financial investments in different countries have disrupted many industrial projects which have created a problem for the ultrapure water market.
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Ultrapure Water Market: Regional Analysis
The ultrapure water market is dominated by Asia-Pacific mainly owing to the increase in the requirement for ultrapure water from China and other countries in this region. The high demand for ultrapure water in the semiconductors and coal-fired power plants has made China the leading country in the ultrapure water market followed by Taiwan and South Korea. The countries such as Canada and the U.S. have the largest consumption of the ultrapure water, thus driving the market of North America. The growth of the ultrapure water market in Europe is expected to remain steady.
Ultrapure Water Market: Competitive Players
Some of the major players operating in the ultrapure water market are Sterling Berkfeld, Ovivo Inc., MICRODYN-NADIR, Siemens Water Technologies, Pentair PLC, Koch Membrane Systems, Evoqua Water Technologies, GE Water and Process Technologies Inc., Asahi Kasei, Veolia Environment S.A., Aquatech, PALL Corporation, Neto Denco, Hydronautics, Alamo Water Refiners Inc., Kurita Water Industries Ltd., and Dow Water & Process Solutions. The GE Infrastructure supported its Water & Process Technologies division by purchasing both Osmonics, Ionics and Zenon, while Siemens Water Technologies attained USFilter as well as smaller alternative technologies to improve its technology.
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Global Ultrapure Water Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
What Report Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
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