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Ultra-pure water market size to reach revenue of $ 11.21 billion by 2026

Ultra-pure water market size to reach revenue of $ 11.21 billion by 2026

CHICAGO, September 15, 2021 / PRNewswire / – In-depth analysis and data-driven insights into the impact of COVID-19 included in this global ultrapure water market report.

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The ultra-pure water market is expected to grow with a CAGR of over 7.78% in the period 2020−2026.

Key highlights offered in the report:

  1. The pharmaceutical segment dominated the market in Europe and accounted for 40.33% of the global market.

  2. Filtration segment accounted for the majority of the market in 2020 and is expected to grow by a 6.97% CAGR during the forecast period in terms of revenue.

  3. In terms of capacity considerations, the large-scale segment will dominate the ultra-clean water market in 2020 and is expected to add USD 2.55 billion income in the forecast period.

  4. Upon application, the detergent segment dominated the market with a share of 64.71% in 2020 in terms of revenue and is expected to grow with a CAGR of 7.45% during 2020-2026.

  5. APAC is the largest market under the ultra-pure water market with an expected incremental turnover of 2.27 billion USD with an absolute growth of 52.76% between 2020-2026.

  6. North America is the second largest market for ultrapure water and accounts for a share of 23.35% in 2020 in terms of revenue.

  7. The semiconductor segment dominated the market with a market share of 37.18% in terms of revenue in 2020 and is expected to grow with a CAGR of 8.55% between 2020 and 2026.

Key offers:

  • Market size and forecast by turnover | 2020−2026

  • Market Dynamics – Leading trends, growth drivers, constraints and investment opportunities

  • Field Segmentation-A detailed analysis by equipment, application, end user, capacity consideration and geography

  • Competitive landscape – 5 key suppliers and 20 other suppliers

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Ultra-pure water market – segmentation

  • Based on equipment, the global market for ultra-pure water is divided into filtration, ultraviolet, electrodeionization, RO and other equipment. The filtering segment accounted for a share of 34.90% in 2020 and is expected to experience absolute growth of 49.83% in terms of revenue by the end of 2026.

  • Carbon-fired power is the second largest industry and is used as a process feed to improve efficiency. The ultrapure water is used as process feed in coal power plants and gas turbine power plants.

  • The electricity generation segment accounted for a revenue share of 27.51% in 2020 and is expected to witness absolute growth of 43.25% by the end of 2026. In the power generation industry, ultra-clean water is frequently used on offshore oil rigs for turbine washing and cooling, for hydraulic fluids, power magnifiers and boiler feed water.

Ultra-pure water market for equipment

  • Filtering

  • Reverse osmosis

  • Ultraviolet

  • Electrodeionization

  • Others

Ultra-pure water market on application

  • Detergent

  • Process Feed

Ultra-pure water market by end user

  • Semiconductor

  • Electricity production

  • Flat screen

  • Drugs

  • Others

Ultra-pure water market after capacity consideration

Ultra-pure water market – dynamics

5G technology will help manage water infrastructure in the coming years. In the water industry, autonomous infrastructure operation, long-distance driving and real-time data use are expected to make significant differences. About 26 billion units are expected to be connected by 2022, and for this to be possible, 5G is a must. In 2020, advances in 5G technology increased momentum on the global platform. However, it had been consolidated in some regions, and many countries have recently begun to move beyond the pilot test phase and move to the business model. The advent of 5G brings several new business opportunities and services with added value due to its low latency and ability to connect millions of devices in a small area. In the water industry, self-sufficient infrastructure operation, long-distance driving and real-time data use will make a difference in the forecast period. 5G will enable water professionals to connect multiple parts of the business through collaborative communication platforms, information, data and division of labor.

Key drivers and trends that promote market growth:

  • Developing microelectronics market

  • Rising demand in the semiconductor industry

  • Rising demand for clean room practices

Ultra-Pure Water Market – Geography

In 2020, APAC was the largest market for ultra-pure water with a turnover share of 60.05% and was expected to maintain its dominance during the forecast period. Market revenue is expected to grow at a CAGR of 7.32% and reach 6.56 billion USD in 2026. Growth is supported by increasing demand for ultra-pure water in the semiconductor industry, especially in countries such as China, South Korea, and India. In addition, the increasing installation of coal-fired power plants in the region is another factor driving the expansion of the ultra-clean water market. The semiconductor industry is one of the largest consumers of ultra-pure water, with APAC being the largest market for semiconductors. The market is supported by China, Japan, South Korea, India, Taiwan, and Singapore. The reducing production and design costs and the intense growth of the electronics industry are factors driving the semiconductor market in the region. In addition, new technological developments and the use of more technologically advanced devices are other key factors driving the demand for the semiconductor market in the region.

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Ultra-pure water market by geography

  • APAC

  • North America

  • Europe

  • Middle East & Africa

  • Latin America

Large dealers

  • General Electric

  • Pall Corporation

  • DuPont

  • Asahi Kasei Corporation

  • Pentair

Other prominent suppliers

  • Nalco

  • SUEZ

  • Evoqua Water Technologies

  • sea ​​color

  • 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 Purification Equipment Company

Explore our consumables and retail technology profile to learn more about the industry.

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