Ultrapure Water Market Size Expected to Reach USD 11.21 Billion in Revenue by 2026

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CHICAGO, September 15, 2021 / PRNewswire / – In-depth analysis and data-driven insights into the impact of COVID-19 included in this report on the Global Ultrapure Water Market.

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

Highlights presented in the report:

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

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

  3. In terms of capacity, the large-scale segment dominates the ultrapure water market in 2020 and is expected to add more $ 2.55 billion turnover during the forecast period.

  4. By application, the washing liquids segment dominated the market with a share of 64.71% in 2020 in terms of revenue and is expected to grow at a CAGR of 7.45% in 2020-2026.

  5. APAC is the largest market in the ultrapure water market with expected additional revenue of $ 2.27 billion with an absolute growth of 52.76% between 2020-2026.

  6. North America is the second market for ultrapure water, represents the share of 23.35% in 2020 in terms of turnover.

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

Key offers:

  • Market Size and Forecast by Revenue | 2020-2026

  • Market dynamics – Key trends, growth drivers, constraints and investment opportunities

  • Market 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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Ultrapure Water Market – Segmentation

  • On the basis of equipment, the global ultrapure water market is segmented into filtration equipment, ultraviolet, electrodeionization, RO, and others. The filtration 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.

  • Coal-fired power is the second largest industry and is used as a process feed to improve efficiency. Ultrapure water is used as a raw material in coal-fired power plants and gas turbine power generation companies.

  • The power generation segment accounted for a revenue share of 27.51% in 2020 and is expected to experience absolute growth of 43.25% by the end of 2026. In the power generation industry, Ultrapure water is frequently used on offshore oil rigs for turbine washing and cooling, for hydraulic fluids, power boosting machines and boiler feedwater.

Ultrapure Water Market by Equipment

  • Filtration

  • Reverse osmosis

  • Ultraviolet

  • Electro Deionization

  • Others

Ultrapure Water Market by Application

  • Washing liquid

  • Process flow

Ultrapure Water Market by End User

  • Semiconductor

  • Energy production

  • Flat screen

  • Medications

  • Others

Ultrapure water market by consideration of capacity

Ultrapure Water Market – Dynamic

5G technology will help manage water infrastructure for years to come. In the water industry, the operation of autonomous infrastructure, remote driving and the use of real-time data are expected to make significant differences. Around 26 billion devices are expected to be connected by 2022, and for that to be achievable, 5G is essential. In 2020, advancements in 5G technology have accelerated on the global platform. However, it had been consolidated in some regions, and many countries have recently started to move beyond the pilot test phase, moving to the business model. The arrival of 5G brings several new business opportunities and value-added services due to its low latency and ability to connect millions of devices in a small area. In the water sector, the autonomous operation of infrastructure, remote control and the use of real-time data will make the difference during the forecast period. 5G will offer water professionals the ability to connect more parts of the business using collaborative communication, information, data and work-sharing platforms.

Key Drivers and Trends Driving Market Growth:

  • Evolving microelectronics market

  • Growing demand in the semiconductor industry

  • Growing demand for cleanroom practices

Ultrapure water market – Geography

In 2020, APAC was the largest ultrapure water market with a revenue share of 60.05% and is 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 by 2026. Growth is supported by increasing demand for ultrapure water in the semiconductor industry, especially in countries such as China, South Korea, and India. In addition, the growing installation of coal-fired power plants in the region is another factor in the expansion of the ultrapure water market. The semiconductor industry is one of the biggest consumers of ultrapure water, with APAC being the biggest market for semiconductors. The market is supported by China, Japan, South Korea, India, Taiwan, and Singapore. The reduction in manufacturing and design costs and the intense growth of the electronics industry are factors that are boosting the semiconductor market in the region. In addition, new technological developments and the use of several technologically advanced devices are other key factors which are driving the demand for the semiconductor market in the region.

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Ultrapure Water Market by Geography

  • APAC

  • North America

  • Europe

  • Middle East & Africa

  • Latin America

Main suppliers

  • General Electric

  • Pall Corporation

  • DuPont

  • Asahi Kasei Company

  • Pentair

Other important suppliers

  • Nalco

  • SUEZ

  • Evoqua Water Technologies

  • Mar Cor

  • Organo Corporation

  • Ovivo

  • Veolia

  • Kurita Water Industries

  • Aqua-Chem

  • Reynolds culligan

  • Ultrapure water technologies

  • Pure Water Group

  • Merck

  • SpectraPure

  • Nancrede Engineering

  • RODI System Corporation

  • Biosan

  • Sartorius

  • Agape water solutions

  • Zhuhai Wangyang Water Treatment Equipment Company

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