The global ultrapure water market size reached US$ 8.2 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 13.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.22% during 2023-2028.
Ultrapure water (UPW), or high-purity water (HPW) or highly purified water (HPW), refers to water that has been purified to extremely strict standards to make it contaminant-free. A severe adherence to these standards is maintained throughout the purification process. The stringent adherence to strict limitations or specifications concerning biological organisms like pyrogens, bacteria, and viruses, organic carbon, dissolved and suspended solids, and dissolved gases is required to be maintained. In industrial applications, ultrapure water is suitable for use as a solvent. As a result, ultrapure water is used in medical applications, such as formulating drugs, medical supplies, surgery and therapeutic procedures. In addition to this, it is also used in the manufacturing processes for electronics and pharmaceuticals.
2. What is the expected growth rate of the global ultrapure water market during 2023-2028?
3. What are the key factors driving the global ultrapure water market?
4. What has been the impact of COVID-19 on the global ultrapure water market?
5. What is the breakup of the global ultrapure water market based on the materials and services?
6. What is the breakup of the global ultrapure water market based on the application?
7. What is the breakup of the global ultrapure water market based on the end use industry?
8. What are the key regions in the global ultrapure water market?
9. Who are the key players/companies in the global ultrapure water market?
Ultrapure water (UPW), or high-purity water (HPW) or highly purified water (HPW), refers to water that has been purified to extremely strict standards to make it contaminant-free. A severe adherence to these standards is maintained throughout the purification process. The stringent adherence to strict limitations or specifications concerning biological organisms like pyrogens, bacteria, and viruses, organic carbon, dissolved and suspended solids, and dissolved gases is required to be maintained. In industrial applications, ultrapure water is suitable for use as a solvent. As a result, ultrapure water is used in medical applications, such as formulating drugs, medical supplies, surgery and therapeutic procedures. In addition to this, it is also used in the manufacturing processes for electronics and pharmaceuticals.
Ultrapure Water Market Trends:
The market is majorly driven by the augmenting product demand for cleaning small and minute electronic equipment, including semiconductors and wafers. This can be attributed to the rapid utilization of UPW as process feed and washing fluids in a variety of end-use sectors. In addition to this, the increasing adoption of cleanroom practices in molecular science is providing an impetus to the market. Moreover, a considerable rise in the installations of supercritical and ultra-supercritical coal power plants is creating lucrative market growth opportunities. The market is further propelled by the growing adoption of ultrapure water in various applications of the nanoscience industry. Apart from this, the increasing demand for UPW as a raw material in drug synthesis and cleaning is resulting in a higher product uptake in the medical sector. Some of the other factors contributing to the market include the growing investments in wafer washing, continual technological advancements, such as membrane distillation (MD), and extensive research and development (R&D) activities.Key Market Segmentation
The report provides an analysis of the key trends in each sub-segment of the global ultrapure water market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on materials and services, application and end use industry.Breakup by Materials and Services:
- Filtration
- Consumables/Aftermarket
- Others
Breakup by Application:
- Washing Fluid
- Process Feed
Breakup by End Use Industry:
- Semiconductor
- Pharmaceuticals
- Power Generation
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being Applied Membranes Inc., Asahi Kasei Corporation, Dupont De Nemours Inc., Evoqua Water Technologies, Komal Water Industries, Kurita Water Industries Ltd., MANN+HUMMEL Water & Fluid Solutions GmbH, Organo Corporation, Pall Corporation (Danaher Corporation), Pentair plc and RODI Systems Corporation.Key Questions Answered in This Report
1. How big is the global ultrapure water market?2. What is the expected growth rate of the global ultrapure water market during 2023-2028?
3. What are the key factors driving the global ultrapure water market?
4. What has been the impact of COVID-19 on the global ultrapure water market?
5. What is the breakup of the global ultrapure water market based on the materials and services?
6. What is the breakup of the global ultrapure water market based on the application?
7. What is the breakup of the global ultrapure water market based on the end use industry?
8. What are the key regions in the global ultrapure water market?
9. Who are the key players/companies in the global ultrapure water market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Ultrapure Water Market
6 Market Breakup by Materials and Services
7 Market Breakup by Application
8 Market Breakup by End Use Industry
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Applied Membranes Inc.
- Asahi Kasei Corporation
- Dupont De Nemours Inc.
- Evoqua Water Technologies
- Komal Water Industries
- Kurita Water Industries Ltd.
- MANN+HUMMEL Water & Fluid Solutions GmbH
- Organo Corporation
- Pall Corporation (Danaher Corporation)
- Pentair plc
- RODI Systems Corporation
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 149 |
| Published | October 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 8.2 Billion |
| Forecasted Market Value ( USD | $ 13.4 Billion |
| Compound Annual Growth Rate | 8.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
