The ultra pure water market size has grown strongly in recent years. It will grow from $9.88 billion in 2023 to $10.8 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth observed in the historic period can be credited to increased demand within the semiconductor industry, electronics manufacturing, as well as applications in pharmaceuticals, biotechnology, power generation, healthcare, and laboratory sectors.
The ultra pure water market size is expected to see rapid growth in the next few years. It will grow to $16.21 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The anticipated growth in the forecast period stems from heightened demand in electronics manufacturing, the expanding biopharmaceutical industry, increased requirements for power generation, advancements in healthcare and life sciences, as well as evolving environmental and regulatory standards. Major trends expected during this period include the expansion of the electronics industry, rapid growth in healthcare infrastructure, initiatives focused on water recycling and reuse, heightened awareness regarding waterborne diseases, market consolidation, and the formation of strategic partnerships.
Increased demand within the semiconductor manufacturing industry is fueling growth in the ultra-pure water market. This industry involves the production of semiconductors through nanofabrication procedures on highly pure single crystal silicon substrates. Ultrapure water plays a critical role at every manufacturing stage, requiring processes and treatment technologies to eliminate pollutants, minerals, microbes, and trace compounds. Notably, in March 2022, TSMC reported a rise in water usage from 2020 to 2021, emphasizing the heightened use of ultra-pure water in semiconductor production, driving market growth.
The growing pharmaceutical industry is expected to propel the growth of the ultra pure water market going forward. The pharmaceutical industry is a sector that involves the discovery, development, and production of drugs and medicines by both governmental and private entities. The pharmaceutical industry utilizes ultra-pure water for critical manufacturing processes and quality control to ensure the production of pharmaceuticals free from contaminants, meeting stringent regulatory standards, and ensuring patient safety. For instance, in May 2021, according to reports published by IQVIA Inc., a US-based pharmaceutical company, the projected total expenditure on pharmaceuticals in the US is anticipated to range between $380 and $400 billion by the year 2025, up from $359 billion in 2020, reflecting a compound annual growth rate of 0-3%. Therefore, the growing pharmaceutical industry is driving the growth of the ultra pure water market.
Cutting-edge advancements in ultra-pure water systems are increasingly vital across sectors such as manufacturing and semiconductors. The removal of chemical impurities relies on techniques such as de-ionization (DI) and reverse osmosis. The market's recent demand for EDI ultra-pure water systems, using electricity, ion exchange membranes, and resin, highlights this evolution. Major industry players, such as Merck and Co., launched the Milli-Q EQ 7000 ultra-pure Water Purification System in January 2021. This sophisticated system, offering tailored ultrapure water quality, emphasizes a comprehensive qualification process, advanced data traceability, and precise TOC monitoring.
Prominent players in the ultra-pure water market are directing their focus towards cutting-edge solutions, such as centralized laboratory water purification systems. These systems cater to diverse laboratory needs, integrating with various water treatment technologies. A notable example is Envirogen Group's LabPure, launched in January 2023. This centralized, energy-efficient ultra-pure water purification system is tailored for lab environments requiring Type 1 ultra-pure water. Utilizing chemical-free RO-EDI technology, LabPure offers flow rates ranging from 150 to 1000 l/h for versatile applications. Compliant with regulatory standards, LabPure can be customized to meet specific requirements, optimizing energy efficiency and space utilization.
In January 2023, MECO Inc., a US-based leader in water purification solutions, successfully completed the acquisition of Water Works, a US-based manufacturer specializing in water features, storm, sanitary sewer, and erosion control products, including ultra-pure water systems. The undisclosed transaction aligns with MECO's strategic vision, fortifying its ultrapure water treatment portfolio aimed at life science and biopharmaceutical sectors. This acquisition bolsters MECO's capabilities, enhancing its offerings to cater specifically to the discerning needs of its clientele in these industries.
Major companies operating in the ultra pure water market report are General Electric Company, The Dow Chemical Company, Veolia Environnement S.A., 3M Company, Danaher Corporation, Nalco Water an Ecolab Company, Asahi Kasei Corporation, Human Corporation, Ecolab Inc., DuPont de Nemours Inc., Suez S.A., Sartorius AG, Pentair PLC, Pall Corporation, Kurita Water Industries Ltd., Evoqua Water Technologies LLC, Organo Corporation, Paul Hartmann AG, Veolia Water Technologies Deutschland GmbH, Skan AG, Ovivo Inc., Osmoflo Holdings Pty Ltd., Applied Membranes Inc., Komal Water Industries, RODI Systems Corporation, EnviroFALK PharmaWaterSystems GmbH, Esau & Hueber GmbH, RULAND Engineering & Consulting GmbH, Aqua Solutions Inc., MembraPure GmbH, Labtec Services AG.
Asia-Pacific was the largest region in the ultra pure water market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the ultra pure water market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ultra pure water market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary equipment for producing ultra-pure water includes filtration, reverse osmosis, ultraviolet, electro deionization, and other specialized tools. Filtration equipment is vital in removing chlorine, taste, odor, and various contaminants from water to achieve ultra-purity. Ultra-pure water systems come in both large and small-scale capacities, serving purposes such as washing fluids and process feeds. They find extensive application in industries such as semiconductor manufacturing, power generation, flat panel display production, pharmaceuticals, and other end-user sectors requiring exceptionally pure water standards.
The ultra pure water market research report is one of a series of new reports that provides ultra pure water market statistics, including ultra pure water industry global market size, regional shares, competitors with a ultra pure water market share, detailed ultra pure water market segments, market trends and opportunities, and any further data you may need to thrive in the ultra pure water industry. This ultra pure water market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The ultra pure water market consists of sales of ultra-pure water used as consumables and others. The ultra pure water market includes filtration, reverse osmosis, ultraviolet, electro deionization. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The ultra pure water market size is expected to see rapid growth in the next few years. It will grow to $16.21 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The anticipated growth in the forecast period stems from heightened demand in electronics manufacturing, the expanding biopharmaceutical industry, increased requirements for power generation, advancements in healthcare and life sciences, as well as evolving environmental and regulatory standards. Major trends expected during this period include the expansion of the electronics industry, rapid growth in healthcare infrastructure, initiatives focused on water recycling and reuse, heightened awareness regarding waterborne diseases, market consolidation, and the formation of strategic partnerships.
Increased demand within the semiconductor manufacturing industry is fueling growth in the ultra-pure water market. This industry involves the production of semiconductors through nanofabrication procedures on highly pure single crystal silicon substrates. Ultrapure water plays a critical role at every manufacturing stage, requiring processes and treatment technologies to eliminate pollutants, minerals, microbes, and trace compounds. Notably, in March 2022, TSMC reported a rise in water usage from 2020 to 2021, emphasizing the heightened use of ultra-pure water in semiconductor production, driving market growth.
The growing pharmaceutical industry is expected to propel the growth of the ultra pure water market going forward. The pharmaceutical industry is a sector that involves the discovery, development, and production of drugs and medicines by both governmental and private entities. The pharmaceutical industry utilizes ultra-pure water for critical manufacturing processes and quality control to ensure the production of pharmaceuticals free from contaminants, meeting stringent regulatory standards, and ensuring patient safety. For instance, in May 2021, according to reports published by IQVIA Inc., a US-based pharmaceutical company, the projected total expenditure on pharmaceuticals in the US is anticipated to range between $380 and $400 billion by the year 2025, up from $359 billion in 2020, reflecting a compound annual growth rate of 0-3%. Therefore, the growing pharmaceutical industry is driving the growth of the ultra pure water market.
Cutting-edge advancements in ultra-pure water systems are increasingly vital across sectors such as manufacturing and semiconductors. The removal of chemical impurities relies on techniques such as de-ionization (DI) and reverse osmosis. The market's recent demand for EDI ultra-pure water systems, using electricity, ion exchange membranes, and resin, highlights this evolution. Major industry players, such as Merck and Co., launched the Milli-Q EQ 7000 ultra-pure Water Purification System in January 2021. This sophisticated system, offering tailored ultrapure water quality, emphasizes a comprehensive qualification process, advanced data traceability, and precise TOC monitoring.
Prominent players in the ultra-pure water market are directing their focus towards cutting-edge solutions, such as centralized laboratory water purification systems. These systems cater to diverse laboratory needs, integrating with various water treatment technologies. A notable example is Envirogen Group's LabPure, launched in January 2023. This centralized, energy-efficient ultra-pure water purification system is tailored for lab environments requiring Type 1 ultra-pure water. Utilizing chemical-free RO-EDI technology, LabPure offers flow rates ranging from 150 to 1000 l/h for versatile applications. Compliant with regulatory standards, LabPure can be customized to meet specific requirements, optimizing energy efficiency and space utilization.
In January 2023, MECO Inc., a US-based leader in water purification solutions, successfully completed the acquisition of Water Works, a US-based manufacturer specializing in water features, storm, sanitary sewer, and erosion control products, including ultra-pure water systems. The undisclosed transaction aligns with MECO's strategic vision, fortifying its ultrapure water treatment portfolio aimed at life science and biopharmaceutical sectors. This acquisition bolsters MECO's capabilities, enhancing its offerings to cater specifically to the discerning needs of its clientele in these industries.
Major companies operating in the ultra pure water market report are General Electric Company, The Dow Chemical Company, Veolia Environnement S.A., 3M Company, Danaher Corporation, Nalco Water an Ecolab Company, Asahi Kasei Corporation, Human Corporation, Ecolab Inc., DuPont de Nemours Inc., Suez S.A., Sartorius AG, Pentair PLC, Pall Corporation, Kurita Water Industries Ltd., Evoqua Water Technologies LLC, Organo Corporation, Paul Hartmann AG, Veolia Water Technologies Deutschland GmbH, Skan AG, Ovivo Inc., Osmoflo Holdings Pty Ltd., Applied Membranes Inc., Komal Water Industries, RODI Systems Corporation, EnviroFALK PharmaWaterSystems GmbH, Esau & Hueber GmbH, RULAND Engineering & Consulting GmbH, Aqua Solutions Inc., MembraPure GmbH, Labtec Services AG.
Asia-Pacific was the largest region in the ultra pure water market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the ultra pure water market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ultra pure water market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary equipment for producing ultra-pure water includes filtration, reverse osmosis, ultraviolet, electro deionization, and other specialized tools. Filtration equipment is vital in removing chlorine, taste, odor, and various contaminants from water to achieve ultra-purity. Ultra-pure water systems come in both large and small-scale capacities, serving purposes such as washing fluids and process feeds. They find extensive application in industries such as semiconductor manufacturing, power generation, flat panel display production, pharmaceuticals, and other end-user sectors requiring exceptionally pure water standards.
The ultra pure water market research report is one of a series of new reports that provides ultra pure water market statistics, including ultra pure water industry global market size, regional shares, competitors with a ultra pure water market share, detailed ultra pure water market segments, market trends and opportunities, and any further data you may need to thrive in the ultra pure water industry. This ultra pure water market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The ultra pure water market consists of sales of ultra-pure water used as consumables and others. The ultra pure water market includes filtration, reverse osmosis, ultraviolet, electro deionization. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Table of Contents
1. Executive Summary2. Ultra Pure Water Market Characteristics3. Ultra Pure Water Market Trends and Strategies32. Global Ultra Pure Water Market Competitive Benchmarking33. Global Ultra Pure Water Market Competitive Dashboard34. Key Mergers and Acquisitions in the Ultra Pure Water Market
4. Ultra Pure Water Market - Macro Economic Scenario
5. Global Ultra Pure Water Market Size and Growth
6. Ultra Pure Water Market Segmentation
7. Ultra Pure Water Market Regional and Country Analysis
8. Asia-Pacific Ultra Pure Water Market
9. China Ultra Pure Water Market
10. India Ultra Pure Water Market
11. Japan Ultra Pure Water Market
12. Australia Ultra Pure Water Market
13. Indonesia Ultra Pure Water Market
14. South Korea Ultra Pure Water Market
15. Western Europe Ultra Pure Water Market
16. UK Ultra Pure Water Market
17. Germany Ultra Pure Water Market
18. France Ultra Pure Water Market
19. Italy Ultra Pure Water Market
20. Spain Ultra Pure Water Market
21. Eastern Europe Ultra Pure Water Market
22. Russia Ultra Pure Water Market
23. North America Ultra Pure Water Market
24. USA Ultra Pure Water Market
25. Canada Ultra Pure Water Market
26. South America Ultra Pure Water Market
27. Brazil Ultra Pure Water Market
28. Middle East Ultra Pure Water Market
29. Africa Ultra Pure Water Market
30. Ultra Pure Water Market Competitive Landscape and Company Profiles
31. Ultra Pure Water Market Other Major and Innovative Companies
35. Ultra Pure Water Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Ultra Pure Water Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on ultra pure water market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for ultra pure water? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Equipment: Filtration; Reverse Osmosis; Ultraviolet; Electro Deionization; Other Equipment
2) By Capacity Consideration: Large Scale; Small Scale
3) By Application: Washing Fluid; Process Feed
4) By End-user: Semiconductor; Power Generation; Flat Panel Display; Pharmaceuticals; Other End-users
Key Companies Mentioned: General Electric Company; The Dow Chemical Company; Veolia Environnement S.A.; 3M Company; Danaher Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- General Electric Company
- The Dow Chemical Company
- Veolia Environnement S.A.
- 3M Company
- Danaher Corporation
- Nalco Water an Ecolab Company
- Asahi Kasei Corporation
- Human Corporation
- Ecolab Inc.
- DuPont de Nemours Inc.
- Suez S.A.
- Sartorius AG
- Pentair plc
- Pall Corporation
- Kurita Water Industries Ltd.
- Evoqua Water Technologies LLC
- Organo Corporation
- Paul Hartmann AG
- Veolia Water Technologies Deutschland GmbH
- Skan AG
- Ovivo Inc.
- Osmoflo Holdings Pty Ltd.
- Applied Membranes Inc.
- Komal Water Industries
- RODI Systems Corporation
- EnviroFALK PharmaWaterSystems GmbH
- Esau & Hueber GmbH
- RULAND Engineering & Consulting GmbH
- Aqua Solutions Inc.
- MembraPure GmbH
- Labtec Services AG
Methodology
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