A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Ultrapure
Water
Market. The
study, titled “Ultrapure
Water Market - Global Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Global
Ultrapure Water Market: Overview
Ultrapure
water (UPW) is water that meets the highest standards of purity –
an attribute achieved by eliminating all contaminants. Contaminants
are present in the form of dissolved or particulate matter, inorganic
or organic compounds, and various dissolved gases that may be
reactive or inert. Also known as high-purity water, UPW is obtained
as the result of a stringent purification process that entails
multiple stages.
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Market Research Report @
Typically,
three stages are used to obtain ultrapure water: pretreatment stage,
primary stage, and polishing stage. The pretreatment stage yields
purified water, while the primary stage further purifies it and the
polishing stage uses electrodeionization or ion exchange resins. The
polishing stage requires the use of highly specialized and
sophisticated equipment. This makes it the most expensive stage in
the ultrapure water production process. Ultrafiltration is typically
the penultimate process in ultrapure water production.
The
usage of water that has been purified to adhere to exceptionally
stringent specifications is the most common in the semiconductor
industry. However, the demand for UPW is also high in clinical
research laboratories, power generation facilities, and the solar PV
manufacturing industry.
The
ecosystem of the ultrapure water market is composed primarily of
systems suppliers, ultrapure water manufacturers, dealers, and end
users. For detailed study of the global ultrapure water market, the
report segments the market on the basis of type of equipment used for
ultrapure water production, end users, applications, and geography.
From the regional standpoint, the market has been segmented into
North America, Europe, Asia Pacific, and Rest of the World.
Global
Ultrapure Water Market: Key Trends and Opportunities
The
semiconductor industry, which is governed by stringent standards, is
among the largest consumers of ultrapure water globally. An
appreciable number of operations in the semiconductor industry are
conducted in cleanroom environments, where the use of ultrapure water
is necessary. UPW is an important part of processes such as wafer
cleaning and itching. Significant expansion in the electronics and
semiconductor industries is likely to act as a high-impact growth
driver for the global UPW market.
The
usage of ultrapure water in the power industry augurs well for the
market growth. In supercritical coal-fired power plants, for
instance, the use of ultrapure water is indispensable. With the
mounting energy needs of developing economies and the resultant
large-scale electrification initiatives, the power sector in
countries such as China, India, and Brazil is expected to drive the
consumption of UPW.
Accurate
estimation of demand is a key challenge for the growth of the UPW
market. The sluggish economic scenario in various countries over the
last few years has disrupted investment plans in several industrial
projects – a factor that has created a challenge for companies in
the ultrapure water market.
Global
Ultrapure Water Market: Region-wise Outlook
The
market for ultrapure water in Asia Pacific is expected to record the
highest compounded annual growth rate during the forecast period. The
thriving electronics and power sectors in countries such as China,
Taiwan, India, Japan, and South Korea can be credited for the strong
projected performance of the UPW market in Asia Pacific. China,
especially, is a lucrative market because of sustained investments by
foreign and domestic players in its power industry. Likewise, the
presence of major electronics contract manufacturers in China is
likely to provide new growth opportunities for players in the
ultrapure water market.
Get
accurate market forecast and analysis on the Ultrapure Water market.
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The
U.S. and Canada account for the largest share of the consumption of
ultrapure water in North America. Growth in Europe is expected to
remain steady in the near future. Leading companies in the ultrapure
water market include GE Water and Process Technologies Inc., Dow
Water & Process Solutions, and Pall Corporation.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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