Dublin, November 25, 2021 /PRNewswire/-"Ultra-pure water market-2021-2026 global outlook and forecast" report has been added to ResearchAndMarkets.com products.
The ultrapure water market is worth 7.15 billion U.S. dollars in 2020 and is expected to reach 11.21 billion U.S. dollars in 2026, with a compound annual growth rate of 7.78%.
The main end users of the ultrapure water treatment market include industries such as semiconductors, solar photovoltaics, pharmaceuticals, power generation (subcritical and supercritical boilers), and professional applications such as research laboratories.
The outbreak of the COVID-19 pandemic may accelerate digitization, which is expected to have a positive impact on the microelectronics industry. The introduction of 5G mobile networks is expected to stimulate demand for semiconductor components.
In addition, the adoption of Internet of Things (IoT) technologies such as cloud computing, data analysis, blockchain, and enhanced intelligence has been strengthened. This will increase the industry's demand for ultrapure water.
The revenue share of the filtering part in 2020 is 34.90%, and it is expected to have an absolute growth of 49.83% by the end of 2026. Ultrapure filtration technology includes particle filtration, depth filtration, carbon filtration, microfiltration, ultrafiltration, nanofiltration, and gas filtration.
Washing liquid is the largest application field of ultrapure water, and it accounts for the highest proportion in the ultrapure water industry. Most industries such as semiconductors, flat panel displays, and pharmaceuticals use ultra-pure water as a cleaning fluid, which increases demand.
Asia: The Asian market for consumables and hardware is expected to create demand for ultra-pure water in the semiconductor, pharmaceutical, flat panel display, and power generation industries.
North America: North America is one of the fastest growing regions for ultrapure water. Ultrapure water is used as a cleaning agent by semiconductor companies such as Intel Corporation, Nvidia, Texas Instruments, and Micron Technology. It is used to remove dissolved impurities that may settle or particles that may settle on the circuit and cause microchip failure.
Europe: The pharmaceutical industry is one of the developing industries in the region. Germany is the leading pharmaceutical market in Europe. Therefore, the growth of the pharmaceutical industry will lead to an increase in the demand for ultrapure water. This will help the development of the ultrapure water industry in the region.
The main players in this industry are General Electric, Pall Corporation, DuPont, Asahi Kasei Corporation and Pentair.
Customers are looking for suppliers that provide value-added services. This has prompted companies in the industry to focus their efforts on continuing to provide a variety of products and services. Asahi Kasei Corporation has first-mover advantages in many fields. Global business solutions and strategies helped the company come up with a unique solution to open up an unsatisfied market.
Innovation, cost and convenience play a vital role in establishing demand for such products. Therefore, suppliers need to keep up with the latest customer needs and trends in the ultrapure water industry.
Market growth is supported by increasing demand for ultrapure water filtration used to clean small electronic devices such as wafers and semiconductors.
Geographically, the Asia-Pacific region is the largest ultrapure water market, accounting for 60.05% of the global ultrapure water market.
The pharmaceutical sector occupies a dominant position in the European market, accounting for 40.33% of the global market share.
Suppliers need to find partners in emerging industries to expand their geographic influence in other potential markets.
Zhuhai Wangyang Water Treatment Equipment Company
Key topics covered: 1 Research methodology 2 Research objectives 3 Research process 4 Scope and coverage 4.1 Market definition 4.2 Base year 4.3 Research scope 4.4 Market segmentation 5 Reporting assumptions and considerations 5.1 Key considerations 5.2 Currency conversion 5.3 Market derivatives 6 Market overview 7 Introduction 7.1 Overview 7.2 Impact of the COVID-19 Scenario 8 Market Opportunities and Trends 8.1 Transition to 5G 8.2 Evolving Microelectronics Market 9 Market Growth Drivers 9.1 Increased Demand in the Semiconductor Industry 9.2 Increased Demand for Clean Room Practices 10 Market Constraints V10 .2 High-end standards 10.1 High standards to promote nanotechnology requirements 10.3 Coal-based power generation decline 11 Market structure 11.1 Market overview 11.2 Market scale and forecast 11.3 Five forces analysis 12 Equipment 12.1 Market snapshot and growth engine 12.2 Market overview 12.3 Filter 12.4 RO Reverse osmosis ( UV2.5)) 12.6 Electrodeionization (EDI) 12.7 Other 13 Applications 13.1 Market Snapshot and Growth Engine 13.2 Market Overview 13.3 Washing Liquid 13.4 Process Feed 14 End User 14.1 Market Snapshot and Growth Engine 14.2 Market Overview 14.3 Semiconductor 14.4 Power Generation 14.5 Flat Panel Display 14.6 14.6 Consider pharmaceuticals 15.7 Capacity growth engines 15.7 Other market engines 15.2 Market overview 15.3 Small scale 15.4 Large scale 16 Geography 16.1 Market snapshots and growth engines 16.2 Geographic overview
For more information about this report, please visit https://www.researchandmarkets.com/r/wcxi09
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