Global Ultrapure Water Market Overview:
The growing usage of the ultrapure water (UPW) in the power industry will help to boost global ultrapure water market in the forecasted period. The ultrapure water generation procedure eliminates contaminants from the water by using a series of unit operations to get pure water. There are various types of contaminants are present in water including dissolved or particulate matter, organic or inorganic compounds, and numerous kinds of dissolved gasses that may be reactive or inert. UPW is also called as high-purity water, UPW is obtained as the result of a stringent purification process that involves many steps.
As per latest study released by AMA Research, the Global Ultrapure Water market is expected to see growth rate of 8.8%Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
High Growth Market | Asia- Pacific |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Ultrapure Water Market Dynamics:
Attributes | Details |
---|
Growth Drivers | - High Demand for Cleanroom Practices
- Constant Expansion in the Semiconductors Industry
|
Restraints | - High Level of Competitions between Market Players
- Impractical Universal Marketing
|
Road Blocks / Challenges | - Meeting High Standard Requirements of Advancing Nanotechnology
|
Gaps & Opportunities | - Growing Investment for Wafers Washing in Developing Countries
- Surge Installations of Supercritical as well as Ultra-Supercritical Coal Power Plants
|
Competitive Landscape:
The global ultrapure market seems to be fragmented due to the existence of some established and local ultrapure makers and is quite competitive. Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Some of the key players profiled in the report are Dow Water & Process Solutions (United States), GE Water and Process Technologies Inc. (United States), PALL Corporation (United States), Veolia Environment S.A (France), OVIVO INC (Canada), MICRODYN-NADIR (Mann+Hummel) (Germany), Pentair PLC (United States), Koch Membrane Systems (United States), Evoqua Water Technologies (United States) and Asahi Kasei (Japan). Additionally, following companies can also be profiled that are part of our coverage like Hyrdranautics (United States), Alamo Water Refiners Inc. (United States) and Kurita Water Industries Ltd. (Japan). Analyst at AMA Research see United States Vendors to retain maximum share of Global Ultrapure Water market by 2027. Considering Market by Equipment, the sub-segment i.e. Filtration will boost the Ultrapure Water market. Considering Market by End User, the sub-segment i.e. Semiconductors will boost the Ultrapure Water market.
Latest Market Insights:
On October 2021, DOW and Haldor Topsoe have announced a partnership. Dow and Haldor Topsoe's partnership will turn waste plastic into circular plastic. and On 23rd January 2019, Pentair, a leading global water treatment company, has opened a state-of-the-art innovation center in Apex, N.C., proceeding the corporation’s commitment to innovation and digital transformation in delivering smart, sustainable water solutions for swimming pools and water treatment solutions.
On April 2021, Mura Technology announced a partnership with Dow Chemicals, one of the largest global plastics manufacturers. The partnership will support the rapid expansion of Mura's new HydroPRS™ process to prevent millions of tonnes of plastic and carbon from entering the natural environment each year and to create materials for a sustainable, circular plastics economy. and On 20th September 2018, Ovivo Inc. a global provider of water and wastewater treatment equipment, technology and systems has acquired of the business of FilterBoxx Water & Environmental Corp. and its subsidiaries
What Can be Explored with the Ultrapure Water Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Ultrapure Water Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Ultrapure Water
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Ultrapure Water market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Ultrapure Water market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Ultrapure Water Manufacturers, Dealers, and Suppliers, Government Bodies, End-Use Companies, Companies Operational In Water Systems R&D, Feedstock Suppliers, Industry Associations, Large Infrastructure Companies, Investment Research Firms, Consulting Companies/Consultants in Chemical and Material Sectors, Government Regulatory Bodies, Government and Private Research Organization and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.