Global Deuterium Oxide Supply, Demand and Key Producers, 2026-2032
Description
The global Deuterium Oxide market size is expected to reach $ 487 million by 2032, rising at a market growth of 6.8% CAGR during the forecast period (2026-2032).
Deuterium oxide, also known as “Heavy Water (D20)” or “deuterium water”, is the compound of oxygen and the heavy isotope of hydrogen, namely deuterium. It is called Heavy Water because its density is greater than H₂O and its chemical formula is D₂O. Deuterium contains a neutron and proton in its nucleus, which makes it twice as heavy as protium (hydrogen), which contains only one proton. Deuterium oxide is colorless and odorless liquid in normal temperature and pressure. Compared to ordinary water, its chemical characteristic is relatively inactive with specific gravity of 1.10775 (25 ℃), melting/freezing point of 3.82 ℃, and boiling point of 101.42 ℃. The hydrogen bond strength and degree of association between Heavy Water molecules are both stronger than that of ordinary water molecules.
In 2024, the global sales volume of deuterium oxide exceeded 430 tons, with an average ex-factory price of $646 per kilogram. Depending on the scale of the facilities, the annual production capacity of a single production line ranges from 20 to several tens of tons, and the industry's gross profit margin is approximately 50%-60%.
Regionally, established markets in North America and Europe have historically dominated heavy water production due to their early nuclear power programs and substantial infrastructure investments. However, the Asia-Pacific region has emerged as a significant player, with India leading the way through its extensive network of heavy water plants operated by the Heavy Water Board (HWB). In Latin America, Argentina continues to maintain a robust heavy water sale.
Key industry players are predominantly state-backed organizations with deep expertise in nuclear technology. For instance, India’s Heavy Water Board operates seven major production plants with a combined capacity estimated at around 400 tonnes per year, supporting both domestic nuclear power generation and export markets. In Canada, historical heavy water production facilities such as the Bruce Heavy Water Plant were once among the world’s largest. Other countries, including Iran, also have significant heavy water production capacities tailored to their specific nuclear energy and defense needs. These entities collectively shape a competitive landscape that is both mature and innovation-driven.
This report studies the global Deuterium Oxide production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Deuterium Oxide and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Deuterium Oxide that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Deuterium Oxide total production and demand, 2021-2032, (Tons)
Global Deuterium Oxide total production value, 2021-2032, (USD Million)
Global Deuterium Oxide production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global Deuterium Oxide consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: Deuterium Oxide domestic production, consumption, key domestic manufacturers and share
Global Deuterium Oxide production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global Deuterium Oxide production by Purity, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global Deuterium Oxide production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global Deuterium Oxide market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Isowater, Cambridge Isotope Laboratories, Mesbah Energy, Heavy Water Board (HWB), Sichuan Xinhuoju Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Deuterium Oxide market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Kg) by manufacturer, by Purity, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Deuterium Oxide Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Deuterium Oxide Market, Segmentation by Purity:
Purity 99%
Purity 99.5%-99.9%
Purity 99.9% and above
Global Deuterium Oxide Market, Segmentation by Application:
Nuclear Power
Deuterated NMR Solvents
Semiconductor
OLED
Pharmaceutical
Others
Companies Profiled:
Isowater
Cambridge Isotope Laboratories
Mesbah Energy
Heavy Water Board (HWB)
Sichuan Xinhuoju Chemical
Key Questions Answered:
1. How big is the global Deuterium Oxide market?
2. What is the demand of the global Deuterium Oxide market?
3. What is the year over year growth of the global Deuterium Oxide market?
4. What is the production and production value of the global Deuterium Oxide market?
5. Who are the key producers in the global Deuterium Oxide market?
6. What are the growth factors driving the market demand?
Deuterium oxide, also known as “Heavy Water (D20)” or “deuterium water”, is the compound of oxygen and the heavy isotope of hydrogen, namely deuterium. It is called Heavy Water because its density is greater than H₂O and its chemical formula is D₂O. Deuterium contains a neutron and proton in its nucleus, which makes it twice as heavy as protium (hydrogen), which contains only one proton. Deuterium oxide is colorless and odorless liquid in normal temperature and pressure. Compared to ordinary water, its chemical characteristic is relatively inactive with specific gravity of 1.10775 (25 ℃), melting/freezing point of 3.82 ℃, and boiling point of 101.42 ℃. The hydrogen bond strength and degree of association between Heavy Water molecules are both stronger than that of ordinary water molecules.
In 2024, the global sales volume of deuterium oxide exceeded 430 tons, with an average ex-factory price of $646 per kilogram. Depending on the scale of the facilities, the annual production capacity of a single production line ranges from 20 to several tens of tons, and the industry's gross profit margin is approximately 50%-60%.
Regionally, established markets in North America and Europe have historically dominated heavy water production due to their early nuclear power programs and substantial infrastructure investments. However, the Asia-Pacific region has emerged as a significant player, with India leading the way through its extensive network of heavy water plants operated by the Heavy Water Board (HWB). In Latin America, Argentina continues to maintain a robust heavy water sale.
Key industry players are predominantly state-backed organizations with deep expertise in nuclear technology. For instance, India’s Heavy Water Board operates seven major production plants with a combined capacity estimated at around 400 tonnes per year, supporting both domestic nuclear power generation and export markets. In Canada, historical heavy water production facilities such as the Bruce Heavy Water Plant were once among the world’s largest. Other countries, including Iran, also have significant heavy water production capacities tailored to their specific nuclear energy and defense needs. These entities collectively shape a competitive landscape that is both mature and innovation-driven.
This report studies the global Deuterium Oxide production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Deuterium Oxide and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Deuterium Oxide that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Deuterium Oxide total production and demand, 2021-2032, (Tons)
Global Deuterium Oxide total production value, 2021-2032, (USD Million)
Global Deuterium Oxide production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global Deuterium Oxide consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: Deuterium Oxide domestic production, consumption, key domestic manufacturers and share
Global Deuterium Oxide production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global Deuterium Oxide production by Purity, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global Deuterium Oxide production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global Deuterium Oxide market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Isowater, Cambridge Isotope Laboratories, Mesbah Energy, Heavy Water Board (HWB), Sichuan Xinhuoju Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Deuterium Oxide market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Kg) by manufacturer, by Purity, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Deuterium Oxide Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Deuterium Oxide Market, Segmentation by Purity:
Purity 99%
Purity 99.5%-99.9%
Purity 99.9% and above
Global Deuterium Oxide Market, Segmentation by Application:
Nuclear Power
Deuterated NMR Solvents
Semiconductor
OLED
Pharmaceutical
Others
Companies Profiled:
Isowater
Cambridge Isotope Laboratories
Mesbah Energy
Heavy Water Board (HWB)
Sichuan Xinhuoju Chemical
Key Questions Answered:
1. How big is the global Deuterium Oxide market?
2. What is the demand of the global Deuterium Oxide market?
3. What is the year over year growth of the global Deuterium Oxide market?
4. What is the production and production value of the global Deuterium Oxide market?
5. Who are the key producers in the global Deuterium Oxide market?
6. What are the growth factors driving the market demand?
Table of Contents
85 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Purity
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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Currency Rates
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