Ultrapure Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Ultrapure Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global ultrapure water market size reached US$ 8.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.22% during 2023-2028.

Ultrapure water (UPW), or high-purity water (HPW) or highly purified water (HPW), refers to water that has been purified to extremely strict standards to make it contaminant-free. A severe adherence to these standards is maintained throughout the purification process. The stringent adherence to strict limitations or specifications concerning biological organisms like pyrogens, bacteria, and viruses, organic carbon, dissolved and suspended solids, and dissolved gases is required to be maintained. In industrial applications, ultrapure water is suitable for use as a solvent. As a result, ultrapure water is used in medical applications, such as formulating drugs, medical supplies, surgery and therapeutic procedures. In addition to this, it is also used in the manufacturing processes for electronics and pharmaceuticals.

Ultrapure Water Market Trends:
The market is majorly driven by the augmenting product demand for cleaning small and minute electronic equipment, including semiconductors and wafers. This can be attributed to the rapid utilization of UPW as process feed and washing fluids in a variety of end-use sectors. In addition to this, the increasing adoption of cleanroom practices in molecular science is providing an impetus to the market. Moreover, a considerable rise in the installations of supercritical and ultra-supercritical coal power plants is creating lucrative market growth opportunities. The market is further propelled by the growing adoption of ultrapure water in various applications of the nanoscience industry. Apart from this, the increasing demand for UPW as a raw material in drug synthesis and cleaning is resulting in a higher product uptake in the medical sector. Some of the other factors contributing to the market include the growing investments in wafer washing, continual technological advancements, such as membrane distillation (MD), and extensive research and development (R&D) activities.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ultrapure water market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on materials and services, application and end use industry.

Breakup by Materials and Services:


Breakup by Application:

Washing Fluid
Process Feed

Breakup by End Use Industry:

Power Generation

Breakup by Region:

North America
United States
South Korea
United Kingdom
Latin America
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Applied Membranes Inc., Asahi Kasei Corporation, Dupont De Nemours Inc., Evoqua Water Technologies, Komal Water Industries, Kurita Water Industries Ltd., MANN+HUMMEL Water & Fluid Solutions GmbH, Organo Corporation, Pall Corporation (Danaher Corporation), Pentair plc and RODI Systems Corporation.

Key Questions Answered in This Report
1. How big is the global ultrapure water market?
2. What is the expected growth rate of the global ultrapure water market during 2023-2028?
3. What are the key factors driving the global ultrapure water market?
4. What has been the impact of COVID-19 on the global ultrapure water market?
5. What is the breakup of the global ultrapure water market based on the materials and services?
6. What is the breakup of the global ultrapure water market based on the application?
7. What is the breakup of the global ultrapure water market based on the end use industry?
8. What are the key regions in the global ultrapure water market?
9. Who are the key players/companies in the global ultrapure water market?

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Ultrapure Water Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Materials and Services
6.1 Filtration
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Consumables/Aftermarket
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Washing Fluid
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Process Feed
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Semiconductor
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Pharmaceuticals
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Power Generation
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States Market Trends Market Forecast
9.1.2 Canada Market Trends Market Forecast
9.2 Asia-Pacific
9.2.1 China Market Trends Market Forecast
9.2.2 Japan Market Trends Market Forecast
9.2.3 India Market Trends Market Forecast
9.2.4 South Korea Market Trends Market Forecast
9.2.5 Australia Market Trends Market Forecast
9.2.6 Indonesia Market Trends Market Forecast
9.2.7 Others Market Trends Market Forecast
9.3 Europe
9.3.1 Germany Market Trends Market Forecast
9.3.2 France Market Trends Market Forecast
9.3.3 United Kingdom Market Trends Market Forecast
9.3.4 Italy Market Trends Market Forecast
9.3.5 Spain Market Trends Market Forecast
9.3.6 Russia Market Trends Market Forecast
9.3.7 Others Market Trends Market Forecast
9.4 Latin America
9.4.1 Brazil Market Trends Market Forecast
9.4.2 Mexico Market Trends Market Forecast
9.4.3 Others Market Trends Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Applied Membranes Inc. Company Overview Product Portfolio
14.3.2 Asahi Kasei Corporation Company Overview Product Portfolio Financials SWOT Analysis
14.3.3 Dupont De Nemours Inc. Company Overview Product Portfolio Financials SWOT Analysis
14.3.4 Evoqua Water Technologies Company Overview Product Portfolio Financials SWOT Analysis
14.3.5 Komal Water Industries Company Overview Product Portfolio
14.3.6 Kurita Water Industries Ltd. Company Overview Product Portfolio Financials
14.3.7 MANN+HUMMEL Water & Fluid Solutions GmbH Company Overview Product Portfolio
14.3.8 Organo Corporation Company Overview Product Portfolio Financials
14.3.9 Pall Corporation (Danaher Corporation) Company Overview Product Portfolio SWOT Analysis
14.3.10 Pentair plc Company Overview Product Portfolio
14.3.11 RODI Systems Corporation Company Overview Product Portfolio

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