NEW YORK, Sept. 12, 2023 /PRNewswire/ -- The ultrapure water market is expected to grow by USD 3.94 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 8.02% during the forecast period, according to Technavio. An increase in semiconductor wafer size is notably driving the ultrapure water market. However, factors such as contamination in ultrapure water piping systems may impede market growth. The market is segmented by application (washing fluid and process feed), end-user (semiconductor, power, pharmaceutical, and others), and geography (APAC, Europe, North America, Middle East and Africa, and South America). We provide a detailed analysis of 20 companies operating in the ultrapure water market including Aqua Chem Inc., Asahi Kasei Corp., CITIC Envirotech Pte Ltd., Culligan International Co., Danaher Corp., DuPont de Nemours Inc., Ecolab Inc., EnviroChemie GmbH, Evoqua Water Technologies LLC, Kurita Water Industries Ltd., MANN HUMMEL International GmbH and Co. KG, MembraPure GmbH, Merck KGaA, Nitto Denko Corp., Organo Corp., Paul Hartmann AG, Pentair Plc, Synder Filtration Inc., Aries Chemical Inc., and Ovivo Inc. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Sample Report.
Ultrapure Water Market 2023-2027: Company Analysis
Mann-hummel- The company offers ultrapure water solutions for the semiconductor, pharmaceutical, and medical device industries
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Ultrapure Water Market 2023-2027: Segmentation
The market is segmented by application (washing fluid and process feed), end-user (semiconductor, power, pharmaceutical, and others), and geography (APAC, Europe, North America, Middle East and Africa, and South America).
Application
- The washing fluid segment is estimated to witness significant growth during the forecast period. Ultrapure water is mainly used as a washing liquid to ensure the cleanliness and purity of surfaces, components, and equipment in various industries. In certain industries such as semiconductors, even the smallest impurities can be hazardous to the manufacturing process and have serious consequences for the functioning of the microchip. In many processes in the pharmaceutical and biotechnology fields such as equipment cleaning and preparation, bioreactor washing, and drug manufacturing, ultrapure water plays an important role. It helps to prevent cross-contamination and confirms product safety. Hence, these factors are expected to drive segment growth during the forecast period.
Geography
- APAC is estimated to contribute 49% to the growth of the global market during the forecast period.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report
Ultrapure Water Market 2023-2027: Key Highlights
- Historic Market Size 2017-2021
- CAGR of the market during 2023-2027
- Detailed information on factors that will assist ultrapure water market growth during the next five years
- Estimation of the composite rebar market size and its contribution to the parent market
- Forecasts on upcoming trends and changes in consumer behavior
- The growth of the ultrapure water market
- Analysis of the competitive landscape and detailed information on companies
- Comprehensive details of factors that will impede the growth of ultrapure water market companies
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Ultrapure Water Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.02% |
Market growth 2023-2027 |
USD 3.94 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
7.49 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 49% |
Key countries |
US, China, India, Germany, and the UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Aqua Chem Inc., Asahi Kasei Corp., CITIC Envirotech Pte Ltd., Culligan International Co., Danaher Corp., DuPont de Nemours Inc., Ecolab Inc., EnviroChemie GmbH, Evoqua Water Technologies LLC, Kurita Water Industries Ltd., MANN HUMMEL International GmbH and Co. KG, MembraPure GmbH, Merck KGaA, Nitto Denko Corp., Organo Corp., Paul Hartmann AG, Pentair Plc, Synder Filtration Inc., Aries Chemical Inc., and Ovivo Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by End-User
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
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Website: www.technavio.com
SOURCE Technavio
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