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Asia-Pacific is Projected to Have the Highest Growth Potential in the Ultrapure Water Market

 The Ultrapure Water Market is projected to reach USD 7.15 Billion by 2020 at a CAGR of 7.8% between 2015 and 2020. This growth is driven by the increasing demand from the semiconductors industry and coal fired power plants.

Asia-Pacific is the largest market for ultrapure water due to presence of large companies in this region. North America and Europe are established market with major global players present in these regions.

Browse 96 market tables and 58 figures spread through 166 pages and in-depth TOC on "Ultrapure Water Market”.

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The semiconductors end-use industry is expected to dominate the ultrapure water market by 2020

Ultrapure water in the semiconductors industry is expected to contribute the maximum share in this market by 2020. Increased demand for the high purity water in wafer fabrication and semiconductors industry is driving the growth in this segment. Apart from this industry, coal fired power plants, flat panel, and pharmaceuticals are other major end-use industries of ultrapure water.

The major companies operating in the global ultrapure water market are GE Water and Process Technologies Inc. (U.S.), Veolia Environment S.A. (France), Ovivo Inc. (Canada), Pall Corporation (U.S.), Dow Water & Process Solutions (U.S.), Koch Membrane Systems (U.S.), and Hydranautics (U.S.), among others.

These companies have been adopting various strategies such as new product launches, joint ventures, acquisitions, collaborations, and others in order to grow and strengthen their foothold in this market. In November 2015, Microdyn Nadir launched R-AQUADYN, a compact rack solution-based on the double asymmetric, hydrophilic low fouling PAN hollow fiber membrane.

In March 2015, Evoqua Water Technologies announced to double its production capacity for its leading range of water treatment products at one of its key production facilities in the U.S. to meet the increasing global demand for its products and services. The new Evoqua Tewksbury facility will manufacture a range of water treatment products including Evoqua’s Ionpure continuous electrodeionization (CEDI) modules; its new electrochemical desalination technology; and Capac impressed current cathodic protection anodes.

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