Overview of the global high-purity water treatment market

Market research analysts at Technavio predict that the global high-purity water treatment market will grow steadily during the next four years and post a CAGR of almost 8% by 2021. This market research analysis identifies the increase in size of semiconductor wafers as one of the primary growth factors for the water purification equipment market. Since increasing the size of silicon wafers will reduce the cost of manufacturing for the semiconductor industry by at least 20%, there has been a significant increase in the size of semiconductor wafers. This will induce semiconductor manufacturers to invest heavily in upgrading their wafer fabrication plants (FABs) and constructing new ones. For instance SK hynix started constructing an M14 FAB for 300 mm technology in Korea and Intel has already invested in the research and development of 450 mm. This development of new manufacturing units will consequently drive the demand for high-purity water treatment equipment, boosting market growth.

It has been observed in the recent years, healthcare-acquired infections were one of the major causes of preventable deaths. With the implementation of multiple projects in the healthcare industry, governments across the world will focus on adopting preventive measures to avoid disease transmission. As a result, there will be a considerable increase in the demand for high-purity water treatment systems from the healthcare industry especially in the emerging economies.

Competitive landscape and key vendors

The market is characterized by the presence of several water treatment equipment manufacturers and is dominated by the major players such as Dow Water & Process Solutions, GE Water & Process Technologies, Ovivo, Pall, and Veolia. Technological advancements and the cyclical nature of the semiconductor industry play a significant role in the growth of the industry. Though the need for huge capital investments pose as entry barriers for new players to enter the water filtration system market, the market’s competitive environment is intense. To sustain the competition and improve their revenue shares, the vendors have the need to differentiate their product and service offerings with a clear and unique value proposition.

The leading vendors in the market are -

• Dow Water & Process Solutions
• GE Water & Process Technologies
• Ovivo
• Pall
• Veolia

The other prominent vendors in the market are American Water, Calgon Carbon, Graver Technologies, Hydranautics, Koch Membrane Systems, Lenntech, NALCO, Nomura Micro Science, Organo Corporation, RainDance Water Systems, RWL Water, Thermo Fisher Scientific, and Total Water.

Segmentation by end-user and analysis of the high-purity water treatment market

• Electronics industry
• Power industry
• Pharmaceutical industry

During 2016, the electronics industry accounted for the major shares and dominated the water purification machine market. This is mainly due to the increased demand for high-purity water in the semiconductor and solar industries. The growth of the consumer electronics industry due to factors such as the growing number of new product launches and the rise in the living standards of consumers, will significantly contribute to the growth of the market in this end-user segment.

Geographical segmentation and analysis of the high-purity water treatment market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographical regions, APAC will be the major revenue contributor to the market throughout the forecast period. Owing to the rise in level of water toxicity and rapid industrialization, governments of several countries in this region are increasing their investments towards improving the water infrastructure, which will consequently increase the demand for high-purity water treatment machine. Additionally, the presence of major semiconductor device manufacturers in countries such as Taiwan, South Korea, Japan and China will also fuel the growth of the market in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global high-purity water treatment market?
• What are the key market trends impacting the growth of the global high-purity water treatment market?
• What are the challenges to market growth?
• Who are the key vendors in the global high-purity water treatment market?
• What are the market opportunities and threats faced by the vendors in the global high-purity water treatment market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global high-purity water treatment market?

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