Enjoy complimentary customisation on priority with our Enterprise License!
The Global Ultrapure Water Market size is estimated to grow by USD 3.94 million at a CAGR of 8.02% between 2022 and 2027. This market thrives on several key drivers. With the semiconductor industry witnessing an increase in wafer size, there's a growing demand for manufacturing processes. Simultaneously, the rise in global R&D expenditure fuels advancements in water purification technologies, boosting market growth. Additionally, the healthcare industry's increasing demand, particularly in emerging markets, further propels market expansion, highlighting the critical role of ultrapure water in various sectors.
To learn more about this report, View Report Sample
The washing fluid segment is estimated to witness significant growth during the forecast period. Ultrapure water is mostly used as a washing fluid to ensure the cleanliness and purity of surfaces, components, and equipment in various industries. In certain industries, like the semiconductor industry, even the slightest impurity could be hazardous to the manufacturing process and severely impact the functionality of microchips. Besides semiconductors, it is also used for cleaning photomasks and eliminating contaminants from the surface of silicon wafers.
Get a glance at the market contribution of various segments View the PDF Sample
The segment was the largest segment and was valued at USD 4.84 billion in 2017. Numerous processes in the pharmaceutical and biotechnology sectors, such as equipment cleaning and preparation, rinsing of bioreactors, and drug manufacturing, play a vital role. It helps prevent cross-contamination and confirms product safety. Hence the usage of water as a washing fluid will expand further, resulting in the growth of this segment of the market during the forecast period.
For more insights on the market share of various regions Download PDF Sample now!
APAC is estimated to contribute 49% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In the APAC region, the presence of key semiconductor device manufacturers such as Taiwan Semiconductor Manufacturing Co. (TSMC), Samsung Electronics Co. Ltd., and Semiconductor Manufacturing International Corp. (SMIC) will boost the regional market during the forecast period. Greater expenditure on semiconductor fabs or foundries equipment in South Korea, Taiwan, and China is causing higher demand for solutions.
Additionally, other end-users of high-purity water treatment are coal, industrial, and gas turbine power plants. Gas turbines and coal-fired power plants have massive regional growth potential, especially in India and China. The stringent emissions regulations are compelling countries, including China, India, Japan, and others to diversify their energy mix towards natural gas. Hence such factors will boost the growth of the regional market during the forecast period.
The global market, driven by demand from electronic devices, semiconductor, and pharmaceutical sectors, is supported by advancements in nanotechnology and membrane filtration technology. Government initiatives to address water contaminants from heavy metals and chemicals, particularly from power plants, underscore the importance of water purification systems in maintaining product quality across industries like optics, automotive, and aerospace. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The increase in semiconductor wafer size is driving market growth. The surge in semiconductor wafer size, crucial for electronic devices, is propelling market growth within the semiconductor industry. Maintaining contamination-free environments is paramount for semiconductor manufacturing processes involving the use of semiconductor wafers free from contaminants such as heavy metals and chemicals. Currently, integrated circuits utilize silicon wafers sized at 300 mm, prompting semiconductor manufacturers to invest in upgrading existing fabs and establishing new ones tailored to this wafer size. Notably, TSMC has been actively engaged in producing over one million 300-mm wafers annually since 2023 at its fab 18 phase-1 production facility in Taiwan, exemplifying the industry's commitment to technological advancement and addressing water resources concerns.
Furthermore, the transition to larger wafer sizes, such as the 450-mm wafer technology currently undergoing research, is poised to drive global market growth in the semiconductor industry throughout the forecast period. According to Technavio estimates, 450-mm fabs will necessitate 4.5-9 million gallons per day, marking a substantial increase compared to the demand for ultrapure water in 300-mm fabs. This escalating demand underscores the critical role of water resources in semiconductor manufacturing, emphasizing the significance of innovative solutions such as membrane filtration technology and water purification systems. Additionally, government initiatives and advancements in renewable energy are expected to play pivotal roles in addressing scarcity concerns and ensuring sustainable semiconductor manufacturing practices, essential for maintaining product quality and meeting the stringent requirements of industries like the automotive, aerospace, and optics industries, as well as pharmaceuticals and fine chemicals, where clean manufacturing processes are imperative.
The rapid evolution in the microelectronics sector is one of the major market trends. The evolution of electronic devices has led to the development of compact cellular phones and laptops. Semiconductor wafers used in such devices require treatment. It is required for many stages of the microelectronic production cycle, like silicon thinning, lithography, etching, stripping, and electroplating.
Additionally, flat panel displays and photovoltaics require large volumes of ultrapure water. Despite them being in development, they are increasingly complex and require treatment. Hence the growing demand for microelectronic devices and the requirement for the treatment for manufacturing processes will propel the growth of the market during the forecast period.
Contamination in ultrapure water piping systems is challenging market growth. The quality of the piping system used for transportation must be clean to ensure organic contamination, metallic contamination, and ionic contamination do not occur. The main causes of ionic contamination include poor installation and inadvertent contact with mineral acids, while the presence of aluminum, iron, sodium, calcium, and potassium causes metallic contamination.
Hence, proper installation is necessary to ensure safe and reliable systems in conduits and prevent contamination by foreign particles. Moreover, even improper surface finish in conduits can compromise the quality of conduits and impact the quality. Hence such factors will pose a challenge to market growth during the forecast period.
The market growth analysis research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
CITIC Envirotech Pte Ltd. - The company offers ultrapure water solutions such as advanced water purification systems providing ultrapure water for various applications.
The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market Companies, including:
Qualitative and quantitative analysis of Companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize Companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize Companies as dominant, leading, strong, tentative, and weak.
The Global Ultrapure Water Market is propelled by the burgeoning demand from diverse sectors, notably semiconductor and electronics industries reliant on ultrapure water for manufacturing processes like wafers washing. With electronics like smartphones and tablets driving demand, the market addresses concerns over water scarcity and contamination from heavy metals and chemicals. Advanced technologies, including nanotechnology and membrane filtration, ensure high-quality water for critical applications in laboratories, pharmaceuticals, and power sectors, including supercritical coal and nuclear power plants. Amid a rising focus on renewable energy, ultrapure water finds application in drug formulation, drug delivery systems, and precise laboratory testing, underscoring its indispensable role in modern industries.
Environmental and analytical laboratories play a crucial role in ensuring water quality and purity, especially in addressing issues related to water conservation and pollution control. In industries like complex semiconductor manufacturing, stringent quality requirements necessitate this for critical cleaning and rinsing steps. Similarly, in drug manufacturing and research, as well as energy and power generation sectors, ultrapure water is indispensable. It finds applications in diverse water sources like seawater and brackish water, serving both human consumption and industrial use. With the looming water crisis, technologies like desalination, water recycling, and water reuse gain significance.
These system developers are pivotal in meeting the purity requirements, especially for nanotechnology chips and other advanced applications. The optics industry, alongside the automotive and aerospace sectors, heavily relies on maintaining stringent product quality standards to ensure optimal performance and mitigate equipment damage. In addition to addressing performance concerns, these industries are also subject to regulatory compliance and environmental concerns, necessitating robust water quality monitoring and analysis protocols. Environmental and analytical laboratories play a critical role in this regard, providing calibration services, sample preparation, and analytical expertise. Moreover, industries such as fine chemicals, complex semiconductor manufacturing, drug manufacturing, and research required, often obtained through advanced desalination technologies, to meet their specific purity requirements and ensure the integrity of their processes.
The market forecasting report covers market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
|
Ultrapure Water Market Scope |
|
|
Market Report Coverage |
Details |
|
Page number |
176 |
|
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 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, and 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. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
