DUBLIN--(BUSINESS WIRE)--The "Electrodeionization Market by Design (Plate and Frame Construction, and Spiral Wound Construction), End-use Industry (Power Generation, Pharmaceuticals, Electronics & Semiconductor), and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The Electrodeionization Market is Estimated to be USD 827 Million in 2019 and is Projected to Reach USD 1,124 Million by 2024, at a CAGR of 6.3%
Rising population, rapid urbanization, rising environmental concerns, and rising industrialization are the major factors that have led to the growth of the electrodeionization market across the globe. High installation and capital intensive electrodeionization systems are restraining the growth of the electrodeionization market.
The plate and frame construction segment is projected to grow at the highest CAGR in the electrodeionization market during the forecast period
Based on the design, the plate and frame construction segment are estimated to account for the largest share of the market in 2019. This segment is projected to grow at the highest CAGR during the forecast period. In this system, the product compartments are identical to each other, as are the reject compartments, due to which, the plate and frame design offer the advantage of equal water flow and electric current distribution among the stacks. This design has lower operating cost, simple design, and high durability
The power generation segment is projected to lead the electrodeionization market during the forecast period
Based on end-use industry, the power generation segment accounted for the largest share of the electrodeionization market in 2018. This can be attributed to the advantage of the availability of ultrapure water to prevent clotting or disruption in boiler tubes as well as high-temperature corrosion. The recognition of the enhanced effect of ultrapure water for power generation has led to an increase in the demand for electrodeionization in the power generation industry.
On the basis of region, the Asia Pacific is projected to grow at the highest CAGR in the electrodeionization market between 2019 and 2024
The Asia Pacific electrodeionization market is projected to grow at the highest CAGR between 2019 and 2024. Growth of this market is driven by the increasing demand for electrodeionization from China, Japan, and India. China is a major consumer of electrodeionization in the Asia Pacific region, with an increase in demand for ultrapure water from the power generation, pharmaceuticals, and electronics & semiconductor industries in the country. The electrodeionization market in India is expected to grow at the highest CAGR during the forecast period due to the growing demand for electrodeionization from the power generation and electronics & semiconductor industries.
The leading manufacturers of electrodeionization systems profiled in this report include Suez SA (France), Veolia Environnement S.A. (France), Evoqua Water Technologies LLC (US), Qua Group (US), DowDuPont Inc. (US), Snowpure LLC (US), Mega a.s. (Czech Republic), Ovivo Inc. (Canada), and Pure Aqua Inc. (US), among others.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Electrodeionization Market
4.2 Electrodeionization Market, By Design
4.3 Electrodeionization Market, By End-Use Industry and Design
5 Market Overview
5.2 Market Dynamics
184.108.40.206 Increasing Demand for Ultrapure Water From the Power Generation, Pharmaceutical, and Electronics & Semiconductor End-Use Industries
220.127.116.11 Increasing Industrialization in Emerging Economies
18.104.22.168 Increase in the Generation of Wastewater
22.214.171.124 Availability of Alternative Technologies to Obtain Ultrapure Water
126.96.36.199 Chemical-Free Process
188.8.131.52 Growing Demand for Energy-Efficient and Advanced Water Systems
184.108.40.206 High Installation and Operational Cost
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
6 Electrodeionization Market, By Design
6.2 Plate and Frame Construction
6.2.1 Low Operating Cost, Simple Design, and High Durability are Expected to Drive the Growth of the Plate and Frame Construction Segment
6.3 Spiral Wound Construction
6.3.1 Spiral Wound Construction Segment is Expected to Grow Owing to Its Sleek Design and Leak-Free Operation
7 Electrodeionization Market, By End-Use Industry
7.2 Power Generation
7.2.1 Awareness Regarding the Advantages of Ultrapure Water in the Power Generation Industry is Expected to Drive the Market
7.3.1 Increasing Applications of Ultrapure Water in Pharmaceuticals are Anticipated to Fuel the Market for Electrodeionization
7.4 Electronics & Semiconductor
7.4.1 Increasing Demand for Ultrapure Water in the Electronics & Semiconductor Industry for Wafer Washing has Fueled the Growth of the Market
7.5.1 Rising Demand for Ultrapure Water is Projected to Drive the Electrodeionization Market for Other End-Use Industries During the Forecast Period
8 Regional Analysis
9 Competitive Landscape
9.1.3 Dynamic Differentiators
9.1.4 Emerging Companies
9.2 Market Ranking of Key Players in the Electrodeionization Market
10 Company Profiles
10.1 Suez SA
10.2 Veolia Environnement S.A.
10.3 Evoqua Water Technologies LLC
10.4 Dowdupont Inc.
10.5 Ovivo Inc.
10.6 Mega A.S.
10.7 Qua Group
10.8 Snowpure, LLC
10.9 Pure Aqua Inc.
10.10 Newterra Ltd.
10.11 Other Key Players
10.11.1 Guangzhou Kaiyuan Water Treatment Equipment Co. Ltd
10.11.2 Westech Engineering, Inc.
10.11.3 Bwt Pharma & Biotech Gmbh
10.11.4 Hinada Water Treatment Tech Co., Ltd
10.11.5 Applied Membranes, Inc.
10.11.6 Samco Technologies, Inc.
10.11.7 Progressive Water Treatment
10.11.8 Real Water Tech Co., Ltd
10.11.9 Heliant Technologies
10.11.10 Axeon Water Technologies
10.11.11 Xi'an Xin Sheng Tai Water Treatment Technology Co. Ltd.
10.11.12 Osmo Sistemi S.R.L.
10.11.13 Angstrom Mhendislik
10.11.14 Millipure Water System
10.11.15 Martin Water Technologies Inc
For more information about this report visit https://www.researchandmarkets.com/r/5rb7gu