Global Deionized Water Systems demand is projected to be valued at US$ 6.34 Billion in 2022, forecast to grow at a CAGR of 7.4% to be valued at US$ 13.1 Billion from 2022 to 2032. Growth is attributed to the rising demand for renovation projects and development in residential and commercial construction.
| Report Attribute | Details |
|---|---|
| Estimated Base Year Value (2021) | US$ 5.9 Billion |
| Expected Market Value (2022) | US$ 6.34 Billion |
| Anticipated Forecast Value (2032) | US$ 13.1 Billion |
| Projected Growth Rate (2022 to 2032) | 7.4% CAGR |
Deionized (DI) water is water that has been treated to remove all ions – typically, that means all of the dissolved mineral salts. Distilled water has been boiled so that it evaporates and then re-condensed, leaving most impurities behind. Deionized water finds its application in Car engines, Lab tests, Industrial machinery, Fire extinguishers, and cooling systems.
The deionized water system is an excellent solution for high purity water needs in certain manufacturing sectors. In order to cater to the demand in pharmaceutical labs and the automobile industry, deionized water systems are being set up across the globe. DI water is also used widely in the semiconductor industry to process and clean silicon wafers and occasionally in the optics industry when very extremely clean optical surfaces are needed for coating. DI water is also repeatedly used as a final rinse when washing scientific glassware.
Deionized water is also normally used in Marine (saltwater) aquariums. A deionization phase is almost solely used as the final stage in a combination reverse osmosis - deionization unit. Usage of deionized water supports avoiding destructive contaminants and unwanted algae growth.
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The globally growing pharmaceutical and medical industry with the frequent introduction of innovative and increased demand for deionized water for the production process are the significant factors that contribute to the growth of the deionized water systems market. The affordable price of water treatment units enhances their reach among various consumers across the globe leading to a boost in the global deionized water systems market in the near future.
Growing health awareness in most regions is predicted to strengthen the deionized water systems market growth over the forecast period. The deionized water system is an excellent solution for high purity water needs in certain manufacturing sectors. With rising health awareness among consumers, water treatment become an economical choice, thus leading to accelerating the global deionized water systems market.
The factors restraining the global Deionized Water Systems market are the lack of awareness in emerging countries regarding the need and benefits of Deionized Water Systems and the high cost of Deionized Water Systems compared to raw flour may hamper the growth of the Deionized Water Systems market.
Principal Consultant
APEJ witnessed significant growth in the deionized water systems market in the forecast period due to the increasing consumption of medicines and drugs across the region. Some of the factors supporting the growth of the market worldwide include increased technological investments in developing regions such as the Asia Pacific.
The region witnessed immense growth in the electronics & Pharmaceutical industry which boosted the demand for the market growth. Deionized water can be used in microelectronics and pharmaceutical companies to dissolve drugs sold as medicines for the general public. Thereby the systems are installed in several countries to fulfill the demand for deionized water.
North America has the dominant share in the global deionized water systems market followed by Europe. High demand from the health care sector and increased incidences of waterborne diseases escalates the demand for industry-specific deionized water systems in developed countries such as U.S & Canada.
Alternative factor includes an increased emphasis on the e-commerce sector. E-commerce continues to gain rapid traction across the globe especially in the United States, as more consumers order products via smartphone apps. Multiple e-commerce platforms are competing to expand their market footprint. Deionized water systems sales through e-commerce are expected to gain rapid momentum in the near future, thanks to the robust growth in the application of deionized water systems in several end-use industries.
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Some of the key participants present in the global demand of the Deionized Water Systems market include US Water Systems Besco Water Systems Inc., Evoqua Water Technologies, IMELTECH SDN BHD, Pargreen process technologies, Culligan Water Systems, Puretec Systems, NANCREDE Engineers Co., among others.
·Suez water technologies have developed Integra 200E Reverse Osmosis Deionized Water System. The Integra 200E water purification unit provides high-quality water for laboratories, using the latest low-energy reverse osmosis membranes and electro-deionization technology.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 7.4% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Technology, Buyer Type, End Use Industry, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | US Water Systems; Besco Water Systems Inc.; Evoqua Water Technologies; IMELTECH SDN BHD; Pargreen process technologies; Culligan Water Systems; Puretec Systemss; NANCREDE Engineers Co. |
| Customization | Available Upon Request |
FMI projects the global demand of the deionized water systems market to expand at a 7.4% value CAGR by 2032
North America is expected to be the most opportunistic deionized water systems market
US Water Systems Besco Water Systems Inc., Evoqua Water Technologies, IMELTECH SDN BHD, Pargreen process technologies, Culligan Water Systems, Puretec Systems, NANCREDE Engineers Co., among others.
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