Ultrapure water market expected to reach $18.2 billion by 2032, driven by industry demand

From GlobeNewswire: 2024-08-05 10:17:00

The Ultrapure Water Market Size reached USD 8.8 billion in 2023 and is projected to hit USD 18.2 billion by 2032, growing at a CAGR of 8.5% from 2024-2032. Key players in the market include Pall Corporation, Veolia, and Osmoflo among others. The demand for ultrapure water from industries like semiconductor, pharmaceutical, and power generation is a major growth driver. High initial investment and complex maintenance pose challenges, but industry players are focusing on innovation through technological advancements and collaborations. Regional dominance lies with Asia-Pacific due to investments in high-tech industries like semiconductor manufacturing. Recent developments include investments by Novo Nordisk and advancements by PureTech Systems Ltd. AssemblyFileVersion manufacturers invest in high-tech industries in the Asia-Pacific. Industrial advancements and technological collaborations drive growth in the Ultrapure Water Market. Major players focus on innovations for sustainable water management practices. Asia-Pacific dominates the market due to industrialization and technological advancements. Recent developments include investments by Novo Nordisk and advancements by PureTech Systems Ltd.



Read more at GlobeNewswire: Ultrapure Water Market to Reach USD 18.2 Billion by 2032