Global Electrodeionization Market Forecast to 2024 - Rising Demand for Ultrapure Water is Projected to Drive the Electrodeionization Market for Other End-Use Industries
DUBLIN, July 10, 2019 /PRNewswire/ -- 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.
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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.
Electrodeionization (EDI) is a water treatment technology that is used to obtain ultrapure water by mitigating or removing dissolved salts and impurities from normal water. EDI differs from other technologies due to its chemical-free process, as it does not require acids, caustic soda, or moving parts. The electrodeionization system includes modules and equipment. The EDI module comprises a cationic exchange resin, cationic membrane anionic exchange resin, and anionic membrane, whereas the equipment consists of pumps, motor pressure valves, and gauges. When an electric current is passed through the module, impurities and unwanted particles are trapped and flushed out through the drain system.
The market has been segmented based on design, end-use industry, and region. Based on end-use industry, the market has been classified into power generation, pharmaceuticals, electronics & semiconductor, and others (automotive, chemicals, and food & beverages). Major designs of electrodeionization systems include spiral-wound construction and plate-and-frame construction.
Of these, the plate and frame construction segment accounted for the larger share of 65.2% of the electrode ionization market in terms of value in 2018. The growth of this segment can be attributed to lower operating costs, simple design, and high durability of the plate and frame construction design. Spiral-wound construction requires lesser floor space compared to other types, provides leak-free operation, higher feed water, and has a high tolerance to cross flow operations.
Key players operating in this market are undertaking various initiatives to capture a significant market share and address the increasing demand for electrodeionization from various end-use industries. Acquisitions, new product launches, and contracts are the 3 major growth strategies adopted by leading players in the market.
Leading players in the electrodeionization market include Suez SA (France), Veolia Environnement S.A. (France), Evoqua Water Technologies LLC (US), Qua Group (US), DowDuPont Inc. (US), SnowPure, LLC (US), and Mega a.s. (Czech Republic), among others.
Key Topics Covered:
1 Introduction
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
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Ultrapure Water From the Power Generation, Pharmaceutical, and Electronics & Semiconductor End-Use Industries
5.2.1.2 Increasing Industrialization in Emerging Economies
5.2.1.3 Increase in the Generation of Wastewater
5.2.2 Restraints
5.2.2.1 Availability of Alternative Technologies to Obtain Ultrapure Water
5.2.3 Opportunities
5.2.3.1 Chemical-Free Process
5.2.3.2 Growing Demand for Energy-Efficient and Advanced Water Systems
5.2.4 Challenges
5.2.4.1 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
6.1 Introduction
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
7.1 Introduction
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 Pharmaceuticals
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 Others
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 Introduction
9.1.1 Visionaries
9.1.2 Innovators
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
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