Electrodeionization Market to exceed 1,124 Million USD by 2024
The report "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" The electrodeionization market in 2019 is estimated to be USD 827 million and is projected to reach USD 1,124 million by 2024, at a CAGR of 6.3% from 2019 to 2024. This growth is mainly attributed to the increasing demand for ultrapure water from varied end-use industries such as power generation, pharmaceuticals, electronics & semiconductor and among others.
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Browse 70 market data Tables and 33 Figures spread through 108 Pages and in-depth TOC on "Electrodeionization Market“
The plate and frame segment is estimated to account for the largest share of the electrodeionization market in 2019. Plate and frame construction design electrodeionization market accounts for larger market share owing to lower operating cost, simple design, and high durability. The plate and frame construction design consists of 2 compartments that are identical to each other, due to which, the plate and frame design offers the advantage of equal water flow and electric current distribution among the stacks, lower operating cost, simple design, and greater durability.
Table of Contents
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Electrodeionization Market, By Design
7 Electrodeionization Market, By End-Use Industry
8 Regional Analysis
9 Competitive Landscape
10 Company Profiles
The electrodeionization market in the Asia Pacific region is projected to grow at the highest CAGR between 2019 and 2024. China, Japan, and India have witnessed economic growth, owing to increased construction activity and foreign direct investments undertaken for the expansion or upgradation of manufacturing facilities. Moreover, initiatives undertaken by various governments worldwide to support growth in the manufacturing sector, such as power generation, pharmaceuticals, and electronics & semiconductor are further expected to propel the demand for electrodeionization in the Asia Pacific region.
Key market players covered 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), Pure Aqua Inc. (USA) and among others
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