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Electrodeionization Market is expected to grow at a steady rate of around 7%
An electrodeionization is defined as the continuous & chemical-free process of removing ionized & ionizable species or material from the feedwater by using DC power. Electrodeionization is governed by reverse osmosis and is considered the smart alternative and effective replacement of the conventional mixed bed ion exchange. Electrodeionization uses ion exchange resins, ion exchange membranes, and electricity in order to produce high-quality water with no regeneration downtime. In recent times, the electrodeionization market has witnessed significant market growth owing to the increasing demand for ultrapure water from the electronics & semiconductor, pharmaceutical industries, and power generation across the globe.
The Electrodeionization Market is expected to grow at a steady rate of around 7% during the forecast period (2022-2028) to the increasing demand for pure water across the different industry verticals such as power generation, chemicals, pharmaceuticals, and others. Major companies in the market offer electrodeionization with technologically advanced features and innovative product. For instance, Snowpure Water Technologies provides Electropure EDI which offers thin cell technology, thin concentration technology, and non-filled concentration technology which provided longer durability and higher efficiency.
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Based on the design, the market is segmented into spiral wound construction and plate & frame construction. The plate & frame construction witnessed significant market growth during the forecast period due to their simple operational nature, lower operational & maintenance costs, and longer durability. The plate & frame construction consists of two compartments that are identical to each other and offers equal water flow and electric current distribution among the lower operational cost and other stacks.
Based on the end-users, the market is categorized into chemicals, power generation, pharmaceuticals, electronic & semiconductors, and others. The power generation segment witnessed a significant CAGR during the forecast period due to the increasing demand for pure water to prevent clotting and disruption in the boiler along with the safety from the flow of the hot water. However, the electrodeionization for the pharmaceutical industry will witness significant market growth during the forecast period due to their use as the water for injection (WFI) as per US pharmacopoeia and FDA standards.
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For a better understanding of the market adoption of the electrodeionization industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the FDI flow which allows the companies to expand their infrastructure and research & development activities. In addition, growing construction activities in the region support the demand for electrodeionization in the manufacturing sector such as pharmaceuticals, electronics & semiconductors, and power generation with other. Also, the rapid urbanization, industrialization, growing disposable income, and surging per capita spending of individuals in the emerging economies of the region are driving the growth of the market. Moreover, the increasing investment and merger & acquisition activities in the region are expected to expand the overall market for electrodeionization. For instance, in April 2021, Evoqua Water Technologies acquired Water Consulting Specialists, Inc. which is a global leader in the manufacturing, design, and service of industrial water treatment this will strengthen the company’s presence in the Asia Pacific continent.
Some of the major players operating in the market include Angstrom Mühendislik, Axeon Water Technologies, Mega A.S., Snowpure, LLC, Ovivo Inc., Pure Aqua Inc., Veolia Environment S.A., Suez SA, DowDuPont Inc., and Qua Group.
Global Electrodeionization Market Segmentation
Market Insight, by Design
· Spiral Wound Construction
· Plate & Frame Construction
Market Insight, by End-Users
· Chemical
· Power Generation
· Pharmaceutical
· Electronic & Semiconductors
· Others
Market Insight, by Region
· North America
o US
o Canada
o Rest of North America
· Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
· Rest of the World
Top Company Profiles
· Angstrom Mühendislik
· Axeon Water Technologies
· Mega A.S.
· Snowpure, LLC
· Ovivo Inc.
· Pure Aqua Inc.
· Veolia Environment S.A.
· Suez SA
· DowDuPont Inc.
· Qua Group