NORTH AMERICA ULTRAPURE WATER MARKET FORECAST 2022-2030

The North America ultrapure water market is predicted to surge with a 7.50% CAGR by 2030, and is set to generate $2895.91 million in revenue by the end of the estimation period, 2022-2030.

In North America, government initiatives in semiconductor manufacturing will propel the growth of ultrapure water. Also, technological advancement in the pharmaceutical industry is predicted to accelerate the North America ultrapure water market. In addition, most of the leading players are based in North America, with headquarters in the United States which advances the growth opportunities in the region.

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The North America ultrapure water market growth assessment entails the study of the United States and Canada. The ultrapure water market in the United States is expected to witness significant growth during the forecast period. The primary factor likely to drive the growth is expansion of the country’s semiconductor industry. Large amounts of water are used in producing semiconductor devices for various tasks, such as wafer surface cleaning and equipment cooling. Many process steps call for ultrapure water.

Furthermore, the government of the United States is taking initiatives to strengthen the semiconductor market of the country. The American government is making significant investments in domestic chip production and innovation. The United States Innovation and Competition Act (USICA), a comprehensive piece of competitiveness legislation that includes $52 billion to support domestic chip manufacturing, research, and design, was passed by the United States Senate in June 2021.

Additionally, the government initiative “CHIPS & Science Act,” which supports semiconductor manufacturing, research and development, etc., is another factor that will foster the growth of the studied market. Additionally, there has been a growth in the semiconductor industry research and development expenditures in the United States.

Despite fluctuations in annual sales, United States semiconductor companies tend to consistently spend a lot on research and development, highlighting the value of such spending for the industry. Hence, such factors are expected to increase the demand and adoption of ultrapure water in the semiconductor industry of the United States, which is likely to promote market growth during the forecast period.

The North America ultrapure water market evaluation includes a thorough study by end-user and application. Market by application entails cleaning, etching, ingredient, and other applications.

Ultrapure water is used as an ingredient in various industries, including food and beverages and cosmetics. Water is an important and, in some cases, the primary component in many foods and beverage products. High-purity water is essential for products’ consistent flavor, smell, and texture. Food and beverage plants depend on dependable and consistent water quality to ensure maximum uptime and production efficiency.

In the food & beverages industry, water is used as an active ingredient in beer, wine, carbonated drinks, etc. Normal water contains chloride, sulfate, and other compounds that degrade the flavor of commercial beverages. Thus, companies use ultrapure water to preserve flavor composition.

Key companies operating in the North America ultrapure water market include Ovivo, Snowpure Water Technologies, RODI systems, DuPont Water Solutions, etc.

DuPont Water Solutions is a company specializing in water purification and specialty-separation technologies. The company offers industry-leading solutions to purify, extract, and produce the world’s most commercially important products. Ion exchange resins, reverse osmosis and nanofiltration membranes, ultrafiltration membranes, and electrode ionization products are some of the products it offers. DuPont operates in more than 70 countries across the globe, with offices, state-of-the-art innovation and research & development centers, manufacturing plants, etc. It is headquartered in Delaware, United States.

DuPont IntegraFlux SFD-2880XP Ultrafiltration Modules are ideal for larger systems where good permeability of the XP fiber can result in extra productivity. The product can further lead to savings by frame materials, operating trains, reducing fittings, valve stacks, and overall system footprint.

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