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.
Browse 70 market data Tables and 33 Figures spread through 108 Pages and in-depth TOC on "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 "
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/electrodeionization-market-254938571.html
Power Generation end-use industry segment accounts for the largest share of the electrodeionization market
The power generation end-use industry segment is estimated to account for the largest share of the electrodeionization market in 2019. Electrodeionization plays an important role in the power generation industry, which produces ultrapure water to enable high pressure and smooth functioning of turbines. Ultrapure water avoids clotting or disruption in boiler tubes as well as high temperature corrosion. The recognition of the enhanced effect of ultrapure water for power generation has led to an increase in the demand for electrodeionization in the power generation industry
On the basis of Design, Plate and Frame construction segment is projected to lead the electrodeionization market by 2024
The Plate and Frame construction design is expected to account for the largest share of electrodeionization market in 2019. EDI systems with such designs operate under the co-flow configuration, in which, the direction of flow in the concentrate chamber is the same as in the diluting chamber. The product compartments are identical to each other, as are the reject compartments, due to which, the plate & frame design offers the advantage of equal water flow and electric current distribution among the stacks. This design has lower operating cost, simple design and high durability, due to which, the demand for plate & frame construction is expected to grow during the forecast period.
The Asia-Pacific region is expected to lead the electrodeionization market during the forecast period
The Asia-Pacific region is estimated to account for the largest share of the electrodeionization market in 2019 followed by North America and Europe. China is one of the major consumers of electrodeionization in the Asia-Pacific region. Availability of cheap labor and increasing foreign direct investments in the power generation, pharmaceuticals and electronics & semiconductor industries in the Asia-Pacific region are anticipated to drive the demand for electrodeionization.
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
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441