Deionized Water System Market size is estimated to cross USD 270 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period i.e., 2024-2036. In the year, 2023, the industry size of the deionized water system was over USD 14 Billion. The market for deionized water systems is expected to grow in the coming years due to increasing awareness of health issues. Deionized water systems are an excellent solution to meet the requirements of highly pure drinking water for certain manufacturing industries. Water treatment became a cost-effective option, increasing the global market for deionized water systems as awareness of health issues increases among consumers. In 2020, 56 % of household wastewater flows were safe to treat globally.
The frequent release of innovative products by the global pharmaceutical and medical industries, as well as increased demand for deionized water in the production process, are major factors contributing to the growth of the deionized water system market. In the coming years, the low costs of water treatment units will further broaden their appeal to a wider range of consumers around the world and result in increased demand for deionized water systems worldwide.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024 - 2036 |
CAGR |
~8% |
Base Year Market Size (2023) |
~USD 14 Billion |
Forecast Year Market Size (2036) |
~USD 270 Billion |
Regional Scope |
|
Technology (Two bed Deionization, Mixed bed Deionization)
In terms of technology, the mixed bed deionization segment in the deionized water system market is set to hold the largest revenue share of 80% during the period between 2024-2036. Mixed bed resin is a blend of cationic and cationic resins. Positively charged ions such as sodium, calcium, magnesium potassium, and iron will get attracted to the cation. Negatively charged ions such as carbonates, chlorides, sulfates, silica, and nitrates will removed by anion resin. Mixed bed resin is frequently used in healthcare research facilities, laboratories, biotech production, medicine, and electronics industries where higher quality deionized water is needed. This is a major contributing factor to the increased use of mixed bed deionized water systems, which will likely capture the market share over the forecast period.
Buyer Type (Commercial, Industrial)
Based on buyer type, the industrial segment in the deionized water system market is set to hold a significant revenue share by the end of the studied period. As deionized water is required for pharmaceutical and biotechnology production, which has led to the growth of the market for deionizing water systems, industrial uses are projected to grow substantially. Industries are increasingly integrating sustainable practices and deionized water systems with lower water consumption and waste generation are gaining traction. Furthermore, automation in industrial processes demands high-purity water for equipment maintenance and operation boosting market demand. According to the 2019 Industry 4.0 adoption survey conducted by IoT Analytics, with 25% of use cases for Industry 4.0 at full or extensive deployment in enterprises around the world, this situation is changing.
Our in-depth analysis of the global deionized water system market includes the following segments:
Technology |
|
Buyer Type |
|
End User |
|
North American Market Forecast
The deionized water system market in the North American is set to hold the largest revenue share of 35% during the period 2024-2036. The global deionized water system market is dominated by North America. As a result of higher incidences of waterborne infections, demand for specialized deionized water systems in wealthy countries such as the United States and Canada has increased. There are 7.15 million cases of waterborne diseases in the United States. There were 601,000 visits to the emergency room. 118,000 hospitalizations. 6,630 deaths. A greater focus on e-commerce in the North American market is a further key factor. E-commerce is gaining popularity all over the world, particularly in the United States, as more consumers use smartphone applications to order things. To increase their market share, several e-commerce platforms compete. E-Commerce sales of deionized water systems are expected to increase rapidly during the forecast period, due to the strong growth in the use of deionized water systems in several end-use industries.
Asia Pacific Market Statistics
The deionized water system market in the Asia Pacific region is expected to grow notably during the forecast timeframe. This growth can be attributed to an increase in the use of medicinal products in the region. One of the major factors driving global market growth is increasing technical investment in developing regions such as Asia Pacific. In the Asia Pacific region, electronics and pharmaceutical industries have been expanding at a notable pace that has increased demand for deionized water systems market expansion. In microelectronics and pharmaceutical industries, dissolved water may be used for dissolving medicinal products marketed to the public. As a result, to meet the need to deionize water, systems have been installed in several constituent countries of the Asia Pacific region.
Author Credits: Richa Gupta
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?