Electrodeionization Market is Growing Exponentially in Order to Gain More Demand by 2024

in #electrodeinoization4 years ago

[108 Pages Report] 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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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

11 Appendix

https://www.prnewswire.com/news-releases/electrodeionization-market-worth-1-124-million-by-2024--exclusive-report-by-marketsandmarkets-300878418.html

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

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), and Pure Aqua Inc. (US), among others are the major players in the electrodeionization market. These players have been focusing on developmental strategies, such as contracts, mergers & acquisitions, expansions, and divestments, which have helped them expand their businesses in untapped and potential markets. They have also been adopting various organic and inorganic growth strategies, such as new product developments, acquisitions, and expansions, to enhance their current positions in the electrodeionization market.

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