China will be world's largest ultrapure water purchaser by 2020
Already the biggest purchaser of ultrapure water (UPW) for the power industry, its fifth largest for all industries, as reflected in revenues of contractors installing UPW systems, says the McIlvaine Company in its online "Ultrapure Water World Markets" report. The total market for UPW -- used to generate steam in power plants, to wash chips in semiconductor plants, and for human injectables in the pharmaceutical industry -- is forecast to rise from $3.5 billion in 2006 to +$5 billion in 2010...
NORTHFIELD, IL, Dec. 14, 2006 -- Ultrapure water (UPW) is used for steam generation in power plants, to wash chips in semiconductor plants, and for human injectables in the pharmaceutical industry. The total market for UPW is forecast to rise from $3.5 billion this year to over $5 billion in 2010, according to the McIlvaine Company in the most recent update of its online "Ultrapure Water World Markets" report.
China will be a big contributor to this growth. China is already the largest purchaser of UPW for the power industry and the fifth largest purchaser for all industries. This is reflected in revenues of contractors installing UPW systems.
The semiconductor industry is the largest purchaser of UPW systems. Presently China is a small but rapidly growing player in chip manufacturing. However, since it is the biggest purchaser of chips, it is also in the position to become the largest supplier and will do so by 2020. Even before that date it will become the biggest purchaser of new UPW systems.
The flat panel industry is one of the fastest growing markets for UPW systems. China is rapidly growing in this segment. Nearly all the manufacturing of flat panels takes place in Asia and is likely to remain there.
There is a surge in building of new coal-fired plants in the U.S. But China is building more than the rest of the world combined. All of the plants will use the latest UPW technology.
The McIlvaine Company (www.mcilvainecompany.com) is based in Northfield, IL, with a staff of 35 people that includes engineers, scientists and market researchers.