Global Ultra-pure-water Piping Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Ultra-pure-water Piping Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Ultra-pure-water refers to water that has been purified to a high specification level. Under standard conditions, water contains only H2O, and a balanced amount of H+ and OH- ions. Ultra-pure-water Piping is the piping equipment needed to transport ultra-pure water in the semiconductor and pharmaceutical industries, which prevents dirt, dust, and other contaminants from entering the piping system.

Market Overview:

The latest research study on the global Ultra-pure-water Piping market finds that the global Ultra-pure-water Piping market reached a value of USD 274.15 million in 2022. It’s expected that the market will achieve USD 2274.2 million by 2028, exhibiting a CAGR of 42.28% during the forecast period.

Ultra-pure-water Piping Industry Development Trends under COVID-19 Outbreak

Since the outbreak of the epidemic, the global economy has been hit hard. It is the worst global downturn in decades, and while governments are responding vigorously with support from fiscal and monetary policies, the deep downturn triggered by the pandemic is expected to lead to a recession in the longer term as investment falls. The economy is in a prolonged downturn. The recession could get worse if the COVID-19 outbreak persists, if movement restrictions are extended or reimposed, or if economic activity is disrupted for a prolonged period. Businesses could struggle to repay debt, heightened risk aversion could lead to higher borrowing costs, and bankruptcies and defaults could lead to financial crises in many countries.

For the Ultra-pure-water Piping industry, at the beginning of the epidemic, from a production point of view, the epidemic caused disruptions in the global supply chain, and the Ultra-pure-water Piping manufacturing industry was greatly affected. Ultra-pure-water Piping may be affected by raw material shortages and labor disruptions, resulting in production interruptions. At the same time, the company's management efficiency has declined, commuting to and from get off work has been severely hindered, production planning has been severely hindered, network expansion lags behind, and marketing lags behind.

From the perspective of the downstream market, since the outbreak of the epidemic, the new crown pneumonia epidemic has caused delays and failures in delivery of goods and services. Therefore, the production and operation of semiconductor and pharmaceutical companies are affected. During the severe period of the epidemic, due to labor interruption, supply chain interruption, government regulation and other reasons, the production and operation of semiconductor and pharmaceutical companies were suspended, and the factory expansion plan was postponed, which led to a decrease in market demand for Ultra-pure-water Piping. However, with the development of time, the improvement of the epidemic situation, and the changes in the government's prevention and control measures, the downstream demand and supply chain gradually returned to normal, and the Ultra-pure-water Piping market gradually returned to normal.

Dynamics

Application of Ultra-pure-water Piping in Semiconductor Field

Electronic industries such as semiconductors, integrated circuit chips and packages, liquid crystal displays, and high-precision circuit boards need to use a large amount of pure water and ultrapure water to clean semi-finished and finished products. 80% of the processes in the production process of integrated circuits need to use ultra-pure water to clean silicon wafers. The quality of water has a great relationship with the product quality and production yield of integrated circuits. In the semiconductor field, Ultra-pure-water Piping is very important for the distribution of ultra-pure water transportation. Qualified pure water produced by ultra-pure water manufacturing equipment must go through Ultra-pure-water Piping before it can be sent to specific application points. The application of Ultra-pure-water Piping in the semiconductor field is one of the driving factors driving the development of the industry.

Limitations

Brand Barriers
Ultra-pure-water Piping is used for ultra-pure water transportation in semiconductor and pharmaceutical fields, reducing pure water pollution is very important for semiconductor and pharmaceutical production. Due to the importance of product use, downstream customers will tend to big brand companies when choosing Ultra-pure-water Piping. After years of precipitation and long-term accumulation, the big brand companies in the Ultra-pure-water Piping market have established a strict product quality control system and a strong product research and development system. In the process of continuous promotion of products and brands, the company has finally won the recognition of consumers for Ultra-pure-water Piping. Once the corporate brand image is established, it will be stickier to consumers, and customers will habitually consume products of well-known brands. When new entrants enter the market, they need the psychological cognition of customers, and there are conversion costs. Therefore, if a new entrant wants to build a well-known brand in a short period of time, it needs a lot of publicity expenses and long-term technology accumulation. Therefore, branding is one of the important barriers to entering a client's industry.

Region Overview:

In 2022, the share of the Ultra-pure-water Piping market in Europe stood at 39.00%.

Company Overview:

AGRU supplies the plastics technology that makes customers from all over the world succeed in their widely differing industries. Nowadays the company is one of the world ‘s most important single-source suppliers of high-quality piping systems, semi-finished products, concrete protection liners, and lining systems made from engineering plastics. As a reliable, experienced supplier AGRU offers everything from semi-finished products through to technologically optimised injection moldings, all from a single source.
Georg Fischer Ltd with its three divisions GF Piping Systems, GF Casting Solutions, and GF Machining Solutions – offers products and solutions that enable the safe transport of liquids and gases, as well as lightweight casting components and high-precision manufacturing technologies. As a sustainability and innovation leader, GF strives to achieve profitable growth while offering superior value to its customers for more than 200 years.
AGRU is one of the major players operating in the Ultra-pure-water Piping market, holding a share of 48.96% in 2023.

Segmentation Overview:

PP
According to the different materials used to manufacture Ultra-pure-water Piping. PP is a semi-crystalline thermoplastic. It has high impact resistance, strong mechanical properties, and resistance to various organic solvents and acid and alkali corrosion.
PVC
PVC is a polymer material obtained by addition polymerization of vinyl chloride. PVC material pipe has excellent acid resistance, alkali resistance and corrosion resistance.
PVDF
PVDF is a highly non-reactive thermoplastic fluoropolymer. PVDF has excellent resistance to chlorine, bromine and halogen compounds. At the same time, PVDF has good chemical resistance, processability, fatigue resistance and creep resistance.

By type, PVDF segment accounted for the largest share of market in 2022.

Application Overview:

Pharmaceutical
It refers to Ultra-pure-water Piping used in the transportation and distribution of ultra-pure water in the pharmaceutical field.
Semiconductor
It refers to Ultra-pure-water Piping used in the transportation and distribution of ultra-pure water in the semiconductor field.
Others

It refers to Ultra-pure-water Piping used in the transportation and distribution of ultra-pure water in food and beverage, electric power and other fields.

By application, the Semiconductor segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Ultra-pure-water Piping market covered in Chapter 3:

Georg Fischer Ltd
AGRU
SEKISUI CHEMICAL CO., LTD.
ASUNG

In Chapter 4 and Chapter 14.2, on the basis of types, the Ultra-pure-water Piping market from 2018 to 2029 is primarily split into:

PP
PVC
PVDF
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Ultra-pure-water Piping market from 2018 to 2029 covers:

Pharmaceutical
Semiconductor
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)