Electrodeionization Market Size, Share & Trends Analysis Report By Design (Plate & Frame, Spiral Wound), By End Use (Power Generation, Food & Beverage, Chemical, Pharmaceutical, Electronics & Semiconductor), By Region, And Segment Forecasts, 2024 - 2030

Electrodeionization Market Size & Trends

The global electrodeionization market size was estimated at USD 1,094.1 million in 2023 and is projected to reach USD 1,764.1 million by 2030 and is anticipated to grow at a compounded annual growth rate (CAGR) of 7.0% from 2024 to 2030. The increasing demand for ultrapure water in various industries, such as power generation, pharmaceuticals, and electronics, is driving the growth of the electrodeionization (EDI) market.

EDI technology is favored for its ability to produce high-purity water without the need for chemical regeneration, making it an environmentally friendly and cost-effective solution. The demand for EDI systems is further fueled by stringent regulatory standards regarding water quality and the growing emphasis on sustainable and efficient water treatment solutions. Advancements in EDI technology and the integration of renewable energy sources are expected to further propel market growth.

Electrodeionization systems are essential for providing the high-purity water required in various industrial processes. These systems are widely used in power generation plants to produce boiler feed water, in the pharmaceutical industry to produce water for injection, and in the electronics industry to manufacture semiconductors.

Electrodeionization technology combines the electrodialysis and ion exchange technologies that generates high-purity water with the help of electric energy and semi-permeable membranes. Manufacturers are investing in research and development activities in order to innovate new products with enhanced performance and energy-efficient technology. For instance, Ionpure, a division of Evoqua Water Technologies, continuously invests in the development of electro deionization technology.

Drivers, Opportunities & Restraints

The electrodeionization market is driven by several factors, including the increasing need for high-purity water in critical applications, stringent environmental regulations, and the growing awareness about sustainable water treatment solutions. The ability of EDI systems to continuously produce high-purity water without the use of hazardous chemicals makes them an attractive option for industries aiming to reduce their environmental footprint.

The growing semiconductor and electronics manufacturing across the globe are also expected to boost the demand for the electro deionization market. The semiconductor fabrication process requires ultra-pure water for various processes. The rising demand for semiconductor fabrication is expected to drive the growth of the electrodeionization market over the forecast period.

Moreover, rising water pollution and the depletion of fresh, unpolluted water sources are putting pressure on industrial manufacturers to install water purification solutions. Further, there is an increasing focus on renewable energy integration and the development of advanced EDI modules. The rising demand for ultrapure water in emerging economies and the expansion of industries such as pharmaceuticals and electronics present significant opportunities for market expansion.

Design Insights

“The demand for spiral wound design segment is expected to grow at a significant CAGR of 7.3% from 2024 to 2030 in terms of revenue”

The plate and frame design segment led the market, accounting for 69.4% of the global revenue share in 2023. The increasing adoption of plate and frame EDI systems is driven by their efficiency, ease of maintenance, and scalability. These systems are widely used in applications requiring large volumes of high-purity water, such as power generation and semiconductor manufacturing.

The spiral wound design segment is also expected to witness significant growth due to its compact design and high-performance capabilities. Spiral wound EDI systems are ideal for applications with space constraints and are commonly used in the pharmaceutical and food & beverage industries.

End Use Insights

“The demand for power generation segment is expected to grow at a significant CAGR of 7.4% from 2024 to 2030 in terms of revenue”

The power generation segment accounted for 27.4% of the global electrodeionization market revenue share in 2023. EDI systems are crucial in power plants for producing high-purity water required for boiler feed water and steam generation. The growing demand for electricity and the expansion of power generation capacities globally are driving the adoption of EDI systems in this segment.

The pharmaceutical industry is another significant end-use segment, utilizing EDI systems to produce ultrapure water for various applications, including water for injection and laboratory use. The stringent regulatory standards and the need for high-quality water in drug manufacturing processes are propelling the demand for EDI systems in the pharmaceutical industry.

Regional Insights

“Asia Pacific to witness fastest market growth at 7.6% CAGR”

The electrodeionization market in North America accounted for the largest revenue share of 36.4% in 2023. The market is driven by the presence of well-established industries and the increasing focus on environmental sustainability. The stringent regulatory standards and the growing adoption of advanced water treatment technologies are contributing to the market growth in this region.

The electrodeionization market in U.S. is estimated to grow at a significant CAGR of 7.0% over the forecast period. Ambitious efforts and policies introduced by the U.S. government to revive the domestic manufacturing sector, including semiconductors and pharmaceuticals, are likely to boost the demand for EDI for these industries over the forecast period.

Europe Electrodeionization Market Trends

Europe electrodeionization market is driven by stringent environmental regulations and the presence of advanced industrial infrastructure. The growing demand for high-purity water for industrial use will likely positively impact the EDI market's growth over the forecast period.

Asia Pacific Electrodeionization Market Trends

Asia Pacific is anticipated to witness the fastest growth over the forecast period, with a CAGR of 7.6%. The robust industrial growth, significantly led by economic development in China and India, is expected to increase the demand for the electrodeionization market. Further, numerous FDI in the industrial sector in Asia Pacific likely to bolster the growth of the market over the forecast period.

Key Companies & Market Share Insights

Some of the key players operating in the market include Veolia Environment S.A., DuPont, Evoqua Water Technologies LLC, among others.

• Veolia Water Technologies is a prominent player in the EDI market, known for its advanced water treatment solutions and large-scale projects. The company provides reliable and efficient EDI systems for industries such as power generation, pharmaceuticals, and electronics.

• Evoqua Water Technologies LLC is a global leader in water and wastewater treatment solutions, offering a comprehensive portfolio of EDI systems. The company's commitment to quality and innovation has made it a trusted name in the EDI market.

Ovivo Inc., Pure Aqua Inc., Lenntech B.V., are some of the emerging market participants in the electrodeionization market.

• Ovivo Inc. is a global company with over 150 years of experience in water treatment sector. Company provides electrodeionization solutions for several industrial applications in a standard, pre-engineered or custom-built format.

• Lenntech B.V. is a designing and manufacturing company based in Netherlands serving numerous industries. The company offers various water treatment solution including EDI unit, built with conventional plate and frame design.

Recent Developments

• In March 2024, Veolia Water Technologies announced a partnership with a leading semiconductor manufacturer to provide EDI systems for a new production facility in China, aiming to enhance water quality and reduce environmental impact. The company will introduce new plant in Changshu industrial zone and will strategically function as operation and maintenance center for deionization and mobile water treatment solutions.

• In May 2022, Ionpure launched a new EDI systems, VNX Ultra designed to provide ultrapure water for critical applications in the pharmaceutical and electronics industries. The system is unique with highest boron removal capability in the market.

Electrodeionization Market Report Scope

Global Electrodeionization Market Report Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the electrodeionization market on the basis of design, end use, and region:

• Design Outlook (Revenue, USD Million; 2018 - 2030)

  • Plate & Frame

  • Spiral Wound

• End Use Outlook (Revenue, USD Million; 2018 - 2030)

  • Power Generation

  • Food & Beverage

  • Chemical

  • Pharmaceutical

  • Electronics & Semiconductor

  • Others

• Regional Outlook (Revenue, USD Million; 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE