Market Size of Electrodeionization (EDI) Technology Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Electrodeionization Technology Market Analysis
The electrodeionization (EDI) technology market is expected to register a CAGR of over 5% globally during the forecast period. Major factors driving the market studied are increasing demand for ultrapure water in power generation and growing demand owing to its wide range of applications. On the flip side, the availability of alternate purification systems and unfavorable conditions arising due to the COVID-19 outbreak hinder the market's growth.
- Increasing the electronics and semiconductor segments' applications are expected to drive the Electrodeionization (EDI) Technology market over the forecast period.
- Asia-Pacific region represents the largest market and is also likely to be the fastest-growing market over the forecast period due to increasing consumption from countries like China, India, and Japan.