The India ultrapure water market is anticipated to propel with an 8.88% CAGR by 2028, and is expected to generate $704.68 million during the estimated period 2022-2028.

Ultrapure water is one of the most commonly used active ingredients in pharmaceutical manufacturing. The expansion of India’s pharmaceutical sector contributes to the growth of the ultrapure market in the country during the forecast period. According to the India Brand Equity Foundation, India became a major global producer of generic medications due to its extensive supply of raw materials and accessibility of a skilled labor force.

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Since this industry deals with pharmaceutical products, thorough purification is essential to maintain the integrity of the product. The water used in this industry must be free of organic materials and bacteria. Standard potable water does not meet the required standards. As a result, ultrapure water is used in the processes because it contains no contaminants that could affect the process, which is expected to contribute to the ultrapure water market growth.

Besides the United States, India is the only nation with more USFDA-approved pharmaceutical factories, with more than 262 producing active pharmaceutical ingredients (APIs). Growth in the pharmaceutical industry is expected to increase the demand and adoption of ultrapure water to manufacture pharmaceutical drugs. Moreover, government-supportive strategies to expand the semiconductor market also promote market growth.

In December 2021, the government approved a $9.5 billion scheme to boost semiconductor and display manufacturing capabilities. Vedanta Group announced plans to invest $15 billion in display and semiconductor manufacturing in India over the next five to ten years through Avanstrate Inc. This group company makes special glass used in LCD panels. Such efforts will increase the production of semiconductors. Hence, such factors are expected to promote market growth in India during the forecast period.

The India ultrapure water market evaluation entails the analysis by application and end-user. Market by end-user includes power generation, pharmaceuticals, semiconductors, and other end-users.

Ultrapure water is required at nearly every semiconductor industry’s manufacturing stage. Processes and water treatment technologies are needed to remove contaminants, minerals, and microorganisms and trace organic and nonorganic chemicals to treat intake water to high quality levels. Semiconductor manufacturing comprises assembly or packaging, probe or sort, wafer fabrication, and final test. VLSI (very-large-scale integration) products and processor chips greatly depend on wafers’ chemical purity and near-perfect crystalline properties in wafer production.

Over the past few years, the semiconductor market has shown steady growth. For instance, as per the Semiconductor Industry Association, global semiconductor industry sales were $439.0 billion in 2020, an increase of 6.5% compared to the 2019 total of $412.3 billion. Such growth in the sales of the semiconductors is expected to further boost the demand for ultrapure water in the manufacturing process, which s likely to positively impact the market growth during the forecast period.

Market players dominating the India ultrapure water market include Asahi Kasei Corporation, Membrane Group India Pvt Ltd, Thermax Ltd, etc.

Thermax is a leading company providing sustainable solutions in energy and the environment. Its business portfolio includes heating, cooling, water and waste management products, and specialty chemicals. The company builds, designs, and commissions large boilers for municipal and industrial wastewater treatment plants, turnkey power plants, power and steam generation, air pollution control projects, and waste heat recovery systems. It operates in North America, Latin America, Asia, Europe, and the Middle East & Africa through 29 international offices and 14 manufacturing facilities, of which 10 are in India and 4 overseas, in Indonesia, Poland, Denmark, and Germany. It was founded in 1966 and is headquartered in Pune, India.

Tulsion Resins from Thermax are ultrapure water-grade resins to meet stringent water purity standards required for the production of semiconductor devices and solar cells. Tulsion is a premium brand with a global reputation in water treatment and process application technologies. Thermax Tulsion MB-1518, MB-106 UP and MB-1060 UP produce ultrapure water.

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