LONDON — Water and wastewater management opportunities are growing within the microelectronics and semiconductors manufacturing plants market to help address environmental restrictions, rising costs and the requirement for ever-decreasing particle size removal in ultrapure water, according to industry research group Frost & Sullivan.
The use for semiconductors is rising globally, fed by the ever-growing number of electronic devices and the rapidly expanding middle classes in developing regions. Advanced water and wastewater treatment technologies that cater to this demand while reducing the impact on the environment and operating budgets too are seeing high uptake.
New analysis from Frost & Sullivan, “CEO 360: Water and Wastewater Management Opportunities in the Global Microelectronics and Semiconductors Market,” reveals the water and wastewater management market within the global microelectronics and semiconductor market earned revenues of $985 million in 2011 and estimates this to reach $1,388.50 million in 2016.
"The need for purer ultrapure water to accommodate for decreasing chip sizes brings opportunities for higher performance water filtration technologies and wastewater treatment and recycling equipment," said Frost & Sullivan research analyst Seth Cutler. "Recycling wastewater will also decrease a plant''s environmental impact and drive internal efficiencies."