Semiconductors are considered to be as backbone of South Korean economy. The country is world's largest producer of semiconductors and integrated circuits. South Korea is also the largest exporter of semiconductors and its major market is neighboring European countries. To produce semiconductors in huge quantity, it is necessary to have constant supply of UPW (Ultrapure Water), as it is needed for chemical and mechanical polishing of semiconductors at the time of fabrication.
According to “South Korea Ultrapure Water (UPW) Systems Market Forecast and Opportunities, 2018”, UPW systems market in South Korea is growing at CAGR of 5.1% by volume, since 2010. The report also forecasts that in the coming years the market is going to maintain its growth pace. By 2018, the total market size for UPW systems in South Korea is anticipated to be USD 1.72 Billion in terms of value.The report also details about the other industries which have influenced the demand for UPW systems in the country. It describes about the trends, developments, dynamics, drivers and challenges in South Korean UPW system markets. The report “South Korea Ultrapure Water (UPW) Systems Market Forecast and Opportunities, 2018” elaborates following particulars: