The municipal industry's increasing need for membrane separation is likely to boost market expansion. Membrane separation is used in the municipal industry to clean wastewater and feed it to the public water system. Increasing need for municipal water due to population increase and industrialisation is likely to drive membrane separation market growth. Moreover, urban population expansion is a primary element driving demand for municipal water, which in turn drives market growth. Throughout the projection period, rising incidences of waterborne illness are likely to boost demand for membrane separation. The high installation and ongoing costs of membrane separation are expected to limit the technology's usage. Furthermore, a lack of understanding about the benefits of this technology in emerging countries' rural areas is projected to stymie market expansion. Fluctuating raw material costs utilised in membrane separation production are projected to stymie market expansion throughout the forecast period.
According to Coherent Market Insights, Global Membrane Separation Market was valued at US$ 12 Billion in 2021 in terms of revenue, exhibiting a CAGR of 5.7% during the forecast period (2022 to 2030).
Top Companies Membrane Sparation Industry:
1. Sartorius AG
Sartorius Aktiengesellschaft provides bioprocess solutions and lab products and services worldwide. Sartorius Aktiengesellschaft was founded in 1870 and is headquartered in Göttingen, Germany. In May 2022, Sartorius AG, had expanded its global production capacity with the expansion of its manufacturing site in Tunisia. Enabling the Germany-based company to increase the production of fluid management technologies.
2. 3M Company
3M Company provides diversified technology services in the United States and internationally. The company operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. 3M Company was founded in 1902 and is headquartered in St. Paul, Minnesota. In August 2022, 3M Company, announced the advanced delivery of 3M Veraflo Therapy. A new 3M Veraflo Cleanse Choice Complete Dressing Kit and a software upgrade for the 3M V.A.C. Ulta Therapy Unit was introduced at no increase cost to the customer.
3. Koch Membrane Systems Inc.
Koch Membrane Systems is an engineering company that offers water treatment and industrial water filtration systems. The company was founded in 1963, headquartered in Massachusetts, U.S.
4. TriSep Corporation
TriSept Corporation is a seasoned technical service provider to the space and intelligence communities. The company was founded in 1994, headquartered in Virginia, U.S.
5. The Dow Chemical Company
Dow Inc., through its subsidiaries, engages in the provision of various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.
6. GE Water & Process Technologies
GE Water partners with customers to provide the most advanced water treatment, wastewater treatment & process system technologies. The company was founded in 1925, headquartered in Pennsylvania. U.S. In Mar 8, 2017 SUEZ Environnement acquired GE Water & Process Technologies Inc.
7. IDE Technologies
A world leader in water treatment solutions, IDE specializes in the development, engineering, construction and operation of enhanced desalination and industrial water treatment plants. The company was founded in 1965, headquartered in Israel.
8. Evoqua Water Technologies LLC
Evoqua Water Technologies provides products, solutions, and services to ensure water quality and consistency. In Jan 23, 2023 Xylem acquired Evoqua Water Technologies.
9. Pall Corporation
The company was founded in 1946, headquartered in Washington, U.S. it is Manufacturer of filter products intended to meet fluid management needs. The company manufactures and markets filtration, purification and separation products and integrated systems solutions for biotech, laboratory, medical and aerospace industry.
10. Polypore International, Inc.
Polypore has one of the broadest portfolios of microporous membrane products in the world with an unmatched breadth of capabilities utilizing proven proprietary processes and product technologies. The company was founded in 1996, headquartered in North Carolina.
*Definition- Membrane separation is a sophisticated technique that is frequently used in the industrial and commercial sectors to separate components from mixtures. Food and beverage, medical and pharmaceutical, water and waste treatment, and industrial processing are the primary end-users of the membrane separation market.
