GLOBAL REVERSE OSMOSIS MEMBRANE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In October 2022, Mitsui O.S.K Lines, Ltd. and EnviroNor AS entered into a Memorandum of Understanding (MoU) to explore potential collaboration on a Floating Desalination Vessel (FDV) project. Floating Desalination Vessel is a mobile infrastructure outfitted with seawater desalination technology, such as RO (Reverse Osmosis) membranes, that is designed to generate fresh water and deliver it to coastal areas
• In November 2022, Saudi-Abunayyan Holding and Japan's Toray Industries announced plans for a collaborative effort to establish Saudi Arabia's inaugural RO (Reverse Osmosis) membrane production facility. This groundbreaking venture aims to construct a plant with an annual capacity of 254,000 membranes, marking a significant milestone in the region's water treatment industry. Scheduled to commence operations in 2025, this initiative underscores a strategic collaboration between the two companies to enhance local manufacturing capabilities and contribute to the advancement of water treatment technologies in Saudi Arabia.
• Koch's partnership with Waste 3R Engineering & Solutions in October 2020 is focused on advancing separation technologies for industrial water and wastewater projects in Bangladesh. This partnership aims to enhance recycling and reuse efforts by utilizing Koch's membrane products and systems.
• In November 2020, LG Chem provided RO (Reverse Osmosis) membranes for the Al Khobar II project in the Kingdom of Saudi Arabia. This project, with a substantial production capacity of 600 million liters per day (MLD), is designed to fulfill stringent water quality standards while emphasizing low energy consumption. By incorporating LG Chem's advanced RO membrane technology, the Al Khobar II project aims to efficiently produce high-quality water, demonstrating a commitment to sustainable water management practices and resource efficiency in the region