Scarcity of pure water resources is augmenting the opportunities for the use of membranes in the purification of brackish water. Rapid rise in population and steady expansion of industries has fuelled the water demand. This in turn has increased the requirement for membranes for water & wastewater treatment applications.
Market Dynamics
The global membrane separation market has witnessed significant growth in recent past years, owing to the rising depletion of water resources and increasing contamination of surface water bodies and ground in developing regions. Furthermore, growing investments in research & development in membrane separation production technology have led to the introduction of products with enhanced flow rates and better durability. This scenario is expected to provide lucrative growth to the global membrane separation market over the forecast period.
Major players in the global membrane separation market are increasing their investment in innovative product launchings, research & development, and marketing & promotional activities to capitalize on emerging trends in various end-use applications such as municipality, mining, and wastewater treatment. This scenario is expected to fuel the market during the forecast period.
The nanofiltration segment is projected to grow at a significant rate over the forecast period on account of its growing utilization for producing Ultrapure Water (UPW) in the semiconductor and pharmaceutical industries. In addition, the growing preference for nanofiltration in the dairy, chemical processing, and textile sectors is expected to further propel segment growth. Nanofiltration technology removes most of the organic contaminants from water and wastewater. They are used in the recovery of spent acids and caustic solutions from industrial effluents. Furthermore, it can be used for the elimination of dyes and colorants from the wastewater generated by textiles and leather processing industries.
Key features of the study:
- This report provides in-depth analysis of the global membrane separation market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global membrane separation market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study are Sartorius AG, 3M Company, Koch Membrane Systems Inc., TriSep Corporation, The Dow Chemical Company, GE Water & Process Technologies, IDE Technologies, Evoqua Water Technologies LLC, Pentair X-Flow, Pall Corporation, Polypore International, Inc., Asahi Kasei Corporation, Hyflux, and Kubota
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
- The global membrane separation market report caters to various stakeholders in this industry including investors, suppliers, membrane separation manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the membrane separation market
Detailed Segmentation:
- Global Membrane Separation Market, By Technology:
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- Microfiltration
- Ultrafiltration
- Nanofiltration
- Reverse osmosis
- Global Membrane Separation Market, By Application:
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- Water & Wastewater
- Industrial
- Healthcare
- Others
- Global Membrane Separation market, By Region:
- North America
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Israel
- Rest of Middle East
- Africa
- Central Africa
- South Africa
- Company Profiles
- Sartorius AG
- 3M Company
- Koch Membrane Systems Inc.
- TriSep Corporation
- The Dow Chemical Company
- GE Water & Process Technologies
- IDE Technologies
- Evoqua Water Technologies LLC
- Pentair X-Flow
- Pall Corporation
- Polypore International, Inc
- Asahi Kasei Corporation
- Hyflux
- Kubota