Membrane separation is an advanced technology that is used to separate the component from the mixture and is widely used across industrial and commercial sectors. It has excellent properties such as durability, porosity, stability, permeability, and selectivity. It is also used across wastewater treatment plant for cleaning and filtering the water and make it drinkable on a large scale. Some of the membrane separation technologies are reverse osmosis (RO), microfiltration (MF), ultrafiltration (UF), and nanofiltration (NF). Some of the major end-user of the membrane separation market are food & beverages, medical & pharmaceutical, water & waste treatment, and industrial processing.
The global membrane separation market is projected to surpass US$ 16.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.9% during the forecast period (2020 to 2027).
Top Key Players in Membrane Separation market: 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
Regional Analysis For Membrane Separation Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Membrane Separation market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Growing demand for membrane separation from the municipal industry is predicted to drive the market growth. The municipal industry utilizes membrane separation for treating wastewater and supplying it to the general public water system for the utilization . Growing demand for municipal water thanks to increasing population and industrialization is predicted to foster the market growth of the membrane separation. Moreover, growth within the urban population is another major factor fueling the demand for municipal water, in turn, propelling the market growth of membrane separation.
Rising cases of waterborne disease round the globe are expected to fuel the demand for membrane separation over the forecast period. consistent with the planet Health Organization 3.4 million people, mostly children, die annually from water-related diseases. Growing awareness regarding proper sanitation and hygiene among consumers of the developing region is further anticipated to reinforce the market growth of membrane separation.
Shifting preferences for chemicals free technology for wastewater treatment in order to adopt environment-friendly technology is expected to propel the market growth. Membrane separation technology is expected to offer ample opportunities in the near future. The food &beverage industry is rapidly adopting chemical-free treatment in order to reduce the processing time and environmental hazards associated with the chemicals.
The increasing scarcity of water for a human is expected to raise demand for membrane separation. According to the Coherent Market Insights analysis, despite 70% of the earth being covered with water, only 3% can be counted as freshwater. Out of total freshwater, only 0.5% is available for the ecosystem and human use. Thus, the limited availability of fresh water on the earth is projected to fuel the market growth of the membrane separation over the forecast period.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com