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Membrane Filtration Market: Growth Opportunities and Recent Developments

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Membrane Filtration Market: Growth Opportunities and Recent Developments

March 23
12:50 2020
Membrane Filtration Market: Growth Opportunities and Recent Developments

MarketsandMarkets™
The global membrane filtration market is estimated to be valued at USD 13.5 billion in 2019 and is projected to reach USD 19.6 billion by 2025, at a CAGR of 6.4% from 2018 to 2025.

The report Membrane Filtration Market by Type (RO, UF, MF, NF), Application (Water, Dairy, Drinks & Concentrates, Wine & Beer), Module Design (Spiral, Tubular, Plate & Frame), Membrane Material (Polymeric & Ceramic), and Region – Global Forecast to 2025″, The membrane filtration market is estimated to be valued at USD 13.5 billion in 2019 and is projected to reach USD 19.6 billion by 2025, at a CAGR of 6.4% from 2019 to 2025. The rapidly growing dairy industry, stringent regulations for water safety & filtration, and rising demand for premium alcoholic drinks products are some factors driving the growth in the membrane filtration market.

Membrane Filtration Market

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By application, the water & wastewater segment is projected to account for the largest share in the membrane filtration market

Membrane filtration technologies are increasingly being used for the removal of bacteria, microorganisms, particulates, and natural organic material from water, which can change the color, taste, and odor of water. The growing awareness among consumers is enabling water processing plants as well as government bodies to place more emphasis on limiting the concentrations and number of chemicals that are utilized during water treatment. Thus, considering factors such as the growing emphasis on reducing the usage of chemicals in water treatment and advantages such as effective purification and reduced operation cost offered by membrane filtration technology, government bodies across the globe are also adopting this technology to provide safe and clean drinking water to the households.

By module design, tubular systems segment in membrane filtration market for food & beverages is projected to record a faster growth during the forecast period

Tubular membrane modules are tube-like structures that contain porous walls. These modules are generally used for processing feed streams, which consist of high dissolved solids, high suspended solids, and/or oil, grease, or fats. These modules are also widely utilized for water applications, as they are highly efficient in removing contaminants and producing high-quality processed water. This water can then be treated with a reverse osmosis system to generate high-quality fresh water; it is, hence, widely used in the beverage industry. Apart from water, tubular system modules are steadily gaining ground in the dairy and wine industries. In dairy applications, they are used for the reduction of bacteria in milk, whey, whey protein concentrates, and brine. In the wine industry, they are used for the filtration of wine.

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Asia Pacific is estimated to dominate the membrane filtration market, in terms of value, in 2018

The large demand for sustainable filtration technology from water processing & food & beverage industries create a huge demand for membrane filtration in the Asia Pacific region with China being the largest and India being the fastest growing market. The increase in the demand for dairy products, government support for membrane filtration technology in water purification, the growth in the purchasing power of the middle-class group for quality products, and the rise in consumption of functional food are some of the important factors that are projected to drive the demand for membrane filtration technology in this region.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies. It includes the profiles of leading companies such as DowDuPont (US), Suez Water Technologies and Solutions (US), Alfa Laval AB (Sweden), GEA Group AG (Germany), Pall Corporation (US), 3M Company (US), Koch Membrane Systems Inc (US), Veolia (France), SPX Flow, Inc. (US), Prominent GmbH (Germany), Pentair Plc. (US), and Porvair Filtration Group (UK).

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