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Membrane Filtration Market worth $22.1 billion by 2027 | Key Players are Alfa Laval, GEA Group, Dupont, Suez, Pall Corporation, Veolia, Prominent, Pentair, SPX Flow

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Membrane Filtration Market worth $22.1 billion by 2027 | Key Players are Alfa Laval, GEA Group, Dupont, Suez, Pall Corporation, Veolia, Prominent, Pentair, SPX Flow

August 23
21:28 2022
Membrane Filtration Market worth $22.1 billion by 2027 | Key Players are Alfa Laval, GEA Group, Dupont, Suez, Pall Corporation, Veolia, Prominent, Pentair, SPX Flow
MarketsandMarkets™
China dominated the Asia Pacific membrane filtration market with more than 50% of market share in 2021. The membrane filtration market in Asia Pacific region is driven by utilization of membrane filtration technology in water industry.

According to a research report Membrane Filtration Market by Application (Dairy Products, Drinks & Concentrates, Wine & Beer), Module Design (Spiral Wound, Tubular Systems, Plate & Frame and Hollow Fiber), Type, Membrane Material & Region – Global Forecast to 2027″ published by MarketsandMarkets, the global Membrane filtration market estimated at USD 16.1 billion in 2022. It is projected to reach USD 22.1 billion by 2027, recording a CAGR of 6.5% during the forecast period. Developing, as well as developed economies in countries such as UK, India, Chia, and US are regulating the packaged drinking water, thereby focusing on the utilization of membrane filtration technology. Plus, the growing alcoholic beverage consumption in developing countries could act as a driving factor for the membrane filtration market growth, as distilling alcohol uses reverse osmosis.

Membrane Filtration Market

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Ultrafiltration and microfiltration find majority of dairy and beverage concentrates applications.

Dairy industry incorporates majorly all kind of filtration technologies such as MF, NF, UF, and RO. Microfiltration is incorporated to lower the bacteria and fat elimination in whey and milk along with protein and casein standardization. Microfiltration has proven to be highly effective in eliminating contaminants and substances that cause haze in juice products. Therefore, UF membranes widely used in the juice industry for clarification, concentration, and de-acidification of juices and is expected to continue its demand in the next couple of years.

Stringent food safety regulations is driving the Europe membrane filtration market.

Europe is the third-largest region in global membrane filtration market and is majorly inspired by the growing demand for membrane filtration equipment from the dairy, functional food, and nutraceutical industries. Europe has major dairy producing countries such as Spain, Italy, UK, and Germany. Growing awareness among European consumers about the quality of food products and the ingredients included in their diets. Additionally, an increase in the consumption of fortified, low-salt, and low-fat food; and food with more health advantages is one of the key factors driving the demand for functional food products in the region. Manufacturers of these products use high-end technologies including membrane filtration which is expected to upscale the demand for membrane filtration technology in the upcoming years.

Easy to use a feature of ceramic membranes has gained a traction from food and beverage processing industry.

The ceramic membrane provides different benefits such as high abrasion resistance, fluxes, durability, and bacteria resistance, owing to this the ceramic membrane segment is projected to be presented with attractive opportunities in the future. Moreover, because of characteristics such as exceptionally high chemical and physical stability, effective separation, and long lifespan, it has been observed that water processing, as well as food processing industries, prefer membranes with ceramic material, which is eventually anticipated to strengthen membrane filtration market growth.

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The key players in this market include Alfa Laval (Sweden), GEA Group (Germany), Dupont (USA), Suez (US), Pall Corporation (US), 3M (US), Koch Separation Solutions (US), Veolia (France), Prominent (Germany), Pentair (US), SPX Flow (US), Porvair Filtration Group (UK), Evoqua Water Technologies LLC (US), Donaldson Company, INC (US), and Mann+Hummel (Germany). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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