Microfiltration Membrane Market – Analysis and Demand with Forecast Overview to 2029

Download Sample

Published Date: March 2024

The microfiltration membrane market accounted for US$ 4.2 billion in 2019 and is estimated to be US$ 8.5 billion by 2029 and is anticipated to register a CAGR of 7.3%

The report "Microfiltration Membrane Market, By Filtration Mode (Dead-End Filtration and Cross-Flow Filtration), By Material Type (Polyethersulfone (PES), Polypropylene (PP), Polyvinylidene Fluoride (PVDF), Polytetrafluoroethylene (PTFE), Polyether Ether Ketone (PEEK), Polyimide, Cellulose, and Others), By Application (Semiconductor & Electronic, Oil & Gas, Dairy, Food & Beverage, Pharmaceutical, Biotechnology, Industrial Wastewater Treatment, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029”.

Key Highlights:

In September 2019, Australian-Singaporean water and wastewater treatment company De.mem’s newly-developed microfiltration membrane (MF) designed for food and beverage applications. The new technology is a hollow fibre membrane with a relatively large pore size and increased flux, allowing a greater throughput of liquids.
In July 2017, GE introduced BEVPAK, a new ultrafiltration (UF) and reverse osmosis (RO) solution for water treatment in the production of beverages. GE Water & Process Technologies’ new, integrated UF and RO technology is designed to process poor quality and challenging source water with optimal removal of particulates, microorganisms and total dissolved solids (TDS) while reducing the footprint and lowering costs.

Analyst View:

The growing demand for membrane microfiltration in industrial wastewater

Conventional separation technologies have proven to be inefficient in treating solutions containing excessive dissolved organic compounds. Conventional separation technologies include sand filtration, dissolved air floatation, and coagulation and sedimentation. These techniques are widely used for filtration applications in industries such as oil and gas, food and beverage, and pharmaceutical. To overcome the drawback of conventional separation technologies, new filtration techniques known as microfiltration have been introduced in the market. This technique is widely used for the treatment of contaminated liquids. Furthermore, the municipal water department mainly depends on microfiltration technologies for the effective removal of contaminants, such as bacteria and viruses, from drinking water. Also, they are used for the pretreatment of sourced water to protect RO equipment from corrosive contaminants present in the water. Thus, the growing demand for membrane microfiltration in industrial wastewater is propelling the microfiltration membrane market growth.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Microfiltration Membrane Market”, By Filtration Mode (Dead-End Filtration and Cross-Flow Filtration), By Material Type (Polyethersulfone (PES), Polypropylene (PP), Polyvinylidene Fluoride (PVDF), Polytetrafluoroethylene (PTFE), Polyether Ether Ketone (PEEK), Polyimide, Cellulose, and Others), By Application (Semiconductor & Electronic, Oil & Gas, Dairy, Food & Beverage, Pharmaceutical, Biotechnology, Industrial Wastewater Treatment, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029

Key Market Insights from the report:

The microfiltration membrane market accounted for US$ 4.2 billion in 2019 and is estimated to be US$ 8.5 billion by 2029 and is anticipated to register a CAGR of 7.3%. The market report has been segmented on the basis of product, technique, operation mode, end-user, and region.

Depending upon product, the cross-flow segment estimates for the highest market share in terms of volume due to the growth in demand for cross-flow filtration in several industries.
Depending upon the technique, the polymeric material based filters accounts for the highest share in the market. These filters comes with low initial cost and have extensive applicability in different industries, such as pharmaceutical, food processing, medical, and water treatment.
In terms of operation mode, the industrial wastewater treatment accounts for the highest market share in the membrane microfiltration market. This is attributed because of rise in water scarcity and growth in the need for the good quality of water globally.
By region, the Asia Pacific accounts for the highest market share as compared to other regions and is projected to remain so in the upcoming years. The growing requirement for wastewater treatment, increasing implementation of regulatory standards, and growing adoption of desalination methods to meet clean water needs in several regional countries are factors boosting the growth of the market. In addition, a huge number of biotechnology and pharmaceutical companies are establishing their manufacturing plants and research centers in this region, which in turn would create a positive impact on the market growth.

Competitive Landscape:

The prominent player operating in the microfiltration membrane market includes MD Millipore Corporation, 3M Purification Solutions, Koch Membrane Systems Inc., Alfa Laval AB, Hyflux Limited, GE Water & Process Technologies, Kubota Corporation, Danaher Corporation, Pentair, Sartorius Stedim Biotech S.A., and Asahi Kasei Corporation.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the market are included in the report.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period

Key Topics Covered