Membrane Separation Technology Market – Key players like 3M Company, GE Water & Process Technologies, Toray Industries, Merck Millipore, Asahi Kasei Corporation, Hydranautics, Danaher Corporation anticipating market growth.

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Published Date: June 2024

Increasing awareness regarding water & wastewater treatment and Increasing Growth of Pharmaceutical Industry helping strong market growth. The global membrane separation technology market accounted for US$17.8 Billion in 2019 and is estimated to be US$ 54.1 Billion by 2029 and is anticipated to register a CAGR of 11.9%

The report "Membrane Separation Technology Market, By Technology (RO, UF, MF, NF, and Others), By Application (Water & Waste Water Treatment, Food & Beverage, Medical & Pharmaceutical, Industry Processing, 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 April 2019, AXEON Water Technologies decided to appoint ADEKHA Ltd. as its approved Middle East and Africa distributor and strategic partner. This nomination should help AXEON broaden its footprint in Nigeria and West Africa.
In July 2018, Dow Water Solutions, a business unit of DowDuPont Safety & Construction division, won the 2018 International Desalination Association (IDA) Award for Industry Technology and Innovation Leader in Water Reuse and Conservation. The award recognizes Minimal Liquid Discharge (MLD), an innovative wastewater management approach that helps industry move beyond a linear “take, make and dispose” model to a world in which raw materials are continuously recycled and reused.

Analyst View:

Increasing awareness regarding water & wastewater treatment

The scarcity of pure water has provided opportunities for use of membranes in brackish water purification. High purity standards and stringent regulations regarding drinking water and industrial wastewater discharge are leading to increased water and wastewater treatment activities that use RO, UF, and MF membranes on a large scale. In the U.S., it is mandated by the law that citizens should be given clean and abundant water. The EU’s bathing water standards policy have rules for safeguarding public health with clean bathing water and so on. All these policies are set to increase water & wastewater treatment processes across the world. This is driving the growth of the global membrane separation technology market.

Initiative by government and industry

Industry participants in collaboration with research institutes are undertaking various R&D projects to improve and accelerate the membrane manufacturing technology. The potential use of 3D printing technique may enable the manufacturing of membranes in different shapes and designs in a more precise manner compared to other membrane fabrication methods currently available. The U.S. Food and Drug Administration (FDA) has suggested the implementation of RO pre-filtration in the food and beverage industry to reduce the possibility of biofilm formation. This is anticipated to promote the demand for membrane separation technologies in the coming years. Increasing investments and continuous R&D in membrane separation technology have led to the introduction of membrane products with enhanced durability and higher flow rates. Moreover, manufacturers are developing membrane technologies to address the specific requirements of the end-use industries.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Membrane Separation Technology Market”, By Technology (RO, UF, MF, NF, and Others), By Application (Water & Waste Water Treatment, Food & Beverage, Medical & Pharmaceutical, Industry Processing, 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 global membrane separation technology market accounted for US$17.8 Billion in 2019 and is estimated to be US$54.1 Billion by 2029 and is anticipated to register a CAGR of 11.9%. The market report has been segmented on the basis of technology, application, and region.

By technology, reverse osmosis is expected to remain the most dominant category in the membrane separation technology market and is likely to expand at a CAGR of 11.7% over the forecast period. The membranes used for the aforementioned separation technologies are generally characterized with a pore of less than one nm and are used for the production of ultrapure water, landfill leachates treatment, and seawater desalination.
By application, the water and wastewater treatment segment accounted for the largest market share in 2019 and is anticipated to expand at a CAGR of 11.4% over the forecast period. Growing restrictions on the discharge of untreated wastewater is expected to have a positive impact on market growth.
By region, Asia Pacific region held the majority of the market revenue share in 2019 and is likely to continue its dominance over the forecast period. This growth is due to rising water pollution and growing environmental concerns driven by the growth of industries such as mining, chemicals, and metal processing industries.

Competitive Landscape:

The prominent player operating in the global membrane separation technology market includes The Dow Chemical Company, 3M Company, GE Water & Process Technologies, Toray Industries, Merck Millipore, Asahi Kasei Corporation, Hydranautics, Danaher Corporation, Pentair plc, and Koch Membrane Systems Inc.

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 global market are included in the report.

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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