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) - Trends, Analysis, and Forecast Till 2029

Report Code: PMI445520 | Publish Date: December 2023 | No. of Pages: 170

Global Membrane Separation Technology Market Overview

Membrane separation technology market accounted for USD 17.8 Billion in 2019 and is estimated to be USD 54.1 Billion by 2029 and is anticipated to register a CAGR of 11.9%.

Membrane separation technology is used to separate and to purify a specific component from the rest of the mixture. This technology is widely used for commercial and industrial purposes. Certain properties of membrane separation technology, such as durability, porosity, permeability, stability, and selectivity, make them an indispensable element in various industrial applications. Membrane separation technology are widely used in water & wastewater treatment, industrial, laboratory, medical, food & beverage, and research applications to purify, concentrate, sterilize, or separate samples.

Global Membrane Separation Technology Market Drivers & Restraints

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.

Conversely, cost restraints related to adoption of membrane filters are anticipated to hamper the growth of the global membrane separation technology market during the forecast period.

Global Membrane Separation Technology Market Segmentations & Regional Insights

The global membrane separation technology market is segmented based on the technology, application, and region.

On the basis of the technology, the global membrane separation technology market is segmented into RO, UF, MF, NF, and others. Based on application, the global market is classified into water & waste water treatment, food & beverage, medical & pharmaceutical, industry processing, and others.

Regional Insights:

In the region, the global membrane separation technology market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 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. The government of China launched the ‘Water Pollution Prevention and Control Action Plan’ in 2015 in an effort to prevent heavily polluting sectors such as chemicals and pulp and paper from contaminating water sources. The implementation of this action plan is expected to promote wastewater treatment, thereby, driving the demand for membrane separation technologies in China. North America market is also expected to witness a notable CAGR of 9.7% over the forecast period owing to rising government initiatives to encourage sustainable development. In addition, strict government regulations to control wastewater disposal from municipal sources are also expected to augment the market growth. The pharmaceutical industry in North America is expected to witness exponential growth owing to various research and development activities related to healthcare products. The implementation of regulatory norms for the discharge of pharmaceutical effluents is anticipated to boost the overall market growth over the forecast period.

Membrane Separation Technology Market Report Scope:

Attribute

Details

The base year for estimation

2019

Forecast period

2019 – 2029

Market representation

Revenue in USD Billion & CAGR from 2019– 2029

Market Segmentation

By Technology- RO, UF, MF, NF, Others

By Application- Water & Waste Water Treatment, Food & Beverage, Medical & Pharmaceutical, Industry Processing, Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global membrane separation technology market report based on technology, application, and region.

Membrane Separation Technology Market, By Technology:

  • RO
  • UF
  • MF
  • NF
  • Others

Membrane Separation Technology Market, By Application:

  • Water & Waste Water Treatment
  • Food & Beverage
  • Medical & Pharmaceutical
  • Industry Processing
  • Others

Membrane Separation Technology Market, By Region:

  • North America
    • Middle East & Africa
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • Europe
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
    • U.S.
    • Canada

Global Membrane Separation Technology Market Competitive Landscape & Key Players

The key players operating in the global membrane separation technology market include The Dow Chemical Company, The 3M Company, GE Water & Process Technologies, Toray Industries, Merck Millipore, Asahi Kasei Corporation, Hydranautics, Danaher Corporation, Pentair plc, and Koch Membrane Systems Inc. Investment in R&D is one of the planned measures to beat the competition. For instance, in October 2018 Toray Industries, Inc., announced that it succeeded in creating a highly hydrogen permeable polymeric separation membrane that can selectively separate hydrogen from a gas mixture containing hydrogen. It will improve the technology and socially implement it towards the realization of a hydrogen energy based society.

Global Membrane Separation Technology Market Company Profile

  • The Dow Chemical Company
  • The 3M Company
  • GE Water & Process Technologies
  • Toray Industries
  • Merck Millipore
  • Asahi Kasei Corporation
  • Hydranautics
  • Danaher Corporation
  • Pentair plc
  • Koch Membrane Systems Inc.

FAQs

The global membrane separation technology market is segmented based on the technology, application, and region.

Conversely, cost restraints related to adoption of membrane filters are anticipated to hamper the growth of the global membrane separation technology market during the forecast period.

In the region, the global membrane separation technology market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region held the majority of the market revenue share in 2019 and is likely to continue its dominance over the forecast period.

The Dow Chemical Company, The 3M Company, GE Water & Process Technologies, Toray Industries, Merck Millipore, Asahi Kasei Corporation, Hydranautics, Danaher Corporation, Pentair plc, and Koch Membrane Systems Inc.