Global Polymeric Membranes Market, Technology (RO, UF, MF, NF), Application (Water & Wastewater Treatment, Industrial Processing) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

The Global Polymeric Membranes Market accounted for USD 3.6 billion in 2020 and is estimated to be USD 8.4 billion by 2030 and is anticipated to register a CAGR of 8.90%.

For gas separation applications, polymeric membranes have been extensively explored. On the one hand, polymeric membranes for CO2 capture are widely used due to their low cost, ease of manufacturing, and high packing density, but they are limited by their low chemical, mechanical, and thermal stabilities, as well as their inherent low permeance. Polyimide, polycarbonates, polyphenyl oxide, polysulfones, cellulose derivatives, and polyurethane are the most commonly utilised polymeric materials for gas separation (ethylene oxide). Currently, polymeric membranes are used in the gas separation sectors for air dehydration, nitrogen-enriched gas production, and refinery gas purification. The membrane approach is well described by the solution-diffusion model. The absorption of gases into a higher-pressure zone, followed by diffusion through the membrane, is the first step in the membrane separation process. Finally, the gases in the lower pressure area are desorbed. The difference in pressure between two locations is the driving factor behind membrane separation technology. 

Growing knowledge of wastewater reuse

The market for membranes is being driven by a growing population, increased knowledge of wastewater reuse, and fast industrialization. The membranes market is also being driven by a change from chemical to physical water treatment, rigorous laws surrounding water treatment and discharge, and changing climate dynamics in terms of precipitation amounts. Other factors boosting the market include the move from chemical to physical water treatment, increased industrial investments, stringent regulations for water and wastewater treatment, and increased public awareness about water and wastewater treatment.

High capital and energy expenses, on the other hand, may hampers the market expansion.

The Global Polymeric Membranes Market is segmented based on technology, application and region.

On the basis of technology, the Global Polymeric Membranes Market is segmented into RO, UF, MF, and NF. Based on Application, the target market is segmented into Water & Wastewater Treatment and Industrial Processing.

Regional Insights:

On region the Global Polymeric Membranes Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The increasing demand for physical water treatment is driving the growth of the membranes market in APAC. China, India, Indonesia, Malaysia, Vietnam, and Thailand are some of the largest and fastest-growing economies in APAC. Local governments are revising rules in domains including water treatment, drinking water supply, and wastewater discharge across these economies. Changes in water regulations in current systems, rising population, increased investment in water treatment, and fast industrialization are all important drivers for the membranes sector in APAC.

Report Scope:

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 Polymeric Membranes Market report based on technology, application and region.

Global Polymeric Membranes 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

Some of the leading players with a substantial market share are DuPont (US), Toray (Japan), Hydranautics (US), Koch Separation Solutions (US), Nanostone Water, Pall Corporation, Hyflux Ltd., Parker Hannifin, Honeywell and Pentair (UK). New product launch, agreement & collaboration, investment & expansion, and merger & acquisition are the major growth strategies adopted by the market players between 2020 and 2030 to enhance their regional presence and meet the growing demand for membranes in the emerging economies.

• DuPont
• Toray
• Hydranautics
• Koch Separation Solutions
• Pentair
• Nanostone Water
• Pall Corporation
• Hyflux Ltd.
• Parker Hannifin
• Honeywell