Filter Membrane Market, By Type (Polymeric Membrane, Ceramic Membrane, and Other Membrane), By Technology (Microfiltration, Ultrafiltration, Nanofiltration, and Reverse Osmosis), By Application (Waste Water Treatment, Food & Beverages, Chemical Processing, Industrial Gas Processing, and Pharmaceuticals and Medical Uses) - Trends, Analysis, and Forecast Till 2029

Report Code: PMI447020 | Publish Date: July 2023 | No. of Pages: 141

Global Filter Membrane Market Overview

Filter membrane market accounted for USD 13.6 Billion in 2019 and is estimated to be USD 25.5 Billion by 2029 and is anticipated to register a CAGR of 6.6%

Filter membranes are special kind of materials that allows certain constituents to pass through them and restricts or blocks the flow of others. Membranes are primarily used as filtering agents in industrial and commercial applications. Some of the advantages offered by membranes include porosity, durability, stability, selectivity and permeability.

Global Filter Membrane Market Drivers & Restraints

Many chemical processes use filtration by membrane to desalinate, diafilter, purify dyes, pigments and optical brighteners, to clean the wastewater and rinse water currents, for the concentration and dehydration of minerals such as kaolin clay, titanium dioxide and calcium carbonate, the clarification of caustic agents, the production of polymers or the recuperation of metals. Filtration improves production as well as reducing the operator’s workload and the maintenance costs. The membranes are also a standard part of the industrial production lines for enzymes, when concentrating enzymes prior to other processes. Filtration by membrane can be used to clarify unprocessed juice without using primary clarifiers, thus eliminating many ambient problems and improving the quality and the performance of other traditional methods. The membranes can also clarify, divide and concentrate various sugar solutions in the production process. Filtration by membrane is a valuable part of the production process, especially in the manufacture of dairy ingredients. Its applications can be divided into three categories: applications to milk, applications to whey and other applications such as clarified cheese brine.

Stringent government rules and regulations

The growing awareness among consumers is enabling water processing plants as well as government bodies to place more emphasis on limiting the concentrations and number of chemicals that are utilized during water treatment. Awareness of water scarcity has influenced the demand for water reuse in water stressed areas. Governments and municipal authorities are increasingly waking up to the effects of environmental degradation on the economy. The continuous rise in infrastructure and rapid industrialization has resulted in increased polluted water sources in the region. To tackle such issues, countries such as India and China are continuously implementing stringent regulations to protect the environment. Mandatory adherence of certain environmental standards by the national governments, especially in areas with water scarcity have influenced the demand for better water treatment technology including filter membrane technology.

Conversely, high cost of usage and timely replacement and expensive support services are anticipated to hamper the growth of the global Filter Membrane market during the forecast period.

Global Filter Membrane Market Segmentations & Regional Insights

Filter membrane market is segmented based on the type, technology, application, and region.

On the basis of the type, the global filter membrane market is segmented into polymeric membrane, ceramic membrane, and other membrane. Based on technology, the global market is classified into microfiltration, ultrafiltration, nanofiltration, and reverse osmosis. On the basis of application, waste water treatment, food & beverages, chemical processing, industrial gas processing, and pharmaceuticals and medical uses.

Regional Insights:

In the region, the global filter membrane market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific constituted over one-third market share within the filter membrane market. Increasing usage of filter membrane in water processing plants for purification and the dairy & food industries for pasteurization, sterilization, and concentration processes in this region create huge demand for membrane filtration technology. China dominated the Asia Pacific filter membrane market. The filter membrane market in this country is majorly driven by the increasing use of membrane filtration technology for water purification. The growing population in this country has led to a rising need for sustainable purification technologies to ensure the supply of safe drinking water. India is projected to be the fastest-growing membrane filtration market for food & beverages during the review period. The increase in demand for dairy products, government support for membrane filtration technology in water purification, the growth in the purchasing power of the middle-class group for quality products, and the rise in consumption of functional food are some of the key factors that are projected to drive the demand for filter membrane technology in this country. North America membrane market is likely to witness a modest CAGR of 7.3% over the forecast period. With 87.2% share, the U.S. held the largest Filter membrane market in North America. Europe is believed to be the most mature membrane market across the globe. The market in the region is anticipated to behold a CAGR of 6.4%. With 36.6% share, Germany and France held the largest membrane market in Europe.

Filter Membrane Market Report Scope:

Attribute

Details

The base year for estimation

2019

Forecast period

2019 – 2029

Market representation

Revenue in USD Million & CAGR from 2019– 2029

Market Segmentation

By Type- Polymeric Membrane, Ceramic Membrane, and Other Membrane

By Technology- Microfiltration, Ultrafiltration, Nanofiltration, and Reverse Osmosis

By Application- Waste Water Treatment, Food & Beverages, Chemical Processing, Industrial Gas Processing, and Pharmaceuticals and Medical Uses

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 filter membrane market report based on type, technology, application, and region.

Filter Membrane Market, By Type:

  • Polymeric Membrane
  • Ceramic Membrane
  • Other Membrane

Filter Membrane Market, By Technology:

  • Microfiltration
  • Ultrafiltration
  • Nanofiltration
  • Reverse Osmosis

Filter Membrane Market, By Application:

  • Waste Water Treatment
  • Food & Beverages
  • Chemical Processing
  • Industrial Gas Processing
  • Pharmaceuticals and Medical Uses

Filter Membrane 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 Filter Membrane Market Competitive Landscape & Key Players

The key players operating in the filter membrane market include DOW Chemical Company, Hyflux Ltd, LG Water Solutions, Toray Industries, Inc., GE Water & Process Technologies, Koch Membrane Systems, Inc, Veolia, SPX Flow, Inc, Prominent GmbH, and Pentair Plc. The leading players in the filter membrane market have also focused on partnership and acquisition as their key strategies to gain significant share in the global market. Investment in R&D is one of the planned measures to beat the competition. For instance, in November 2019, Hyosung Corporation opened and started operating in its new membrane filtration plant in Maharashtra, India.

Global Filter Membrane Market Company Profile

  • DOW Chemical Company
  • Hyflux Ltd
  • LG Water Solutions
  • Toray Industries, Inc.
  • GE Water & Process Technologies
  • Koch Membrane Systems, Inc
  • Veolia
  • SPX Flow, Inc
  • Prominent GmbH
  • Pentair Plc

FAQs

The global filter membrane market is segmented based on type, technology, application, and region.

Rising demand of treated water in various industrial applications coupled with increasing application of membranes in sewage and ground water treatment is likely to spark the growth of global Filter membrane market over the forecast period.

Asia-Pacific dominates the global Filter membrane market. The region is also anticipated to witness the highest CAGR. Asia-Pacific membrane market is sparked by increasing industrialization and rapidly expanding population in countries such as India and China.

The prominent players are constantly involved in the development of new or combination of product. Investment in R&D is one of the planned measures to beat the competition.