Global Water Treatment Membrane Market Overview
Water treatment technology deals with the removal of impurities present in water during its use or storage and convert it into usable form. Global water treatment industry is predicted to witness significant growth within the coming years, due to the increase in awareness about water scarcity, growth in innovations in water treatment technologies, R&D and investments by key market players.
Water resources are depleting vigorously, which reciprocally provides wide scope for the water treatment membrane market to flourish. Stringent government regulations over industrial and municipal waste water disposal drive growth of the water treatment membrane market recycle and reuse procedures. Although, water is the prime necessity, the value of water also matters which ultimately gives rise to demand for cost-effective water treatment technologies. However, the growing population features a huge impact on this market. Rise in population and urbanization leads to generation of massive amount of waste water, which needs to be recycled. Hence, the water treatment technology can convert maximum amount of this waste water into usable form, thus influencing the market growth.
Global Water Treatment Membrane Market Drivers & Restraints
Rising demand for recycle and reuse water technologies
The market is growing at a rapid rate due to depleting water resources and rising waste water generation. The waste water generated are often recycled and reused for various purposes. Rise in awareness of reuse of water leads to the introduction of highly efficient technologies to utilize the available waste water. Furthermore, the present capacity of obtainable water recycling units is less than the quantity of waste water generated, thus providing ample of opportunity for this market.
R&D activities in water treatment technology sector
R&D in water treatment technology is currently on an increase. By Increasing R&D activities has resulted the introduction of various new technologies in this market. For instance, in October 2020, Toshiba launched an innovative IoT solution for water treatment sites.This solution fills an important technology gap for many overburdened water and wastewater treatment facilities—helping them make the leap into IoT technology very quickly with relatively low cost and easy implementation. This successively increases the efficiency of water treatment technology, delivering more quality products within the market.
Major restrains for water treatment membrane market include high cost of kit and lack of experience during this sector. However, these restrains are expected to scale back with the technological advancements and vigorous R&D within thissector. Nevertheless,developing highly efficient and low-cost water treatment technologies can create lucrative growth opportunities for the target market.
Global Water Treatment Membrane Market Segmentations & Regional Insights
The water treatment membrane market segmented based on technology, end-user industry, and region.
Based on technology, the water treatment membrane market segmented into microfiltration, ultrafiltration, nanofiltration, and reverse osmosis. Based on end-user industry, the target market is segmented into municipal, pulp & paper, chemicals, food & beverage, healthcare, power, and others.
Regional Insights:
On region, the water treatment membranemarket is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe accounted for the highest share of global water treatment membrane market. Among the European countries, Germany was the largest market for water treatment membrane in the region. In Germany, the increasing water treatment activities, primarily within the northern region of the country, are boosting the demand for water treatment membrane. Environmental protection and human health are considered extremely important in Germany. This importance has led to efficient water treatment methods.
Water Treatment Membrane Market Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
Market Segmentation |
By Technology- Microfiltration, Ultrafiltration, Nanofiltration, and Reverse Osmosis By End-user– Municipal, Pulp & Paper, Chemicals, Food & Beverage, Healthcare, Power, and 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 2020 to 2030. For the purpose of this study, has segmented the global water treatment membrane market report based on technology, end-user industry and region.
Water treatment 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
- Middle East & Africa
Global Water Treatment Membrane Market Competitive Landscape & Key Players
The key players operating in the water treatment membrane market includes DowDuPont, Suez Water Technologies and Solutions, Alfa Laval AB, Pall Corporation, GEA Group AG, 3M Company, Veolia, Koch Membrane Systems Inc, SPX Flow, Inc., Pentair Plc, Prominent GmbH, and Porvair Filtration Group. Several strategic initiatives including portfolio expansions through novel product launches have been adopted by key players to maintain their presence in the market for water treatment membrane. For Instances, In April 2020, Genesys, launched the Genmine range following three and a half years of exhaustive research and product development. The range includes antiscalants and cleaners designed to tackle issues specific to the treatment of minewater. There is also a software package to help plant operator’s work out which antiscalant to use and gauge the appropriate dosage level and frequency.
Global Water Treatment Membrane Market Company Profile
- DowDuPont
- Suez Water Technologies and Solutions
- Alfa Laval AB
- GEA Group AG
- 3M Company
- Pall Corporation
- Koch Membrane Systems Inc
- Veolia
- Prominent GmbH
- SPX Flow
- Pentair Plc.
- Porvair Filtration Group
FAQs
Water treatment membrane market is segmented based on technology, end-user industry and region.
Rising demand for recycle and reuse water technologies and R&D activities in water treatment technology sector boost the market growth.
Europe accounted for the highest share of global water treatment membrane market. Among the European countries, Germany was the largest market for water treatment membrane in the region. In Germany, the increasing water treatment activities, primarily within the northern region of the country, are boosting the demand for water treatment membrane due to priority of health.
Several strategic initiatives including portfolio expansions through novel product launches have been adopted by key players to maintain their presence in the market for water treatment membrane. For Instances, In April 2020, Genesys, launched the Genmine range following three and a half years of exhaustive research and product development.