Membrane separation is an advanced technology that is used to separate the component from the mixture and is widely used across industrial and commercial sectors. It has excellent properties such as durability, porosity, stability, permeability, and selectivity. It is also used across wastewater treatment plant for cleaning and filtering the water and make it drinkable on a large scale. Some of the membrane separation technologies are reverse osmosis (RO), microfiltration (MF), ultrafiltration (UF), and nanofiltration (NF). Some of the major end-user of the membrane separation market are food & beverages, medical & pharmaceutical, water & waste treatment, and industrial processing.
The global membrane separation market is projected to surpass US$16.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.9% during the forecast period(2020 to 2027).
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The global membrane separation market has witnessed significant growth in recent past years, owing to the rising depletion of water resources and increasing contamination of surface water bodies and ground in developing region. Furthermore, growing investments for Research & Development in membrane separation production technology have led to the introduction of products with enhanced flow rates and better durability. This scenario is expected to provide lucrative growth to the global membrane separation market over the forecast period.
Major players in the global membrane separation market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use application such as municipality, mining, wastewater treatment. This scenario is expected to fuel the market during the forecast period.
Global Membrane Separation Market, By Technology:
Global Membrane Separation Market, By Application:
Water & Wastewater
Key companies covered as a part of this study Sartorius AG, 3M Company, Koch Membrane Systems Inc., TriSep Corporation, The Dow Chemical Company, GE Water & Process Technologies, IDE Technologies, Evoqua Water Technologies LLC, Pentair X-Flow, Pall Corporation, Polypore International, Inc., Asahi Kasei Corporation, Hyflux, and Kubota
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