Global Polymeric Membrane Market (by Technology, End Sector, & Region): Insights and Forecast with Potential Impact of COVID-19 (2023-2028)

Global Polymeric Membrane Market (by Technology, End Sector, & Region): Insights and Forecast with Potential Impact of COVID-19 (2023-2028)

Market Insight:

A polymeric membrane can be described as a group of polymers that have improved and more efficient mechanical properties for membrane filtration. Polymeric membranes have excellent performance, efficiency, and separation properties. They are inexpensive, have high selectivity, and are simple to prepare and operate in a wide range of applications including beverage processing, feed water generation, chemical processing, and others.

Providing adequate clean water supplies for an ever-increasing population will almost certainly necessitate increased investment in water processing technology. Furthermore, the increasing presence of emerging pollutants in the aquatic environment is driving the market to develop novel water purification technologies. Furthermore, in water-stressed areas, water from seawater desalination plants is becoming increasingly important, which is expected to propel reverse osmosis technology in the polymeric membrane market forward. The global polymeric membrane market value is projected to reach US$7.75 billion in 2023, growing at a CAGR of 4.09% over the projected period.

Segment Covered:

• By Technology: In terms of technology, the report offers insights of the global polymeric membrane market into four segments: reverse osmosis, ultrafiltration, microfiltration and nanofiltration. The reverse osmosis polymeric membrane segment held the highest share in the market. Reverse osmosis is largely used for the desalination of seawater as it can separate dissolved solids, bacteria, viruses, and other selected dissolved substances. Considering the rising trend of reverse osmosis membrane use in alternative water source treatment, including desalination plants and wastewater recycling, the reverse osmosis membrane-based water and wastewater treatment processes are expected to have a great potential in the future.
• By End Sector: The report further provides the segmentation of the market on the basis of end sector: water treatment, wastewater treatment, medical polymeric membrane and industrial polymeric membrane. Water treatment held the maximum share in the market, followed by wastewater treatment. The survival of human life depends on the availability of freshwater for drinking. Owing to urbanization stemming from the rising global population, the demand for water purification system has increased over years. These water purifying systems largely use polymeric membrane to carry out the filtration process. Besides, the global commitment to reducing plastic consumption and increasing number of desalination projects to bring clean water to rural areas and emerging countries using affordable and safe filtration systems is expected to drive the demand for polymeric membrane during the forecasted years.

Geographic Coverage:

According to this report, the global polymeric membrane market can be divided into four regions namely Asia Pacific, North America, Europe and Rest of World. The countries covered in North America region are the US, Mexico, and Canada, while Europe includes UK, Germany, France and Rest of Europe. Moreover, China, Japan, India, South Korea and Rest of Asia Pacific are included in the Asia Pacific region.

Asia Pacific dominated the market, owing to the factors such as growing industrialization and expansion in agricultural and residential activities are generating massive amounts of wastewater to be produced. China accounted for the largest share in the Asia Pacific polymeric membrane market. China's demand for processed foods has been increasing at a rapid pace. The demand for protein, dairy, and meat products is skyrocketing; the supply is far outstripping the demand. The need for membrane for water treatment in the food processing industry is expected to increase as a result of the scenario. Furthermore, the North American region held a significant share in the polymeric membrane market, owing to the factors such as demand for low-pressure membrane technologies. Besides, rising awareness pertaining to increasing freshwater scarcity and wastewater treatment are some of the factors driving the North America polymeric membrane market.

Top Impacting Factors:

Growth Drivers

• Increasing Need for Water Purification System
• Growing Adoption in Pharmaceutical Industry
• Surging Demand From Food & Beverage Industry
• Stringent Wastewater Regulations

Challenges

• Need for Frequent Replacements of Barrier Films
• Maintaining Low Cost Of Production

Trends

• Proliferation Of Blood Transfusion and Apheresis Membrane
• Proton Exchange and Anion Exchange Membrane
• Water and Wastewater Treatment Digitalization
• Driver: Growing Adoption in Pharmaceutical Industry

In recent years, the pharmaceutical and biomedical industries have seen remarkable technological improvement. They play a crucial role in the business, whether it’s recovering valuable intermediates or substrates or lowering the concentration of effluent streams. In the pharmaceutical business, nano-filtration and pervaporation techniques are commonly employed to eliminate hazardous elements in the effluent stream. Dyes, colors, BOD/COD, endocrine disruptors, pharmaceutical residue, micro-plastic, and other contaminants are commonly removed using nano-filtration barrier films. The demand for polymeric membrane is predicted to rise as rules and regulations governing wastewater treatment and pre-treatment effluents become more stringent.

• Challenge: Need for Frequent Replacements of Barrier Films

Fouling is a big issue that has a negative impact on the company’s operations. Its efficiency and flow are reduced, resulting in higher energy consumption and deterioration of the water or stream quality. To remove contaminated membrane, the two options are chemical cleaning or replacement (both of which are expensive). Because of these expenses, applications and acceptance are restricted to specialized industries, limiting market growth.

• Trend: Proton Exchange and Anion Exchange Membrane

Proton exchange and anion exchange membrane are made up of polymer electrolytes. A series of anion exchange membrane (AEMs) consists of polyvinyl alcohol/branched polyethyleneimine (PVA/BPEI). Owing to the growth in the acceleration of green hydrogen production, the manufacturers are continually investing in the proton exchange and anion exchange membrane. These membrane are used in industries such as power, oil and gas, chemical, and others in the industrial application area. In the electricity industry, anion exchange membrane are utilised in fuel cells and electrolyzers. Also, they are utilized in membrane separations, fuel cells, and electrolyzers in the oil and gas industry. They are also employed in chlor-alkali cells in the chemical sector. Furthermore, during the forecast period, increased demand for electric vehicles is expected to boost the demand for proton exchange and anion exchange membrane ahead. Thus, with increased consumption of proton exchange and anion exchange membrane in various industries, the overall polymeric membrane market is anticipated to grow during forecasted years.

The COVID-19 Analysis:

The sudden outbreak of the COVID-19 pandemic has caused a significant strain on the growth of the global polymeric membrane market as a result of disruption in the supply and demand chain of raw materials for manufacturing such polymers. The lockdown shutdown almost all the major biopharmaceutical, food & beverage processing, water & wastewater treatment projects, and petrochemical processing activities across the world straining the productivity of the market.

Analysis of Key Players:

The global polymeric membrane market is consolidated with the presence of concentrated large players. The key players in the global polymeric membrane market are:

• Danaher Corporation (Pall Corporation)
• Toray Industries, Inc.
• Nitto Denko Corporation (Hydranautics)
• Parker Hannifin Corporation
• Evonik Industries AG
• Membrane Technology & Research (MTR)
• Arkema S.A
• Honeywell International Inc.
• Daikin Industries, Ltd
• Solvay S.A.
• LG Chem Ltd.
• Pentair plc
• Alsys Group

Globally there are only few manufacturers of hollow fibre membranes for third-parties and most of them focus on ‘standard’ membranes, such as those used in dialysis treatment. Several resin manufacturers, like DuPont, Saint Gobain and Solvay, as well as multinational MedTech companies, such as Asahi Kasei, Baxter and Fresenius Medical Care, also manufacture hollow fibre membranes but almost entirely for their own internal production, and do not sell them to third parties.