China RO Membrane Biocide Market Research Report Forecast to 2030
Market OverviewThe China RO membrane biocide market is projected to register healthy growth during the forecast period, 2022–2030. The market was valued at USD 183.68 million in 2021 and is projected to register a CAGR of 10.05% to reach USD 410.98 million by the end of 2030. By volume China membrane biocide market was valued at 91.87 kilo tons in 2021 and is projected to register a CAGR of 8.33% to reach USD 180.03 kilo tons by the end of 2030.
Drinking water systems, industrial boilers, food and beverage processing, pharmaceuticals, waste-water treatment, desalination, and microelectronics are just some of the many uses for highly purified water that are driving the China demand for RO membrane chemicals. Furthermore, the expansion of desalination facilities to fulfil rising water demand is also a major driver for the expansion of the China RO membrane biocide market.
The China RO Membrane Biocide market is prominently influenced by many market-driven factors. For instance, RO membrane biocide is finding wide application in the food & beverage industry as pure water is consistently needed in this industry and any microorganism growth during any process involving water. Moreover, sewage treatment plants are on the rise, with over 70% of the country’s municipal water treatment plants being in Shanghai, Beijing, Guangzhou, and Shenzhen making them vital consumers of RO membrane biocide in the desalination sector.
Market SegmentationFurthermore, according to MRFR analysis, the RO membrane biocide market has been segmented based on end-use industry into agriculture, food & beverage, semiconductor, seawater, sewage, and others. China’s food & beverage industry is poised to grow at a healthy CAGR of 10.92% between 2022-2030.
Out of the cities considered in China, the Rest of China accounted for the largest market share of 49.95% in 2021, with a market value of USD 91.75 million; it is expected to register a CAGR of 10.01% during the forecast period. It is followed by Shanghai, which accounted for the second largest market share in 2021, valued at USD 39.26 million; it is projected to register the highest CAGR of 10.26%. The dominance of Shanghai, Beijing, Guangzhou, and Shenzhen is mainly attributed to the most aggressive growth in the end-user industries such as food processing, desalination, and sewage treatment which are poised to grow at a healthy CAGR during the forecast period.
Major PlayersQingdao Thor Industrial Co., Ltd. (Kemi Industrial CO., LTD.), Ecolab, LANXESS, Weihai Xiangyu Technology Co., Ltd., Shandong IRO Biocide Chemicals Co., Ltd. (IRO GROUP INC.), Shanghai BioTio Co., Ltd (BioTio Corp), Changzhou Koye Chemical Co., Ltd., and Genesys.
COVID 19 ImpactsWe are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Companies MentionedQingdao Thor Industrial Co.
Ltd. (Kemi Industrial CO.
LTD.)
Ecolab
LANXESS
Weihai Xiangyu Technology Co.
Ltd.
Shandong IRO Biocide Chemicals Co.
Ltd. (IRO GROUP INC.)
Shanghai BioTio Co.
Ltd (BioTio Corp)
Changzhou Koye Chemical Co.
Ltd.
and Genesys
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