Global Membrane Separation Technology Market Analysis 2022

Global Membrane Separation Technology Market Analysis 2022

The Global Membrane Separation Technology Market is expected to reach $51.72 billion by 2028 growing at a CAGR of 10.2% from 2021 to 2028. Membrane separation technology is a most common techniques used to separate and purify a specific component from the rest of the mixture. It is a thin layer of substance with specific absorption functions used for concentrating, purification and isolation. This technique facilitates the re-use of wastewater by a number of industries and reduces the sewage footprint from freshwater resources. The filtering layer comprises of natural or inorganic raw materials. It does not need heat for the process to be performed, which is how it helps save energy.

Factors such as rising population leading to the depletion of water resources, growth in the biopharmaceutical industry and the contamination of ground and surface water bodies are driving the growth of the market. However, high costs related to adoption of membrane filters are restraining the growth of the market.

Based on technology, the reverse osmosis (RO) segment is going to have a lucrative growth during the forecast period which can be attributed to the membranes used for the Reverse Osmosis (RO) separation technologies are usually characterized by a pore of less than one nm and are used for the production of ultrapure water, landfill leachates treatment, and seawater desalination. The reverse osmosis process exhibits a noticeably higher recovery rate than the traditional thermal desalination processes such as Multistage Flash Distillation (MSF) and Multiple Effect Distillation (MED). Therefore, reverse osmosis technology is rapidly replacing the thermal desalination process in saltwater desalination plants across the world.

The key vendors mentioned are Asahi Kasei Corporation, Axeon Water Technologies, Corning Inc, GE Water & Process Technologies, GEA Filtration, Hyflux Ltd, Inge GmbH, Koch Membranes Systems Inc, Merck Millipore, Nitto Denko Corporation (Hydranautics), Pall Corporation, Pentair PLC, The 3M Company, The DOW Chemical Company, Toray Industries Inc.

Materials Covered:

• Polymeric Membranes
• Non-Polymeric Membranes

Technology’s Covered:

• Ultra Filtration (UF)
• Reverse Osmosis (RO)
• Nano Filtration (NF)
• Micro Filtration (MF)

Applications Covered:

• Water & Wastewater Treatment
• Medical & Pharmaceutical
• Industry Processing
• Industrial Gas Processing
• Food & Beverage

Regions Covered:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Questions Answered in this Report:

• How this market evolved since the year 2020
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period