Triton’s research report predicts that the North American membranes market is set to attain growth at a CAGR of 7.08% over the 2024-2032 forecast period. The United States and Canada are examined in this report.
The municipalities in the United States employ membrane systems in order to provide affordable and safe water supplies. The American Membrane Technology Association (AMTA) works to increase the adoption of membrane technology to meet the growing water demand in the country. Thus, the need for treatment of wastewater originating from municipal, industrial, and agricultural sectors widens the scope of the membranes market.
Canada is also witnessing steady growth in the membranes market. The country’s commitment to providing sustainable water treatment paves the way for research and advancement in membrane technologies. Programs like the Water Innovation Fund are organized by the Natural Sciences and Engineering Council of Canada to research and innovate water management approaches, including the use of membranes. These initiatives lead to the progress of the studied market.
COMPETITIVE OUTLOOK
The key companies listed in the membranes market are Toray Industries Inc, Dupont De Nemours Inc, 3M Company, Corning Incorporated, Asahi Kasei Corporation, Suez SA, and Mann+Hummel.
1. North America Membranes Market - Summary
2. Market Outlook
2.1. Parent Market Analysis
2.2. Impact Analysis On The Membranes Market
2.2.1. Covid-19 Impact On The Membranes Market
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Regulatory Framework
2.5. Key Buying Impact Analysis
2.5.1. Purpose
2.5.2. Type
2.5.3. Material
2.5.4. Cost
2.6. Key Market Strategies
2.6.1. Collaborations
2.6.2. Product Launches
2.6.3. Acquisitions
2.7. Market Drivers
2.7.1. Rising Concern Over Water Treatment
2.7.2. Growing Scarcity Of Freshwater
2.7.3. Increasing Water Pollution
2.8. Market Challenges
2.8.1. Huge Capital Costs
2.8.2. Aspects Concerning The Lifespan And Efficacy Of Membranes
2.9. Market Opportunities
2.9.1. Growing Demand For Sustainable Water
2.9.2. Development Of The Food And Beverage Sector
2.9.3. Technological And Material Advancements In Membranes
2.10. Analyst Perspective
2.10.1. Transformative Innovations In Membrane Materials
2.10.2. Need For Water And Wastewater Purification
2.10.3. Growing Industrial Applications
3. North America Membranes Market – By Technology
3.1. Reverse Osmosis (Ro)
3.2. Ultrafiltration (Uf)
3.3. Microfiltration (Mf)
3.4. Nanofiltration (Nf)
3.5. Other Technologies
4. North America Membranes Market – By Material
4.1. Ceramic
4.2. Polymeric
4.3. Other Materials
5. North America Membranes Market – By End-user
5.1. Utilities
5.2. Industrial
5.3. Commercial
5.4. Residential
5.5. Other End-users
6. North America Membranes Market – By Country Outlook
6.1. North America
6.1.1. Country Analysis
6.1.1.1. United States
6.1.1.1.1. United States Membranes Market Forecast & Prospects