Chemical and Materials

Global Membrane Filtration Market will grow at CAGR of 6.3 % to hit $19.78 Billion by 2026

Global Membrane Filtration Market  By Membrane Material (Polymeric, Ceramic), Module Design (Spiral Wound, Tubular Systems, Plate & Frame, Hollow Fiber), Type (Reverse Osmosis, Ultrafiltration, Microfiltration, Nanofiltration), Application (Water & Wastewater, Food & Beverages)

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Market Analysis: Global Membrane Filtration Market 

The global membrane filtration market is expected to reach USD 19.78 billion by 2025, from USD 11.82 billion in 2017 growing at a CAGR of 6.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition: Global Membrane Filtration Market 

Membrane Filtration is a thin layer of semi permeable sheet material that separates impurities from the water. Membrane process is highly employed in water treatment and drinking water for the removal of bacteria, particulates, and microorganisms and other. Growing pharmaceutical industry is driving the membrane filtration market. Membrane filtration has wide application in food and beverages, water treatment, drinks and concentrates. According to Statista, the pharmaceutical sector will grow by 160% between 2017 and 2030 and by 232% in India which will be known to be the biggest growth. As per the Food drink Europe, in 2016, the EU food and drink export increased by €102 billion, it was increased by 4% from 2015. Thus above factor proves that the pharmaceutical and food & beverages industry is growing and will derive the demand of membrane filtration.

Market drivers:

  • High growth in dairy industry
  • Strict regulations for water safety and filtration
  • Developing technologies in the membrane filtration field

Market restraint:

  • Setup cost is high
  • Availability of Raw material supplier.

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Market Segmentation: Global Membrane Filtration Market 

By Membrane Materia

  • Polymeric
  • Ceramic

By Module Design

  • Spiral Wound
  • Tubular Systems
  • Plate & Frame and Hollow Fiber

By Type

  • Reverse Osmosis
  • Ultrafiltration
  • Microfiltration
  • Nano filtration

By Application

  • Water & Wastewater
  • Food & Beverages
    • Standardization
    • Concentration
    • Clarification / Separation
    • Fractionation
    • Dairy Products
    • Drinks & Concentrates
    • Wines & Beers
    • Other

Competitive Landscape: Global Membrane Filtration Market 

The global membrane filtration market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Membrane Filtration market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

In, February, 2010, Dow chemical invested in clean filtration technology, Inc. because the company has hydroclone system which has patented water filtration device designed to reduce the total suspended solids from water.

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