As of 2022 world population has been crossed over 8 Billion.
Population growth, urbanization, and pollution in emerging countries worldwide contribute to the market's expansion. Additionally, it is projected that the worldwide Reverse Osmosis (RO) membrane market will rise due to the scarcity of drinkable water. Furthermore, market growth is anticipated to be fueled by the increasing global demand for water. Desalination facilities are increasing due to the expanding need for water, propelling market expansion.
According to UNICEF, Half of the world’s population might be living in areas which can face water scarcity by as early as 2025. Moreover, around 700 million people could be moved to different location because of intense water scarcity by 2030.
Government rules and rising demand for clean water
. According to WHO, at least 140 million people in 50 countries are drinking water containing excessive levels of arsenic.
Rapid Industrial Expansion
The industrial expansion has transformed the social and economic structure of society. The modernization of social and economic lifestyles has led to the production of various goods on a large scale. The enhancement in the standard of living and the production of goods has resulted in expeditious water use in multiple industries. With depleting water resources and increasing water demand, it has become necessary to reuse and recycle water for public use. This necessity has led to the extensive use of membrane technologies in various industries, particularly for treating industrial water and wastewater. Hence, these factors can increase the demand for RO membranes.
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Market Segmentation
Market players
Alfa Laval AB, Dupont Water Solutions, Koch Separation Solutions Inc, Lenntech B.V., Merck & Co., Inc, Parker Hannifin Corporation, Suez Water Technologies & Solutions SA, Toray Industries, Inc., and Toyobo Co. Ltd. are some of the key players operating in the market.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, Volume in metric tons, and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, Volume Forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | Material Type Filter Module End-Use |
Regional scope | Europe, North America, Asia Pacific, Middle East & Africa |
Country scope | Germany; France; United Kingdom; Russia; Sweden; Denmark; Switzerland; United States; Canada; Mexico; China; India; Japan; Australia; South Korea; South Africa; UAE, Saudi Arabia ; Brazil , Argentina , Colombia |
Key companies profiled | Alfa Laval AB, Dupont Water Solutions, Koch Separation Solutions Inc, Lenntech B.V., Merck & Co., Inc, Parker Hannifin Corporation, Suez Water Technologies & Solutions SA, Toray Industries, Inc., and Toyobo Co. Ltd. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |