Global Membrane Filtration Market is predicted to thrive during the forecast period 2024- 2028. Due to increasing environmental restrictions on the discharge of untreated wastewater, the global market for membrane separation technology is anticipated to expand at a high rate during the forecast period. Moreover, growing usage of membrane separation technology in the dairy processing and beverage industries is anticipated to boost market expansion over the forecast period.
Due to increasing environmental restrictions on the discharge of untreated wastewater, the global market for membrane separation technology is anticipated to expand at a high rate during the forecast period. Moreover, growing usage of membrane separation technology in the dairy processing and
A rapidly growing aspect in water treatment is membrane filtration. There are numerous types of filters that come in a variety of particle diameters and arrangements. The removal of relatively big particle material to the removal of dissolved chemicals are only a few of the many potential uses for membrane filtering.
The market is anticipated to be driven by the growing implementation of membrane separation technology across numerous end-use industries to limit the emission of hazardous effluents. Additionally, a number of government initiatives and several other relevant organizations, including the National Science Foundation (NSF), Energy & Environmental Affairs (EEA), American Society for Testing & Materials (ASTM), European Environment Agency (EEA), and Environmental Protection Agency (EPA), are anticipated to have a positive effect on the market's expansion.
Rising Demand for Water Treatment is Fuelling the Market Growth
Over the last decade, the demand for water treatment techniques has increased sharply. The lack of good drinking water is one of the main causes of the increase in demand. The use of water treatment procedures has been driven by the acceleration of water resource depletion brought on by increasing population and contamination of ground and surface water bodies. Due to capacity constraints & financial constraints, and the inability to execute high-intensity water filtration, municipal corporations do not expose the water they supply to households to extensive treatment procedures, due to which the use of the membrane filtration has grown. This trend is prevalent in developing areas like Central & South America and Asia Pacific.
Moreover, environmental issues and strict regulatory framework are predicted to have a major impact on how the industry grows soon. The water filtration business is expected to benefit from government rules and policies that control water treatment for home and industrial wastewater, which will increase demand for membrane separation technology. Industry participants have been compelled by such rules and regulations to make significant investments in water treatment technologies.
Growing Preference for Reverse Osmosis In Desalination Application is Driving the Market Growth
Due to changed rainfall patterns and overuse of groundwater and surface water resources, the world is currently experiencing water scarcity on a scale never seen before. Desalination of seawater has become a practical solution to reduce the gap between water supply and demand, particularly for meeting home and municipal needs. Saudi Arabia, the UAE, and Bahrain are among the Gulf Cooperation Council (GCC) nations that rely heavily on seawater desalination to meet their daily water needs. The GWI Desal statistics showed that there were 18,426 desalination operations spread over 150 different nations. According to reports, these facilities produce 87 million cubic meters of clean water daily, providing water to over 300 million people.
Market's growth Will be Accelerated by Low Energy Costs and Rising Demand for Filtration
Low energy costs and an increase in the demand for industrial filtering for better processing are driving the membrane filtration industry. It works effectively with a variety of gases, including air, and is an efficient method for cryopreserving material that is sensitive to heat. It acts as a fence and removes dangerous microorganisms from the liquid or gas, rather than eradicating them. Membrane filtration is often used in large-scale industrial applications. It is primarily used to separate minute particles from solutions. This method differs from others in specific aspects, including its resistance to bacterial attacks, severe chemical conditions, and increasing temperature.
The procedures have the potential to contaminate the membrane and reduce penetration flow. Membrane filters require expensive production and maintenance. Because of the high flow rates employed, membrane filters require periodic maintenance, which could destroy the shear-sensitive material. Large pore membranes can cause problems and function badly if the production process is not well managed.
Increasing Dairy Applications Will Fuel the Market's Expansion for Membrane Filters
Whey protein powder with a protein concentration of 35% to 85% can be produced with the aid of ultrafiltration separation. The manufacturing of fresh cheese, protein standardization of cheese milk, lactose reduction in milk, and decalcification of permeates and powders are just a few of the many dairy applications for ultrafiltration. Dairy producers have taken an interest in UF, which is expected to drive the expansion of the membrane filtering market in the near future.
Technological Advancement
The market for membrane filtration is anticipated to benefit in the next years from technological developments, such as in ceramic membranes, that could boost manufacturing efficiency. Consumer demand for ceramic membrane filtering technologies may increase over the future years as it has
Recent Advancements
- As of Dec. 2019,
in order to increase production of ultrafiltration membrane manufacturing
facility in Oroszlány, Hungary, Suez Water Technologies & Solutions invested
over €30 million. This manufacturing facility is one of
the biggest in the world for hollow-fiber ultrafiltration membranes.
- As of May 2023, The
water treatment systems and services provider Evoqua Water Technologies Corp.
has entered into a formal agreement to be acquired by Xylem Inc. in an
all-stock deal valued at USD7.5 billion. With cutting-edge water and
wastewater treatment capabilities, a vast service network, and access to a
number of alluring industrial areas like Life Sciences, Microelectronics, Electricity,
and Food and Beverage, Evoqua enhances Xylem's portfolio of solutions.
- As of Jan-2023, USD 7
million Series B fundraising round headed by PureTerra Ventures and including
participation from Safar Partners, GiantLeap Capital, Freeflow, and current
investors has been announced by Membrion, a developer of ceramic desalination
membranes.
- As of Jan 2022, Blake
Group Holdings Inc, a groundwater distribution firm situated in Connecticut,
USA, has been purchased by Franklin Electric Co Inc's Headwater Companies LLC
for USD27.1 million.
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Market Segmentation
Company Profiles
Merck KGgA, Toray Industries, Inc, Pentair plc, Hydranautics, AXEON Water Technologies, GEA Group Aktiengesellschaft, Hyflux Ltd., 3M Company, Suez SA, Pall Corporation are among the major players that are driving the growth of the global Membrane Filtration Market
Attribute
|
Details
|
Base
Year
|
2022
|
Historical
Years
|
2018 –
2021
|
Estimated
Year
|
2023
|
Forecast
Period
|
2024 – 2028
|
Quantitative
Units
|
Revenue
in USD Billion and CAGR for 2018-2022 and 2023E-2028F
|
Report
Coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments
Covered
|
By
Type
By
Module Design
By
Membrane Material
By
End-Use
By
Application
By Region
|
Regional
Scope
|
North
America, Asia-Pacific, Europe, Middle East & Africa and South America
|
Country
Scope
|
United
States, Canada, Mexico, China, Japan, India, Australia, South Korea, United
Kingdom, Germany, France, Spain, Italy, Israel, Turkey, Saudi Arabia, UAE, South
Africa, Brazil, Argentina, Colombia
|
Key
Companies Profiled
|
Merck KGgA, Toray
Industries, Inc, Pentair plc, Hydranautics, AXEON Water Technologies, GEA
Group Aktiengesellschaft, Hyflux Ltd., 3M Company, Suez SA, Pall Corporation
|
Customization
Scope
|
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
Pricing
and Purchase Options
|
Avail of 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/pdf format
on special request)
|