Membrane Separation Technology Market 2022-2028: Shifting Preference for Mechanical and Physical Water Treatment Over Chemical Methods Bolsters Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 20, 2022--
The “Membrane Separation Technology Market 2022-2028” report has been added to ResearchAndMarkets.com’s offering.
The global membrane separation technology market is anticipated to grow at a substantial CAGR of 7.0% during the forecast period. The global membrane separation technology is expected to grow during the forecast period due to shifting trend from chemical-based treatments to efficient water treatment techniques such as mechanical and physical processes tend to contribute majorly to the growth of the global membrane separation technology industry.
However, the requirement of high capital is one of the major constraints in the growth of the global membrane separation technology market. Besides these restraints, the technology is yet to explore its full potential. Membrane separation is a process used for purifying and separating components from a mixture. It is extensively used in commercial and industrial processes.
The global membrane separation technology market is segmented based on technology and application.
Based on technology, the market is segmented into reverse osmosis, ultrafiltration, nanofiltration, microfiltration, and others.
Based on the application, the market is segmented into water and wastewater treatment, food and beverages, healthcare, and industrial. The above-mentioned segments can be customized as per the requirements. Among these, the microfiltration segment is expected to be the fastest growing during the forecast period due to increase in demand for microfiltration membrane for concentration of food and beverages.
For instance, in September 2019, De.mem’s developed microfiltration membrane (MF) which is designed for food and beverage applications. It is a hollow fiber membrane with a relatively large pore size and increased flux, allowing a greater throughput of liquids.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia-Pacific region is expected to hold a prominent share in the global membrane separation technology as the key players is developing new products. For instance, In December 2019, Toray Industries created a seawater desalination reverse osmosis membrane. This membrane can produce 70.0% cleaner water than other conventional offerings. This technology helps in the reduction of water production cost and aims to fulfill global demand of clean water.
The Report Covers
- Comprehensive research methodology of the global Membrane Separation Technology market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global Membrane Separation Technology market.
- Insights about market determinants that are stimulating the global Membrane Separation Technology market.
- Detailed and extensive market segments with the regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Key Topics Covered:
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Segmentation
4.1. Global Membrane Separation Technology Market by Process
4.1.1. Reverse Osmosis
4.1.3. Nano Filtration
4.2. Global Membrane Separation Technology Market by Application
4.2.1. Water and Wastewater Treatment
4.2.2. Food & Beverages
5. Regional Analysis
5.1. North America
5.1.1. United States
5.2.6. Rest of Europe
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
- 3M Co.
- AXEON Water Technologies
- Black & Veatch Holding Co
- Evoqua Water Technologies LLC
- GEA Group AG
- Integrated Flow Solutions
- Koch Separation Solutions
- LANXESS AG
- Lenntech B.V.
- Markel Corp
- Merck KGaA,
- MANN+HUMMEL Water & Fluid Solutions.
- PARKER HANNIFIN CORP
- XYLEM, INC.
For more information about this report visit https://www.researchandmarkets.com/r/5gff6c
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INDUSTRY KEYWORD: UTILITIES ENERGY
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/20/2022 04:07 PM/DISC: 12/20/2022 04:07 PM