Membranes Market to Grow at 9.0% CAGR to 2024

According to Market Study Report, Membranes Market provides a comprehensive analysis of the Membranes Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Membranes Market.

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The Membranes Market size is projected to grow from US$ 5.4 Billion in 2019 to US$ 8.3 Billion by 2024, at a CAGR of 9.0% during the forecast period. This report spread across 140 Pages, Profiling 10 Companies and Supported with Tables and figures is now available in this research.

Major Vendors profiled in the Membranes Market:
o DuPont (US)
o Toray (Japan)
o Hydranautics (US)
o Koch Separation Solutions (US)
o Pentair (UK)

The polymeric material segment accounts for the largest market share, in terms of value, in the membranes market. This segment includes natural and synthetic polymers. The synthetic polymeric membranes are mainly used in water treatment, desalination, and wastewater treatment applications.

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The NF technology segment is projected to register the highest CAGR between 2019 and 2024. The ability of NF membranes to permeate monovalent ions, while rejecting divalent and multivalent ions has a significant impact growth of NF technology. The flexibility provided by NF segments for ion separation and permeation offers substantial advantages in industrial applications. Also, the use of these membranes for water treatment provides lower discharge volumes than RO, reduces heavy metal, salt, and nitrate contents.

Competitive Landscape of Membranes Market:
1 Overview
2 Market Ranking of Key Players
3 Competitive Situations & Trends
3.1 Expansions
3.2 Joint Ventures, Partnerships, and Mergers & Acquisitions
3.3 New Product Launches
4 Competitive Leadership Mapping (MQ)

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Research Coverage:
The objective of this study is to define, describe, and forecast the membranes market based on various segmentations and strategically analyze these market segments concerning individual growth trends, growth prospects, and contribution to the overall growth. In this report, the membranes market has been segmented based on material, technology, application, and region.

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