Press release
Membrane Microfiltration Market Value to hit $12.85 billion by 2022 | EMD Millipore Corporation, Koch Membrane Systems Inc
Membrane Microfiltration Market
According to the research report published by Allied Market Research, the global Membrane Microfiltration market is expected to register a CAGR of 9.6% from 2014 to 2022. The research includes changing market dynamics, top impacting factors, key investment pockets, value chain, and competitive scenario. Through tabular and graphical representation, the report offers key insights on different aspects of the market such as current market size and estimations, region-wise analysis, and opportunities. Porter’s Five Forces analysis has been mentioned in the report to outline competitive intensity. The report is a helpful source of information to unlock potential from emerging countries and expand businesses to gain international presence.
The cross-flow segment accounted for more than half of the market share of the global market in 2015, owing to the varied use of this filtration technique in several industries such as water & waste water treatment, pharmaceuticals & biopharmaceutical, food & beverage, hospitals & laboratories, and others. The water & waste water treatment segment accounted for more than one-third share of the global market in 2015, owing to the increase in the desalination and water recycling in the developing countries.
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By geography, Asia-Pacific dominated the global market with more than one-third share in 2015, owing to the rise in water & waste water treatment plants in the region, increase in food processing industry in the region, and growth in the manufacturing and R&D facilities of different pharmaceutical and biopharmaceutical companies in the region. In addition, there is a significant increase in the well-equipped laboratories for diagnostic purposes to meet the needs of the patients, which is expected to increase the demand for microfilters.
The major companies profiled Are:
• EMD Millipore Corporation
• Koch Membrane Systems Inc.
• GE Water & Process Technologies
• 3M Purification Solutions
• Alfa Laval AB.
• Hyflux Ltd
• Kubota Corp. Pentair plc
• Danaher Corp. (Pall Corp.)
• Sartorius Stedim Biotech S.A.
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Key Findings of Membrane Microfiltration Market
• In 2015, the cross-flow filtration mode segment accounted for half of the share of the global market.
• The organic material segment contributed the highest revenue to the global market in 2015.
• The water and waste water treatment segment is projected to grow at the fastest CAGR of 10.4% during the forecast period.
• Asia-Pacific market is projected to grow at a CAGR of 10.0% from 2016 to 2022.
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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