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PVDF Membrane Market | Key players operating in the market include Arkema, Merck Millipore, Cytiva, CITIC Envirotech, Pall

08-19-2021 11:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

PVDF Membrane Market, PVDF Membrane

PVDF Membrane Market, PVDF Membrane

According to recent market research "PVDF Membrane Market by Type (Hydrophilic, and Hydrophobic), Technology (Ultrafiltration, Microfiltration, Nanofiltration), Application (General Filtration, Sample Preparation, Bead-based Assays), End-Use Industry, and Region - Global Forecast to 2025", The global PVDF membrane market size is estimated at USD 629 million in 2020 and is projected to reach USD 925 million by 2025, at a CAGR of 8.0% .

Browse 117 market data Tables and 39 Figures spread through 172 Pages and in-depth TOC on "PVDF Membrane Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/pvdf-membrane-market-256016842.html

The demand for PVDF membrane in emerging economies, such as APAC, MEA, and South America, is increasing owing to the growth in the oil & gas, water treatment, and chemical industry. The issues related to life span and efficiency of PVDF membrane is challenging the market. The demand for PVDF membrane is rising, owing to the good physical properties and stringent regulations for emission and industrial waste treatment. Furthermore, the increasing demand for treated water in emerging provide growth opportunities to the market. On the other hand, the high production cost of PVDF membrane is restraining the growth of the market.

PVDF membrane is a high-performance thermoplastic with good chemical resistance, high heat resistance, low coefficient of friction, and good fatigue resistance. It is inherently hydrophilic in nature. The hydrophilic type is the most-widely used PVDF membrane owing to its various physical properties, such as high porosity, chemical & abrasion resistance, particle retention, convenience in handling, high filtration efficiency, and high flow rates. Due to these properties, hydrophilic PVDF finds extensive use in filtration applications involving exposure to aqueous solutions and gasses. It is extensively used in gas and aqueous solution filtration applications in food & beverage, chemical & petrochemical, biopharmaceutical, processing, and other industries.

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The global PVDF membrane market size is estimated at USD 629 million in 2020 and is projected to reach USD 925 million by 2025, at a CAGR of 8.0%. The demand for PVDF membrane is increasing, owing to increased demand for PVDF membrane from biopharmaceutical industries, and stringent regulations pertaining to emission and treatment of municipal and industrial wastes.

The growing use of PVDF membrane in microfiltration, venting applications and medical accessories and also increasing demand for treated water in emerging economies are expected to create opportunities for manufacturers during the forecast period. The key players in the PVDF membrane market include Arkema (France), Merck Millipore (US), Koch Separation Solutions (US), Cytiva (US), CITIC Envirotech (Singapore), Pall (US), Bio-Rad Laboratories (US), Thermo Fisher Scientific (US), Membrane Solutions (US), and GVS (Italy). The PVDF membrane market report analyzes the key growth strategies, such as investment & expansion, and merger & acquisition adopted by the leading market players between 2017 and 2020.

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Merck Millipore (US) is one of the leading players in PVDF membrane market. In July 2020, the company majorly focuses on investment & expansion strategy. The company announced an investment of USD 21.23 million to build a laboratory facility in Buchs, Switzerland, to support its rapidly growing material business. This will help to continue to drive innovation and expand the R&D of analytical standards. With this expansion, the company is gearing up to become a world-scale manufacturer of PVDF membrane, which is used in major end-use industries, such as biopharmaceutical, and industrial filtration.

Koch Separation Solutions (US) one of the largest manufacturers of construction products globally. The company is among the key players in the PVDF membrane market. The company believes in sustainability for creating value. Its strategy is focused on mergers and acquisitions, and expansions to expand its global reach and strengthen its competitiveness in the global PVDF membranes market. For instance, in 2020, The company announced the expansion of its manufacturing capacity of its PURON reinforced hollow fiber membrane technology by 50.0%. This expansion will help the company in significant growth and increase ability to serve businesses that utilize these technologies for wastewater treatment needs. Furthermore, Koch Membrane System acquired Eco-Tec (Canada) and rebranded to Koch Separation Solutions. This acquisition will help the company to expand its capabilities and acquire new separation technologies in November 2019.

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