openPR Logo
Press release

Membranes Market Growth, Share Report, Size, Regional Analysis and Global Forecast to 2028

Membranes Market Growth, Share Report, Size, Regional Analysis

The global membranes market is anticipated to be affected by their increasing usage in pharmaceutical and biomedical industry. They help in lowering the concentration of effluent stream, as well as in recovering significant substrate or intermediate. This information is given by Fortune Business Insights™ in a recently published report, titled, "Membranes Market Size, Share & Industry Analysis, By Technology (RO/FO, UF, NF, MF, and Others), By Applications (Water & wastewater treatment, Food & beverage, Gas separation and Others) and Regional Forecast, 2021-2028." The report further mentions that the membranes market size was USD 6.77 Billion in 2020 and is projected to reach USD 10.73 Billion by 2028, thereby exhibiting a CAGR of 6.3% during the forecast period.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Get a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/membranes-market-102982

Highlights of the Report:

In-depth information about the challenges, opportunities, and market trends.
Elaborate details regarding the growth drivers and obstacles that the market may come across during the forthcoming years.
List of the crucial factors impacting the market in every region.
Extensive analysis of the latest bets for the market.
Drivers & Restraints-

Rising Environmental Concerns to Accelerate Growth

Rapid industrialization and urbanization, especially in the developing countries is resulting in water pollution. Therefore, the strain on water resources is surging. The governments and regulatory bodies of several countries are implementing stringent norms and laws regarding industry discharge to control water pollution. The increasing environmental concerns have thus, compelled large portion of the industries to adopt membrane-based technology for curbing the level and severity of pollutants in their discharge streams. They are presently trying to comply with the regulations. Membranes play a vital role in providing zero liquid discharge (ZLD). It is helping the industries in lowering the environmental impact. However, fouled membrane can have harmful effects on its operations. This factor may obstruct the membranes market growth during the forthcoming years.

Segment-

Water & Wastewater TreatmentSegment to Grow Rapidly Backed by Evolution of Technology

Based on application, the market is divided into gas separation, food & beverage, water & wastewater treatment, and others. Amongst these, the water & wastewater treatment segment held 45.9% membranes market share in 2019. Membranes were mainly developed owing to the sole purpose of water & wastewater treatment. Later, as the technology evolved, they found their application in a wide range of industries consisting of biomedical, pharmaceutical, and food & beverage. The emergence of membrane purification technologies has proved to be promising by meeting the urgent need for portable water.

Get Your Customization Research Report:

https://www.fortunebusinessinsights.com/enquiry/customization/membranes-market-102982

Regional Analysis-

Various Planned Desalination Projects in India & China to Favor Growth in Asia Pacific

Geographically, Asia Pacific procured USD 2,382.47 million in 2019 in terms of revenue. This growth is attributable to the major contributions of countries, such as Australia, India, Japan, and China. Japan is considered to be one of the largest producers of membranes globally. Several planned desalination projects in India and China are set to boost the growth of the market in this region. Chennai in India, for instance, houses two desalination plants. Each has a capacity of 100 million litres per day (MLD). The third plant is set to begin operations in 2021. Europe is in the second position owing to the contributions of Italy, Spain, France, and Germany.

Competitive Landscape-

Key Players Aim to Strengthen Their Positions by Acquiring Other Enterprises

The market is fragmented with the presence of over a thousand integrators and manufacturers. They are striving to adopt the strategy of mergers and acquisitions and new product development to strengthen their position in the market. Below are a couple of the latest industry developments:

March 2020: Toray, a multinational corporation headquartered in Japan announced that it's TORAYFIL™ UF and ROMEMBRA™ RO membranes were chosen for a new seawater desalination facility. It is supposed to be Brazil's largest plant and is set to be operational by the fourth quarter of 2020.
October 2019: DuPont acquired Evoqua Water Technologies, a reputed provider of cost-effective water treatment systems, based in Pittsburgh. The company acquired the latter's business line named MEMCOR®. This new acquisition would help DuPont in strengthening its position in the global market.
Fortune Business Insights™ lists out the names of all the membrane manufacturers. They are as follows:

TORAY INDUSTRIES, INC. (Japan)
DuPont (U.S.)
SUEZ (France)
KOCH (U.S.)
Pentair plc (U.S.)
TOYOBA (Japan)
Hydranautics - A Nitto Group Company (U.S.)
Pall Corporation (U.S.)
Seccua GmbH (Germany)
Synder Filtration (U.S.)
Others
Inquire Before Buying This Report:

https://www.fortunebusinessinsights.com/enquiry/queries/membranes-market-102982

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
9th Floor, Icon Tower,
Baner - Mahalunge Road,
Baner, Pune-411045, Maharashtra, India.

Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
Linkedin | Twitter | Blogs

About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Membranes Market Growth, Share Report, Size, Regional Analysis and Global Forecast to 2028 here

News-ID: 2582758 • Views:

More Releases from Fortune Business Insights Private Limited

Electro-Optical/Infrared Systems Market Will Witness A Demand Increase, Led By The Industry's Size And Key Players
Electro-Optical/Infrared Systems Market Will Witness A Demand Increase, Led By T …
The global electro-optical/infrared (EO/IR) systems market size is expected to reach USD 20.36 billion by 2026, exhibiting a CAGR of 5.84% during the forecast period. The growing necessity to improve target identification, assess threats, and monitoring in different weather conditions will spur opportunities for the market during the forecast period. The increasing application of EO/IR in fire control system, airborne homeland security, search and rescue, surveillance, and intelligence, surveillance, target
Cryogenic Equipment Market 2022 In-depth Research with Emerging Growth Trends, Regional Status of Top Key Players, and Industry Size Forecast to 2028
Cryogenic Equipment Market 2022 In-depth Research with Emerging Growth Trends, R …
This research study can be used by all participants in the Cryogenic Equipment Market as it covers all major and minor aspects of the current and future market competition. It can also prove very beneficial for stakeholders in view of the range of courses on offer and a detailed analysis of the expected growth strategies of the players in the coming years. According to the data by Ecotricity, crude oil
Natural Zeolites Market Trends, Top Key Players, Business Opportunities, Industry Share, Size Analysis by Forecast 2029
Natural Zeolites Market Trends, Top Key Players, Business Opportunities, Industr …
The global natural zeolites market size is expected to gain momentum owing to the rising demand from construction industry during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, "Natural Zeolites Market, 2022-2029." They are aluminosilicate minerals with a microporous surface that allows them to absorb a wide range of cations, including water. They are mined using traditional open-pit mining processes and they
Lemon Oil Market Share, Demand, Top Players, Industry Size, Future Growth By 2029
Lemon Oil Market Share, Demand, Top Players, Industry Size, Future Growth By 202 …
The global lemon oil market size is expected to gain momentum owing to the rising demand in cosmetic & personal care during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, "Lemon Oil Market, 2022-2029." Liquid sunshine is another name for lemon oil. It's a citrus essential oil with a fresh scent that comes from the citrus lemon plant. The oil is extracted

All 5 Releases


More Releases for Membranes

Tubular Membranes Market: Development Trends, Key Manufacturers and Competitive …
Allied Market Research published a new report, titled, " Tubular Membranes Market: Global Opportunity Analysis and Industry Forecast, 2020–2027." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken
Global Waterproofing Membranes Market: Liquid-applied Membranes to Offer Attract …
Waterproofing Membranes Market: Key Highlights The global waterproofing membranes market was valued at ~US$ 19 Bn in 2018 and is anticipated to expand at a CAGR of ~7% during the forecast period. The global waterproofing membranes market is primarily driven by growth in the construction industry and rise in the need to improve the quality of construction. Emerging and developed economies across the globe are carrying out infrastructure developments such as roadways,
Breathable Films And Membranes Market Expected to Secure Notable Revenue Share d …
Breathable Films and Membranes: Market Insights Breathable films & Membranes have been developed to meet the increasing and continuous demand for comfortable and safe usage, fresh quality of packed products and convenience of use. Breathable films & membranes reduces the anaerobiosis which occurs due to accumulation in packaging and also due to release of steam in a microwave system . Non-porous breathable films & membranes are also used for packaging
Tubular Membranes Market with top key players - Pentair, Porex Corporation, PCI …
Up Market Research has recently added a new informative data to its extensive repository titled as Tubular Membranes market. It provides a clear understanding of the sector and has been scrutinized by using primary and secondary research techniques. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts. Technical expansions of the Tubular Membranes
Chemical Separation Membranes Market Report 2018: Segmentation by Type (PTFE Mem …
Global Chemical Separation Membranes market research report provides company profile for 3M Company, Overview, Pentair PLC, L'Air Liquide S.A., MedArray Inc., Compact Membrane Systems, Inc., DeltaMem AG, PBI Performance Products, Inc., Evonik Industries AG, Markel Corporation and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Membranes Product Market 2018 Global and United States Key Players: Europ Membra …
The report on Membranes Product Market is a professional report which provides thorough knowledge along with complete information pertaining to the Membranes Product industry a propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc. The Global and United States Membranes Product Market 2018 to 2025 renders deep perception of the key regional market status of the Membranes Product Industry on