Press release
Microfiltration Membranes Market | Key players operating in the market include SUEZ, Sartorius AG, Hydranautics, Pall Corp, 3M
According to recent market research "Microfiltration Membranes Market by Type (Fluorinated Polymers, Cellulosic, Polysulfones, Ceramic), Filtration Mode, Applications (Water Treatment, Food & beverage, Biopharmaceutical Processing, Chemical) & Region - Global Forecast to 2027", published by MarketsandMarkets, the global microfiltration membranes market size is projected to reach USD 1.8 billion by 2027 from USD 1.2 billion in 2022, at a CAGR of 8.9% during the forecast period.The overall increase in demand for microfiltration membranes in water treatment and rising water scarcity is driving the global microfiltration membranes market. The increasing environmental concern and government regulations for wastewater treatment is also driving the demand of microfiltration membranes. The demand for microfiltration membranes in food & beverage, and biopharmaceuticals end-use industries are also expected to grow at a high growth rate in the forecast period.
Browse 422 market data Tables and 47 Figures spread through 296 Pages and in-depth TOC on "Microfiltration Membranes Market - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/microfiltration-membranes-market-21698274.html
Fluorinated polymers segment is the largest in the market. This segment includes materials such as polyvinylidene fluoride (PVDF) and polytetrafluoroethylene (PTFE). PVDF is the most commonly used material to construct microfiltration membranes. PVDF offers excellent chemical resistance, high hydrophobicity, mechanical strength, and good processability. PVDF membranes exhibit the highest chemical and chlorine durability among commercialized membranes.
Cross flow filtration mode segment is the largest in the market. Cross flow filtration is a configuration in which the feed to be filtered is continuously recirculated tangentially to a filtration membrane surface. Thus, membranes with cross flow filtration mode reduce the chances of fouling on the membrane performance, which increases the performance of membranes.
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The microfiltration membranes market size is projected to reach USD 1.8 billion by 2027 from USD 1.2 billion in 2022, at a CAGR of 8.9% during the forecast period. The overall increase in demand for microfiltration membranes in emerging regions such as Asia Pacific, South America, and Middle East & Africa is driving the global microfiltration membrane market. The government regulations pertaining to water & wastewater treatment is driving the growth of microfiltration membranes market.
The key players in the microfiltration membranes market include SUEZ (France), Merck KGaA (Germany), Sartorius AG (Germany), Koch Separation Solutions (US), Hydranautics (US), Pall Corporation (US), 3M (US), Pentair (UK), Asahi Kasei Corporation (Japan), and Toray Industries Inc. (Japan). The microfiltration membranes market report analyzes the key growth strategies, such as new product launches, investment & expansion, agreement & collaboration, and mergers & acquisitions adopted by the leading market players between 2019 and 2022.
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SUEZ was the largest player in the microfiltration membranes market in 2021. The company has a broad product portfolio for microfiltration membranes market to a wide range of end users. The company has design and manufacturing expertise to develop innovative products in the water management and water treatment sector. SUEZ has a strong global presence across regions including Europe, Asia Pacific, North America, South America, and Middle East & Africa. SUEZ is focusing on increasing its market share by adopting several organic and inorganic strategies, such as product development, investment & expansion, agreement, merger, and acquisition, to expand its customer base in developing countries and enhance its competitiveness. For instance, in October 2019, SUEZ planned to expand its manufacturing capacity for membranes. This move will help the company address the growing demand for membrane technologies in the water sector. The company acquired GE Water & Process Technologies in 2017, which has further strengthened its global footprint.
Merck KGaA is another leading player in the microfiltration membranes market. The company provides membrane solutions, including microfiltration membranes, through its life science business segment. The company focuses on R&D to develop innovative products. The company adopts organic strategies such as investments and expansions to strengthen its presence. For instance, in October 2020, it announced to increase the production capacity of Millipore Express membranes. This move will help the company meet the increasing demand in the growing biopharmaceutical market.
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