Membrane Separation Systems Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Technology (Reverse Osmosis, Microfiltration, Ultrafiltration, Nanofiltration, Ion Exchange, and Others), Application (Environmental, Food and Beverages, Health

Wide Range of Applications in Dairy Industry Boost Membrane Separation System Market

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According to our new market research study on ""Membrane Separation System Market to 2028 - Global Analysis and Forecast - by Technology, Application, and Material,"" the market was valued at US$ 22,177.00 million in 2021 and is projected to reach US$ 40,512.12 million by 2028; it is expected to grow at a CAGR of 9.1% from 2022 to 2028. The report highlights trends prevailing in the membrane separation system market, and drivers and restraints pertaining to the market growth.

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Dairy, a crucial food industry, provides nutritionally rich products for all age groups. Apart from serving nutrition, dairy products are considered as a good source of raw materials for other industries. The dairy industry generates excessive amounts of waste and by-products while offering a wide range of dairy products. Significantly, the dairy industry employs environment-friendly and energy-saving technologies to control expenses and maintain sustainability. A cost-effective and eco-friendly membrane separation technology is largely adopted across this industry for several valuable purposes. Membrane separation is among the latest emerging technologies with properties suitable for dairy products. The most commonly used membrane separation techniques in the dairy industry are MF, UF, NF, RO, and electrodialysis. The good economic performance, eco-friendly operation, and simple utility makes these techniques widely adoptable in this industry for various purposes, such as bacteria removal, component separation, and wastewater treatment. Such rising applications of membrane separation systems in the dairy industry are fueling the membrane separation system market growth.

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North America holds the largest share of the membrane separation system market, whereas Asia Pacific is expected to register the highest CAGR during the forecast period. The market is expected to grow significantly in countries such as China, India, and Southeast Asia. The Asia Pacific membrane separation system market was valued at US$ 8,057.94 million in 2021 and is projected to reach US$ 15,070.97 million by 2028; it is expected to grow at a CAGR of 9.5%.

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The membrane separation system market in the US was valued at US$ 3,54.01 million in 2021 and is anticipated to reach US$ 7,342.17 million by 2028; it is expected to report a CAGR of 9.4% during 2022-2028. There are more than 16,000 publicly owned wastewater treatment systems of various sizes serving the majority of wastewater needs in the US. Wastewater treatment facilities in the country process ~34 billion gallons of wastewater every day. Factors such as growing product demand from end-use industries and environmental regulations laid down by the Environmental Protection Agency (EPA) are encouraging companies in the US to adopt effective water treatment solutions. Furthermore, economic revival and government initiatives to promote environmental protection are also expected to drive the market for membrane separation technologies in the country.

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Since the emergence of the COVID-19 pandemic, wastewater is being examined to detect the presence of SARS-CoV-2. The investigation of wastewater is a method of tracking the presence of pathogens in the environment. Further, lockdowns, and travel and transportation bans had adverse effects on the manufacturing, supply, and distribution of medicines and medical instruments, which hampered the medical supply chains worldwide. Thus, a reduction in pharmaceutical production hindered the growth of the membrane separation system market. The demand for membrane filtration systems also dropped due to suspended operations in the food processing industry. With the shutdown of industrial and commercial facilities, the volumes of wastewater generation also decreased, resulting in a further drop in membrane filter demand. The drop in the sales of drinking water also hampered the business of mineral water distributors; the dropped demand for membrane separation technologies for food and beverage applications was the major factor that affected the market growth during the COVID-19 pandemic.

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However, the introduction of COVID vaccination programs allowed several country governments to regain control of situations within their countries. As a result, the gradually improving economic conditions are likely to support the recovery of the membrane separation system market during the post-pandemic period.

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Acal BFi Limited, Advantest Corporation, Teraview limited, Toptica Photonics AG, Terasense Group Inc., Microtech Instrument Inc., Menlo Systems GmbH, HÜBNER GmbH & Co. KG, Luna Innovations Inc., and Insight Product Company are the leading companies operating in the global membrane separation system market.

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Membrane Separation System Market, by Region, 2021 (%)

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Source: The Insight Partners Analysis

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In terms of geography, the membrane separation system market is segmented into North America (US, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific), the Middle East & Africa (UAE, Saudi Arabia, Africa, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).

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