Press release
Reverse Osmosis Membrane Market reached USD 3.6 billion in 2021 and to reach USD 7.0 billion in 2029, growing at a CAGR of 8.7% till 2029 | Size & Forecast Report
Reverse Osmosis Membrane Market
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/reverse-osmosis-membrane-market/
The factors driving growth of the Reverse Osmosis Membrane Market includes increasing number of waterborne diseases around the world, rising application of reverse osmosis membrane in desalination plants and wastewater recycling, growing concerns related to water scarcity and improvements in the living standards. Moreover, Government regulations regarding the treatment of municipal and industrial waste, growing adoption of advanced technologies, rise in the launch of new products and rapid urbanization, are some of the additional factors supplementing the Global Reverse Osmosis Membrane Market. In addition, the increasing investments by major corporations on research and development, rising disposable incomes and growing population growth rates, are further propelling Reverse Osmosis Membrane Market size.
However, growth of the Reverse Osmosis Membrane Market is hindered attributed to discharge of dense brine.
The prominent players operating in the market are Mann+Hummel, Membranium, Toyobo Co., Ltd., DuPont., Toray Industries, Inc, SUEZ, AXEON Water Technologies., Hydranautics, LG Chem and Koch Industries, Inc., among others.
Based on Applications, the Desalination Systems segment is predicted to grow at a significant CAGR during the forecast period
Increasing use of desalination systems to remove salts and minerals from sea and brackish water and producing fresh water fit for human consumption, are propelling growth of the segment.
Based on End-Use Industry, the Water & Wastewater treatment segment is projected to hold the highest market share over the forecast period
Strict regulations regarding the treatment of wastewater and reuse of wastewater, is pushing segment's growth.
Based on Region, the North American region is anticipated to expand at a remarkable CAGR during the forecast period
As per the Reverse Osmosis Membranes Market Forecast, increasing prevalence of waterborne diseases across United States and Canada, presence of the leading players such as DuPont Water Solutions, Hydranautics and Koch, rising population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in the North American region.
Key Developments
In Oct 2020, Koch partnered with Waste 3R Engineering & Solutions. This will help to promote company's advanced separation technologies for industrial water and wastewater projects across Bangladesh and help them to achieve the recycling and reuse by the leveraging company's membrane products and system.
In Jan 2020, DuPont Water Solutions introduced dry-tested seawater reverse osmosis elements which will help enable the transition from wet to dry testing and increase shelf life and flexibility for storage.
Market Segmentation
Segmentation by Applications
Desalination Systems
RO Purification Systems
Others
Segmentation by End-Use Industry
Water & Wastewater treatment
Industrial Processing
Segmentation by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
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