openPR Logo
Press release

Membrane Filtration Market is projected to grow at a higher CAGR of 6.3% during the forecast period | Size, Share, Growth & Analysis

06-16-2023 07:44 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Gmi Research

The Membrane Filtration Market is slated to register at a CAGR of 6.3% over the forecast period.

For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/membrane-filtration-market/

 The factors driving growth of the Membrane Filtration Market includes strict regulations imposed by Governments regarding water safety, growing demand for dairy products around the world, increasing use of membrane filters to sterilize gas and liquids and improvements in the living standards. Moreover, expansion of the pharmaceutical industry, increase in the production of generic drugs, growing adoption of advanced technologies by manufacturers, rise in the launch of new products and rapid urbanization are boosting the market growth. In addition, the increasing investments by major companies on research and development, strategic mergers, and collaborations between leading players, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.

However, insufficient knowledge amongst consumers is restricting growth of the Membrane Filtration Market.

The prominent players operating in the Membrane Filtration Market includes 3M Company, Koch Membrane Systems, Inc., Prominent GmbH, Alfa Laval, GEA Group AG, Dowdupont, Pentair PLC., SPX Flow Inc., Suez Water Technologies & Solutions, Pall Corporation, and Porvair Filtration Group, among others.

Based on Product Type, the Reverse osmosis (RO) segment is predicted to grow at a significant CAGR during the forecast period

Reverse osmosis-based membrane filtration removes harmful contaminants from water and mineral and enhances efficiency in purifying water, are some of the factors pushing growth of the segment.

Based on Module Design, the Tubular Systems segment is projected to capture the largest market share over the forecast period

Tabular based systems are increasingly used in wine and beer and dairy industry, remove contaminants to produce high-quality processed water, are propelling segment's growth.

Based on Region, the Asia-Pacific region is predicted to expand at a remarkable CAGR during the forecast period

Growing demand for premium dairy products across India, China and Japan, expansion of the wine and beer industry, rise in the production of generic drugs, rapid urbanization, increasing per capita incomes and high population size, are driving the market growth of Asia-Pacific region.

 Key Developments

In 2019, Dowdupont decided to acquire Ultrafiltration membrane business from BASF SE. The acquisition will strengthen the portfolio of Dowdupont and to reach the next level of growth.
In 2019, Suez Water Technologies & Solutions entered singed an agreement with Wafilin Systems for the commercialization of filtration and separation systems.
In 2018, Porvair Filtration Group completed the acquisition of Keystone Filter to enhance its presence in the US market and to provide a wide range of cross-selling opportunities.
 
Market Segmentation

Segmentation by Product Type

Reverse osmosis (RO)
Ultrafiltration (UF)
Microfiltration (MF)
Nanofiltration (NF)
Segmentation by Application

Water & Wastewater
Food & Beverages
Dairy products
Drinks & Concentrates
Wine & Beer
Other

Segmentation by Membrane Material

Polymeric
Ceramic

Segmentation by Module Design

Spiral Wound
Tubular Systems
Plates & Frames
Hollow Fibers

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.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe - +353 1 442 8820; US - +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate, Dublin D18 Y3X2, Ireland

GMI Research's leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our clients business problems and add significant value to long lasting relationship.

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 Membrane Filtration Market is projected to grow at a higher CAGR of 6.3% during the forecast period | Size, Share, Growth & Analysis here

News-ID: 3091298 • Views:

More Releases from Gmi Research

OLED Market is projected to rise at a higher CAGR during the forecast period | S …
The OLED Market is anticipated to expand at a remarkable CAGR during the forecast period For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-oled-market/ The factors driving growth of the OLED Market includes increasing penetration of smartphones and gaming consoles around the world, Government policies supporting OLED lighting research, growing popularity of smart Televisions and improvements in the living standards. For instance, the revenue generated from the sales of video game consoles
3D Printed Drugs Market is growing at a CAGR of 4.2% over the forecast period | …
The 3D Printed Drugs Market is growing at a CAGR of 4.2% over the forecast period. For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-3d-printed-drugs-market-by-technique-type/ The factors driving growth of the 3D Printed Drugs Market includes increasing geriatric population around the world, growing demand for soluble drugs, rising prevalence of stroke, Alzheimer's disease and head and neck tumors and improvements in the living standards. For instance, the population aged 60 and
Virtual Private Cloud Market is expected to grow at a higher CAGR of 23.4% over …
The Virtual Private Cloud Market is projected to grow at a CAGR of 23.4% over the forecast period. For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-virtual-private-cloud-market/ The factors driving growth of the Virtual Private Cloud Market includes huge volumes of data generated across BSFI, Healthcare and Media & Entertainment industries, rising focus by companies on modernizing IT infrastructure, Government initiatives promoting digitalization, increasing number of data breaches reported around the
Pest Control Services Market is poised to grow at a robust CAGR during the forec …
The Pest Control Services Market is estimated to grow at a robust CAGR over the forecast period For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/pest-control-services-market/  The factors driving growth of market includes increasing demand for pest control services from hospitality, pharmaceutical, and food processing industries, growing focus on using biocides, rising concerns related to climate change, and improvements in the living standards. For instance, the market value of biocides worldwide was

All 5 Releases


More Releases for Membrane

06-24-2022 | Health & Medicine
Fact.MR
Increased Demand for Ophthalmology Amniotic Membrane to Boost the Amniotic Membr …
250 Pages Amniotic Membrane Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider According to Fact MR's recent market research, sales of Amniotic Membrane to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges. Focus
Amniotic Membrane Market continues to expand with Membrane Applications and Deve …
Amniotic membrane is an avascular layer of fetal membrane which can be extracted from placenta and stored in a sterile environment right after collection. It can be efficiently used in surgical procedures and in the treatment of ocular diseases or disorders such as ligneous conjunctivitis, corneal disease, etc. as well as for treating tissue damage. An amniotic membrane transplant (AMT) can be done using traditional suture and fibrin glue approach
Ultrafiltration Membrane and Microfiltration Membrane Industry Outlook and Forec …
This report also researches and evaluates the impact of Covid-19 outbreak on the Ultrafiltration Membrane and Microfiltration Membrane industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Ultrafiltration Membrane and Microfiltration Membrane and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).   Global Info Research offers a latest published report on Ultrafiltration Membrane and Microfiltration Membrane Market Analysis and Forecast 2019-2025 delivering key insights
Pharmaceutical Membrane Filtration Market – Notable Developments 2025 | Koch M …
Global Pharmaceutical Membrane Filtration Market: Snapshot The global pharmaceutical membrane filtration market is envisaged to gain a strong impetus on the back of regulatory obligations on the part of cleanrooms in pharmaceutical production and improving growth of the generics market. Other factors that could fortify the growth of the global pharmaceutical membrane filtration market include technological developments in nanofibers and rising production of sizable biologics and molecules. In terms of product, the
Membrane Bioreactor Market 2017-2023 | Key Players GE Water and Process Technolo …
The membrane bioreactor is the technology for wastewater treatment industries, which is witnessing greater adoption in the global market. The market includes the study of various types of configurations, products, applications and geographic analysis. The membrane bioreactor technology is more advanced than conventionally activated sludge method of wastewater management. The technology is efficient due to lower operational and maintenance cost. The market is driven due to increased utilization of the
Membrane Microfiltration Market 2018 - 2028 | By Membrane Type ( PES Membrane F …
Membrane Microfiltration Market: Value and Forecast The global membrane microfiltration market is expected to expand at a CAGR of 7.8% in revenue terms over the forecast period 2018–2028. The global membrane microfiltration market is expected to be dominated by Western Europe with a 22.3% revenue share in 2018. Membrane Microfiltration Market: Product Outlook In water treatment systems, microfiltration membranes help in removing small particles and solids such as iron (rust), manganese (rust), clay, silt and