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Membrane Filtration Market 2023 - By Industry Size, Regional Trends, Future Opportunities, Revenue Analysis And Outlook By 2032
Membrane Filtration Market
The Business Research Company's Membrane Filtration Global Market Report 2023 identifies increasing cases of water pollution and waterborne diseases as the major driver for the Membrane Filtration market's growth in the forecast period. Water pollution occurs when toxic substances, often chemical products or microorganisms, are discharged into a stream, river, lake, or ocean. Such occurrences of water pollution arise the scarcity of pure and drinkable water. Due to the sheer rise in water pollution, there is a increase in waterborne diseases.
The global membrane filtration market size is expected to grow from $15.36 billion in 2022 to $16.66 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The membrane filtration market size is expected to reach $22.26 billion in 2027 at a CAGR of 7.5%.
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Major competitors in the Membrane Filtration market are Pall Corporation, Koch Membrane Systems Inc., Pentair Plc, 3M Company, Porvair Filtration Group, GEA Group AG, Suez Water Technologies and Solutions.
A key trend in the Membrane Filtration market includes technological advancement. Recently, the market has witnessed the demand for ozone membrane filtration, such as ultrafiltration, nanofiltration, microfiltration, reverse osmosis, and forward osmosis, to enhance the water quality by removing the particles contaminating the water. Major companies operating in the membrane filtration market are focused on innovating new technologies to sustain their position in the market. For instance, in April 2021, Koch Separation Solutions, a US-based company operating in membrane filtration and ion exchange technologies, launched INDU-COR™ HD (High Density).
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The Membrane Filtration market is segmented -
• By Type: Reverse Osmosis, Ultrafiltration, Microfiltration, Nanofiltration
• By Module Design: Spiral Wound, Tubular Systems, Plate & Frame, Hollow Fiber
• By Membrane Material: Polymeric, Ceramic
• By End User: Wastewater Treatment, Healthcare, Food & Beverage, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Membrane Filtration market.
The Business Research Company's "Global Membrane Filtration Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Membrane Filtration Market Include:
1. Executive Summary
2. Membrane Filtration Market Characteristics
3. Membrane Filtration Market Trends And Strategies
4. Membrane Filtration Market - Macro Economic Scenario
5. Membrane Filtration Market Size And Growth
…………………………………..
26. Africa Membrane Filtration Market
27. Membrane Filtration Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Membrane Filtration Market
29. Membrane Filtration Market Future Outlook and Potential Analysis
30. Appendix
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