Ultrafiltration Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Ultrafiltration Market Size

According to a new report published by , titled, "Ultrafiltration Market," The ultrafiltration market was valued at $1.5 billion in 2021, and is estimated to reach $3.7 billion by 2031, growing at a CAGR of 9.6% from 2022 to 2031.

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Ultrafiltration Market By Type (Polymeric, Ceramic), By Module (Hollow Fiber, Plate and Frame, Tubular), By Application (Municipal Treatment, Industrial Treatment)

By type, the market is segregated into polymeric and ceramic. The polymeric segment dominated the global market in terms of revenue in 2021, with 58.15% of the total share. This is attributed to the fact that in polymeric ultrafiltration membranes, the specific polymers used are typically polysulfone (PS) and polyethersulfone (PES). These polymers are widely used for various separation processes such as clarification of fractionation and are ideally suited for ultrafiltration (UF). Moreover, there are several advantages associated with the use of polymeric ultrafiltration membrane such as minimized waste generation, lower energy consumption, low cost of operation, low maintenance, and less capital investment.

By module, the market is divided into hollow fiber, plate & frame, and tubular. The hollow fiber segment dominated the global market in terms of revenue in 2021, with 42.37% of the total share. This is attributed to the fact that hollow fiber ultrafiltration module provides effective way to purify water by causing a physical barrier in a hollow dimensional shape for removing pathogens and bacteria from wastewater. There are certain advantages associated with the use of hollow fiber ultrafiltration module such as no chemical requirement, highly efficient, retains natural minerals, and others. These modules have led the end use sectors such as beverage manufacturing, chemical plants, and others to use hollow fiber ultrafiltration module for wastewater treatment activities.

By application, the market is divided into municipal treatment and industrial treatment. The industrial treatment segment dominated the global market in terms of revenue in 2021, with 64.76% of the total share. This is attributed to the fact that ultrafiltration process is widely employed in industrial treatments for pre-filtration in reverse osmosis plants in order to separate the fine and ultrafine particles from the feed water or wastewater. It is an effective means for reducing the silt density index of water, which in turn reduces the fouling in reverse osmosis process. In this way, ultrafiltration enhances the shelf life of reverse osmosis membranes. Furthermore, ultrafiltration is widely used in various end use industries such as ultrapure water production in electronics sector, battery manufacturing, plastic & polymers sectors, beverage & juice production, and others.

Region-wise, the ultrafiltration market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific ultrafiltration market is projected to grow at the highest CAGR during the forecast period, and accounted for a major ultrafiltration market share in 2021. The utilization of ultrafiltration process in sectors such as pulp & paper manufacturing, textiles, cosmetic manufacturing, and others have surged the popularity of ultrafiltration market in the region.

Key players operating in the global ultrafiltration market include, AECOM, Applied Membranes, Inc., Aquatech International LLC, Berghof Membrane Technology GmbH (BMT), DuPont, FUMATECH BWT GmbH, Genex Utility, Merck KGaA, Pall Corporation, Pentair plc, Sterlitech Corporation, SUEZ, Synder Filtration, Inc., The 3M Company, AND Trucent.

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This release was published on openPR.