Press release
Membrane Separation Market to Hit USD 95,181.19 Million by 2034, Expanding at a CAGR of 12.28%
The global membrane separation market size was valued at USD 30,134.65 million in 2024. With a compound annual growth rate (CAGR) of 12.28% during 2025-2034, the market is projected to grow to USD 95,181.19 million by 2034.
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What Is Membrane Separation?
Membrane separation is a process that employs a semi-permeable membrane to separate substances based on their shape, size, or other properties. It is a physical separation method that relies on differences in how components of a mixture pass through the membrane. The process is widely used in various industries, including water treatment, food and beverage processing, pharmaceuticals, and chemical manufacturing. Depending on the pore size and the driving force applied (such as pressure, concentration, or electric potential), membrane separation can be categorized into several types. These types include microfiltration, ultrafiltration, nanofiltration, reverse osmosis, and gas separation. Membrane systems offer advantages like energy efficiency, ease of scale-up, and the ability to operate at ambient temperatures.
What's Driving Market Forward?
Rapid Industrialization in Emerging Economies: The rapid industrialization in emerging economies has led to a significant increase in the demand for clean water. Membrane separation technologies offer efficient treatment solutions that cater to this growing need. In addition, the challenge of managing wastewater, which arises from industrial growth, is tackled by membrane separation as it helps treat diverse industrial effluents and makes them suitable for discharge or reuse. Thus, rising industrialization is propelling the membrane separation market forward.
Rising Urbanization Globally: The rising number of urban residents globally has fueled the need for membrane separation as it allows for the treatment of wastewater to a high quality. It makes the wastewater suitable for several applications, including irrigation and industrial processes. In addition, the economic growth led by urbanization prompts investments in infrastructure and technology and creates opportunities for the adoption of advanced water treatment solutions.
Who Are Major Market Players?
The key market participants are making significant investments in R&D to improve their offerings. Also, they are adopting several strategic initiatives to expand and survive in a more competitive market. A few of the leading market players are:
Air Products
Applied Membranes Inc.
DuPont de
Merck KGaA
Mitsubishi Heavy Industries, Ltd.
Nitto Denko Corporation
PCI Membranes
ProMinent Group
Sanborn Technologies
SPX FLOW
Veolia Environnement S.A.
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Industry Developments
May 2025: Veolia finalized the acquisition of the remaining 30% stake in Water Technologies and Solutions (WTS) from CDPQ, gaining full ownership. This strategic move is expected to streamline Veolia's corporate structure and unlock greater value from its water technology operations.
May 2024: Air Products, a global leader in gas separation and purification technologies, introduced the PRISM GreenSep membrane separator, designed specifically for bio-LNG production. The innovation enhances efficiency in liquefied natural gas (LNG) processing using advanced membrane separation techniques.
April 2024: Mitsubishi Heavy Industries, Ltd. joined forces with NGK INSULATORS, LTD. to co-develop a next-generation hydrogen purification system leveraging membrane separation technology. This collaboration aims to support the growing demand for clean hydrogen solutions.
Which Segment Leads Market Growth?
By Technology Outlook (Revenue, USD Million, 2020-2034)
Reverse Osmosis
Microfiltration
Ultrafiltration
Nanofiltration
By Application Outlook (Revenue, USD Million, 2020-2034)
Water & Wastewater Treatment
Industry Processing
Food & Beverage Processing
Pharmaceutical & Medical
Others
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Which Region Leads Market Demand?
By region, the study provides insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Asia Pacific accounted for a major membrane separation market share in 2024. This is largely due to rapid urbanization and industrialization in major economies like India and China. The growing population and expanding middle class in these countries have led to an increased need for clean water and efficient wastewater treatment solutions.
North America is projected to record a significant CAGR from 2025 to 2034. The region's robust growth is fueled by ongoing investments in water infrastructure and the implementation of stringent regulatory frameworks. Rising concerns over water quality have prompted industries and municipalities to adopt membrane separation technology for both drinking water treatment and wastewater management.
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