Press release
Membranes Market Size Is Projected to Reach US$ 17.62 Billion With Growing CAGR 8.9% Forecast By 2025 to 2034
Membranes Market
Market Overview:
The global membranes market was valued at USD 7.51 billion in 2024 and is projected to reach USD 17.62 billion by 2034, expanding at a compound annual growth rate of 8.9% from 2025 to 2034.
Membranes are selective barriers that enable particular substances, such as liquids, gases, or ions, to pass through while blocking others. They are mainly used in various industries for separation, purification, and filtration processes. Common applications include water and wastewater treatment, food and beverage processing, pharmaceuticals, and chemical manufacturing.
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Key Factors Driving the Market:
• With water scarcity and pollution emerging as global challenges, governments and organizations are increasingly investing in advanced membrane technologies to secure reliable access to clean water for both domestic and industrial purposes, thereby fueling market growth.
• As sustainability becomes a growing priority, industries are increasingly adopting membrane technologies to enhance water management, minimize environmental impact, and comply with local and international regulations, thereby driving market growth.
• With freshwater resources becoming increasingly scarce, many regions are prioritizing water reuse and recycling to conserve supplies and reduce pressure on both natural sources and wastewater treatment systems. Membranes are especially effective in these applications, as they provide high-quality treated water suitable for various uses.
Major Participants:
The global membranes market is highly competitive, with several key players driving innovation and market expansion.
Some of the major participants in the market include:
• Asahi Kasei Corporation
• DuPont
• Hydranautics
• Kovalus separation solution
• LG Chem
• Pall Corporation
• Pentair
• Toray Industries
• Veolia
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Membranes Market Report Highlights:
• By technology, in 2024, the ultrafiltration segment dominated with the largest share due to its wide application range and high efficiency in removing bacteria, viruses, and suspended solids.
• The polymeric segment, by material, is experiencing strong growth due to its cost-effectiveness, flexibility, and suitability for a wide range of applications.
• In 2024, the Asia Pacific membranes market dominated with the largest share due to rapid industrialization, urban population growth, and increasing concerns about water scarcity.
• The North America membranes market is experiencing significant growth, driven by high demand for clean water, advanced infrastructure, and strict environmental regulations.
Market Segmentation:
By Material Outlook (Revenue, USD Billion, 2020-2034)
• Polymeric
• Ceramic
• Other
By Technology Outlook (Revenue, USD Billion, 2020-2034)
• Ultrafiltration
• Microfiltration
• Nanofiltration
• Others
By Application Outlook (Revenue, USD Billion, 2020-2034)
• Water & Wastewater treatment
• Industrial Processing
By Regional Outlook (Revenue, USD Billion, 2020-2034)
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Netherlands
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Malaysia
o South Korea
o Indonesia
o Australia
o Vietnam
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Israel
o South Africa
o Rest of Middle East & Africa
• Latin America
o Brazil
o Argentina
o Rest of Latin America
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Regional Analysis:
Asia Pacific:
In 2024, the market in Asia Pacific held the largest share, driven by rapid industrialization, expanding urban populations, and growing concerns over water scarcity.
North America:
The North America membranes market is expected to experience significant growth, fueled by strong demand for clean water, well-developed infrastructure, and stringent environmental regulations.
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