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Reverse Osmosis (RO) Membrane Market Expected to Achieve 9.5% CAGR by 2029: Growth Forecast Insights
Reverse Osmosis (RO) Membrane
How Large Will the Reverse Osmosis (RO) Membrane Market Size By 2025?
The market size for reverse osmosis (RO) membranes has seen a robust growth over the last few years. The market, currently valued at $6.72 billion in 2024, is projected to surge to $7.33 billion in 2025, marking a compound annual growth rate (CAGR) of 9.2%. Factors such as increasing water scarcity, industrial usage, strict environmental regulations, rising population and urbanization, desalination initiatives, and heightened awareness about water cleanliness have contributed to the growth experienced in the past years.
How Big Is the Reverse Osmosis (RO) Membrane Market Size Expected to Grow by 2029?
Predicted robust expansion of the reverse osmosis (RO) membrane market will lead to a significant increase in its size in the upcoming years, reaching $10.55 billion by 2029 with a 9.5% compound annual growth rate (CAGR). The factors contributing to this anticipated growth span from advancements in material science to the emphasis on sustainable solutions, water reuse and recycling, and development of desalination projects. Other relevant elements consist of the implementation of smart water management techniques and global infrastructural expansion. Key trends to be observed in the forecast period involve a concentration on seawater desalination, the use of the internet of things (IoT) for monitoring purposes, customization to tackle specific water quality issues, the use of spiral-wound membrane settings, and the preference for sustainable and eco-friendly membrane solutions.
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Which Key Market Drivers Powering Reverse Osmosis (RO) Membrane Market Expansion and Growth?
The escalating need for pure drinking water is anticipated to further stimulate demand for the reverse osmosis membrane market. Pure water is a special type of water with fewer than 0.5 parts per 1000 dissolved components. Consuming pure drinking water is vital for maintaining excellent health and general well-being. Every individual on the planet requires between 20 and 50 liters of reliable water per day for drinking, cooking, and fundamental hygiene, purified by the reverse osmosis membrane method. For illustration, in July 2023, the United Nations International Children's Emergency Fund, a U.S. based humanitarian aid organization reported that in 2022, 5.82 billion people benefitted from safely managed water services, while an additional 1.5 billion used basic services. Notwithstanding, 2.2 billion people were still without access to safely managed water services. This number comprised 1.5 billion who had basic services, 292 million with limited water access, 296 million dependent on unimproved sources, and 115 million sourcing drinking water directly from rivers, lakes, and other surface water sources. As a result, the growing need for pure drinking water is leading to the expansion of the reverse osmosis membrane market.
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Which Fast-Growing Trends Are Poised to Disrupt the Reverse Osmosis (RO) Membrane Market?
In the reverse osmosis membrane market, leading corporations are advancing new technologies to maintain their market position. For example, Veolia Water Technologies, Inc., headquartered in France and recognized for their expertise in water testing and environmental management solutions, unveiled the Barrel in April 2022 - an integrated, ready-to-use reverse osmosis technology. Specifically created for desalination, the Barrel ensures adherence to water quality regulations and is also apt for wastewater reuse and low-pressure RO processes. This design provides a cost-effective and sustainable solution for fresh water supply. Furthermore, the Barrel boasts an innovative format that escalates scalability, minimizes footprint, heightens safety measures and includes an embedded digitalization system for live tracking of membrane conditions.
What Are the Emerging Segments in the Reverse Osmosis (RO) Membrane Market?
The reverse osmosis (RO) membrane market covered in this report is segmented -
1) By Type: Thin-Film Composite Membranes, Cellulose Based Membranes
2) By Filter Module: Spiral Wound, Hollow Fiber, Tubular, Plate And Frame
3) By Application: Desalination, Utility Water Treatment, Wastewater Treatment And Refuse, Process Water
4) By End User: Water And Wastewater Treatment, Industrial Processing
Subsegments:
1) By Thin-Film Composite Membranes: Polyamide Membranes, Polyethersulfone Membranes
2) By Cellulose Based Membranes: Cellulose Acetate Membranes, Cellulose Triacetate Membranes
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Who Are the Global Leaders in the Reverse Osmosis (RO) Membrane Market?
Major companies operating in the reverse osmosis (RO) membrane market are DuPont de Nemours Inc., Toray Industries Inc., Koch Industries Inc., Toyobo Co. Ltd., Suez-Lyonnaise des Eaux, Keensen Technology Co. Ltd., Lanxess AG, The Dow Chemical Company, Vontron Technology Co. Ltd., Merck & Co. Inc., Pall corporation, Parker Hannifin Corporation, Lenntech Water Treatment Solutions, Hydramem, Alfa Laval AB, GE Water and Process Technologies, Axeon Water Technologies, BNKO Environmental Technology (Shanghai) Co. Ltd., Permionics Membranes Private Limited, Samco Technologies Inc., Nitto Denko Corporation, Mann+Hummel Water & Fluid Solutions, Synder Filtration Inc., LG Chem Ltd., Hydranautics, Hyflux Ltd., Membranium, Trisep Corporation, Microdyn-Nadir GmbH, Applied Membranes Inc., Pure Aqua Inc.
Which are the Top Profitable Regional Markets for the Reverse Osmosis (RO) Membrane Industry?
North America was the largest region in the reverse osmosis (RO) membrane market share in 2024. The regions covered in the reverse osmosis (RO) membrane market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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