Membranes Market Size, Emerging Trends, Forecasts, and Analysis 2020-2025

SEP 27,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Membranes Market.

Membranes Market is likely to witness an impressive CAGR of 9.0% during the forecast period. Increasing urbanization, rise in population, rapid industrialization, improved investment opportunities are some of the factors that have led to an increase in the need for water treatment activities, which in turn, drives the membranes market. In addition, stringent policies and environmental regulations from the government along with infrastructural development is the other major factor contributing to the growth of the market.

Membranes are microporous films that act as selective barriers to control the transmission of different chemical components on the basis of permeability. Membranes are widely used in water treatment and gas processing applications and are also called as filtration elements. Porosity, durability, stability, selectivity, and permeability are some of the advantages offered by membranes.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Segment Analysis

By Material Type
Based on the material type, the membranes market is segmented as polymeric, ceramic, and others. The polymeric segment is expected to remain the most dominant segment of the market till 2025. The segment consists of polyamide, polysulfone, polyethersulfone, polymethylpentene, polystyrene, and polytetrafluoroethylene, and others. Polymeric membranes are cost-effective, easy to process and operate, and are suitable for a variety of applications such as beverage processing, feed water production, and chemical processing. Other factors contributing towards the dominance of polymeric membranes are their high performance, high efficiency, and specific separation properties.

By Technology Type
Based on the technology type, the membranes market is segmented as reverse osmosis, microfiltration, nanofiltration, and others. Increasing industrialization and growing population are the driving factors of this segment. Another prime factor is their ability to permeate monovalent ions, while rejecting divalent and multivalent ions and several other selectivity properties provided by nanofiltration membranes:

  • Industrial Applications: Flexibility for ion separation and permeation.
  • Water Treatment Applications: Reduce heavy metal, salt, and nitrate contents, and provide lower discharge volumes than RO.

By Region
In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period with the developing economies such as China, India, Indonesia, Malaysia, Vietnam, and Thailand offering lucrative growth opportunities. This growth can be attributed to the changing reforms regarding water regulations in existing systems, growing population, increasing investment for water treatment, and rapid industrialization in the Asia-Pacific region. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

Key Players:
  • Asahi Kasei Corporation
  • DuPont de Nemours, Inc.
  • Hydranautics, Inc. (A Nitto Group Company)
  • Koch Separation Solutions
  • Lanxess AG
  • LG Water Solutions
  • Pall Corporation
  • Pentair plc
  • SUEZ
  • Toray Industries, Inc.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Membranes Market analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors
Customization of the Report:
This report can be customized to meet the client’s requirements. In order to provide more accurate market forecast, all the reports are updated before delivery.
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