The global membrane separation technology market revenue was around US$ 24.39 billion in 2022 and is estimated to reach US$ 46.7 billion by 2031, growing at a compound annual growth rate (CAGR) of 7.5% during the forecast period from 2023 to 2031.
Membrane separation technology is a method utilized to purify and separate a particular component from the remainder of the mixture. This technology is widely used for industrial and commercial uses. Permeability, durability, stability, porosity, and selectivity are just a few of the specific qualities of membrane separation technology that make them a crucial component in many industrial applications.
Market Driving Factors
Regional Analysis
Asia Pacific dominated the market in terms of revenue during the projection period. This is due to the region's emerging economies' rapid industrialization and growing environmental concerns. Furthermore, expanding government efforts to build water and wastewater treatment facilities in China and India are anticipated to benefit market expansion during the projection period.
North America is predicted to dominate the market. This is due to the technology's rapid utilization for use in application sectors. Furthermore, the demand for ultrafiltration in this region is predicted to increase due to the strict regulations and industrial rules governing water filtration standards and performance established by the EPA (Environmental Protection Agency).
Segmentation Insights
Technology Insights
The reverse osmosis segment dominated the market and had the highest revenue share. Because it is widely used in both industrial and residential applications. Furthermore, the rising utilization of reverse osmosis as an alternative to the thermal desalination procedure is estimated to propel the segment growth in the market.
Application Insights
The water & wastewater treatment segment dominates the market in terms of shares. This segment of plants is utilized for microbial removal, wastewater processing of natural mineral water, sewage treatment, treatment of industrial water, desalination of seawater, treatment of brackish water, and manufacture of potable water.
The medical & pharmaceutical segment dominated the market. This can be attributed to the increased investments in the development of healthcare facilities, increasing per capita income, and increased prevalence and treatment of chronic diseases are the factors that create a positive influence on the segment. Furthermore, the rapid increase of the geriatric population in developed nations like Germany, the U.S., and Japan is estimated to create a significant demand for pharmaceutical products over the projection period.
Prominent Companies
Segmentation Outline
The global membrane separation technology market segmentation focuses on Technology, Application, and Region.
By Technology
By Application
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL MEMBRANE SEPARATION TECHNOLOGY MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: MEMBRANE SEPARATION TECHNOLOGY MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL MEMBRANE SEPARATION TECHNOLOGY MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL MEMBRANE SEPARATION TECHNOLOGY MARKET, BY TECHNOLOGY
5.1 OVERVIEW
5.2 REVERSE OSMOSIS
5.3 ULTRAFILTRATION
5.4 MICROFILTRATION
5.5 NANOFILTRATION
5.6 OTHERS
6 GLOBAL MEMBRANE SEPARATION TECHNOLOGY MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 WATER & WASTEWATER TREATMENT
6.2.1 DESALINATION
6.2.2 PUBLIC UTILITY WATER TREATMENT
6.2.3 WASTE REUSE
6.3 FOOD & BEVERAGE
6.3.1 DAIRY PROCESSING
6.3.2 BEVERAGE PROCESSING
6.3.3 FOOD & STARCH PROCESSING
6.4 MEDICAL & PHARMACEUTICAL
6.4.1 PHARMACEUTICAL PROCESSING
6.4.2 MEDICAL DEVICE
6.4.3 OTHERS
6.5 INDUSTRY PROCESSING
6.6 OTHERS
7 GLOBAL MEMBRANE SEPARATION TECHNOLOGY MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3.1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL MEMBRANE SEPARATION TECHNOLOGY MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
8.4 COMPETITIVE DASHBOARD
8.5 PRODUCT MAPPING
8.6 TOP PLAYER POSITIONING, 2022
8.7 COMPETITIVE HEATMAP
8.8 TOP WINNING STRATEGIES
9 COMPANY PROFILES
9.1 DOW CHEMICAL COMPANY
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.2 MERCK MILLIPORE
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.3 NITTO DENKO CORPORATION
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.4 TORAY INDUSTRIES
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.5 PENTAIR PLC
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.6 ASAHI KASEI CORPORATION
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.7 KOCH MEMBRANE SYSTEMS
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
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