USD 564.81 million
Global Membrane Market Size, Share, Growth Analysis, By Technology(Reverse Osmosis (RO), Ultrafiltration (UF)), By Application(Water & Wastewater Treatment, Industrial Processing), By Material(Polymer, ceramic) - Industry Forecast 2024-2031
Report ID:
SQMIG15E2341 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
90 |
Figures:
76
Global Membrane Market Insights
Membrane Market size was valued at USD 564.81 million in 2019 and is poised to grow from USD 613.6 million in 2023 to USD 1086.1 million by 2031, growing at a CAGR of 8.5% in the forecast period (2024-2031).
As membrane technology is being used in the dairy processing and food and beverage industries, the market is expected to expand significantly. A positive effect on the broad use of membrane separation methods is also anticipated from technical developments that improve durability and lower fouling potential.
Companies in the United States are being forced to implement water treatment solutions due to factors including rising product demand from end-use sectors and environmental restrictions established by the Environmental Protection Agency (EPA), which is expected to accelerate technological growth. Furthermore, the U.S. market for membrane separation technology is anticipated to be driven by the economic recovery and government activities to support environmental protection.
From 2020, there was a dramatic increase in the need for high-quality processing equipment for handling wastewater, industrial processing, and maintaining cleanliness in food, beverage, and pharmaceutical facilities. This led to the expansion of the market for membrane separation technology. In order to combat COVID satiation, there has been a significant increase in demand for high purity consumables in the food and medical industries.
Diverse businesses have mostly used investments, divestitures, and geographical expansion to increase their market share in the membrane separation technology sector. Membrane market has seen rising expenditures and ongoing R&D, which has resulted in the development of membrane products with improved durability and greater flow rates. However, it's anticipated that the participants' top worry would be changes in the price of raw materials.
US Membrane Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Polymer
Fastest Growth
Polymer
Growth Rate
8.5% CAGR
Global Membrane Market ($ Bn)
Country Share for Asia pacific Region (%)
Global Membrane Market By Material ($ Bn)
Global Membrane Market By Material (%)
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Global Membrane Market Segmental Analysis
Global membrane market is segmented on the basis of technology, material used, application, and region. Based on technology, the Membrane Market is divided into Reverse Osmosis (RO), Ultrafiltration (UF),Microfiltration (MF), and Nanofiltration (NF). Based on material the market segment into polymer, ceramic and others. Based on Application, the Membrane Market is segmented into Water & Wastewater Treatment and industrial Processing. On the basis of region, the Membrane Market is segmented into North America, Europe, Asia Pacific and rest of the world.
Membrane Market Analysis by Technology
A substantial portion of income in 2021 came from reverse osmosis, which grew to be the most popular technology because of its broad use in commercial and residential applications. Reverse osmosis' expanding use as a thermal desalination process substitute is also anticipated to promote market expansion. In comparison to more conventional thermal desalination methods like Multistage Flash Distillation (MSF) and Multiple Effect Distillation, reverse osmosis technology has a significantly greater recovery rate (MED). As a result, the thermal desalination method is quickly being replaced by reverse osmosis technology in seawater desalination facilities all over the world.
Due to the increasing demand for Ultrapure Water (UPW) in the semiconductor and pharmaceutical sectors, the nanofiltration market is anticipated to expand significantly throughout the forecast period. Most organic pollutants in water and wastewater are eliminated using nanofiltration technology. They are employed in the extraction of caustic and waste acids from industrial effluents. Additionally, it may be used to remove dyes and colorants from wastewater produced by the leather- and textile-processing industries.
Membrane Market Analysis by Material
During the projected period, the polymeric category is anticipated to see the fastest CAGR growth of 9.5%.The section expected to grow the fastest throughout the projection period is polymeric. In 2019, it held the greatest market share for membranes. Advanced polymeric membranes with higher performance and increased efficiency have been created in response to the growing requirement for the development of filtering processes. The market is being driven by an increase in the usage of polymeric membranes for desalination and wastewater treatment made of polyethersulfone (PES), polysulfone (PSf), polyamide (PA), polyvinylidene fluoride (PVDF), and polyacrylonitrile. The usage of polymeric membranes has increased in response to the requirement for virus reduction in water.
Membrane Market Analysis by Application
With a market value of USD 3.34 billion in 2021, the water & wastewater treatment sector led the industry in terms of revenue. In 2021, the market for membranes was dominated by the water and wastewater treatment sector. Throughout the projection period, it is anticipated to be the fastest growing segment. The use of membrane technology in wastewater treatment has increased due to rising water pollution brought on by industrial and agricultural activities. The need for membrane technology has increased as a result of the limited supply of freshwater resources and the growing need to enhance water quality. The usage of membrane technology in the industrial sector is growing as more modern methods for wastewater treatment, such as reverse osmosis, ion exchange, and adsorption are being used. The usage of membrane technology in the industrial sector is growing as more modern methods for wastewater treatment, such as reverse osmosis, ion exchange, and adsorption, are being used. The membrane market is influenced by the growing need for improvements in wastewater treatment procedures so that treated wastewater may be reused for household, industrial, and agricultural reasons. The regulatory agencies' strict rules for water and wastewater treatment involving discharge or reuse are also increasing demand for membrane technology.
Global Membrane Market By Material, 2023 (%)
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Global Membrane Market Regional Insights
Due to its high CAGR, rising demand for expanding industries, and the potential for future opportunities, particularly in developing nations like Japan, India, and China. Asia Pacific has the largest global membrane market share in 2021 and is anticipated to grow at the fastest rate during the forecast period. Major end-use sectors such water treatment, food and beverage production, pharmaceuticals, and power generation are expanding, which may be linked to the market expansion. In addition, strong government restrictions in the area and growing public concern about water quality are projected to increase demand for membranes.
Following Asia Pacific in terms of market value is North America, followed by Europe. Because of geographical advantages including easy access to resources and inexpensive labor, the global market is increasingly concentrated in Asia Pacific, rendering North America and Europe slow-growth regions.
Due to their location in low-income emerging nations and the contribution of these nations' low GDPs, the Middle East and Africa and Latin America areas have less opportunities for industrial expansion. The Membranes market is therefore growing slowly in these regions. Due to the region's growing urbanization and industrialisation, the Latin American market is projected to present enormous development potential.
Global Membrane Market By Region, 2024-2031
- Largest
- Fastest
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Global Membrane Market Dynamics
Membrane Market Driver
Demand for Pure Filtered Drinking Water will Drive Demand for Membrane
- Since membrane systems help to remove all tiny and large ions, colloids, organics, bacteria, and pyrogens from the feed water, their usage is expanding to create highly purified water for a variety of purposes. To clean up impurities that have accumulated on membrane surfaces during use and enhance the function of the membranes, the rise in demand for membrane systems is projected to lead to an increase in demand for membrane chemicals.
Membrane Market Restraint
Fluctuating Crude Oil Prices to Hamper Market Growth
- The change in crude oil prices hinders the worldwide membranes market. The high cost of raw materials has an impact on the membranes' production costs, which raises membrane prices and reduces manufacturer margins. Production of membranes requires a large investment in both installation and research and development costs. In industrialized countries, there are also severe environmental regulations that put financial pressure on manufacturers to adhere to the high standards.
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Global Membrane Market Competitive Landscape
With several tier-1, tier-2, and unorganized firms competing in the industry, the global Membranes market is extremely fragmented. At both the local and international levels, the major players in the worldwide market have sizable production bases and cutting-edge manufacturing facilities. They are able to provide the product to a variety of end customers throughout the world faster thanks to this than small-scale producers, giving them an advantage in the global market. In order to create cutting-edge technologies and increase their production capacity to meet the expanding demands of end consumers throughout the world, manufacturers are also heavily involved in research and development efforts. In order to capture a significant portion of the global Membranes market, manufacturers are also forming long-term alliances with important stakeholders.
Membrane Market Top Player's Company Profiles
- The Dow Chemical Company
- Asahi Kasei Corporation
- BASF SE
- DuPont de Nemours, Inc.
- LG Chem
- Toray Industries, Inc.
- Suez Water Technologies and Solutions
- Koch Industries
- Merck Millipore
- Hydranautics (A Nitto Group Company)
- Pentair plc
- Nitto Denko Corporation
- Pall Corporation
- Lanxess AG
- Sartorius AG
- GEA Group AG
- 3M Company
- Parker-Hannifin Corporation
- ALFA LAVAL
- Lenntech BV
Membrane Market Recent Developments
- In November 2021, For purification and concentration procedures used in the manufacture of food and beverages as well as biotechnology, Toray Industries, Inc. developed and started distributing samples of a new hollow fiber ultrafiltration membrane module.
- In December 2021, A carbon dioxide separation membrane for industrial exhaust gas was created by the Japanese ceramics company NGK Insulators. During testing, the membrane achieved a CO2 separation factor that was roughly five times greater than that of a DDR-type zeolite membrane that had previously been developed.
Global Membrane Key Market Trends
- The pharmaceutical and biomedical industries have seen remarkable technical improvement in recent years. They have a significant use in the industry, whether it is the recovery of valuable intermediate or substrate or lowering the concentration of effluent streams. The pharmaceutical business often uses nano filtration and pervaporation techniques to decrease the hazardous components in the effluent stream. Barrier films used in nano-filtration are often used to filter out microplastic, endocrine disruptors, BOD/COD, dyes, pigments, and other contaminants. The demand for the product is anticipated to increase as laws and regulations governing wastewater treatment and pre-treatment effluents become more stringent.
Global Membrane Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global membrane market analysis, increasing illness prevalence throughout the globe, advancements in the biotechnology, life science, and healthcare sectors, spike in demand for high-purity goods, and rise in medical membrane consumption are some of the major drivers propelling the worldwide medical membrane market. Additionally, due to an increase in the world's geriatric population and the prevalence of obesity, there have been rising incidences of end-stage renal disease and diabetes in recent years. As the world's population ages, the biotechnology, pharmaceutical, and healthcare sectors are expanding rapidly in emerging nations. Additionally, the expansion of the healthcare sector in developing nations is anticipated to offer prosperous chances for corporate expansion.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 564.81 million |
| Market size value in 2031 | USD 1086.1 million |
| Growth Rate | 8.5% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Membrane Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Membrane Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Membrane Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Membrane Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Membrane Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Membrane Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Membrane Market Report Snapshots
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