Global Membranes Market 2014-2019

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Global Membranes Market 2014-2019

Membranes Market by Type of Material, by Technology, by Application & by Region- Global Trends & Forecasts to 2019

Membranes Market by Type of Material, by Technology (MF, RO, UF, Gas Separation, Dialysis, NF), by Application (Water & Wastewater Treatment, Pharmaceutical & Medical Uses, Food & Beverages, Chemical Processing, Industrial Gas Processing) & by Region - Global Trends & Forecasts to 2019

The membranes industry is a large segment worth several billions. A membrane is a selective barrier that allows the passage of constituents and retains the other. It is a reliable and cost-effective material with high permeability and selectivity. Membranes can provide an efficient and reliable solution for critical separation challenges and have demonstrated superior performance across a broad range of applications, versus alternative technologies. The increasing demand, cost of raw material commodities, and energy will require greater productivity, efficiency, and selectivity in industrial processes. Greater sensitivity to local and global environmental concerns favors membrane technologies that reduce waste and enhance general reuse. The polymeric materials are most extensively used as a raw material for membranes. Most of the membranes are used in water & wastewatertreatment, pharmaceutical & medical uses, and food & beverages sectors. The growing global demand for water industry, stringent regulations, and environmental concerns are major drivers increasing the demand of membranes in the coming years.

The membranes market report is analyzed by the type of materials, technologies and applications; both globally and regionally. The report familiarizes the industry players with the market trends, opportunities, drivers, and challenges. This report identifies the factors driving or inhibiting the growth of each segment to support its analysis of market trends and forecasts. In addition to the market size, data trends, and forecasts, the report also highlights the key market opportunities for the stakeholders and draws a competitive landscape in which the key market developments of the top companies are profiled.

The global membranes market is estimated to grow at a CAGR of 9.43% from 2014 to 2019 to reach a value of $29.3 billion. Due to the increasing water & wastewater treatment, pharmaceutical & medical uses, and industrial gas processing projects in the Asia-Pacific region, especially in Australia and China, the emerging regions are expected to register maximum growth. Also, high growth will be seen in the Middle East & Africa.

Asia-Pacific and North America dominate the global membranes market, accounting for 66.1% of the overall market in 2013. The U.S. and the European countries are leading in research and development of high performance membrane products for industrial gas processing and pharmaceutical & medical uses sectors. Member countries of EU; Germany, France, Italy, U.K., Russia, and Spain are the key markets in Europe and constitute majority of the market size. Country wise, China is the largest consumer of membrane products, globally and is also estimated to grow at a CAGR more than the global average, till 2019. China and Australia have enormous potential and are the fastest growing markets for membranes in Asia-Pacific as well as globally.

The water & wastewater treatment and pharmaceutical & medical uses segments occupy topmost positions in the membranes market, with 62.2% share by value in 2013. Maximum growth is expected from industrial gas processing and pharmaceutical & medical use segments in the near future. The chemical and mechanical stability, high solute rejection, and cost-effective properties of membranes drive its growth in water & wastewater treatment, pharmaceutical & medical uses, food & beverages, chemical processing, and industrial gas processing segments. The factors responsible for the growing demand of membranes industry are the growing global demand for water industry, stringent regulations, and environmental concerns.

All these factors, along with the growing water industry, will continue to drive the demand for membranes. However, the industry will have to overcome challenges, such as short life span and changing regulations, in order to meet the increasing demand from the growing membranes industry.

Scope of the report:

This research report categorizes the global market for membranes on the basis of type of material, technology, applications, and geography, in terms of value, and analyzing trends in each of the submarkets.

On the basis of type of material: The membranes market is segmented on the basis of the type of material consumed, such as polymeric, non-polymeric or other type. Polymeric and non-polymeric are further segmented into different types in the report with value forecasts as well. Polymeric is further divided into cellulosic, polysulfone & polyethersulfone, polyamide, fluoropolymers, and other polymeric. Non-polymeric is further segmented into alumina, zirconia oxide, titania, and other non-polymeric.

On the basis of technology: The report is segmented on the basis of technology used, such as MF, RO, UF, NF, pervaporation, gas separation, dialysis, and others. Each of these technologies is further classified in detail in the report with value forecasts as well.

On the basis of application: The market for membranes is segmented on the basis of application of products in various end use industries, such as water & wastewater treatment, pharmaceutical & medical uses, food & beverages, chemical processing, industrial gas processing, and others. Each of these applications is further described in detail in the report with value forecasts as well.

Source: Research and Markets

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