Membrane Separation Tech Market Forecast by 2020

Published on by in Business

Membrane Separation Tech Market Forecast by 2020

Increasing Demand for Clean Water Drives Demand for Membrane Separation Technologies, According to New Report by Global Industry Analysts, Inc.

Commodification of water is a key trend driving growth in the membrane separation technologies market. With water achieving the status of a tradable commodity, water desalination and purification are growing in prominence thus benefiting growth in the market. In several parts of the world, usable water needs are no longer met by natural sources such as rivers, lakes, reservoirs, and underground wells. Receding water tables, and groundwater pollution are forcing authorities to treat brackish water, wastewater, seawater, and municipal waste water to meet growing water needs. The scenario is helping benefit demand for water treatment equipment, including membrane separation technology.

Membrane separation technology has long been in use across several industries for applications requiring separation of components from a liquid medium. Adoption of membranes separation technology has increased significantly over the recent years supported by stringent waste water disposal regulations. Growing water scarcity and shortage and the ensuing need for water re-use is currently driving demand in the market, since membranes flaunt the ability to recover of a wide variety of pollutants from water. Expanding applications in medical and pharmaceutical sectors, and upgrade and expansion of water treatment networks includingmembrane-based desalination systemsare offering opportunities for growth. Technological advancements and the subsequent reduction in costs are further expected to drive growth in the market. Improved performance, cost and energy efficiency benefits are expected to spur adoption of membrane wastewater treatment systems in a range of municipal and industrial applications.

Reverse osmosis membranes,which find applications in desalination, pharmaceutical water and power plant boiler feed water, represents the largest product market. Technologies such as microfiltration and ultrafiltration, which enable the elimination of macromolecules, colloids and other contaminant particles dissolved in potable water, are also expected to witness growth. Significant growth is also expected to come from nanofiltration membranes, a technology well suited for softening water through elimination of low dissolved solids and for disinfecting feed water.

As stated by the new market research report onMembrane Separation Technologies,the United States represents the largest market worldwide, led by environmental regulations and rising importance of water recycling. Asia-Pacific, with a CAGR of 10.4% over the analysis period, ranks as the fastest growing region supported by demand from sectors such as mining, desalination, food and beverage, and semiconductors, among others,

Major players covered in the report include Degremont SA, Dow Water & Process Solutions, 3M Purification Inc., EMD Millipore, Evoqua Water Technologies, GEA Filtration, GE Water & Process Technologies, Nitto Denko Corporation, Pall Corp., Veolia Environnement SA, and Sulzer Ltd. among others.

The research report titled "Membrane Separation Technologies: A Global Strategic Business Report" announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, mergers, acquisitions and other strategic industry activities of major companies. The report provides market estimates and projections for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, South Korea and Rest of Asia-Pacific), Middle East and Rest of World (Brazil, Mexico and Others). Technologies analyzed include Microfiltration, Ultrafiltration, Reverse Osmosis, Nanofiltration and Others. Key end-use applications analyzed in the report include Pharmaceuticals, Water Treatment, Chemical, Food & Beverage and Others.

Source: Press Release Rocket

Read More Related Content On This Topic - Click Here

Media

Taxonomy