Download PDF Brochure https://bit.ly/3l06AGKThe Membranes Market size is projected to grow from USD 5.4 billion in 2019 to USD 8.3 billion by 20...Download PDF Brochure https://bit.ly/3l06AGK
The Membranes Market size is projected to grow from USD 5.4 billion in 2019 to USD 8.3 billion by 2024, at a CAGR of 9.0%. The major drivers for the membranes market include increasing population, rising awareness about wastewater reuse, and rapid industrialization.
Polymeric segment is a group of polymers that have better and more efficient mechanical properties to sustain for membrane filtration. Natural polymers include wool, rubber, and cellulose, while synthetic polymers used in membrane production comprise polyamide, polysulfone, polyethersulfone, polymethylpentene, polystyrene, and polytetrafluoroethylene (PTFE).
The NF segment is projected to register the highest CAGR between 2019 and 2024. The use of NF membranes is increasing due to their ability to permeate monovalent ions, while rejecting divalent and multivalent ions. The flexibility for ion separation and permeation provided by these membranes offer significant advantages in industrial applications.
These membranes are also beneficial for whey protein concentration, juice concentration and other applications in the food & beverage and pharmaceutical industry. Excellent selectivity properties provided by NF membranes, increasing industrialization, and growing population are the major drivers for the NF membranes.