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According to the market research firm Stratview Research, the global Membranes market is predicted to exhibit a shift during 2020–2025. The report is segmented by Material Type (Polymeric, Ceramic, and Others), by Technology Type (Reverse Osmosis (RO), Ultrafiltration (UF), Microfiltration (MF), Nanofiltration (NF), and Others), by Application Type (Water Wastewater Treatment, Industrial Processing), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights

Membranes Market is likely to witness an impressive CAGR of 9.0% during the forecast period.

Segment Analysis

Based on the material type, the membranes market is segmented as polymeric, ceramic, and others. The polymeric segment is expected to remain the most dominant segment of the market till 2025. The segment consists of polyamide, polysulfone, polyethersulfone, polymethylpentene, polystyrene, and polytetrafluoroethylene, and others. Polymeric membranes are cost-effective, easy to process and operate, and are suitable for a variety of applications such as beverage processing, feed water production, and chemical processing. Other factors contributing towards the dominance of polymeric membranes are their high performance, high efficiency, and specific separation properties.

Based on the technology type, the membranes market is segmented as reverse osmosis, microfiltration, nanofiltration, and others. Increasing industrialization and growing population are the driving factors of this segment. Another prime factor is their ability to permeate monovalent ions, while rejecting divalent and multivalent ions and several other selectivity properties provided by nanofiltration membranes:

  • Industrial Applications: Flexibility for ion separation and permeation.
  • Water Treatment Applications: Reduce heavy metal, salt, and nitrate contents, and provide lower discharge volumes than RO.

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period with the developing economies such as China, India, Indonesia, Malaysia, Vietnam, and Thailand offering lucrative growth opportunities. This growth can be attributed to the changing reforms regarding water regulations in existing systems, growing population, increasing investment for water treatment, and rapid industrialization in the Asia-Pacific region. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

Research Methodology

The specific procedures or techniques used to identify, select, and analyse information about the Membranes market allows the user to get a sneak peek into the market’s present and future position. The information provided in the report plays a crucial role for the market participants and investors in the identification of the low-hanging fruits available in the market and formulate the growth strategies to expedite their growth process. This report is the outcome of a detailed research methodology comprising broad secondary research, and rigorous primary interviews with industry stakeholders. Several authenticated secondary sources, such as company annual reports, fact books, press releases, and articles have been leveraged to gather the data.

Customisation of this study-

Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send an inquiry at
sales@stratviewresearch.com.

About Stratview Research

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace Defense, Automotive Mass Transportation, Consumer Goods, Construction Equipment, Electronics and Semiconductors, Energy Utility, Healthcare Life Sciences, and Oil Gas.

Contact: Stratview Research

E-mail: sales@stratviewresearch.com Direct: +1-313-307-4176

 

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