Global Membranes Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 7.55 Billion |
Market Size (Forecast Year) |
USD 11.89 Billion |
CAGR |
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Major Markets Players |
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Global Membranes Market, By Material (Polymeric, Ceramics, Others), Technology (Reverse Osmosis (RO), Ultrafiltration (UF), Microfiltration (MF), Nanofiltration (NF), Others), Application (Water and Wastewater Treatment, Industrial Processing) - Industry Trends and Forecast to 2023 to 2030.
Membranes Market Analysis and Size
The essential factors contributing to the growth of the global membranes market in the forecast period of 2023 to 2030 include the increasing application of membranes in the agriculture and food & beverages sectors. Also, the growing inclination of consumers towards membranes is significantly contributing to the market growth.
Data Bridge Market Research analyzes that the global membranes market, which was USD 7.55 billion in 2022, is expected to reach USD 11.89 billion by 2030, growing at a CAGR of 6.7% during the forecast period of 2023 to 2030.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Membranes Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Year |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
By Material (Polymeric, Ceramics, Others), Technology (Reverse Osmosis (RO), Ultrafiltration (UF), Microfiltration (MF), Nanofiltration (NF), Others), Application (Water and Wastewater Treatment, Industrial Processing) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Market Players Covered |
Merck KGaA (Germany), Dow (U.S.), TORAY INDUSTRIES, INC. (Japan), NITTO DENKO CORPORATION (Japan), Pentair plc (U.S.), Asahi Kasei Corporation (Japan), LG Chem (South Korea), Koch Separation Solutions (U.S.), Pall Corporation (U.S.), GENERAL ELECTRIC (U.S.), Hyflux Ltd (Singapore), PARKER-HANNIFIN CORP (U.S.), LANXESS (Germany), W. L. Gore & Associates, Inc. (U.S.), AXEON Water Technologies (U.S.), Membranium (Russia), MICRODYN-NADIR (Germany), GEA Group Aktiengesellschaft (Germany), Veolia (France) and TOYOBO CO., LTD (Japan) among others |
Market Opportunities |
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Market Definition
A membrane is a micro-porous barrier of various materials used to separate dissolved material and fine particles from the solution. Membranes are largely used for the removal of particulates, microorganisms, bacteria, and natural organic material that can impart taste, color, and odor to water and other fluids.
Global Membranes Market Dynamics
Drivers
- Rise in awareness about water conservation and wastewater treatment
The rise in awareness about water conservation and wastewater treatment is expected to influence the market growth. In line with this, the rapid shift from chemical to physical treatment of water and the necessity of selective separation to meet water quality standards are also anticipated to act as key determinants favoring the market growth over the forecast period of 2023 to 2030.
- Strict regulatory and sustainability policies for environmental protection
The strict regulatory and sustainability policies for environmental protection are also expected to positively impact the market growth. The major factor accountable for the market growth is the rise in the usage in the pharmaceutical and biomedical industry.
Opportunities
- Increase in the initiatives to address the issue of water scarcity
The expansion of programs to solve water scarcity creates a chance for the world membrane market. Reverse osmosis and nanofiltration are two membrane technologies that are frequently utilized for water treatment and desalination, creating demand for membranes and promoting market expansion in this area.
- Rise in the scarcity of fresh water and high demand for treated water in emerging economies
The global membranes market has prospects due to the rising freshwater scarcity and the increased demand for treated water in emerging nations. Water purification, desalination, and wastewater treatment all depend on membrane technology, which is why these industries are growing and membrane demand is high.
Restraints/Challenges
- High capital and energy cost
The high energy and capital expenses related to membrane technology may be a limitation on the market growth. Membrane system adoption may be hampered by the high upfront costs and continuing operating expenses, which may limit market expansion in particular areas or sectors.
- Various issues related to the lifespan and efficiency of membranes
The global membranes market has many difficulties relating to membrane longevity and effectiveness. Membrane system performance and cost-effectiveness can be negatively impacted by elements including fouling, scaling, chemical deterioration, and a finite membrane lifespan. So, R&D must be ongoing to address these issues.
This global membranes market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on this market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you make an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In January 2022, Hydrofarm Holdings Group, Inc., a hydroponics equipment manufacturer, announced its strategic partnership with AXEON Water Technologies, a California-based manufacturer of water purification solutions. This partnership is done to distribute new lines of RO water filtration systems in the horticultural market.
- In July 2021, Cytiva and Pall Corporation announced about their 1.5 billion USD investment in biotechnology solutions. These investments have increased the capacity to produce and distribute membrane and filter products at Pall facilities in Newquay, U.K., Pensacola, FL, and San Diego, CA.
Global Membranes Market Scope
The global membranes market is segmented into three notable segments based on material, technology, and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Polymeric
- Ceramics
- Others
Technology
- Reverse Osmosis (RO)
- Ultrafiltration (UF)
- Microfiltration (MF)
- Nanofiltration (NF)
- Others
Application
- Water and Wastewater Treatment
- Industrial Processing
Global Membranes Market Regional Analysis/Insights
The global membranes market is analyzed and market size insights and trends are provided by type, technology, and application, as referenced above.
The countries covered in the global membranes market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
North America is expected to dominate the global membranes market due to the rise in awareness about water conservation and wastewater treatment. The rapid shift from chemical to physical treatment of water and the necessity of selective separation is also contributing to market growth.
Asia-Pacific is expected to grow during the forecast period of 2023 to 2030 due to the strict regulatory and sustainability policies for environmental protection. The rise in the usage of membranes in the pharmaceutical and biomedical industry has fueled their worldwide demand, which is driving market growth.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, and the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Membranes Market Share Analysis
The global membranes market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the global membranes market are:
- Merck KGaA (Germany)
- Dow (U.S.)
- TORAY INDUSTRIES, INC. (Japan)
- NITTO DENKO CORPORATION (Japan)
- Pentair plc (U.S.)
- Asahi Kasei Corporation (Japan)
- LG Chem (South Korea)
- Koch Separation Solutions (U.S.)
- Pall Corporation (U.S.)
- GENERAL ELECTRIC (U.S.)
- Hyflux Ltd (Singapore)
- PARKER-HANNIFIN CORP (U.S.)
- LANXESS (Germany)
- W. L. Gore & Associates, Inc. (U.S.)
- AXEON Water Technologies (U.S.)
- Membranium (Russia)
- MICRODYN-NADIR (Germany)
- GEA Group Aktiengesellschaft (Germany)
- Veolia (France)
- TOYOBO CO., LTD (Japan)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.