Market Analysis: Global Membranes Market
The global membranes market accounted for USD 7.40 billion in 2016 and is projected to grow at a CAGR of 10.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Membranes Market
A membrane acts as a selective barrier that separates and concentrates the feed stream, allowing the constituents to pass while impurities are retained on the membrane. The constituents that pass through the membrane are termed as permeates, and those that are retained are known as concentrates or retentates. There is a growing demand for membranes in water & wastewater treatment, food & beverage, medical & pharmaceutical, industrial processing, and gas processing activities, which is expected to be one of the major drivers of the market over the next seven years.
Major Market Drivers:
- Demand water & wastewater treatment
- Requirement of selective separation for meeting water quality standards
- Stringent regulations and policies concerning the environment
- High capital investment in infrastructure development
Market Segmentation: Global Membranes Market
The membranes market is segmented on the basis of type into polymeric and ceramics.
On the basis of technology, the market is segmented into RO, UF, MF, NF, pervaporation, gas separation and dialysis & electrodialysis.
On the basis of application, the market is segmented into water & wastewater treatment, food & beverage, medical & pharmaceutical, industry processing, and industrial gas processing.
On the basis of geography, the membranes market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Membranes Market
The global membranes market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Membranes Market
Some of the major players in membranes market include Merck Millipore, The DOW Chemical Company, Toray Industries, Inc., Nitto Denko Corporation (Hydranautics), Pentair PLC, Asahi Kasei Corporation, LG Water Solutions, Koch Membranes Systems, Inc., Pall Corporation, GE Water & Process Technologies, Hyflux Ltd, Parker-Hannifin Corporation, Lanxess Ag, Axeon Water Technologies, Inge GmbH, Membranium, Microdyn-Nadir GmbH, Markel Corporation, GEA Filtration, Veolia Environnement SA, Toyobo Co., Ltd., PCI Membranes, Corning Inc., W. L. Gore & Associates, Polymem and many more.
Research Methodology: Global Membranes Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted 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 can 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. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.