With population explosion causing depletion on the part of water resources coupled with surface water bodies getting contaminated, the demand for membrane separation technology is bound to substantiate in the upcoming period. 3D printing technique is likely to facilitate production of membranes in diverse designs and shapes with greater accuracy as compared to the other methods of member fabrication available as of now. Persistence Market research has walked through these facts with corrective measures in its latest market study entitled “Membrane Separation Market”.
How about categorization of Membrane Separation Market?
The global membrane separation market, by process, spans ultrafiltration, microfiltration, nanofiltration, and reverse osmosis. By end-user, it’s water and wastewater treatment, industrial, and healthcare. Out of these, reverse osmosis holds the largest market share due to application areas like seawater desalination, landfill leachates treatment, and producing ultrapure water. It has also been reported that reverse osmosis has a higher rate of recovery as compared to conventional thermal desalination processes like MSF (Multistage Flash Distillation) and MED (Multiple Effect Distillation). Ultrafiltration process stands second herein. This could be credited to single-membrane filtration process acting as a good barrier to harmful viruses, bacteria, and several other contaminants.
Application-wise, water and wastewater treatment holds the major market share, followed by pharmaceuticals as there is a continuous need to separate fluids and particles in suspension. Persistence Market Research has mentioned about these facts with analytical measures to be taken in its latest market study entitled “Membrane Separation Market”.
North America is expected to grow at a double-digit CAGR in the membrane separation market between 2021 and 2031. This could be attributed to increasing number of initiatives by the government of the US regarding encouragement of sustainable development. The government is also exercising stern regulations for controlling wastewater disposal from the municipal sources. The other factor boosting the market of North America is that of pharmaceutical industry flourishing. As such, discharge of the pharmaceutical effluents is subject to regulatory norms. Europe stands second on this count. However, the Asia-Pacific holds the largest market share due to rising environmental concerns due to verticals like metal processing, chemicals, and mining contributing to water pollution.
It’s interesting to note that the government of China has been following “Water Pollution Prevention and Control Action Plan” since the year 2015 for preventing contamination of water resources from verticals like pulp and paper and chemicals. Persistence Market Research has highlighted these facts with insights in its latest market study entitled “Membrane Separation Market”.
Persistence Market Research has profiled the key players in membrane separation market as Nitto Denko Corporation, 3M, GEA Filtration, Koch Membrane Systems, Pall Corporation, Merck Millipore, Degremont SA, Dow Chemical Company, Evoqua Water Technologies, and Veolia Environment. These players do hold numerous patents and trademarks, which are being looked upon as assets with respect to competition. They are also into enhancement of design and performance of membrane separation systems for staying afloat.
The Road Ahead
The global membrane separation market is poised to grow stupendously between 2021 and 2031 – Persistence Market Research.
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