Membrane Separation Technology Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.00 % |
Fastest Growing Market | North America |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Membrane Separation Technology Market Analysis
The market for membrane separation technology is expected to grow at a CAGR of about 4% globally during the forecast period. Major factors driving the market studied are increasing application in water and wastewater treatment, growing demand from food, pharmaceutical, and other processing industries. On the flip side, a high price bar of membranes is expected to hinder the growth of the market studied.
- Membrane Separation Technology market is expected to grow during the forecast period owing to the growing application of reverse osmosis technology.
- Asia-Pacific region dominated the market across the globe with the largest consumption from the countries such as China, India, and Japan.
Membrane Separation Technology Market Trends
This section covers the major market trends shaping the Membrane Separation Technology Market according to our research experts:
Growing Application of Reverse Osmosis Technology
- Membrane Separation Technology covers all engineering approaches for the transport of substances between two fractions with the help of permeable membranes. In general, mechanical separation processes for separating gaseous or liquid streams use membrane technology.
- Reverse osmosis (RO) technology uses a partially permeable membrane to remove unwanted molecules and larger particles from drinking water. The process is similar to other membrane technology applications.
- In the pharmaceutical & chemical industry purified water plays an important role in the reaction mechanism where the use of reverse osmosis and other membrane technologies play a vital role.
- In the Food & Beverages industry, the use of purified water has a prominent role where the application of membrane separation technology for water purification is widely in use.
- About 296 Approved Cold Chain Projects in Food Processing industry have been approved in India as on May 2019 creating a major scope for the usage of reverse osmosis for water purification.
- Water and wastewater treatment application leads in the utilization of membrane technology with China, United States, India, Germany playing a major role in this market.
Asia-Pacific Region to Dominate the Market
- Asia-Pacific region is expected to dominate the market for membrane separation technology during the forecast period. In countries like China, India, and Japan because of the growing awareness among people to consume purified water, the demand for membrane separation technology has been increasing in the region.
- The largest producers of different membrane technologies are located in the Asia-Pacific region. Some of the leading companies in the production of membrane technology are Asahi Kasei Chemicals Corporation, TORAY INDUSTRIES, INC, DuPont, NITTO DENKO CORPORATION, Samco Technologies, Inc.
- In the pharmaceutical industry, these membranes are used in the membrane distillation process and also to treat wastewater.
- Chinese pharmaceutical industry which is valued at about ~USD 145 billion currently, represents the biggest emerging market with growth tipped to reach about ~USD 200 billion by 2022, thus increasing the scope of the market.
- Traditional method of purifying water with chemicals is replaced with this membrane technology with growing awareness in developing countries which created scope for this market.
- In developing countries like China, India and Japan, to reduce the usage of polluted water which acts as severe health hazard, many purification technologies are being adopted depending upon their efficiency in purifying and filtration processes.
- The aforementioned factors coupled with government support are contributing to the increasing demand for membrane separation technology market during the forecast period.
Membrane Separation Technology Industry Overview
The global membrane separation technology market is fragmented with players accounting for a marginal share of the market. Few companies include are 3M, Pall Corporation, TORAY INDUSTRIES, INC, Asahi Kasei Chemicals Corporation, DuPont.
Membrane Separation Technology Market Leaders
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3M
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Pall Corporation
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TORAY INDUSTRIES
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Asahi Kasei Chemicals Corporation
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DuPont
*Disclaimer: Major Players sorted in no particular order
Membrane Separation Technology Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Application in Water & Wastewater Treatment
- 4.1.2 Growing Demand from Food, Pharmaceutical & Other Processing Industries
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4.2 Restraints
- 4.2.1 High Price Bar of Membranes
- 4.2.2 Other Restraints
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Membrane Technology
- 5.1.1 Reverse Osmosis
- 5.1.2 Ultra Filtration
- 5.1.3 Nano Filtartion
- 5.1.4 Micro Filtarion
- 5.1.5 Other Technologies
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5.2 Application
- 5.2.1 Water and Wastewater Treatment
- 5.2.2 Chemical & Pharmaceutical
- 5.2.3 Food Processing
- 5.2.4 Other Applications
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5.3 Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 United Kingdom
- 5.3.3.3 France
- 5.3.3.4 Italy
- 5.3.3.5 Rest of Europe
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle-East and Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 South Africa
- 5.3.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Asahi Kasei Chemicals Corporation
- 6.4.3 Axeon Water technologies
- 6.4.4 DuPont
- 6.4.5 Koch Membrane Systems
- 6.4.6 NITTO DENKO CORPORATION
- 6.4.7 Pall Corporation
- 6.4.8 Permionics Membranes Private Limited.
- 6.4.9 Samco Technologies, Inc
- 6.4.10 TORAY INDUSTRIES, INC.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Increasing Demand for Water Purification in Developing Countries
Membrane Separation Technology Industry Segmentation
The Membrane Separation Technology Market report include:
Membrane Technology | Reverse Osmosis | |
Ultra Filtration | ||
Nano Filtartion | ||
Micro Filtarion | ||
Other Technologies | ||
Application | Water and Wastewater Treatment | |
Chemical & Pharmaceutical | ||
Food Processing | ||
Other Applications | ||
Geography | Asia-Pacific | China |
India | ||
Japan | ||
South Korea | ||
Rest of Asia-Pacific | ||
Geography | North America | United States |
Canada | ||
Mexico | ||
Geography | Europe | Germany |
United Kingdom | ||
France | ||
Italy | ||
Rest of Europe | ||
Geography | South America | Brazil |
Argentina | ||
Rest of South America | ||
Geography | Middle-East and Africa | Saudi Arabia |
South Africa | ||
Rest of Middle-East and Africa |
Membrane Separation Technology Market Research FAQs
What is the current Membrane Separation Technology Market size?
The Membrane Separation Technology Market is projected to register a CAGR of 4% during the forecast period (2024-2029)
Who are the key players in Membrane Separation Technology Market?
3M, Pall Corporation , TORAY INDUSTRIES , Asahi Kasei Chemicals Corporation and DuPont are the major companies operating in the Membrane Separation Technology Market.
Which is the fastest growing region in Membrane Separation Technology Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Membrane Separation Technology Market?
In 2024, the Asia Pacific accounts for the largest market share in Membrane Separation Technology Market.
What years does this Membrane Separation Technology Market cover?
The report covers the Membrane Separation Technology Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Membrane Separation Technology Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Membrane Separation Technology Industry Report
Statistics for the 2024 Membrane Separation Technology market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Membrane Separation Technology analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.