Membrane Filtration Market Worth USD 17.36 Billion by 2028

WASHINGTON, Jan. 24, 2022 (GLOBE NEWSWIRE) — Growing concerns about good productivity especially in dairy and dairy products are driving the membrane filtration market globally. Currently, due to the increasing demand for food products and the intense competition among them that requires the manufacture of high-quality products, this trend has led to an increase in the demand for the inline or internal filtration process, and thus the boom of the membrane filtration market, says Vantage Market Research, in a report entitled “Membrane Filtration Market by Product Type (Reverse Osmosis, Ultrafiltration, Microfiltration, Nanofiltration), by Application (Water and Wastewater, Food and Beverage, etc.), by Region (North America, Europe, Asia Pacific, Middle East & Africa) – Global Industry Assessment (2016 – 2021) and outlook (2022 – 2028). ” The market size was US$15.31 billion in 2021. The global membrane filtration market size is expected to reach US$17.36 billion by 2028, representing a compound annual growth rate of 38% during the forecast period.

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List of Prominent Players in Membrane Filtration Market:

  • Suez Technologies and Water Solutions (USA)
  • DowDuPont (US)
  • Alfa Laval AB (Sweden)
  • GEA AG (Germany)
  • 3M Corporation (USA)
  • Pal Corporation (USA)
  • Koch Membrane Systems Inc (US)
  • SPX Flow, Inc. (United State)
  • Veolia (France)
  • Promont GmbH (Germany)
  • Porvier Filtration Group (UK)
  • Pinter plc. (we)

The Membrane Filtration Market Report Highlights:

  • Market assessment
  • Distinctive insights
  • Competitive scene
  • Analysis of the impact of COVID
  • value chain analysis
  • Historical data, estimates and forecasts
  • Company Profile
  • Porter’s Five Forces Analysis
  • Global and Regional Dynamics

Market Overview:

Increasing demand for industrial filtration for better processing and lower energy cost is driving the membrane filtration market.

Membrane filtration is an effective method for sterilizing heat-sensitive materials and is also used to sterilize various liquids and gases (including air). It acts as a barrier and removes contaminating microorganisms from the desired liquid or gas rather than destroying them. Membrane filtration is a promising new method with increasing pollution of water bodies as well as the increasing complexities of removing PAHs from water, membrane filtration can be a cost-effective, compact and time-effective solution. Membrane filtration can also be carried out in industrial use on a large scale.

Membrane filtration, used to remove dissolved substances and fine particles from solutions, has the ability to continuously separate and concentrate dyes from the effluent. Compared with other methods, this process has some specific characteristics, such as resistance to high temperature, adverse chemical environments, and microbial attack. Membrane filtration is suitable for treating effluents containing low concentrations of dyes and recycling textile wastewater, but it is ineffective in reducing dissolved solid content, which can make water reuse difficult. These are some of the factors driving the membrane filtration market.

The high cost of manufacturing and maintenance is the main limiting factor of the membrane filtration market

The processes are subject to the effects of membrane fouling which leads to a decrease in permeability flux. Expensive cleaning and renewal schemes are essential for membrane filters. The high flow rates used in tangential flow feeds can damage shear sensitive materials, so regular maintenance is required and is an expensive operation. If the membrane fabrication process is not strictly controlled, it may result in films with a wide pore size distribution, resulting in poor separation performance. These are some of the limiting factors that are holding back the membrane filtration market.

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Regional Analysis:

Asia Pacific Membrane Filtration Market Increasing Growth

The Asia Pacific region is expected to grow at the highest compound annual growth rate (CAGR) in the forecast period. This is due to the presence of membrane filtration manufacturers, rising industrial and urban infrastructure and increasing petroleum prices are the main factors that cause membrane filtration market to be used for sustainability in industries. Countries like India and China have huge potential for market boom due to increasing population and high demand for high quality products. North America, Middle East, Africa and Europe are also growing in the membrane filtration market due to strict regulations imposed by government agencies on sustainable development.

COVID-19 Analysis:

The COVID-19 outbreak has affected many industries around the world. The membrane filtration market has also had a significant impact. Governments around the world have taken drastic measures such as closing borders, lockdowns and implementing strict social distancing measures, in order to stem the rapid spread of COVID-19. These measures have had a severe impact on the global economy affecting various industries. Moreover, the reduced construction activities have affected the demand for membrane filters all over the world. The impact of COVID-19 on market demand is being considered while estimating the current and projected market size and market growth trends for all regions and countries based on the following data:

  1. Assessing the impact of the COVID-19 pandemic
    1. North America
    2. Europe
    3. Asia Pacific
    4. Latin america
    5. Middle East and Africa
  2. Quarterly Market Revenue Forecasts by Region 2020 and 2021
  3. Key strategies companies have taken to tackle COVID-19
  4. long term dynamics
  5. short term dynamics

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Key questions answered in the report:

  • Which regional market will show the highest rapid growth?
  • Who are the top five players in the membrane filtration market?
  • How will the membrane filtration market change in the next six years?
  • What application and product will take the lion’s share of the membrane filtration market?
  • What are the drivers and restraints of the Membrane Filtration Market?
  • What will the CAGR and market size of the Membrane Filtration market be throughout the forecast period?

This market is entitledmembrane filtration market It will cover the exclusive information in terms of regional analysis, forecasting, quantitative data – units, major market trends and various other information as mentioned below:

Report feature details
Market size in 2021 15.31 billion US dollars
Expected market size in 2028 17.36 billion US dollars
CAGR growth rate Compound annual growth rate of 38% from 2022 to 2028
base year 2021
Historic years 2016 – 2020
prediction years 2022 – 2028
covered slices Product type: – reverse osmosis, ultrafiltration, microfiltration, nanofiltration

Application: – Water, waste water, food, beverage, etc.

Quantitative data – units Revenues in US$ Million/Billion and CAGR from 2022 to 2028
Covered areas North America, Europe, Asia Pacific, Latin America,
Middle East and Africa
Countries covered United States, Canada, Mexico, United Kingdom, Germany, France,
Italy, Spain, China, India, Japan, South Korea, Brazil,
Argentina, the Gulf Cooperation Council and South Africa, among
Report coverage Market growth drivers, constraints, and opportunities, Porter
Five Forces Analysis, PEST Analysis, Value Chain Analysis,
Regulatory landscape, market attractiveness analysis by
sectors and region, analysis of the company’s market share,
and analysis of the impact of COVID-19.

Browse market spreadsheets and spread figures through 150 pages and in-depth TOC on Membrane Filtration Market, by Product Type (Reverse Osmosis, Ultrafiltration, Microfiltration, Nanofiltration), by Application (Water and Wastewater, Food and Beverage, etc.), by Region (North America, Europe, Asia Pacific, Middle East & Africa) – Global Assessment Industry (2016 – 2021) and outlook (2022 – 2028)” View Detailed Research Report Here –

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