Overview and Scope
Membrane filtration refers to a physical separation method used for separating dissolved materials, colloids, or fine particles from solutions. Membrane filtration is a pressure-driven separation process that can separate molecules of different sizes and characteristics. These filtration techniques are commonly used in chemical and biotechnology processes.
Sizing and Forecast
The membrane filtration market size has grown strongly in recent years. It will grow from $16.6 billion in 2023 to $18.01 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to water and wastewater treatment needs, pharmaceutical and biotechnology applications, food and beverage industry requirements, growing dairy industry, environmental regulations compliance.
The membrane filtration market size is expected to see strong growth in the next few years. It will grow to $24.44 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to biopharmaceutical industry expansion, rising demand for processed foods, advancements in healthcare practices, technological innovations in filtration, global population growth. Major trends in the forecast period include expansion in pharmaceutical and biotechnology applications, rising demand for membrane bioreactors in wastewater treatment, integration of membrane filtration in food and beverage processing, advancements in hollow fiber membrane technology, increasing use of membrane filtration in the healthcare sector.
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Segmentation & Regional Insights
The membrane filtration market covered in this report is segmented –
1) By Type: Reverse Osmosis, Ultrafiltration, Microfiltration, Nanofiltration
2) By Module Design: Spiral Wound, Tubular Systems, Plate & Frame, Hollow Fiber
3) By Membrane Material: Polymeric, Ceramic
4) By End User: Wastewater Treatment, Healthcare, Food & Beverage, Other End Users
Asia-Pacific was the largest region in the membrane filtration market share in 2023. The regions covered in the membrane filtration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing cases of water pollution and waterborne diseases is expected to drive the growth of membrane filtration market. Water pollution occurs when toxic substances, often chemical products or microorganisms, are discharged into a stream, river, lake, or ocean. Such occurrences of water pollution cause the scarcity of pure and drinkable water. Due to the sheer rise in water pollution, there is an increase in waterborne diseases. These membrane filtration serve as a viable alternative for water treatment through microfiltration or ultrafiltration that enhance the water quality by removing the particles contaminating the water. For instance, in July 2023, according to the Environment Agency, a UK-based non-departmental public body, there were 2,026 instances of sewage and water supply infrastructure issues reported in July 2022. This is an increase from the 1,883 incidents reported in 2021. Out of these, 368 cases impacted water supply assets, with the majority of them (345) being from the water distribution system. This is a significant increase from the 189 cases reported in 2021. Therefore, the increasing cases of water pollution and waterborne diseases will propel the growth of the membrane filtration market.
Key Industry Players
Major companies operating in the membrane filtration market report are Pall Corporation, Koch Membrane Systems Inc., Pentair Plc., 3M Company, Porvair Filtration Group, GEA Group AG, Suez Water Technologies and Solutions, Alfa Laval AB, Veolia Environnement S.A., DowDuPont Inc., Prominent GmbH, Nitto Denko Corporation, Synder Filtration Inc., Merck KGaA, Toray Industries Inc., The Wabag Group, The Dow Chemical Company, Cytiva Corporation, Asahi Kasei Corporation, Suez S.A., Thermo Fisher Scientific Inc., Parker-Hannifin Corporation, Graver Technologies LLC, Repligen Corporation, Hyflux Ltd., Microdyn-Nadir GmbH, Polymem S.A.S., Membrane Solutions LLC, Evoqua Water Technologies LLC, Aquaporin A/S,
The membrane filtration market report table of contents includes:
- Executive Summary
- Membrane Filtration Market Characteristics
- Membrane Filtration Market Trends And Strategies
- Membrane Filtration Market – Macro Economic Scenario
- Global Membrane Filtration Market Size and Growth
- Membrane Filtration Market Segmentation
- Membrane Filtration Market Regional And Country Analysis
…………….
- Key Mergers And Acquisitions In The Membrane Filtration Market
- Membrane Filtration Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Membrane Filtration Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Membrane Filtration Market, Segmentation By Module Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Membrane Filtration Market, Segmentation By Membrane Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……….
Table 75: Pall Corporation Financial Performance
Table 76: Koch Membrane Systems Inc. Financial Performance
Table 77: Pentair Plc. Financial Performance
Table 78: 3M Company Financial Performance
Table 79: Porvair Filtration Group Financial Performance
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