Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of “Membrane Separation Technologies Market - which is forecasted from 2020 to 2027”.
The prime factor driving the growth need for wastewater treatment technologies and, as a result, membrane separation technology is increasing due to rising population, loss of water resources, and contaminants of ground and surface water bodies.
As per the report, the Membrane Separation Technologies Market is expected to grow at a CAGR of 10.44% to reach US$4.709 billion by 2027, from US$2.349 billion in 2020.
The growing demand for selective separation technology to meet water quality regulations, as well as high knowledge about water and wastewater treatment. Furthermore, tight environmental regulatory and sustainability laws will boost demand for membrane separation technologies. Significant factors such as an increase in disposable income and increased urbanisation are also propelling the market. The market for membrane filtration technology will increase at a faster rate as the biopharmaceutical industry expands and older technologies are phased out. Furthermore, rising water consumption in industrial operations and a high need for portable water to meet the growing population and technological advancements will rise the demand from end-user industries.
The membrane separation technology market's growth rate will be hampered by the high costs connected with the technology. High equipment prices and the advent of unfavourable conditions as a result of the COVID-19 epidemic may also hinder the growth of the membrane separation technology industry. The increasing membrane lifespan will act as a major restraint on the membrane separation technology market's growth rate.
Based on the membrane material, the segment is divided into cellulose membrane, synthetic polymer membrane, mineral membrane, hybrid membrane and others. Cellulose acetate is used to manufacture cellulose-based membrane filters, which can be used for biological and clinical investigations, sterility tests, and scintillation studies. The hydrophilic nature of cellulose acetate membrane filters allows them to be employed in both aqueous and alcoholic solutions. It can also be utilised in cell culture media and serum for non-sensitive cell lines.
Based on the by Pore Size, the segment is divided into microfiltration (MF), ultrafiltration (UF), nanofiltration (NF), Reverse Osmosis (RO) and Others.The technologies are utilised for the manufacture of deionised water, seawater salinity, landfill discharge treatment, and have a pore size of less than one nanometer. Traditional thermal desalination technologies including Multiple Effect Distillation and Multistage Flash Distillation (MSF) have a much lower recovery rate than reverse osmosis (MED). As a result, in saltwater desalination plants all over the world, reverse osmosis industry is increasingly eliminating the thermal desalination process.
Based on application, the segment is divided into drinking-Water, wastewater Treatment, Food and Beverage, Pharmaceutical Biotechnology and Others. To protect the environment, several governments and regulatory organisations have created a slew of regulations and directives regulating water treatment and disposal. Industry adoption of environmentally friendly wastewater treatment techniques is being influenced by strict implementation of these rules, which is influencing the market growth.
Based on geography segmentation, the market of canned food is segmented into Asia Pacific, North America, South America, Europe, the Middle East and Africa regions. The Asia Pacific region is expected to outstand the market due to the region's growing water population and expanding environmental concerns, as well as rigorous government laws for managing sewage disposal from a municipal sources and a growing number of government efforts to promote sustainable development. has grown while the North America region is expected to project exponential growth prospects.
As a part of the report, the major players operating in the membrane separation technologies market, that have been covered are 3M Purification Solutions, APPLIED MEMBRANES INC, SUEZ, DuPont and Dow, Merck Group, Evoqua Water Technologies LLC, GEA, Hyflux Group, Koch Industries, Inc, Pure Aqua, Inc
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-membrane-separation-technologies-market
This analytics report segments membrane separation technologies market on the following basis