Global Membrane Separation Market to Exhibit 10.8% CAGR during 2013-2019, Demand for Water and Wastewater Treatment to Drive Growth

According to a market research report published by Transparency Market Research, the global membrane separation market is estimated to expand positively at a CAGR of 10.8% during the period between 2013 and 2019. The report, titled “Membrane Separation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” projects the global membrane separation market to be worth US$39.2 bn by the end of 2019. The overall market stood at a valuation of US$19.0 bn in 2012.

In the membrane separation technology, a semipermeable barrier controls the rate of movement of various molecules between two gaseous phases or two liquid phases or a gas and a liquid phase. The widely used membrane separation processes include ultrafiltration, microfiltration, reverse osmosis, nanofiltration, dialysis, electrolysis, membrane distillation, and others. In the recent times, the membrane separation technology has gained popularity amid rapid industrialization and water pollution.

The report points out that the growing demand for clean water from the municipal sector is driving the growth of the global membrane separation market. The rising interest in water reuse and wastewater treatment, coupled with stringent environmental regulations regarding water pollution, has boosted the demand for membrane separation. The rapid industrialization across the developing economies and the growing population in water stressed areas are expected to augment the growth of the market during the forecast horizon. However, high operational and installation costs and the lack of funds in the developing countries will restrict the growth of the market. Nevertheless, the global membrane separation market has a huge opportunity to grow with the shift towards chemical free water treatment process across industries.

In terms of process, the report broadly segments the global membrane separation market into microfiltration, reverse osmosis, nanofiltration, and ultrafiltration. Microfiltration holds more than 35% of the market. On the basis of end users, the report categorizes the market into industrial, healthcare, and water and wastewater treatment. Water and wastewater treatment is the largest end user segment and accounts for over 36% of the market.

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The report studies the membrane separation market across four key regions: Asia Pacific, North America, Europe, and Rest of the World. Owing to the growing demand from countries such as Singapore, Malaysia, Japan, India, and China, Asia Pacific is expected to contribute significantly towards the growth of the global market for membrane separation during the forecast horizon. The growth of the market in this region can be attributed to the rapid industrialization which is leading to water pollution. The increasing population in Asia Pacific and growing scarcity of potable water have compelled authorities to focus on waste water treatment measures.

Describing the competitive landscape, the report profiles some of the key players in the global membrane separation market such as Hyflux, Kubota, Asahi Kasei Corporation, Pentair X-Flow, Pall Corporation, Evoqua Water Technologies LLC, GE Water & Process Technologies, IDE Technologies, TriSep Corporation, 3M Company, The Dow Chemical Company, Koch Membrane Systems Inc., and Sartorius AG. The report further provides insightful information about the key players including their product segments, financial performance, and strategic developments.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Membrane Separation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019

In its latest research report published recently, Transparency Market Research, the membrane separation sector across the globe is was valued at USD 19.0 billion in 2012, but is expected to reach a growth of a CAGR of 10.8% between 2013 and 2019. This rise will see the market’s valuation at of USD 39.2 billion by 2019. The report titled, “Membrane Separation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”, is available for sale on the company’s website.

As the world in reeling under the pressure of scarce clean water, the government regulations for providing the same are only getting stricter by the day. Compulsion to follow these rules, and to cater for the exponentially rising need for clean processed water have become the greatest market drivers for membrane separation processes, as it happens to be the most commonly known process for cleaning water. Another factor contributing to the rise of membrane separation industry is the change from chemical treatment of water to a physical treatment, as the former is considered to be an environmental hazard along with its disposal costs. It is also the awareness of global water shortage that has demanded water reuse in water stressed areas. Membrane separation is a process used by various sectors such as healthcare, industrial sectors, and water and wastewater treatment.

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Since Clean Water Act by the government has made adherence to environmental standards mandatory, demand for clean water is looked through the lens of membrane separation technology. In addition to the awareness of degenerative effects of poor environmental standards, the Governments and municipalities across the world are seriously considering use of better technology to treat and reuse water. This change in perception of the water treatment technologies is speedily driving the membrane separation technology.

he membrane separation technology is divided in four parts, namely, reverse osmosis, nanofiltration, ultrafiltration, and microfiltration. Over 35% of global market share is held by microfiltration, while water & wastewater holds 36% global market share in the end-user market.

From 2010 to 2013 the global membrane separation market has seen a rise from USD 19.0 billion to USD 21.2 billion. By 2019 it is expected to a touch a figure of USD 13.8 billion. Water & wastewater sector became the biggest user of membrane separation technology in 2012. From 2013 to 2019 this figure is expected to rise at CAGR of 11.1%.

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The membrane separation technology market is segmented with several players in the market providing this solution. However, these companies are making and selling different types of membrane products such a reverse osmosis, ultrafiltration, and nanofiltration globally.

Some of the biggest companies into manufacturing all the products in membrane separation technology are, Evoqua Water Technologies, Veolia Environnement, Koch Membrane Systems Inc., Pall Corporation, Merck Millipore, 3M Company, Degremont SA, Dow Chemical Company, GEA Filtration, and Nitto Denko Corporation.

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About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.