The report “Reverse Osmosis (RO) Membrane Market by Type (Thin-film Composite Membranes, Cellulose Based Membranes), End-use Industry (Water & Wastewater treatment, Industrial Processing), Filter Module, Application, and Region – Global Forecast to 2026” The global RO membrane market size is projected to reach USD 5.0 billion by 2026 from USD 3.1 billion in 2021, at a CAGR of 10.0% during the forecast period. The growing requirement for RO membrane in water & wastewater treatment is driving the market. In addition, increasing water scarcity and evolving government regulations mandating treatment of industrial and municipal wastewater are also driving the RO membrane market. The increase in demand for industrial process water and growth in urbanization in the emerging economies, such as APAC, Middle East & Africa, and South America, are also driving the market.
Browse
• 206 Market data Tables
• 46 Figures
• 217 Pages and in-depth TOC on “Reverse Osmosis (RO) Membrane Market – Global Forecast to 2026″
Some of the prominent key players are:
- DuPont Water Solutions (US)
- Toray Industries (Japan)
- Suez Water Technologies and Solutions (US)France)
- Hydranautics (US)
- LG Chem (South Korea)
- Koch (US)
- Mann Hummel Water & Fluid Solutions (Germany)
Opportunity: Growing demand from emerging economies
The need for water desalination from seas and oceans is likely to increase in the developing countries. Countries in the MENA and South America are establishing water desalination and brackish water treatment units to deal with water scarcity problems. RO membrane is the leading technology for seawater and brackish water desalination and accounts for a significant portion in all desalination plants, as it consumes less energy compared to other technologies. The surge in demand for RO membranes in water treatment processes, especially in the countries of Asia Pacific and the Middle East & Africa is accounted by the increase in demand for potable water in developing economies for drinking, agriculture, and other industries.
Based on type, thin-film composite membranes is estimated to be the largest market in the overall RO membrane market in 2021.
Thin-film composite membranes are widely for water & wastewater treatment. Thin-film composite membranes are semi-permeable membranes that are manufactured primarily for use in water purification or desalination systems. These membranes have high rejection for undesirable materials such as metal ions and salts, good mechanical strength, and high filtration rate. In addition, these membranes possess good chemical and mechanical stability and portray excellent membrane formability characteristics.
Based on region, APAC is projected to grow the fastest in the RO membrane market during the forecast period.
APAC is projected to be the fastest-growing region amongst others in the RO membrane market during the forecast period, in terms of value. Increasing government initiatives in providing water access to all, rise in population, and increased urbanization are driving the market in APAC. China, Japan, and India are the major markets in this region. In addition, growing industrial activities, residential & commercial sector growth in countries such as Singapore, China, Malaysia, Thailand, Vietnam, Indonesia, India, and others, are also driving the market growth of water & wastewater treatment in the RO membrane industry.
