The report “Membranes Market by Material (Polymeric, Ceramic), Technology (Reverse Osmosis (Ro), Ultrafiltration (Uf), Microfiltration (Mf), Nanofiltration (Nf)), Application (Water & Wastewater Treatment, Industrial Processing), Region – Global Forecast to 2029″, is projected to reach USD 11.1 billion by 2029, at a CAGR of 8.6% from USD 7.4 billion in 2024. The membranes market is driven by increasing awareness about water & wastewater treatment, stringent wastewater regulations, shift from chemical to physical treatment of water, and increasing demand from end-use industries. Ongoing advancements in membrane materials, including polymeric and ceramic membranes, along with improvements in manufacturing processes, have significantly increased the efficiency, durability, and cost-effectiveness of membrane systems.
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- 230 Market data Tables
- 45 Figures
- 250 Pages and in-depth TOC on “Membranes Market – Global Forecast to 2029”
Some of the prominent key players are:
- DuPont (US)
- Toray Industries, Inc. (Japan)
- Hydranautics (US)
- Kovalus Separation Solutions (US)
- Pall Corporation (US)
- Veolia (US)
- Pentair (UK)
- Asahi Kasei Corporation (Japan)
- LG Chem (South Korea)
- Mann+Hummel (Germany)
- The 3M Company (US))
Driver: Increasing awareness about water & wastewater treatment
Water is indispensable for human survival and is a vital component of industrial progress. As populations grow and industries expand, the demand for water rises, necessitating the use of membranes in water and wastewater treatment processes. Concerns regarding wastewater disposal and the quality of drinking water further fuel the demand for membrane technology. Additionally, increasing awareness of personal hygiene drives the need for clean drinking water, consequently boosting the demand for membrane-based water treatment solutions. The scarcity of pure water has created opportunities for membrane applications in brackish water purification plants. Stringent purity standards and environmental regulations governing drinking water and industrial wastewater discharge drive extensive membrane-based water and wastewater treatment activities. In the United States, legislation mandates the provision of clean and ample water to citizens, while the European Union’s bathing water standards policy ensures public health protection through clean bathing water regulations. These regulatory measures are expected to escalate water and wastewater treatment processes worldwide.
