News & Insights

Wastewater Reverse Osmosis Membrane Market worth $1.6 billion by 2028 – At a CAGR of 9.9%

Published: January 17, 2024
Author: TEXTILE VALUE CHAIN

As per the recently published report by MarketsandMarkets™, The  Wastewater Reverse Osmosis Membrane Market by Type (Cellulose Acetate, Thin Film Composite), Application (Residential,Commercial, Industrial), And Region (North America, Europe, APAC, South America, Middle East & Africa) – Global Forecast to 2028″, is projected to reach USD 1.6 billion by 2028, at a CAGR of 9.9% from USD 0.9 billion in 2023. The growth of the global wastewater reverse osmosis membrane market is driven by increasing demand for wastewater treatment. The declining freshwater resources and the government regulations for the treatment of industrial and municipal wastewater are also driving the wastewater reverse osmosis membrane market.

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  • 221 Market data Tables
  • 50 Figures
  • 200 Pages and in-depth TOC on “Wastewater Reverse Osmosis Membrane Market – Global Forecast to 2028”

This Report also Provides a Comprehensive Analysis of the Companies Listed below:

The key global players in the wastewater reverse osmosis membrane market are DuPont (US), Toray Industries, Inc. (Japan), Veolia (France), Alfa Laval (Sweden), LG Chem (South Korea), Hydranautics (US), KOCH Separation Solutions (US), Mann + Hummel Water & Fluid Solutions GmbH (Germany), Membranium (Russia), and Toyobo Co. Ltd (Japan) among others. These companies are strong in their home regions and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new product launches and other expansions.

Recent Developments in Wastewater Reverse Osmosis Membrane Market Industry

  1. In September 2023, LG Chem has opened its first coustmer solution center in Europe. This has helped company to expands and strengthen its presence in Europe.
  2. In June 2023, Veolia has broadened its fleet of mobile water services in China, encompassing reverse osmosis, ultrafiltration, nanofiltration, and deionization units. This expansion positions the company to serve diverse industries and provide customers with mobile water treatment technologies and expertise at any time and location.
  3. In January 2023, Koch Separation Solutions (KSS) collaborated with Aqana to provide anaerobic wastewater treatment technology to industrial clients in North America. This strategic partnership has enhanced the company’s product portfolio for industrial wastewater treatment.
  4. In July 2022, Toray Industries, Inc. recently expanded its wastewater treatment plant in China, located in Baoding, Hebei Province. This state-of-the-art facility is one of the largest in China and specializes in manufacturing hollow fiber ultrafiltration membrane modules. With a daily treatment capacity of 315,000 cubic meters, it has significantly contributed to the company’s ability to deliver cutting-edge technology and water treatment membrane products of the highest quality.
  5. In December 2021, DuPont has joined forces with Water.org, a non-profit organization dedicated to providing innovative solutions that eliminate financial obstacles for individuals in poverty to access safe water and sanitation. This collaboration has played a crucial role in expanding global access to safe water, particularly in communities that are most susceptible to the impacts of water scarcity. By combining DuPont’s technical expertise in water filtration and purification solutions with Water.org’s proficiency in pioneering market-driven financial solutions for the global water crisis, the partnership has made significant strides in addressing water challenges around the world.

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Toray Industries, Inc – Toray Industries, Inc. is a leading integrated chemical industry group headquartered in Tokyo, Japan. The company operates in various business segments, namely, fibers & textile, performance chemicals, carbon fiber composite materials, environment & engineering, life science, and other services. The company provides water treatment membranes, water treatment systems, and water purifiers under its environment & engineering segment and provides RO membranes through a separate division called Toray Membrane. This division provides a wide product portfolio, which includes a full range of cross-linked polyamide composite membranes.
In July 2022, Toray Industries, Inc. significantly enhanced its wastewater treatment facility in China, located in Baoding, Hebei Province. This state-of-the-art plant, among the largest in the country, specializes in producing hollow fiber membrane modules. With a daily treatment capacity of 315,000 cubic meters, the advanced facility has enabled the company to deliver cutting-edge technology and superior water treatment membrane products.

LG Chem – 
LG Chem is one of the largest chemical companies in South Korea. The group is engaged in petrochemicals, energy solutions, advanced material business, and life science business. The company offers RO membranes under its advanced material business. The company covers broad spectrum of applications, ranging from industrial water treatment to residential water purification systems. The company’s RO membranes are designed to deliver high-performance filtration, ensuring the removal of impurities, contaminants, and salts from water, thereby producing clean and potable water. LG Chem has NanoH2O RO membrane product line, which has a wide range of products for desalination, industrial wastewater treatment, water-reuse, potable water, and others. This product range caters to the needs of various customers.

In July 2023, The company has invested USD 100 million in Cheongju RO membrane plant. This expansion will double the water treatment business of company within 5 years and will help in strengthen their position as global leader in ro membrane.

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