Global reverse osmosis membrane market is estimated to be valued at USD 4.14 Bn in 2024 and is expected to reach USD 8.11 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 10.1% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 4.14 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
10.10% |
2031 Value Projection: |
US$ 8.11 Bn |
Figure 1.Global Reverse Osmosis Membrane Market Share (%), By Region, 2024
Global reverse osmosis membrane market has witnessed significant growth in the last few years due to growing demand for fresh and clean water across various end-use industries. Reverse osmosis is a water purification technology that uses a semipermeable membrane to remove ions, molecules and larger particles from drinking water. It eliminates more than 90% of dissolved salts and organic molecules from contaminated water, making it fit for human consumption. Factors such as limited availability of water resources, growing population and rapid urbanization are expected to drive the need for advanced water treatment technologies like reverse osmosis.
Market Dynamics:
Global reverse osmosis membrane market growth is driven by increasing demand for fresh water across households as well as industries. The limited availability of potable water sources worldwide is compelling industries and households to adopt advanced water treatment technologies for purification. However, the market faces restraints from the high capital and maintenance cost associated with reverse osmosis systems. Meanwhile, growing investments in water infrastructure development especially in developing nations provides market opportunities. Reverse osmosis membrane manufacturers are focusing on developing advanced, cost-effective membranes with improved efficacy and service life to leverage opportunities.
Key features of the study:
- This report provides in-depth analysis of the global reverse osmosis membrane market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global reverse osmosis membrane market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Alfa Laval, Axeon, Dupont Water Solutions, Hydramem, Hydranautics, KeenSen, Koch Separation Solutions, Lenntech, LG Chem, Mann+Hummel Water & Fluid Solutions, Membranium, Merck, Pall Water, Parker Hannifin Corporation, Suez Water Technologies & Solutions, Toray Industries, Inc., Toyobo Co. Ltd., Lenntech, Hi-Tech, Samco Technologies, Inc , and Nitto Denko Corporation.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global reverse osmosis membrane market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global reverse osmosis membrane market.
Detailed Segmentation-
- Type:
- Thin-film Composite
- Cellulose-based Membranes
- Filter Module:
- Spiral Wound
- Hollow Fiber
- Tubular
- Plate and Frame
- Application:
- Desalination
- Utility Water Treatment
- Wastewater Treatment & Reuse
- Process Water
- End Use:
- Water & Wastewater Treatment
- Industrial Processing
- Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Alfa Laval
- Axeon
- Dupont Water Solutions
- Hydramem
- Hydranautics
- KeenSen, Koch Separation Solutions
- Lenntech
- LG Chem
- Mann+Hummel Water & Fluid Solutions
- Membranium
- Merck
- Pall Water
- Parker Hannifin Corporation
- Suez Water Technologies & Solutions
- Toray Industries, Inc.
- Toyobo Co. Ltd.
- Lenntech
- Hi-Tech
- Samco Technologies, Inc
- Nitto Denko Corporation