Market Research Report
Membranes - Global Market Outlook (2018-2027)
|Published by||Stratistics Market Research Consulting||Product code||928526|
|Published||Content info||144 Pages
Delivery time: 2-3 business days
|Membranes - Global Market Outlook (2018-2027)|
|Published: February 20, 2020||Content info: 144 Pages||
According to Stratistics MRC, the Global Membranes Market accounted for $4.96 billion in 2018 and is expected to reach $12.68 billion by 2027 growing at a CAGR of 11.0% during the forecast period. Growing awareness regarding water treatment, increasing use of membranes for different applications, and the cost-effectiveness of membrane separation over other methods are the factors driving the market growth. However, stringent regulations imposed on manufacturers may hinder the market growth.
A membrane is a selective barrier which allows certain things to pass through while preventing others. Such things may be molecules, ions, or any small particles. The degree of selectivity of a membrane depends on the size of the membrane pore.
By technology, nanofiltration (NF) segment is anticipated to hold considerable market share during the forecast period due to its increasing applications in various fields. Increasing industrialization and growing population also propel the growth of this segment. Based on geography, Asia Pacific is going to have a lucrative growth during the forecast period. Increasing investment water treatment and government regulations are fueling the market growth in this region.
Some of the key players profiled in the Membranes Market include Asahi Kasei, DuPont , Koch Membranes Systems, Parketr Hannifin, GE Water & Process Technologies, Axeon Water Technologies, Nitto (Hydranautics), Corning, Hyflux, GEA Group AG, Pentair, Merck Millipore, LG Water Solutions, Toray, Suez, and Pall Corp.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.