PUBLISHER: The Business Research Company | PRODUCT CODE: 1270538
PUBLISHER: The Business Research Company | PRODUCT CODE: 1270538
“Reverse Osmosis (RO) Membrane Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on reverse osmosis (ro) membrane market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for reverse osmosis (ro) membrane? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The reverse osmosis (ro) membrane market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Major players in the reverse osmosis (ro) membrane market are DuPont de Nemours Inc., Toray Industries Inc., Hydranautics, Koch Industries Inc., Mann+Hummel, Membranium, Toyobo Co. Ltd., AXEON Water Technologies, Suez-Lyonnaise des Eaux, Microdyn-Nadir GmbH, Keensen Technology Co. Ltd., Lanxess AG, Dow Chemical Company, Vontron Technology Co Ltd., Merck & Co. Inc., Pall Water, Parker Hannifin Corporation, Lenntech Water Treatment Solutions, Hydramem, Alfa Laval AB, and GE Water and Process Technologies.
The global reverse osmosis (RO) membrane market is expected to grow from $5.69 billion in 2022 to $6.26 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The reverse osmosis (RO) membrane market is expected to grow to $8.93 billion in 2027 at a CAGR of 9.3%.
The reverse osmosis (RO) membranes market consists of sales of cellulose acetate or polysulfone membranes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Reverse osmosis membrane refers to a semipermeable membrane used to move solvent through from a solution to a pure solvent by applying excess pressure on the solution side. It is used to separate dissolved solutes from water and is well recognized for its application in drinking water purification, particularly in the removal of salt and other effluent elements from water molecules.
North America was the largest region in the reverse osmosis (RO) membrane market in 2022. The regions covered in the reverse osmosis (RO) membrane market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of reverse osmosis (RO) membranes are thin-film composite membranes and cellulose-based membranes. Thin-film composite membranes are semipermeable membranes primarily used in water purification or desalination systems. for water desalination. The filter module involved are spiral wound, hollow fiber, tubular, plate, and frame that are used for desalination, utility water treatment, wastewater treatment and refuse, process water applications by water and wastewater treatment, and industrial processing end users.
The increasing demand for clean drinking water is expected to propel the demand for the reverse osmosis membrane market going forward. Clean water is a kind level water with less than 0.5 parts per 1000 dissolved parts. Clean drinking water is essential for good health and well-being. Each person on earth requires between 20 and 50 liters of safe water a day for drinking, cooking, and basic hygiene which is cleaned by reverse osmosis membrane application. For instance, in 2020, according to the world health organization, a Switzerland-based agency of the United Nations responsible for international public health, in 2020, globally 5.8 billion people used safely managed drinking water services which means they used better water sources that were on-site, available when needed, and free of contamination. The remaining 2 billion people without safely managed services in 2020 included 1.2 billion people with basic services, or an improved water source within a 30-minute round trip, 282 million people with limited services, or an improved water source that requires more than 30 minutes to collect water, 368 million people using unprotected wells and springs, and 122 million people collecting untreated surface water from lakes, ponds, rivers, and strewn areas. Therefore, the increasing demand for clean drinking water is driving the growth of the reverse osmosis membrane market.
Product innovation is a key trend gaining popularity in the reverse osmosis membrane market. Major companies operating in the market are developing innovative products to gain a competitive advantage in the market. For instance, in January 2020, DuPont Water Solutions, a US-based solving water challenges company launched SWRO (Seawater Reverse Osmosis. Newly launched next-generation SWRO (Seawater Reverse Osmosis) technology enables customers to transition from wet to dry testing, which increases shelf life and offers more flexibility for storage. In addition, dry SWRO improves sustainability, safety, and ergonomics during operation. Dry Seawater reverse osmosis products will continue to meet or exceed membrane performance standards to achieve long-term operational benefits.
In April 2021, Komline-Sanderson Corporation, a US-based manufacturer of liquid-solid separation systems acquired Harn R/O Systems Inc. for an undisclosed amount. Through this acquisition, Komline-Sanderson Corporation will broaden its product range by introducing reverse osmosis, nanofiltration, and low-pressure membrane treatment systems tailored to individual customer requirements. Harn R/O Systems, Inc. is a US-based company in the membrane treatment industry that provides reverse osmosis and nanofiltration membrane systems for industrial and municipal water treatment applications.
The countries covered in the reverse osmosis (RO) membrane market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The reverse osmosis (RO) membrane market research report is one of a series of new reports from The Business Research Company that provides reverse osmosis (RO) membrane market statistics, including reverse osmosis (RO) membrane industry global market size, regional shares, competitors with reverse osmosis (RO) membrane market share, detailed reverse osmosis (RO) membrane market segments, market trends, and opportunities, and any further data you may need to thrive in the reverse osmosis (RO) membrane industry. This reverse osmosis (RO) membrane market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.