This can be attributed to factors including growing environmental concerns and government regulations pertaining to water and waste-water treatment. High investments in industrial equipment on account of increasing manufacturing activities are expected to favorably impact market growth over the forecast period.
According to a new study by Grand View Research, Inc., The Membrane Separation Market is expected to witness growth over the forecast period.
According to a new study by Grand View Research, Inc., The Membrane Separation Market is expected to witness growth over the forecast period.
Membrane separation systems help industries re-use waste-water and reduce water footprint. Increased R&D activities and development of membrane separation processes and applications such as hybrid forward osmosis and forward osmosis for water desalination are expected to positively impact market growth over the next few years. Lack of sufficient funds in developing countries along with high operational and installation costs may hamper market growth.
Microfiltration emerged as the dominant product segment in 2013, accounting for over 30% of the membrane separation market in the same year. These cost effective membranes are used across a diverse range of applications, which is expected to drive market growth. Ultrafiltration is expected to be a high growth segment, which can be attributed to its ability to retain high concentrates, which help minimize disposable cost for several industries.
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Water & waste-water treatment application segment contributed over 35% to the overall market share in 2013. Growing environmental concerns coupled with stringent regulations related to water and waste-water treatment are expected to drive market growth.
Top Players of Membrane Separation Market:
Key market players include 3M Purification Inc, GEA Filtration., Koch membrane systems, Pall Corporation, Merck Millipore, Nitto Denko Corporation, Veolia Environnement and Dow Chemical Company.
Market Segmentation of Membrane Separation Market:
The Global Membrane Separation Market segmented on the basis of Product, Application and Region.
By Product:
Microfiltration
Ultrafiltration
Nanofiltration
Reverse Osmosis
By Application:
Water & Waste-water Treatment
Industrial
Healthcare
By Region:
North America
Europe
Asia Pacific
RoW
Inquire about Membrane Separation Market with Our Experts @ https://www.grandviewresearch.com/inquiry/704
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