Membrane Microfiltration Market Expected to Reach $12,858 Million, Globally, by 2022

Membrane Microfiltration Market

Opportunities and Forecasts, 2014- 2022

Membrane Microfiltration Market: Future & Growth • The global market was valued at $6,769 million in 2015, and is expected to reach $12,858 million by 2022 • Supported by a cagr of 9.6% during the forecast period 2014 – 2022

• Asia-pacific dominated the global market with more than one-third share in 2015 • The market is projected to remain sustained due to wellestablished pharmaceutical companies, food processing industry, waste water treatment plants

Membrane Microfiltration Market: Factors Contributing to Market Growth

• Owing to the rise in water & waste water treatment plants • Increase in food processing industry in the region • Growth in the manufacturing and R&D facilities of different pharmaceutical and biopharmaceutical companies • Significant increase in the well-equipped laboratories for diagnostic purposes to meet the needs of the patients

Membrane Microfiltration Market: Key Factors • In 2015, the cross-flow filtration mode segment accounted for half of the share of the global market.

• The organic material segment contributed the highest revenue to the global market in 2015.

• The water and waste water treatment segment is projected to grow at the fastest CAGR of 10.4% during the forecast period.

• Asia-Pacific market is projected to grow at a CAGR of 10.0% from 2016 to 2022.

Membrane Microfiltration Market Segmentation

By Filtration Mode • Cross-Flow • Direct-Flow

By Material: Organic & Inorganic • Fluorinated Polymers • Cellulosic • Polysulfones • Polyamide • Polypropylene • Inorganic Material are • Ceramics • Metals & Alloys

By End User • Hospitals & Laboratories • Pharmaceutical and Biopharmaceutical Companies • Food & Beverage • Water and Waste Water Treatment

Membrane Microfiltration Market Segmentation • Asia-Pacific region holds significantly large market share in the global market in 2015 • North America and Europe are mature markets for the use of membrane microfiltration technology in various sectors • Other regions generating market revenue are LAMEA (Latin America, Middle East, Africa)

Membrane Microfiltration Market: Key Players

• • • • • • • • •

EMD Millipore Corporation Koch Membrane Systems Inc. GE Water & Process Technologies 3M Purification Solutions Alfa Laval AB. Hyflux Ltd Kubota Corp. Pentair plc Danaher Corp. (Pall Corp.) and Sartorius Stedim Biotech S.A.

Summary: Asia-Pacific is expected to dominate the global membrane microfiltration market during the forecast period. However, the market is fairly mature in the developed countries, and the growth is projected to remain sustained due to well-established pharmaceutical companies, food processing industry, waste water treatment plants.

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