Global Study on Membrane Separation Market, 2019 : PMR
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Global Membrane Separation Market Will Reach USD 39.2 Billion in 2019 : Persistence Market Research
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Global Study on Membrane Separation Market, 2019 : PMR Persistence Market Research Released New Market Report According to a new market report published by Persistence Market Research “Global Market Study on Membrane Separation: Water & Waste Water Segment to Witness Highest Growth by 2019,” the global membrane separation market was valued at USD 19.0 billion in 2012 and is expected to grow at a CAGR of 10.8% from 2013 to 2019, to reach an estimated value of USD 39.2 billion in 2019.
According to a recent market report published by Persistence Market Research, the global membrane separation market is estimated to grow healthily at a CAGR of 10.8% during the period between 2013 and 2019. The membrane separation market was worth US$19.0 billion in 2012. The report forecasts the overall market to reach a valuation of US$39.2 billion by 2019. Request Customize Full TOC: http://www.persistencemarketresearch.com/toc/2888
Membrane separation technology is widely used for water and wastewater treatment. Water quality is emerging as a global concern, as degradation of water quality will impact the social and economic landscape of the world.
It is estimated that about 50% of the world’s population will not have enough drinking water by 2050 owing to environmental pollution and rise in population. According to the United Nations’ World Water Development Report 2012, around 3.5 million deaths occur each year due to inadequate water supply, especially in developing economies.
Membrane separation processes are mainly implemented to desalinate seawater, demineralize boiler feed water, and process groundwater, wastewater, and surface water. Membrane separation techniques are preferred over other conventional techniques due to their lesser use of chemicals and efficient use of energy in the process. The norms and regulations regarding drinking water quality set up by authorities such as the Environmental Protection Agency, and the World Health Organization have led to growing demand for membrane separation processes such as nano filtration, reverse osmosis, ultrafiltration, and microfiltration.
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Global Study on Membrane Separation Market, 2019 : PMR Worldwide industrial expansion has contributed significantly towards the pollution of water bodies. It is estimated that more than 80% of used water across the globe is not treated or collected. Various government initiatives such as the Clean Water Act in the U.S. to provide clean drinking water to the masses have boosted the global membrane separation market.
The oil and petroleum industries in the Gulf and European countries such as Germany and Italy have stressed on membrane separation technology, which has contributed towards the growth of the market. Membrane separation techniques are also used in the healthcare sector. Rising interest in water reuse and wastewater treatment to curb pollution has propelled the overall membrane separation market.
However, membrane separation processes require high operational and installation costs, owing to the need for cleaning and maintenance of the tubular membranes and plate and frame membranes. Fouling on a membrane requires a combination of cleaning techniques. In developing economies, lack of funds has negatively impacted the membrane separation market and has led to the adoption of other low-cost water cleaning processes. Some of the low-cost alternatives used to treat drinking water are coagulation and flocculation, aeration, chemical disinfection, and solar disinfection. Desalination and disinfection systems powered by renewable energy are increasingly adopted in developing economies.
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Chemical water treatments are perceived as an environmentally unclean technology with high associated disposal costs. A shift towards chemical-free water treatment processes in various industries has created new opportunities for the global membrane separation market.
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Market History: Mandatory government regulations and increasing demand for clean processed drinking water is propelling the water processing industry to provide the public with clean processed drinking water free of impurity. Providing growth opportunity for water treatment industry among which, Membrane separation technology is one of the most popular methods used for cleaning water. Shifting from chemical to physical treatments of water is also a major driver as chemical treatments are perceived as an environmentally unclean technology with associated disposal costs. Additional awareness of water scarcity has influenced the demand for water reuse in water stressed areas. Governments and municipal authorities are increasingly waking up to the effects of environmental degradation on the economy. Worldwide industrial expansion and growing population are propelling the demand for better water treatment technology, providing growth opportunity for the global market of membrane separation technology. Additionally, the oil and petroleum industry is well established in the gulf and European countries such as Italy and Germany which involve membrane separation technology for liquid separation. Expansion of such industry is expected to increase the overall demand for membrane separation technology. Membrane separation technology is bifurcated into four major processes, microfiltration, ultrafiltration, nanofiltration and reverse osmosis. Microfiltration dominates the market with more than 35% global market share in 2012. Whereas water & wastewater dominates the end-user market with 36% global market shares in 2012. The global membrane separation market grew from USD 19.0 billion in 2010 to USD 21.2 billion in 2013.
European membrane market (largest in 2013) is expected to reach USD 13.8 billion in 2019, growing at a CAGR of 9.6%. In 2012 water & wastewater sector was the major end-user of membrane separation technology and is expected to increase at a CAGR of 11.1% during
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Global Study on Membrane Separation Market, 2019 : PMR 2013-19. The membrane separation market is fragmented with several players in the market supplying membrane separation products to the end-users (water and wastewater, industrial and healthcare) in the market. Major companies operating in the membrane separation technology market and manufacturing all four products (microfiltration, ultrafiltration, nanofiltration and reverse osmosis) are Evoqua Water Technologies, Pall Corporation, Koch Membrane Systems Inc., Merck Millipore, Degremont SA, Dow Chemical Company, GEA Filtration, 3M Company, Nitto Denko Corporation and Veolia Environnement.
About Us: Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
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