Membrane separation technology sought after 2022 market size exceeded 28 billion US dollars

The membrane separation technology market will grow from 18.55 billion U.S. dollars in 2016 to 28.1 billion U.S. dollars in 2022 at a compound annual growth rate of 7.2%. Water and Wastewater Treatment, medicine, food and beverage, industry is the four pillars of the development of membrane separation industry. The expansion of the pharmaceutical and industrial sectors in North America and Asia Pacific has driven demand for the membrane separation technology market.

Membrane separation technology sought after 2022 market size exceeded 28 billion US dollars

From a technical point of view, membrane separation techniques include reverse osmosis, ultrafiltration, microfiltration, nanofiltration and other means. Among them, reverse osmosis the most cost-effective and energy-saving features, which accounted for the largest technology market share. Reverse osmosis desalination has also become widely used in seawater, desalination of a technology choice. In addition, Nanofiltration is expected to be the fastest growing technology in the membrane separation technology market with its ability to separate particles to 0.002 μm.

From the specific application point of view, water and wastewater treatment membrane separation technology needs the most. Seawater desalination, Sewage Treatment, Industrial Wastewater Treatment, natural mineral Water Treatment , the use of membrane separation technology is growing. In addition, the medical application maximizes the value of this technology.

Geographically, the Asia Pacific region will dominate the membrane separation technology market, the fastest growing. Mainly due to the vast space for membrane separation in the water treatment and wastewater treatment, pharmaceuticals and food medical fields in China and India.

The key players mentioned in the report include: Dow Chemicals in USA, 3M in USA, GE Water Treatment in Japan, Toray Co., Ltd., Merck & Mills Co., Ltd., Asahi Kasei Co., Ltd., Hyderabad, United States Danaher, Britain Pentair, the United States Coriolis filter.

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