The global demand for Membrane Separation Technology Market is presumed to reach the market size of nearly USD 84.11 BN by 2030 from USD 25.22 BN in 2022 with a CAGR of 14.32% under the study period 2023 - 2030.
Membrane separation technology encloses the scientific and engineering methods for purification & isolation of substances through or by a unique membrane. A membrane is a thin layer with distinct absorption qualities. Membrane separation involves the separation & purification of a specific component from the rest of the mixture. This technology has properties like permeability, durability, porosity, stability, and selectivity, which makes it an essential element in various industrial processes. This technology is extensively utilized in wastewater treatment, industrial, laboratory, medical, food & beverage, and other research applications. The main objective of membrane separation is to purify, concentrate, sterilize, or separate samples.
The global market growth is driven by many factors, such as government restrictions of untreated wastewater discharge and the necessity for selective separation technology for meeting water quality standards. Furthermore, the growing acceptance of technology in the desalination of seawater has also assisted in market growth.The usage of membrane separation technology in the dairy processing & food and beverage industries has scaled up which is expected to augment the market growth. In addition, to the government's stringent laws and sustainability policies regarding the environment, the progress of the biopharmaceutical industry is expected to have a favorable impact on the ubiquitous use of membrane separation technologies.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of membrane separation technology. The growth and trends of membrane separation technology industry provide a holistic approach to this study.
This section of the membrane separation technology market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Technology
By Application
This section covers the regional outlook, which accentuates current and future demand for the Membrane Separation Technology market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the membrane separation technology market include Merck KGgA, Toray Industries Inc., Pentair plc, Hydranautics, AXEON Water Technologies, GEA Group Aktiengesellschaft, Hyflux Ltd., Koch Membrane Systems Inc., Corning Incorporated, HUBER SE, Pall Corporation, 3M Company, SUEZ, Asahi Kasei Corporation, DuPont de Nemours Inc., Parker-Hannifin Corporation, Synder Filtration, Microdyn Nadir, Via Separations. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.