The Global Membrane
Separation Technology Market research
report interprets definition, an investigation of significant progress in the industry.
It provides overall industry survey, product description, wide array of
applications, top players, and development forecast. It enhances understanding
about that market along with new business trends.
The global membrane
separation technology market is expected to grow at a CAGR of 10% from 2016 to
2024. This technology is widely used in wastewater treatment. Deprivation of
water quality and Lack of clean drinking water is expected to adversely affect
economic and social landscape globally in particular the emerging economies. It
has been estimated that around 4 million deaths around the world occur due to
inadequate water resource.
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Main features of the report:
·
To provide
detailed analysis of the market structure along with forecast of the various
segments and sub-segments of the global Membrane separation technology Market.
·
A complete
backdrop analysis, which includes an assessment of the parent market
·
Important
changes in market dynamics
·
Market
segmentation up to the second or third level
·
To provide
country level analysis of the market for segment by application, product type
and sub-segments.
·
To provide
strategic profiling of key players in the market, comprehensively analyzing
their core competencies, and drawing a competitive landscape for the market.
·
Track and
analyze competitive developments such as joint ventures, strategic alliances,
mergers and acquisitions, new product developments, and research and
developments in the global Membrane separation technology Market.
·
Emerging
niche segments and regional markets
·
An
objective assessment of the trajectory of the industry.
Membrane separation is
considered are one of the most significant methods used for purification of
water. Changing from chemical based treatments to efficient treatments of water
is expected to be a major driver since chemicals are perceived as environmental
degradation processes associated with high disposal costs. The technology
involves separation of materials via minute gaps or pores in the molecular
arrangement without including any harmful chemicals. Major processes used for
treatment of water include Nano filtration, microfiltration, reverse osmosis
and ultrafiltration
Implementation of stringent
environmental regulations and norms is expected to drive the market growth and
thereby increasing the demand for the technology among various industry
sectors. Mandatory regulations of environmental standards and government
initiatives including Clean Water Act particularly in rural areas with water
inadequacy have inclined the demand for water treatment technology, including
membrane separation.
Growing population and
global industrial expansion are boosting the demand for efficient water
treatment technology, providing better growth opportunities for the global
market. In addition, petroleum and oil industry in countries including Germany,
Italy and gulf are expected to drive the global market which involves the use
of membrane separation technique for liquid separation.
Rising awareness and
interest in wastewater and water reuse treatment is expected to boost the
global membrane separation market. Growing population in water stressed areas
and unhygienic conditions has compelled the governments to initiate these
techniques. Therefore, these factors are expected to significantly affect the
global market.
High installation and
operational cost of the membrane separation technology is expected to be a
major restraint for the market growth in emerging economies. Adoption of
various other water cleaning methods resulting in improved water quality is
also expected to hamper the overall market growth. However, the market has a
huge opportunity to grow in the emerging economies owing to technological shift
towards chemical-free water treatment processes in various industries.
Major benefits of using
membrane separation techniques of water over other chemical techniques include efficient
use of energy, reduced use of chemicals and relatively less complex operation
required after installation in the process. Membrane separation technology
processes is primarily used in surface water, wastewater, desalinate seawater,
groundwater and demineralize boiler feeder water.
Based on the process
segment the global market has been segmented into reverse osmosis, Nano
filtration, microfiltration and ultrafiltration. Microfiltration is expected to
have the largest share of the membrane demand globally owing to its properties
to remove particles and microorganisms so that waste-water can be disinfected
thereby providing the coarsest separation of any membrane type. Reverse osmosis
is expected to witness significant growth rate on account of wide that require
the highest purity fluid streams such as chemicals processing, electronics
production and and pharmaceuticals.
On the basis of end user,
the global market is classified into industrial, water & waste water
treatment and healthcare. Water and wastewater segment is expected to be the
largest in the market. Following the government’s water quality requirements is
expected to be one of the main driving factor of industrial wastewater
treatment programs. Healthcare and pharmaceuticals segment is expected to
witness significant growth rate in the global market owing to treatment of
pharmaceutical waste streams by Nano filtration to detoxify them and reduce the
volume of waste requiring incineration.
Europe is expected to be
the largest market owing to increased number of applications, awareness and
better understanding of the membrane separation technology among people in this
region. Asia Pacific is estimated to witness a substantial growth in emerging
economies such as China, India Malaysia owing to increasing investments in
membrane separation techniques on account of industrialization and water
pollution in these regions. Increasing population can also be attributed to the
market growth prompting the governments to concentrate more on water treatment
process in order to provide safe drinking water to the public.
Key players in the global
market include TriSep Corporation, 3M Company, Dow Chemical Company, IDE
Technologies, GE Water and Process Technologies, Asahi Kasei Corporation and
Pall Corporation, Other industry participants include Nitto Denko Corporation,
Evoqua Water Technologies, Degremont SA, and GEA Filtration.
Water management is
becoming an inherent part of planning and development. The municipalities and
industries are continuously investing substantial money in membrane separation
technology to improve the living standards and healthcare systems, creating
more opportunities for water and wastewater treatment equipment technology
around the world.
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