Market Synopsis
According to the MRFR analysis, the global membranes market size was valued at USD 5.8 billion in 2020 and is expected to reach USD 13.2 billion by the end of 2030 at a CAGR of 8.50%.
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Membrane processes employ a barrier layer that allows water to permeate or pass through it but rejects or retards other components from going along with that filtrate. Molecules, ions, and other tiny particles are examples of such particles. There are various membrane technologies available that include RO membrane, ultrafiltration, microfiltration, nanofiltration, and others depending on the size of the pore and particulate matters.
Competitive Landscape
The global membranes market share is highly fragmented with the presence of numerous global, regional, and numerous unorganized players. Some of the prominent players in the global membranes market include Dupont (US), Toray Industries (Japan), Hydranautics ( A Nitto Group Company) (China), Koch Separation Solutions (US), Pentair (US), Asahi Kasei Corporation (Japan), Lanxess (Germany), LG Chem (South Korea), Pall Corporation (US), and Suez (France), amongst others. To acquire a competitive advantage over other players, manufacturers primarily focus on expanding manufacturing facilities, acquisitions, joint ventures, and relationships with important stakeholders. In order to capture a larger portion of the global market, companies are increasingly focused on strategic alliances with stakeholders, innovative product development, and capacity expansion.
Segmentation
By Material
This segment is further segmented into polymer, ceramic, and others.
Polymer segment accounted for the largest market share and is projected to witness the fastest growth over the forecast period. This is mainly attributed to the high performance, excellent efficiency, and specific separation properties provided by polymeric membranes.
Ceramics witnessed significant growth throughout the forecast period owing to the environmentally friendly nature and a long working life.
Other materials include zeolite, metal, and hybrid.
By Technology
This segment is further segmented into reverse osmosis (RO), ultrafiltration (UF), microfiltration (MF), nanofiltration (NF), and others.
Reverse osmosis has witnessed a healthy growth over the forecast period. RO membrane are used to remove the hard salts, iron, minerals, colloidal, bacteria, and other microorganisms.
Ultrafiltration membrane pore sizes fall between nanofiltration and microfiltration, with pore sizes ranging from 0.01 to 0.1m.
Microfiltration membranes can separate large suspended solids with pore sizes ranging from 0.1 to 10m.
Nanofiltration has witnessed the fastets growth throughout the forecast period. It is a separation method that uses organic, thin-film composite membranes with pore sizes ranging from 0.1 to 10 nanometers.
Other technologies include pervaporation, dialysis & electrodialysis, forward osmosis, membrane distillation, ion exchange, and chromatography membranes.
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