Membrane Separation Technology Market - Forecast(2023 - 2028)
Membrane Separation Technology Market Overview
The Membrane Separation Technology market size is estimated to reach US$25.5 billion
by 2027 after growing at a CAGR of 5.6% during the forecast period 2022-2027. Membrane Separation Technology refers to a technology using processes such as
nanofiltration & reverse osmosis for cleaning solution by passing it
through a membrane having microscopic pores. The membrane used in the process
is mainly polymer-based such as polysulfone, polyacrylonitrile, polyvinyl chloride,
polyvinylidene fluoride, polypropylene and others. The rich properties of
membrane separation technology such as durability, permeability, stability and
porosity are driving its demand in major industries such as food &
beverage, waste-water treatment, medical & pharmaceutical and
metallurgical. Furthermore, the major applicability of graphene membranes in gas
filtration in the oil & gas sector is influencing the membrane separation technology market growth.
Factors such as growth in natural gas production, the establishment of waste-water
treatment plants and an increase in steel production have provided growth
opportunities to the membrane separation technology industry. However, issues
such as membrane fouling and the complex nature of membrane separation related
to other processes such as distillation could pose a challenge to market
growth and hamper the membrane separation technology market size. The disruptions caused by the COVID-19 pandemic on account of lockdown
restrictions negatively impacted the membrane separation technology industry
outlook. Closure of various plants and factories in major sectors such as
wastewater treatment and food & beverage reduced membrane separation technology
market demand.
Report Coverage
The
“Membrane Separation Technology Market
Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis
of the following segments in the Membrane Separation Technology industry.
Key Takeaways
- Asia-Pacific dominates the Membrane Separation Technology industry, owing to the growth of the waste-water treatment sector in the region which has accelerated the demand for membrane separation technologies such as nanofiltration & reverse osmosis.
- The growing demand for dairy items especially milk has positively impacted the Membrane Separation Technology industry outlook as technologies such as ultrafiltration are used in the concentration & purification of milk.
- Major issues related to the membrane separation process such as fouling could limit the demand and usage of Membrane Separation Technologies in major end-use industries such as waste-water treatment which can negatively influence the membrane separation technology market size.
Figure: Asia-Pacific Membrane Separation Technology Market Revenue, 2021-2027 (US$ Million)
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Membrane Separation Technology Market Segment Analysis – by Technology
The reverse osmosis segment held the largest share in the Membrane Separation Technology market share in 2021 and is forecasted to grow at a CAGR of 5.8%
during the forecast period 2022-2027. Reverse osmosis has superior properties
over nanofiltration such as cost-effectiveness, high concentration removal
nature and no usage of hazardous chemicals. Furthermore, reverse osmosis has
high applicability in the food & beverage and waste-water treatment sector
for the treatment of residual liquids, separating suspended solids and
obtaining rejected fluids containing a deficient concentration of dissolved
solids. The advantageous features and major applicability of reverse osmosis in
the food & beverage and waste-water treatment sector have increased its
preference over other membrane separation technologies such as nanofiltration.
Thus, this will positively impact the reverse osmosis segment growth and would
provide growth opportunities during the forecast period.
Membrane Separation Technology Market Segment Analysis – by End-use Industry
Waste-water treatment held the largest share in the Membrane Separation Technology market share in 2021 and is forecasted to grow at a CAGR of 6.3% during the forecast period 2022-2027. Membrane separation technologies such as reverse osmosis, microfiltration and nanofiltration which uses polysulfone, polyacrylonitrile or polyvinylidene fluoride-based membrane have high demand in the waste-water treatment sector to produce pure drinking water. Growing demand for drinking water coupled with the government’s investments and policies for water treatment has resulted in significant growth in the waste-water treatment sector. For instance, the government of Egypt, in 2021, inaugurated the largest waste-water treatment plant in the world Bahr-Al-Baqar which has a capacity of daily treating 5.6 million cubic meters of wastewater. Furthermore, the European Bank for Reconstruction and Development and the European Investment bank, 2021, jointly invested US$20 million in the construction of a new wastewater treatment plant in Kosovo. Such growing investments and establishment of waste-water treatment plants have increased the demand and usage of membrane separation technologies, thereby resulting in a positive growth of the membrane separation technology industry in the waste-water treatment sector.
Membrane Separation Technology Market Segment Analysis – by Geography
Asia-Pacific held the largest share in the Membrane Separation Technology market share in 2021 up to 42%. The flourishing demand for membrane separation technologies such as reverse osmosis and ultrafiltration in major sectors such as food & beverage and waste-water treatment is influencing its market growth in the region. The growing demand for dairy products such as milk and the setting up of new water treatment facilities to increase access to drinking water to people has resulted in the rapid growth of the food & beverage and waste-water treatment sectors. For instance, according to statements of the National Dairy Development Board, in April 2022, the board announced the setting up of 12 milk plants in Punjab with a total cost of US$11.7 million. Furthermore, according to the National Bureau of Statistics, in 2020, China installed 39000 new wastewater treatment facilities and invested US$81.6 billion in its municipal wastewater system, new treatment facilities and sludge mitigation showing a massive increase in investment in water treatment in the past five years. The rapid growth in such major end-use industries of membrane separation technology has resulted in the positive growth of the membrane separation technology industry in the Asia-Pacific region.
Membrane Separation Technology Market Drivers
High Demand for Steel:
Membrane Separation Technology which
uses membranes made from polymers such as polysulfone,
polyacrylonitrile and polyvinylidene fluoride, has high demand in the metallurgical sector. The
flourishing application of membrane separation technology for removing carbon
content from multiple vent sources during the production of metals such as
steel is influencing its growth. The steel demand has increased significantly
over the years resulting in the setting up of more steel plants. According to
the statements given by South Korean steel maker Posco, in January 2022, the
company started the construction of a steel plant in Northern China with a total
cost of US$600 million. Furthermore, the United States Steel Corporation, in
February 2022, announced the construction of a technologically advanced steel
mill in Osceola with a total valuation of US$3 billion. Setting up such a steel
plant will accelerate the demand and usage of membrane separation technologies
such as nanofiltration which would result in a positive growth of the membrane
separation technology market during the forecast period.
Bolstering Growth in Natural Gas Production:
Membrane Separation Technology such
as nanofiltration has high demand in the oil & gas sector where it is used
during the processing of natural gas such as coal bed methane. The water in the
coal bed makes methane extraction harder and increases the pressure in the reservoir. The usage of nanofiltration lowers such
pressure and stimulates the desorption of methane from coal. Growing demand for
natural gas for power generation, auto fuel and a source for manufacturing
plastic has resulted in the setting up of new production plants. According to the
statement by Guangdong Rural Credit Union in the
14th Five-Year (2021-2025) Plan for Energy, the union plans to build natural
gas production & storage facility in the Guangdong province of China. Furthermore, the US Government, in
2021, announced the construction of 177 natural gas plants to reduce CO2
emissions by 2030. Setting up of new natural plants will increase the
production output of natural gas, thereby increasing the usage of
nanofiltration in the oil & gas sector. This will result in a positive
growth of the membrane separation technology market during the forecast
period.
Membrane Separation Technology Challenge
Complex Nature of Membrane Separation:
Membrane separation in comparison
with other processes such as distillation requires high membrane selectivity
due to which it cannot be performed easily. Most membrane used in the separation
process is polymer based due to which membrane modules cannot function above
room temperature as polymer tend to lose their integrities. Furthermore, the accumulation
of colloidal particles and soluble macromolecules within membrane pores causes
fouling in the membrane separation process. Thus, such complexities in membrane
separation could limit the usage of membrane separation technologies such as
microfiltration and nanofiltration in major end-use industries such as
waste-water treatment, food & beverage and medical & pharmaceutical.
This could negatively influence the membrane separation technology market size
during the forecast period.
Membrane Separation Technology Industry Outlook
Technology launches, acquisitions and R&D
activities are key strategies adopted by players in the Membrane Separation Technology market. The top 10 companies in the Membrane Separation Technology
Market are:
- Dow Chemical Company
- 3M Company
- GE Water & Process Technologies
- DuPoint
- Merck Millpore
- Asahi Kasei Corporation
- SUEZ
- Danaher Corporation
- Koch Membrane System Inc.
- AXEON Water Technologies
Recent Developments
- In January 2021, SUEZ purchased the reverse osmosis product line of specialty chemical company LANXESS and with this acquisition, SUEZ has added one more RO membrane technology to its Water Technologies & Solutions division.
- In July 2021, NX Filtration, a specialist in innovative hollow fiber membrane solutions, signed the purchase of buying land for its nanofiltration membrane production facility in Hengelo, The Netherlands.
- In January 2020, DuPont acquired Desalitech, inge GmbH, Memcor and OxyMem Limited and such acquisition adds to the company’s portfolio of water purification technologies including ultrafiltration, reverse osmosis and ion exchange resins.
Relevant Reports
Report Code – CMR 1376
Report Code – 63677
Report
Code – CMR 74324
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LIST OF TABLES
1.Global Membrane Separation Technology Market By Technology Market 2019-2024 ($M)2.Global Membrane Separation Technology Market By Technology Market 2019-2024 (Volume/Units)
3.North America Membrane Separation Technology Market By Technology Market 2019-2024 ($M)
4.South America Membrane Separation Technology Market By Technology Market 2019-2024 ($M)
5.Europe Membrane Separation Technology Market By Technology Market 2019-2024 ($M)
6.APAC Membrane Separation Technology Market By Technology Market 2019-2024 ($M)
7.MENA Membrane Separation Technology Market By Technology Market 2019-2024 ($M)
LIST OF FIGURES
1.US Membrane Separation Technology Market Revenue, 2019-2024 ($M)2.Canada Membrane Separation Technology Market Revenue, 2019-2024 ($M)
3.Mexico Membrane Separation Technology Market Revenue, 2019-2024 ($M)
4.Brazil Membrane Separation Technology Market Revenue, 2019-2024 ($M)
5.Argentina Membrane Separation Technology Market Revenue, 2019-2024 ($M)
6.Peru Membrane Separation Technology Market Revenue, 2019-2024 ($M)
7.Colombia Membrane Separation Technology Market Revenue, 2019-2024 ($M)
8.Chile Membrane Separation Technology Market Revenue, 2019-2024 ($M)
9.Rest of South America Membrane Separation Technology Market Revenue, 2019-2024 ($M)
10.UK Membrane Separation Technology Market Revenue, 2019-2024 ($M)
11.Germany Membrane Separation Technology Market Revenue, 2019-2024 ($M)
12.France Membrane Separation Technology Market Revenue, 2019-2024 ($M)
13.Italy Membrane Separation Technology Market Revenue, 2019-2024 ($M)
14.Spain Membrane Separation Technology Market Revenue, 2019-2024 ($M)
15.Rest of Europe Membrane Separation Technology Market Revenue, 2019-2024 ($M)
16.China Membrane Separation Technology Market Revenue, 2019-2024 ($M)
17.India Membrane Separation Technology Market Revenue, 2019-2024 ($M)
18.Japan Membrane Separation Technology Market Revenue, 2019-2024 ($M)
19.South Korea Membrane Separation Technology Market Revenue, 2019-2024 ($M)
20.South Africa Membrane Separation Technology Market Revenue, 2019-2024 ($M)
21.North America Membrane Separation Technology By Application
22.South America Membrane Separation Technology By Application
23.Europe Membrane Separation Technology By Application
24.APAC Membrane Separation Technology By Application
25.MENA Membrane Separation Technology By Application
26.Merck Millipore, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.The DOW Chemical Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Nitto Denko Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Pentair PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Asahi Kasei Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.GE Water & Process Technologies, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Pall Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.The 3M Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)