Global membrane separation technology market is anticipated to grow at a CAGR of 9.2% during the forecast period (2024–2031). Major factors driving the market growth are the increasing application of membrane separation technology in water and wastewater treatment, and growing demand from food, pharmaceutical, and other processing industries. Additionally, the market is expected to grow during the forecast period owing to the growing application of reverse osmosis technology. With the degrading water quality and scarcity of clean drinking water, the economic and social landscape globally, especially in emerging economies is expected to be affected adversely. However, a high price bar of membranes is expected to hinder the growth of the market studied.
Browse the full report description of “Membrane Separation Technology Market Size, Share & Trends Analysis Report, By Process (Reverse Osmosis, Ultrafiltration, Nanofiltration, Microfiltration, and Others), By Application (Water and Wastewater Treatment, Food & Beverages, Healthcare, and Industrial Processing) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/membrane-separation-technology-market-size
The advancement in nanostructure materials that greatly enhance selectivity as well as efficiency also restraints the market growth. This substance has unique features such as tailor-made pore structure, high surface area, and increased mechanical strength.
North America is anticipated to hold the major market share. The regional market growth is attributed to the strong industrial base and strict environmental regulation. The Safe Drinking Water Act and the Cleaning Water Act have driven the adaptation of water treatment plants using membrane filters. It is also been found that most of North America uses dairy processing facilities as it helps in product quality improvement.
Market Coverage
· The market number available for 2023-2031
· Base year: 2023
· Forecast period: 2024-2031
· Segment Covered-
o By Process
o By Application
· Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Asahi Kasei Corp., Nitto Denko Corp., Pall Corp., SUEZ Group and Toray Industries Inc. among others
Key questions addressed by the report
Global Membrane Separation Technology Market Report Segment
By Process
By Application
Global Membrane Separation Technology Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Italy
· Spain
· France
· Rest of Europe
Asia-Pacific
· China
· India
· Japan
· South Korea
· Rest of Asia-Pacific
Rest of the World
· Latin America
· Middle East and Africa
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