Membrane Separation Technology Market Growth and Forecast, 2014 - 2025 : Million Insights

Membrane separation technology processes are 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, Nanofiltration, 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 wastewater can be disinfected thereby providing the coarsest separation of any membrane type. Reverse osmosis is expected to witness a significant growth rate on account of wide that require the highest purity fluid streams such as chemicals processing, electronics production, and pharmaceuticals.

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Based on end-user, the global market is classified into industrial, water & wastewater treatment, and healthcare. The 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 factors of industrial wastewater treatment programs. Healthcare and pharmaceuticals segment is expected to witness a significant growth rate in the global market owing to the treatment of pharmaceutical waste streams by Nanofiltration to detoxify them and reduce the volume of waste requiring incineration.

Europe is expected to be the largest market owing to an increased number of applications, awareness, and a better understanding of the membrane separation technology among people in this region. The Asia Pacific is estimated to witness 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. The increasing population can also be attributed to the market growth prompting the governments to concentrate more on the water treatment process to provide safe drinking water to the public.

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