The global membranes market is likely to reach value of USD 10.81 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the increasing need for reclaiming water from different wastewater streams for re-use. Increasing utilization of membranes for production of potable drinking water from groundwater, surface water, and seawater sources is driving the market.
Emergen Research latest document, titled ‘Global Membranes Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Membranes market. The report’s authors have offered necessary details on the latest Membranes market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Membranes industry entails useful insights into the estimated Membranes market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Membranes market.
Market Size – USD 5.59 Billion in 2019, Market Growth – at a CAGR of 9.1%, Market Trend – Increasing research and development activities in nanotechnology
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One of the report’s central components is the Membranes market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Membranes market players.
The Global Membranes Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:
- Key market participants include Toray Industries, DuPont, Koch Separation Solutions, Hydranautics, Pentair, Lanxess, Asahi Kasei Corporation, LG Water Solutions, Suez, and Pall Corporation
Emergen Research has segmented the global membranes market in terms of technology, material, application, and region:
Technology Outlook (Revenue, USD Billion; 2017–2027)
Material Outlook (Revenue, USD Billion; 2017–2027)
Application Outlook (Revenue, USD Billion; 2017–2027)
- Industrial Processing
- Water Wastewater Treatment
Regional Analysis of the Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Highlights of Report
- In October 2019, DuPont announced that it had signed an agreement regarding acquisition of the ultrafiltration membrane business of BASF, a leading chemical company in Germany. The acquisition is expected to help DuPont widen its portfolio of separation technologies and water purification, which comprises reverse osmosis, ultrafiltration, and ion exchange resins.
- The water wastewater treatment segment accounted for the largest share of the membranes market in 2019. The stringent standards on the discharge or reuse of water and wastewater have driven the segment.
- The Asia Pacific region accounted for the largest share of the global membranes market in 2019. Rapid increase in industrialization and growth in agricultural and domestic activities are producing large amounts of wastewater, driving the demand for membranes in the region.
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The MembranesMarket report also includes an investment analysis and growth trend analysis to help readers maximize their return on investment. It highlights the growth opportunities existing in the global Membranesmarket segments. It offers an extensive investigation of the import-export status and the rates of production and consumption. The MembranesMarket report also provides some of the essential market aspects to draw a forecast for the coming years based on the information derived as part of the historical analysis and an analysis of the current market scenario.
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