Membrane Filtration Market Segmented By Ultrafiltration, Microfiltration, Nanofiltration, Chromatography, Reverse Osmosis Filter Type for Wastewater Treatment, Healthcare, Food & Beverage
Industry: Healthcare
Published Date: July-2022
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 232
Report ID: PMRREP33138
Worldwide revenue from the membrane filtration market was US$ 20.3 Bn in 2021, with the global market estimated to surge ahead at a value CAGR of 7.1% to reach US$ 42.9 Bn by the end of 2032.
Overall, membrane filtration product sales accounted for 20.8% revenue share of the global filtration & separation market in 2021.
Attribute | Key Insights |
---|---|
Membrane Filtration Market Size (2022) |
US$ 20.3 Bn |
Estimated Market Value (2022) |
US$ 21.6 Bn |
Projected Market Value (2032) |
US$ 42.9 Bn |
Global Market Growth Rate (2022-2032) |
7.1% CAGR |
Market Share of Top 6 Countries |
48.9% |
The global market for membrane filtration recorded a CAGR of 4.4% over the 2017 to 2021 historical period.
The membrane filtration process is a method in which molecules of varied sizes as well as traits can be separated physically. Membranes are made of different types of materials. With reverse osmosis (RO), they are often referred to as thin-film composite membranes.
Five membrane filters are used most commonly: reverse osmosis, ultrafiltration, Nano filtration, and microfiltration, along with chromatography filters. They are differentiated based on the size of their pores. The principal advantage is that is less expensive than many other similar technologies, besides their installation costs being lower.
Demand for membrane filtration will continue to be strong in the near future. Rise in waterborne disease across the world is one of the primary causes of morbidity & mortality in humans. However, the adoption of proper filtration technologies can help avoid pathogens, pollutants, and other waterborne contaminants.
Contaminated water is prone to the transmission of diseases such as diarrhea, cholera, dysentery, typhoid, and polio. These contaminated waters cause around 485,000 diarrhoeal deaths each year. The development of novel technologies to cater to the demand for membrane filtration will drive overall market growth.
The global membrane filtration market is predicted to exhibit high growth at a value CAGR of 7.1% and reach a market size of US$ 42.9 Bn by 2032.
“Growing Need for Membrane Filtration in Desalination Plants”
The market is set to present an opportunistic outlook owing to government initiatives taken for water treatment. Market growth will further be propelled by rising investments in desalination plants across the world.
Demand for water filtration has risen dramatically due to industrialization, urbanization, and ongoing population growth. These factors have led to the contamination of fresh water. A majority of the current global water scarcity problem is due to the release of contaminated water by industrial, manufacturing, and production units.
There is a need for increased water filtration and desalination capacity in emerging countries. As a result, governments are putting pressure on chemical companies to develop better water treatment technologies. As such, several corporations are investing in membrane filtering systems.
Desalination plants will become more common as water scarcity worsens. After decades of slow improvement, desalination is used increasingly to provide drinking water around the world. Although the cost of treating salt water for drinking water has fallen, it is still an expensive option with environmental implications that have to be addressed.
Freshwater scarcity and the need for additional water supplies are already serious in many dry areas of the world, and they will only get worse. Investments in desalination plants will create substantial opportunities for membrane filtration system suppliers.
“Industry’s Requirement of Large Amount of Raw Material”
Membrane filtration requires a large number of raw materials to manufacture. The availability and cost of these required raw materials are determined by supply and demand trends.
Low-cost alternatives to traditional materials such as alumina and zirconia, which can be used in the filtration of water, have been under continuous exploration. Polymeric microfiltration membranes have witnessed a significant increase in the trans-membrane pressure after two to three years of service due to irreversible fouling in almost all the industries they are used in.
An increase in trans-membrane pressure increases power usage and cost and decreases the membrane life, and consequently, increases maintenance costs.
Another major restraint for this market is stringent regulatory & sustainability policies for these filters related to the environment.
Negative factors of commercial activity are the most common causes of environmental problems, which means that economic factors contribute external costs to society through pollution without paying the associated social costs.
Individuals tend to overexploit the environment to their benefit in the absence of control. As a result, market mechanisms alone will not be able to solve environmental issues. Therefore, strict environmental regulations are implemented in a majority of countries. Environmental restrictions in wealthy countries are always stricter than in developing ones, making public opinion sensitive to the possible detrimental impacts of environmental policies on international trade and economic competitiveness.
What Makes the U.S. a Large Market for Membrane Filtration?
“High Importance Given to Clean & Filtered Water”
The U.S. dominated the North American market with a share of about 79.4% in 2021 and is expected to continue to experience high growth throughout the forecast period.
Because of the ever-expanding healthcare industry, North America is likely to dominate the global market over the forecast period. Furthermore, the market is likely to benefit from the growth of the food processing industry as well as the rising importance of clean water.
For example, RO and other treatment systems perform more efficiently with the pre-treatment with microfiltration. Membrane filtration is usually employed to move water through filters in water treatment plants or domestic plumbing. This is a prime driver for the design and production of membrane filters within the country.
What is the Outlook for the Germany Membrane Filtration Market?
“Rising Investments in More Efficient Facilities”
The Germany membrane filtration market is set to exhibit a CAGR of 5.8% over the decade.
Market players such as Koch Membrane systems; Merck KgaA, etc., are focussing on new launches as well as expansion efforts to establish themselves as the dominant face in the market.
Because of these advances in the industry, demand for membrane filtration systems is increasing and driving market growth.
Will India Be a Lucrative Market for Membrane Filtration Technology?
“Ever-expanding Food & Beverage Industry”
India held 32.4% share in the South Asia membrane filtration market in 2021 and is projected to display growth at a high CAGR of 9.5% during the forecast period. This high growth is owing to the ever-expanding food & beverage industry in the country.
The statistics presented above are a testament to the high growth rate of the membrane filtration market in the country.
Which Type of Membrane Filtration Filter is Most Widely Used?
“Microfiltration – The Way Forward”
Microfiltration is expected to exhibit high growth at a CAGR of 7.4% throughout the forecast period, with a projected market share of 33.3% by 2032.
These filters withstand chemical cleaning while maintaining good selectivity, along with permeability during operation, resulting in multidisciplinary advancements in the field of polymeric, inorganic, composite, and biomimetic membrane manufacturing.
In Which Industry is Membrane Filtration Most Widely Used?
“High Need to Combat Rising Prevalence of Waterborne Diseases”
Wastewater treatment held the highest market share of 49.5% in 2021.
Growing prevalence of waterborne diseases as well as the associated increasing need for good quality water has driven this segment to be a dominant fragment propelling the sales of the overall membrane filtration market.
With several competitors in the membrane filtration filter production sphere, the market is highly fragmented. To meet consumer demand and expand their customer base, companies are implementing mergers and acquisitions, partnerships & collaborations, and new product launches.
Attribute | Details |
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Forecast Period |
2022-2032 |
Historical Data Available for |
2017-2021 |
Market Analysis |
US$ Mn for Value |
Key Regions Covered |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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Customization & Pricing |
Available upon Request |
Membrane Filtration Market by Filter Type:
Membrane Filtration Market by End User:
Membrane Filtration Market by Region:
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The global membrane filtration market was valued at US$ 20.3 Bn in 2021 and is set to expand 2X over the next ten years.
The market for membrane filtration systems is expected to reach US$ 42.9 Bn by 2032, with sales revenue expected to register 7.1% CAGR.
The U.S., China, Canada, Australia, Japan, and India account for the highest demand for membrane filtration.
The U.S. accounted for 79.4% share of the North American membrane filtration market in 2021.
Demand for membrane filtration in Europe is expected to register 6.3% CAGR over the next ten years.
China accounted for 6.9% share of the global market and is expected to surge ahead at 10.0% CAGR through 2032.
The U.S., France, Germany, and Japan are major producers of membrane filtration systems.