GIA: Membrane Separation Market to Exceed $10.9 B
Global Industry Analysts (GIA) has developed a new report, "Membrane Separation Technologies: A Global Strategic Business Report" that reviews market trends, competitive scenario, product overview, product introduction/launches, and recent industry activity across global and key regional markets.
The study analyzes market data and analytics in terms of value sales for regions including The United States, Canada, Japan, Europe, Asia-Pacific, Middle East and Rest of World. Segments analyzed include microfiltration, ultrafiltration, reverse osmosis, nanofiltration and others.
For more details, visit http://www.strategyr.com/Membrane_Separation_Technologies_Market_Report.asp.
GIA is a reputed publisher of off-the-shelf market research. Founded in 1987, the employs more than 800 people worldwide and publishes more than 1,100 full-scale research reports each year.
Some of the key players profiled in the report include Air Liquide, Celgard LLC, Culligan International Company, CUNO Incorporated, Degremont SA, Dow Chemical Company, FilmTec Corporation, E.I. DuPont De Nemours and Co., GE Water & Process Technologies, ITT Corporation, Koch Membrane Systems, Inc., Millipore Corporation, Nitto Denko Corporation, Pall Corporation, Parker Hannifin Corporation, Praxair Incorporated, Siemens Water Technologies, Spectrum Laboratories, Inc., and Whatman Plc.
Membrane separation technologies are used in diverse applications ranging from production of potable water, wastewater treatment and processing of water, to tissue repair, power generation, processing of food and beverages, therapeutic procedures and production of pharmaceuticals.
The growth in demand can be attributed to the wide adoption by key end-use markets such as wastewater and water treatment and food and beverages industry; replacement of traditional filtration equipment; augmented focus on purity levels of process fluids and stringent regulations with respect to wastewater and water quality.
The United States and Europe dominates the world membrane separation technologies market, according to the market research report. With federal regulations concerning drinking water becoming more stringent in the United States, membrane filtration is emerging as a viable alternative to conventional granular media-based processes. There has been a significant shift in preferences of key industries towards membranes from traditional filtration devices.
Municipalities in Europe are increasingly employing membrane separation systems to ensure supply of pure drinking water. Moreover, in view of stringent European Union regulations, there has been significant increase in the deployment of membranes in wastewater treatment systems. Although mature, microfiltration membrane used for liquid separations is expected to register modest growth primarily driven by industry norms, enhanced consumer demand for pure water, cost reduction, and replacement of traditional and outdated equipment.
Rising demand for pure water is expected to boost market growth in Asia-Pacific. India is considered one of the more lucrative and bigger markets for membrane separation technologies in Asia-Pacific. With rapid advancements and development of novel technologies, there has also been significant rise in application areas for membrane technology in recent times in China.
Reverse osmosis is one of the fastest growing segments primarily on account of growing adoption of water desalination and its ability to achieve very high levels of purity cost-effectively and efficiently. The Middle East has emerged as the most promising market for seawater desalination thereby offering significant prospects for reverse osmosis.