Rockville, Dec. 12, 2022 (GLOBE NEWSWIRE) -- The Ceramic Membrane revenues were estimated at US$ 5.3 Bn in 2021 and is anticipated to grow at a CAGR of 11.6% from 2022-2032, according to a recently published Fact.MR report. By the end of 2032, the market is expected to reach a valuation of US$ 17.1 Bn.
Because of the recent growth in industrialization, urbanization, and population, there is a greater need for water filtration capacity. The bulk of membranes manufactured nowadays are made of polymers, but because of fouling, these membranes are not very stable or durable. On the other side, ceramic membranes provide great stability and longevity. The demand for ceramic membranes has increased as a result of the preference for ceramic membranes over polymer membranes.
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Recently, the demand for water filtration capacity has increased because of growing industrialization, urbanization, and population growth. The majority of membranes that are produced are constructed of polymers, but due to fouling, these membranes have poor durability and stability. Ceramic membranes, on the other hand, offer enhanced stability and longevity. As a result, the increase in preference for ceramic membranes over polymer membranes has increased the demand for ceramic membranes.
Key Takeaways from the Study
- Ceramic Membrane Market was valued at US$ 5.3 Bn in 2021. According to Fact.MR, Ceramic Membrane Market revenue would increase 3X between 2022 and 2032, reaching roughly US$ 17.1 Bn in 2032.
- In terms of material, Titania-based ceramic membranes is projected to account for the largest market with a projected CAGR of 11.9%.
- In terms of Top Technology, Nanofiltration accounts for the largest market with a CAGR of 10% 2017-21.
- US is the dominant country in the Ceramic Membrane Market with an absolute dollar growth opportunity of over US$ 2.7 Bn.
Ceramic Membrane Industry Segmentation
- By Material
- Titania
- Alumina
- Zirconium Oxide
- Other Materials
- By Technology
- Nanofiltration
- Ultrafiltration
- Microfiltration
- Other Technologies
- By Region
- North America
- Latin America
- Europe
- APAC
- MEA
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Competitive Landscape
Due to the presence of several players, the ceramic membranes market is highly competitive. Players in the market are constantly developing improved analytical solutions as well as extending their product offerings. The companies in the market are focused on alliances, technology collaborations, and product launch strategies.
One of the recent developments in the Ceramic Membrane Market is as follows:
- In February 2021, Toray Industries, Inc. announced that it has created a novel polyvinylidene fluoride ultrafiltration membrane for water treatment that has a remarkable virus removal rate and high water permeability. Toray Industries, Inc. will improve its position in the market and broaden its selection of Ceramic Membrane products with the introduction of this new product.
- In June 2020, Nanostone Water Inc. and H2O Innovation Inc. created a strategic partnership to jointly promote the commercialization of ceramic membrane technology.
Key Companies Covered
- TAMI Industries
- GEA Group AG
- Liqtech A/S
- Qua Group LLC
- Pall Corporation
- Nanostone Water Inc.
- Veolia Water Technologies
- Saint Gobain S.A
- The ToyoInk Group
- A-tech innovation GmbH
- Toray Industry Inc.
- Jiangsu Jiuwu Hi-Tech Co. Ltd.
- Aquabrane Water Technologies Pvt. Ltd
- Osmotech Membranes Pvt. Ltd.
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More Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the Ceramic Membrane Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in Ceramic Membrane in terms of Material (Titania, Alumina, Zirconium Oxide, Other Materials), Technology (Nanofiltration, Ultrafiltration, Microfiltration, Other Technologies) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
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