Dublin, Jan. 31, 2024 (GLOBE NEWSWIRE) -- The "Ultrafiltration Membranes - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
Emerging from a robust analysis encompassing multiple industries and geographies, a new strategic business report on the Ultrafiltration Membranes market has predicted a significant upsurge in global value.
The comprehensive report reveals a market estimated at US$4.3 billion as of 2022, showing potential to reach around US$9 billion by the year 2030. This growth trajectory represents an impressive compound annual growth rate (CAGR) of 9.6% over the eight-year period analyzed.
Particularly spotlighting the Polymeric segment within this market, the report anticipates a CAGR of 9.3%, to eventually achieve a value of US$4.4 billion by 2030. Parallelly, another segment that has garnered significant attention is the Ceramic ultrafiltration segment, predicted to expand at a faster CAGR of 10.3%.
On the geographical front, the U.S. Ultrafiltration Membranes market is estimated at US$574.5 million in 2022, setting a benchmark for significant industrial growth in the sector. Meanwhile, China—the world's burgeoning second-largest economy—is forecasted to grow at an astonishing 11.5% CAGR during the analysis period, indicating a potential market size of US$1.9 billion by 2030.
Other regions such as Japan and Canada are also expected to demonstrate a steady rise with CAGR figures of 7.1% and 8.6% respectively. Within Europe, Germany stands out with a forecasted CAGR of approximately 8.2%.
The Asia-Pacific market, enhanced by the economic contributions of Australia, India, and South Korea, is setting the stage to reach US$1.6 billion by 2030. A total of 76 featured competitors, including prominent names in the ultrafiltration industry, form part of the detailed competitive analysis provided in the report.
Market Trends & Drivers
- Important Role of Ultrapure Water in Manufacturing Sets the Stage for Growth of Ultrafiltration Membranes in the Industrial Sector
- Robust Demand for Medicines to Open New Growth Avenue for Ultrafiltration Membranes in Pharmaceutical Drugs Manufacturing
- Rising Prevalence of Kidney Diseases Brings Out Hemodialysis as a Major Application Area for Ultrafiltration Membranes in the Medical Space
- Robust Consumption of Processed Foods & Ensuing Rise in Investments in Food Processing to Spur Demand for Ultrafiltration Membranes
- Strong Demand for Chemicals Drives Opportunities for Ultrafiltration Membranes in Chemical Manufacturing
- Growing Focus on Wastewater Treatment Amid Sustainability Goals Drives Demand for Ultrafiltration Membranes
- Looming Threat of Water Shortages Drives Demand for Ultrafiltration Membranes
- Ceramic Ultrafiltration Membranes Rise in Prominence. Here's Why
- Sustainable Membrane Technologies Steal the Spotlight
- Energy Efficiency Storms Into the Spotlight as a Key Aspect of Sustainability
What’s New in the Report?
- An in-depth discussion on the current global economic climate, alongside an assessment of market sentiment.
- A competitive analysis featuring key competitor market shares and a market presence across diverse global regions.
- An online platform facilitating peer-to-peer collaborative updates and providing access to a rich digital archive of sector-specific research.
Economic Outlook and Market Dynamics
The study provides an optimistic view on the global economic outlook, with anticipations of a growth recovery in the near term. Despite challenges such as geopolitical tensions and inflationary pressures, governments are adopting measures aimed at fostering resilience and adaptability within markets.
As the battle against inflation continues and regulatory environments become stricter, new technologies—in fields such as AI, cloud computing, and renewables—are expected to play a pivotal role in driving economic growth and attracting global investments.
This market report is a crucial resource for businesses, investors, and industry professionals looking to understand the shifting dynamics and capitalize on the growth prospects of the ultrafiltration membranes market.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 457 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4.3 Billion |
| Forecasted Market Value (USD) by 2030 | $9 Billion |
| Compound Annual Growth Rate | 9.7% |
| Regions Covered | Global |
Companies Profiled:
- 3M
- Advantec Mfs Inc.
- Alfa Laval
- Asahi Kasei
- Atech Innovations GmbH
- B. Braun Medical Inc.
- Basf Se (Inge Ag)
- Baxter International
- Berghof
- Cantel Medical
- Corning Inc.
- Daicen Membrane Systems
- Degremont Technologies (Infilco Degremont Inc.)
- Donaldson Co.
- Dow Chemical Co.
- Entegris Inc.
- Fresenius Medical Care
- GE
- GEA Westfalia Separator Inc.
- Graver Technologies LLC
- Hydranautics
- Hyflux Ltd.
- Koch Membrane Systems
- Media and Process Technology
- Microdyn-Nadir GmbH
- Millipore Corp.
- New Logic International
- Novasep Process
- Pall Corp.
- Parker Hannifin Corp.
- Permionics
- Porvair plc
- Sartorius Stedim Biotech
- Separation Dynamics Inc.
- Spectrum Laboratories
- Spintek
- Synder Filtration
- Tami Industries
- Tianjin Motimo Membrane Technology Ltd.
- Toray Industries
- Ultura Water (Nanostone Water);
For more information about this report visit https://www.researchandmarkets.com/r/8g3i4e
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
