Richmond, Feb. 16, 2024 (GLOBE NEWSWIRE) -- According to a research report "Polymeric Membrane Market”, by Product Type (Polymeric, Ceramic, Others), Technology (Microfiltration, Nano-filtration, Ultrafiltration, Reverse Osmosis), Application (Water & water treatment, Food & Beverage, Gas separation, others), End-user (Chemical, Medicine, Industrial processing, Food & Beverage, Water treatment, others) and Region - Global Forecast to 2030"
Global Polymeric Membrane Market Report Scope:
| Report | Details |
| Market size value in 2023 | USD 6.7 Billion |
| Market size value in 2030 | USD 12.5 Billion |
| CAGR (2023-2030) | 8.1% |
| Forecast Period | 2023–2030 |
| Historic Data | 2019 |
| Forecast Units | Value (USD Million/USD Billion) |
| Segments Covered | Product Type, Technology, Application, End User and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and RoW |
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| Sample of Companies Covered |
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TOC Covers in Depth & Breath on Polymeric Membrane Market
170 - Market Data Tables
65 - List of Figures
225 – Pages
The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Developments, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional FootPrint by MarketDigits.
Market Overview
The Global Polymeric membrane market occupies an essential role in, polymeric membranes applications in various fields, including water and gas separation, as well as in emerging technologies like fuel cells, lithium-ion batteries, electroconductive devices, and optoelectronics. The membrane's effectiveness in terms of selectivity, permeability, and separation processes depends on the materials used in its construction. As membrane technology is continuously evolving, particularly in the development of functional polymer membranes for diverse applications, it contributes to the enhancement of overall quality of life. Recent progress in membrane technology has enabled the treatment of municipal wastewater for the generation of potable (drinking) water through a process known as potable reuse. Despite potential challenges in public perception, potable reuse stands out as a less energy-intensive method for providing additional drinking water, particularly in water-stressed regions. Various membranes have been innovated to effectively remove contaminants from water, spanning particles, pathogens, dissolved organic compounds, and salts.
The potable reuse treatment plants leverage polymeric membranes for microfiltration or ultrafiltration in combination with reverse osmosis and, in some instances, nanofiltration. The properties of these membranes, such as pore size, wettability, surface charge, roughness, thermal resistance, chemical stability, permeability, thickness, and mechanical strength, vary depending on the specific application. Advances in membrane technology encompass new materials, coatings, and manufacturing methods. Emerging membrane processes, including membrane bioreactors, electrodialysis, and forward osmosis, have been developed to enhance selectivity, reduce energy consumption, resist fouling, and/or lower capital costs. These advancements contribute to the continual improvement of membrane technology for water treatment.
Major vendors in the global Polymeric Membrane market are
- Air Liquide
- Air Products
- Alsys Group
- CoorsTek
- Evonik
- Hyflux Ltd.
- Koch Separation Solutions
- LG Chem Ltd.
- Nanostone Water
- Nitto Denko Corporation (Hydranautics)
- Pall Corporation
- Parker Hannifin
- Pentair Plc
- Schlumberger
- Others
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Changing Consumer focus towards renewable energy sources
One of the primary drivers for the global Polymeric Membrane market is the significant importance of non-conventional solutions in wastewater treatment and reuse, targeting professionals and decision-makers. Emphasizing technologies such as anaerobic and extensive treatment of municipal, domestic wastewater, and greywater, the book advocates for reliable, sustainable, and cost-effective solutions suitable for rural and suburban areas. Additionally, it introduces innovative on-site concepts. The overarching focus is on water reuse within the context of national policies and strategies, offering guidelines, recommendations, and discussions on the social aspects of water reuse.
Market Dynamics
Drivers:
- Growing need for clean water and efficient treatment of wastewater
- Rising shift in focus towards renewable energy sources
- Increasing desire for high-performance electronics
- Health and Wellness Trends
Opportunities:
- Technological Advancements
- Increasing scarcity of water
- Growing awareness regarding water conservation
- Increase in pollution of water
Growing awareness regarding water conservation
The global polymeric membrane market, Water and soil serve as crucial inputs for crop cultivation. Both the scarcity and excess of water can impact plant growth, development, crop yields, and produce quality. Various methods, such as mulching, cropping patterns, tree planting, and water harvesting, can be employed to mitigate losses and enhance soil moisture. This study was conducted in two agro-climatic zones, the north-eastern and south-western zones of Haryana state. Through interviews with farmers, their awareness and constraints related to water conservation practices were assessed. The findings indicated that farmers were well aware that 'canal water is best for crops,' 'proximity to soil and water testing laboratories is beneficial,' and 'water harvesting reduces soil erosion.' Key constraints reported by farmers included 'lack of soil and water testing facilities and delayed reports' and 'deterioration of water quality in indigenous water harvesting structures. Desalination technologies like distillation, electro-dialysis, and reverse osmosis, as well as the implementation of efficient watering systems like drip irrigation and sprinklers, can contribute to reducing water consumption by plants.
North America dominates the market for Polymeric membrane.
North America stands out as the dominating region in the global Polymeric Membrane market, with the United States leading in consumption and market share. The region's dominance can be attributed to the high prevalence the increasing number of wastewater and treatment of water. The U.S. market particularly benefits consumer by implementing new laws and regulations of government for safe drinking water and uncontaminated water for citizens.
Asia-Pacific, and specifically India, is emerging as a key player with substantial growth potential in the Polymeric Membrane market. The high driving reason are increasing awareness regarding water recycling and water treatment. India's market is driven by a rising urban population, increasing disposable incomes, and a shift towards Westernized habits. The convenience factor aligns well with the fast-paced urban life in countries like India, making polymeric membrane increasingly popular. Additionally, government initiatives promoting the filtration processing sector and improvements in distribution channels contribute to the market's growth.
Another noteworthy region is the Middle East and Africa, where the demand for convenient filtration solutions is on the rise due to changing lifestyles and an expanding working-class population. South Africa, in particular, showcases promise as a market with high growth potential, driven by urbanization and a growing awareness of convenient filtration options.
The Canned Segments is anticipated to hold the Largest Market Share during the Forecast Period
In the global Polymeric Membrane market, the process of Forward Osmosis (FO), pressure is applied to propel the solvent through the membrane, selectively retaining most solutes on the feed side. To generate fresh water, the applied pressure surpasses the osmotic pressure of the feed solution. Reverse Osmosis (RO) plays a crucial role in Forward Osmosis Treatment (FAT), where the applied pressure exceeds the osmotic pressure to produce purified water. FAT has proven to be an effective and efficient method for potable reuse, particularly due to RO's ability to highly purify water by rejecting dissolved salts and common contaminants like organic molecules found in wastewater. Larger particulates, if not removed by upstream pre-treatment membranes such as Microfiltration (MF) or Ultrafiltration (UF), are also addressed. The RO step significantly reduces hardness, Total Dissolved Solids (TDS), organic carbon, nitrogen, phosphorus, and removes approximately 98% of pesticides.
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