The Membrane Separation Market is expected to grow at a CAGR of 12.8 percent from 2020 to 2028
Report Overview
The global membrane separation market is predicted to develop at a compound annual growth rate (CAGR) of 12.2 percent from 2020 to 2028, with a market value of USD 19.6 billion in 2020. The demand for wastewater treatment technology is being driven by rising population, which is causing depletion of water resources and contamination of ground and surface water bodies.
Various R&D projects are being carried out by industry participants in partnership with research institutes to develop and expedite membrane manufacturing technology. In comparison to other membrane production methods now available, the possible usage of 3D printing technique may enable the manufacturing of membranes in various shapes and designs in a more exact manner.
The United States Food and Drug Administration (FDA) has recommended that RO pre-filtration be used in the food and beverage industry to limit the risk of biofilm formation. In the next years, this is expected to boost demand for membrane separation technologies.
Polymeric materials such as Polyvinylidene Fluoride (PVDF), Polyethersulfone (PES), Polyacrylonitrile (PAN), Polyethylene (PE), and Polypropylene (PP) are used to make the bulk of today's membranes (PP). Ceramic membranes are also gaining popularity as a result of their chemical inertness and ability to work at high temperatures.
Several legislative and technological changes have an impact on the industry, and they play an important part in driving the market. Over the projected period, strict environmental rules limiting wastewater discharge are expected to have a favourable impact on market growth..
The introduction of membrane products with improved durability and greater flow rates has resulted from increased investments and continuing R&D in membrane separation technology. Furthermore, manufacturers are creating membrane technologies to meet the needs of specific end-use sectors.
Technology Insights
The most prevalent category in the membrane separation market, reverse osmosis, is predicted to grow at a CAGR of 12.1 percent over the forecast period. Membranes having a pore size of less than one nm are employed in the production of ultrapure water, the treatment of landfill leachates, and the separation of seawater desalination.
Traditional thermal desalination technologies such as Multistage Flash Distillation (MSF) and Multiple Effect Distillation have a much lower recovery rate than reverse osmosis (MED). As a result, in saltwater desalination plants all over the world, reverse osmosis technology is rapidly replacing the thermal desalination process.
Ultrafiltration is also one of the most common types of filtration on the market. The Membrane Separation Market is expected to grow at a CAGR of 12.8 percent from 2020 to 2028, with a market value of USD 4.0 billion in 2020. The single-membrane filtering process in ultrafiltration, which serves as an effective barrier to hazardous bacteria, viruses, and other contaminants, is responsible for the rising demand for such membranes.Ultrafiltration membranes are commonly utilised in the treatment of wastewater for reuse. In addition, ultrafiltration is becoming a viable alternative to reverse osmosis in home water purification systems.
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