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Global Membrane Filtration Market to Grow at a CAGR of 6.35% During 2022-2027, Aided by the Increased Use of Membrane Filtration in the Agro-Food and Biotech Industry

According to a new report by EMR titled, ‘Global Membrane Filtration Market Report and Forecast 2022-2027’, the global membrane filtration industry reached a value of USD 15.27 billion in 2021. The market is expected to grow at a CAGR of 6.35% in the forecast period of 2022-2027 to attain a value of USD 22.09 billion by 2027.

The membrane filtration market has been driven by the increased use of the technique in agro-food and bulk biotechnology industries. The membrane filtration technique operates at low to moderate temperatures, ensuring a gentle product treatment. The technological advancements in the agro-food and bulk biotech industry, coupled with rising demand for pure drinking water, are likely to propel market growth over the forecast period. The market will further be aided by the reduced energy consumption by the membrane filtration, which saves a significant amount of money in the food and biotech plants.

The Asia Pacific region is likely to account for a significant share in the market owing to the emergence of various water treatment projects in countries like India, China, and Japan. The thriving food and beverage and dairy products industry in the region are likely to augment the market growth in the region. The membrane filtration technology efficiently removes the contaminated minerals and impurities from the water and makes it fit for drinking. Hence, the water shortage in some countries in the region is likely to bolster the market in the forecast period.

In July 2021, DuPont de Nemours, Inc. (NYSE: DD) announced the selection of its FilmTec™ membrane by IDE Water Technologies to provide the reverse seawater osmosis (SWRO) filtration for the Sorek B, which is known to be one of the largest and oldest desalination plants in Israel. FilmTec™ is durable, energy-efficient, good with the rejection of impurities and has an extremely long-life span. This membrane is likely to save long term costs of this project. DuPont has started providing the SWRO membrane elements to the project site, including SWRO elements. This project is likely to enable longer storage times to reduce labour costs, owing to the energy efficiency and ease of installation.

Market Breakup by Types, Membrane Materials, Applications, and Region:

  • The market is segmented on the basis of type into reverse osmosis (RO), ultrafiltration (UF), microfiltration (MF), and nanofiltration (NF). The different membrane materials in the membrane filtration market include polymeric and ceramic.
  • The market on the basis of application can be divided into water and wastewater, food and beverages, dairy products, drinks and concentrates, wine and beer, among others.
  • The regional markets for membrane filtration can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

Key Findings of the Report:

  • The global market for membrane filtration has been driven by the significant increase in this technique in the agro-food and biotechnology industries.
  • The technological advancements in the end-use industries will further augment the market growth.
  • The growing demand for pure drinking water coupled with the ability of membranes to remove the impurities from water is likely to drive market growth.
  • The thriving food and beverage and water treatment industries in the emerging economies will propel market growth in the forecast period.
  • The market will further be aided by the rising seawater desalination projects worldwide.
  • The growing awareness about the reduced energy consumption in the membrane filtration method is anticipated to bolster the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the global membrane filtration market for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the types, membrane materials, applications, and regions of membrane filtration.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global membrane filtration industry are GEA Group AG, DuPont de Nemours, Inc., Pall Corporation, 3M Company, and Veolia Water Technololgies, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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