The global membranes market is likely to reach value of USD 10.81 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the increasing need for reclaiming water from different wastewater streams for re-use. Increasing utilization of membranes for production of potable drinking water from groundwater, surface water, and seawater sources is driving the market. Increasing research and development activities for the advancement of wastewater treatment solutions and desalination are contributing to the demand for the membrane technology. Municipalities are increasingly utilizing microfiltration and ultrafiltration for water and wastewater treatment.
The latest study unravels the unfavorable impacts of the COVID-19 pandemic on the global Membranes business sector. According to our expert team, the corona virus outbreak has had an overwhelming impact on the global economic landscape, and consequently, on this business vertical. The pandemic is expected to contribute to the potential downturn of the Membranes industry substantially. Reportedly, this sector has been financially beleaguered since the COVID-19 lockdown restrictions were put into effect. Hence, the report highlights the financial obstacles that have slowed numerous businesses’ progress in this sector and disrupted the global supply chains.
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The report provides a comprehensive analysis in an organized manner in the form of tables, graphs, charts, figures, and diagrams. The organized data paves the way for thorough examination and research of the current and future outlook of the market. The report further offers a thorough SWOT and Porter’s Five Forces analysis to impart a better understanding of the competitive landscape of the Membranes market.
Key Highlights of Report
In October 2019, DuPont announced that it had signed an agreement regarding acquisition of the ultrafiltration membrane business of BASF, a leading chemical company in Germany. The acquisition is expected to help DuPont widen its portfolio of separation technologies and water purification, which comprises reverse osmosis, ultrafiltration, and ion exchange resins.
The Asia Pacific region accounted for the largest share of the global membranes market in 2019. Rapid increase in industrialization and growth in agricultural and domestic activities are producing large amounts of wastewater, driving the demand for membranes in the region.
Key market participants include Toray Industries, DuPont, Koch Separation Solutions, Hydranautics, Pentair, Lanxess, Asahi Kasei Corporation, LG Water Solutions, Suez, and Pall Corporation
Emergen Research has segmented the global membranes market in terms of technology, material, application, and region:
Technology Outlook (Revenue, USD Billion; 2017–2027)
Material Outlook (Revenue, USD Billion; 2017–2027)
Application Outlook (Revenue, USD Billion; 2017–2027)
Water & Wastewater Treatment
Geographical Terrain of the Membranes Market:
North America (the U.S., Canada, and Mexico)
Europe (the U.K, Germany, France, Russia, and Italy)
Asia Pacific (China, Japan, Korea, India, and Southeast Asia)
Latin America (Brazil, Argentina, Colombia, etc.)
Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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Key highlights of the report:
The latest report performs an in-depth study of the potential opportunities and risks associated with the global Membranes market, alongside studying the recent innovations and major events.
The report underlines the niche segments/regions that exhibit potential growth over the forecast timeframe.
The report analyzes numerous business expansion strategies adopted by the contending companies in this market.
A detailed synopsis of the market includes the rapidly changing market dynamics and accurate prediction of the current, historical, and forecast market sizes in terms of volume and value.
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Membranes Market Segmentation & Impact Analysis
4.1. Membranes Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. Strict regulations regarding water treatment
22.214.171.124. Scarcity of freshwater resources
126.96.36.199. Increasing awareness regarding water conservation
4.2.3. Market restraints analysis
188.8.131.52. High capital investment required for membranes
184.108.40.206. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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