Membrane separation is an advanced technology that is used to separate the component from the mixture and is widely used across industrial and commercial sectors. It has excellent properties such as durability, porosity, stability, permeability, and selectivity. It is also used across wastewater treatment plant for cleaning and filtering the water and make it drinkable on a large scale. Some of the membrane separation technologies are reverse osmosis (RO), microfiltration (MF), ultrafiltration (UF), and nanofiltration (NF). Some of the major end-user of the membrane separation market are food & beverages, medical & pharmaceutical, water & waste treatment, and industrial processing.
Global membrane separation market was valued at US$ 12 Billion in 2021 in terms of revenue, exhibiting a CAGR of 5.7% during the forecast period (2022 to 2030).
Drivers
Growing demand for membrane separation from the municipal industry is expected to drive the market growth. The municipal industry utilizes membrane separation for treating wastewater and supplying it to the public water system for the use. Growing demand for municipal water due to increasing population and industrialization is expected to foster the market growth of the membrane separation. Moreover, growth in the urban population is another major factor fueling the demand for municipal water, in turn, propelling the market growth of membrane separation
Rising cases of waterborne disease around the globe are expected to fuel the demand for membrane separation over the forecast period. In 2019, according to the World Health Organization 3.4 million people, mostly children, die annually from water-related diseases. Growing awareness regarding proper sanitation and hygiene among consumers of the developing region is further anticipated to augment the market growth of membrane separation.
The COVID-19 outburst across the globe severely impacted the membrane separation market of major players. Key players functioning in the market are adopting new strategies in order to mitigate the impact of the COVID-19 pandemic. Mining industries across the globe are expected to function normally by second half of the year as enterprises are focusing on returning back to operations. This scenario is expected to continue with the extension of lockdowns in various countries across the globe in in response to the COVID-19 pandemic.
Figure 1. Global Membrane Separation Market Value Share (%), By Region, 2021
Market Restraints
The high installation and operational cost of the membrane separation are projected to restrict the use of the technology. Moreover, lack of awareness regarding the benefits of this technology across the developing region of rural areas is also expected to hamper the market growth. Fluctuating prices of raw materials used in the production of membrane separation are expected to hamper the market growth over the forecast period.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2021 | Market Size in 2021: | US$ 12 Bn |
| Historical Data for: | 2017-2020 | Estimated Year: | 2022 |
| Forecast Period 2022 to 2030 CAGR: | 5.7% | Forecast Period: | 2022-2030 |
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| Companies covered: |
Sartorius AG, 3M Company, Koch Membrane Systems Inc., TriSep Corporation, The Dow Chemical Company, GE Water & Process Technologies, IDE Technologies, Evoqua Water Technologies LLC, Pentair X-Flow, Pall Corporation, Polypore International, Inc., Asahi Kasei Corporation, Hyflux, and Kubota |
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Market Trends
Product innovation by key players is one of the major business strategies in the market expected to augment the market growth of the membrane separation. For instance, in February 2020, Applied Biomimetic, a convergence of polymer and protein-membrane technologies provider, launched two new membrane products to its solution portfolio, with the addition of PS 20,000 and PS 30,000 Dalton molecular weight cut off (MWCO) rated membranes. These membranes are available in spiral-wound configuration across various standard sizes and component configurations. The increasing popularity of reverse osmosis technology that offers an effective filtration method is expected to propel the market growth of the membrane separation. Reverse osmosis technology is used to produce ultrapure water, seawater desalination, and landfill leachates treatment. Moreover, this technology offers a higher recovery rate than traditional water treatment technology. Thus, the growing demand for reverse osmosis technology is expected to fuel market growth.
Figure 2. Global Membrane Separation Market Value Share (%), By Technology, 2021
On the basis of technology, microfiltration dominated the global membrane separation market in 2021 with around 33% of market share in terms of revenue, followed by reverse osmosis and ultrafiltration, respectively.
Recent Developments
In August 2022, 3M Company, a conglomerate company, announced the debut of 3M VHB Extrudable Tape, a new manufacturing bonding solution that is elevated levels of automation, simplicity, and sustainability across industries. This end-to-end bonding solution combines all the benefits of 3M VHB Tapes with the versatility of a liquid adhesive in a single contained footprint enabling usage on any scale.
Scarcity of pure water resources is augmenting the opportunities for the use of membranes in purification of brackish water. Rapid rise in population and steady expansion of industries has fuelled the demand for water. This in turn has increased the requirement for membranes for water & wastewater treatment applications.
Market Dynamics
The global membrane separation market has witnessed significant growth in recent past years, owing to the rising depletion of water resources and increasing contamination of surface water bodies and ground in developing region. Furthermore, growing investments for Research & Development in membrane separation production technology have led to the introduction of products with enhanced flow rates and better durability. This scenario is expected to provide lucrative growth to the global membrane separation market over the forecast period.
Major players in the global membrane separation market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use application such as municipality, mining, wastewater treatment. This scenario is expected to fuel the market during the forecast period.
The nanofiltration segment is projected to grow at a significant rate over the forecast period on account of its growing utilization for producing Ultrapure Water (UPW) in the semiconductor and pharmaceutical industries. In addition, the growing preference for nanofiltration in the dairy, chemical processing, and textile sectors is expected to further propel segment growth. Nanofiltration technology removes most of the organic contaminants from water and wastewater. They are used in the recovery of spent acids and caustic solutions from industrial effluents. Furthermore, it can be used for the elimination of dyes and colorants from the wastewater generated by textiles and leather processing industries.
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section
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