Home Press Releases Microfiltration Membranes Market Size Worth $2.53 Billion By 2030 | CAGR: 9.0%

Microfiltration Membranes Market Size Worth $2.53 Billion By 2030 | CAGR: 9.0%

The global microfiltration membranes market size is expected to reach USD 2.53 billion by 2030, according to a new study by Polaris Market Research. The report “Microfiltration Membranes Market Share, Size, Trends, Industry Analysis Report, By Filtration Mode (Direct Flow, Cross Flow); By Type (Cellulosic, Ceramic, Fluorinated Polymers, Others); By Application; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The demand for microfiltration membranes is expected to increase during the forecast period on account of the rise in awareness associated with wastewater treatment and strict regulations regarding wastewater. These membranes offer high efficiency in the separation of unwanted constituents from flow streams. They also offer easy and affordable operation, increasing their use in wastewater treatment, food and beverage, and pharmaceutical industries.

 

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The different applications of microfiltration membranes include food and beverage, water and wastewater treatment, chemical, pharmaceutical, biotechnology, and others. The water and wastewater treatment segment dominated the global market in 2021.

 

Increasing concerns regarding water scarcity and the rise in pollution of groundwater sources have increased the demand for this application. These membranes are increasingly being used for secondary municipal effluent reuse, water desalination, and the production of clean water. Asia Pacific accounted for a major share of the market in 2021. The increase in population, strengthening of the industrial sector, and growing urbanization influence industry growth. The increasing application of microfiltration membranes in the industrial sector, along with the rise in demand from the pharmaceutical and food & beverage sectors, supports the growth of the industry in the region. The rise in environmental concerns and the introduction of stringent water regulations has further boosted the demand for microfiltration membranes in the developing countries of Asia Pacific.

 

The outbreak of COVID-19 outbreak affected the global market on account of travel restrictions, disruption of the supply chain, and operational challenges. Lockdown impositions caused the shutting of manufacturing facilities and factories, resulting in reduced demand for microfiltration membranes from the industrial sector. However, there was a rise in demand experienced from the municipal sector owing to the imposition of lockdowns across the world, leading to the generation of a higher quantity of waste from the residential sector.

 

Microfiltration Membranes Market Report Highlights

  • The crossflow segment generated significant revenue in 2021 on account of its greater performance and ability to eliminate uneven flow and fouling
  • The fluorinated polymers segment accounted for a major share owing to its higher efficiency, durability, and chemical resistance
  • The waste and wastewater treatment segment dominated the global market in 2021 owing to a rise in environmental concerns and the introduction of initiatives for the reuse and recycling of water
  • Asia Pacific accounted for a major share in 2021 owing to an increase in population, urbanization, and industrialization
  • The global market is highly competitive owing to the existence of large industry players with a global presence, including Applied Membranes, Inc., Asahi Kasei, Koch Separation Solutions, Mann+Hummel Water & Fluid Solutions, Merck KGAA, Parker Hannifin Corporation, The 3M Company, and Toray Industries Inc among others

 

Polaris Market Research has segmented the microfiltration membranes market report based on filtration mode, type, application, and region:

 

Microfiltration Membranes, Filtration Mode Outlook (Revenue – USD Billion, 2018 – 2030)

  • Direct Flow
  • Cross Flow

Microfiltration Membranes, Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Cellulosic
  • Ceramic
  • Fluorinated Polymers
  • Others

Microfiltration Membranes, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Food and Beverage
  • Water and Waste Water Treatment
  • Chemical
  • Pharmaceutical
  • Biotechnology
  • Others

Microfiltration Membranes, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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