Membranes Market Size to Reach USD 10.81 Billion by 2027 | Stringent Government Regulations Regarding Discharge of the Industrial Wastewater and Water Treatment Solutions are Driving the Industry Growth, says Emergen Research

Vancouver, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — The global membranes market is projected to reach value of USD 10.81 Billion by 2027 growing at a CAGR of 9.1%, according to a current analysis by Emergen Research. This growth of the market can be attributed to increasing need to advance the traditional water treatment technology. Low separation efficiency, strict requirement of water, excessive wastage of water, and high energy consumption by the traditional water treatment technology have driven the use of the advanced membrane technology for treatment of water and wastewater.The membrane technology has a higher separation coefficient and it is more energy-efficient compared to the traditional water treatment technology. The membrane technology offers immense opportunities in case of “zero-waste” processes, as it enables re-use of the concentrated streams that are produced during water purification. Moreover, sustainability and cost-effectiveness of desalination technologies, such as membrane distillation, reverse osmosis, membrane bioreactor, forward osmosis, and electrodialysis, are driving the demand for the membrane technology among industries and municipalities.Claim Your FREE Sample Copy with Table of content@ Companies Profiled in Membranes Market Report are:Toray Industries, DuPont, Koch Separation Solutions, Hydranautics, Pentair, Lanxess, Asahi Kasei Corporation, LG Water Solutions, Suez, and Pall CorporationKey Highlights of Report In October 2020, Toray Membrane USA Inc. announced that it had entered into a partnership with M | MBR Systems. The collaboration was aimed to deliver innovative membrane bioreactor solutions to municipal and industrial sectors and to upgrade the company’s existing membrane technologies.The nanofiltration (NF) segment is anticipated to expand at the most rapid CAGR of 10.2% during the forecast period. The size of pores of nanofiltration membranes is smaller than those used in ultrafiltration and microfiltration. Nanofiltration membranes are increasingly being used in chemicals and pharmaceuticals industries, which is driving the segment.The polymeric segment held the largest market share of 64.7% in 2019. Rising need for virus reduction in water has driven the use of polymeric membranes for water and wastewater treatment. The water & wastewater treatment segment accounted for the largest share of the membranes market in 2019. Increasing adoption of advanced techniques for the treatment of wastewater, such as reverse osmosis, ion exchange, and adsorption, is boosting the use of the membrane technology in the industrial sector.The Asia Pacific market is expected to expand at the most rapid rate during the forecast period. Lack of access to potable water in developing countries has augmented the usage of the membrane technology for water and wastewater treatment.Check Our Prices@
Emergen Research has segmented the global membranes market in terms of technology, material, application, and region:
Technology Outlook (Revenue, USD Billion; 2017–2027)Ultrafiltration (UF)Nanofiltration (NF)Reverse Osmosis (RO)Microfiltration (MF)OthersMaterial Outlook (Revenue, USD Billion; 2017–2027)CeramicPolymericOthers  Application Outlook (Revenue, USD Billion; 2017–2027)Industrial ProcessingWater & Wastewater Treatment     Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: Outlook (Revenue, USD Billion; 2017–2027)North AmericaU.S.CanadaEuropeGermanyU.K.FranceBENELUXRest of EuropeAsia PacificChinaJapanSouth KoreaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaUAERest of MEATake a Look at our Related Reports:Spherical graphite market size was valued at USD 2,435.8 Million in 2019 and is forecasted to reach USD 9,598.8 Million by 2027 at a CAGR of 18.6%. The spherical graphite market is observing a double-digit growth attributed to its increasing usage in lithium-ion battery production.Sodium dichromate market size was valued at USD 759.2 Million in 2019 and is forecasted to reach USD 1,242.4 Million by 2027 at a CAGR of 6.3%. The sodium dichromate market is observing high demand attributed to its increasing application in pigment, metal finishing, chromium compounds preparation, leather tanning, and wood preservative.Acoustic insulation market size was valued at USD 12.94 Billion in 2019 and is forecasted to reach USD 19.64 Billion by 2027 at a CAGR of 5.3%. The acoustic insulation market is observing high demand attributed to its increasing application in building & construction, automotive, aerospace, and manufacturing.About Emergen ResearchEmergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.Contact Us:Eric LeeCorporate Sales SpecialistEmergen Research | Web: www.emergenresearch.comDirect Line: +1 (604) 757-9756E-mail: [email protected]Facebook | LinkedIn | Twitter | BlogsRead Full Press Release@

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