Global Hollow Fiber Membrane Market Size & Outlook

The global hollow fiber membrane market size was estimated at USD 876.0 million in 2022 and is projected to reach USD 2,702.5 million by 2030, growing at a CAGR of 15.1% from 2023 to 2030.
Revenue, 2022 (US$M)
$876.0
Forecast, 2030 (US$M)
$2,702.5
CAGR, 2023 - 2030
15.1%
Report Coverage
Worldwide

Global hollow fiber membrane market highlights

  • The global hollow fiber membrane market generated a revenue of USD 876.0 million in 2022 and is expected to reach USD 2,702.5 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 15.1% by 2030.
  • In terms of segment, water & wastewater treatment accounted for a revenue of USD 395.5 million in 2022.
  • Pharmaceutical & Medical is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2022.
  • Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.


Global data book summary

Market revenue in 2022USD 876.0 million
Market revenue in 2030USD 2,702.5 million
Growth rate15.1% (CAGR from 2022 to 2030)
Largest segmentWater & wastewater treatment
Fastest growing segmentPharmaceutical & Medical
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWater & Wastewater Treatment, Industry Processing, Food & Beverage Processing, Pharmaceutical & Medical


Other key industry trends

  • In terms of revenue, the North America accounted for 21.4% of the global hollow fiber membrane market in 2022.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, UK is the fastest growing regional market and is projected to reach USD 46.8 million by 2030.

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Hollow Fiber Membrane Market Companies

Name Profile # Employees HQ Website
Sterlitech Corporation View profile 11-50 Kent, Kent, United Kingdom, Europe http://www.sterlitech.com
Meissner View profile 51-100 Camarillo, California, United States, North America https://www.meissner.com/
Synder Filtration View profile 101-250 Vacaville, California, United States, North America https://synderfiltration.com/
Repligen Corp View profile 1783 41 Seyon Street, Building 1, Suite 100, Waltham, MA, United States, 02453 https://www.repligen.com
Parker Hannifin Corp View profile 62730 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 http://www.phstock.com
Cole-Parmer View profile - Vernon Hills, Illinois, United States, North America https://www.coleparmer.com/
Asahi Kasei Corp View profile 48897 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 http://www.asahi-kasei.co.jp
Sartorius AG View profile 14338 Otto-Brenner-Strasse 20, Gottingen, NI, Germany, 37079 https://www.sartorius.com
Danaher Corp View profile 63000 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 https://www.danaher.com
Merck KGaA View profile 62345 Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 https://www.emdgroup.com

Global hollow fiber membrane market size, by region, 2018-2030 (US$M)

Top 10 countries: Hollow fiber membrane market size, 2022 (US$M)

Global hollow fiber membrane market share, by application, 2022 & 2030 (%, US$M)

Hollow fiber membrane market: Opportunity assessment by country

Global hollow fiber membrane market, by region, 2022 (US$M)

Global hollow fiber membrane market size, by region, 2018-2030 (US$M)

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