Global membrane technology market is expected to witness growth over the forecast period on account of increasing applications in food & beverage technology, biotechnology, and pharmaceutical industries. Membrane technology is also witnessing growth in environment protection and energy recovering techniques on account of its increasing application for separating liquid or gaseous streams. The process takes place without heating, unlike other separation processes of distillation, crystallization, or sublimation, so uses less energy making it viable to use.
Increasing deployment of membrane materials in food & beverage industry on account of being adaptive during temperature change along with inducing low energy consumption is expected to remain the favorable factor for market in the near future The pharmaceutical industry demonstrates the use of membrane technology in separation, purification, concentration processes which is expected to be a favorable factor for market over the forecast period. Waste water treatment is expected to be the potential application on account of deployment of membrane technology for reducing effluent levels. Numerous problems encountered during incorporation of membrane technology includes fouling in waste water treatment is expected to be a restraining factor for industry growth in the near future. Moreover, limitation in availability of membrane materials is proving to be a challenge for the market in the near future.
Membrane technology involves pressure driven operations such as microfiltration, ultra filtration, nano filtration and reverse osmosis. Micro filtration is a physical filtration process where a special pore sized membrane is passed through a contaminated liquid for separating microorganisms. This method has a wide range of applications in water treatment to remove turbidity and providing disinfection properties. It is also used in sterilization of beverages to remove bacteria and other undesired contaminants from liquid.
Membrane technology method is used in petroleum refining for removal of particulates from gases Expansion of refining industry in Middle East in light of favorable regulations to promote investments in domestic downstream sector is expected to increase the application of membrane materials in the near future. Membrane technology is expected to gain its application in dairy industry on account of rising demand for microfiltration aids in removal of bacteria during processing of milk products.
Ultra filtration is employed in food & beverage processing for removing bacteria which is expected to favorably impact market growth in the near future. Rising expenditure on nano filtration process by using nanometer sized pores with low total dissolved solids is expected to open new markets. This technology is expected to augment the proliferation of membrane technology in healthcare industry for extracting amino acids from blood cells, and removing tar components in oil & gas industry. Reverse osmosis process incorporates the use of semi permeable membrane for removing contaminants from drinking water which is expected to finds its application in water and waste water purification In the near future
North America is expected to dominate the global market in light of flourishing pharmaceutical and biotechnology industries in the U.S. With the presence of strong regulatory FDA in the U.S., the membrane technology market is expected to grow. Aforementioned application of membrane technology in numerous industries, the governments and industrialists are majorly investing in membrane technology, thus helping membrane technology flourish and grow. Increasing expenditure on membrane technology in numerous associations, societies, and organizations is expected to provide new market opportunities for manufacturers in the near future.
In 2015, European Union published urban waste water treatment directive aimed at treating urban waste water effectively thus opening new opportunities for the market in the near future. Asia Pacific is expected to be the fastest developing market over the forecast period on account of increasing health awareness among people and positive outlook on food & beverage, pharmaceutical and waste water treatment industries in China and India.
Major market players include Sartorius, Merck Millipore, Amazon Filters, 3M Company, GE Healthcare life sciences, Advantec MFS, Koch Membrane System, Pall Corporation, 3M Healthcare, Novasep, and Trisep Corporation. In 2011, Saint-Gobain launched Coretech barrier membrane technique which incorporates combination of different polymers, woven substrates and elastomers to achieve robustness and durability. Coretech has application in petrochemicals, healthcare and water treatment industry. New product development along with strategic tie-ups with buyers is expected to remain critical success factor for market in the near future.
Avail customized purchase options to meet your exact research needs:
Get your queries resolved from an industry expert.
Design an exclusive study to serve your research needs.
A testimonial for service in the form of BBB "A" Accreditation.
Your personal and confidential information is safe and secure.
"The quality of research they have done for us has been excellent..."