Membrane Filtration Market: Current Analysis and Forecast (2021-2027)
$3999 – $7577
Emphasis on Type (RO, UD, MF, NF); Application (Water & Wastewater, Food & Beverages); Module Design (Spiral Wound, Tubular Systems, Plate & Frame, Hollow Fiber); Membrane Material (Polymeric, Ceramic); Region/Country
Global Membrane Filtration Market was valued at US$ 14 Billion in 2020 and is anticipated to reach US$ 22 Billion by 2027 displaying an elevated CAGR of 6.7% over the forecast period (2021-2027). A rise in the food processing, dairy processing industry is generating the demand of the membrane filtration market. The rise in the dairy industry is witnessing an untick on account of the rising production as well as consumption of milk and its byproducts such as yogurt, cheese, milk powder, and others along with increased demand for automation in dairy products manufacturing. For instance, as per the National Dairy Development Board, there were 187.7 million tons of production of milk in India in the year 2018-2019. Also, In 2016, over 212.4 billion pounds of cow’s milk were produced in the U.S., and it amounted to about 223.1 billion pounds at the end of 2020.
Moreover, a rise in disposable income across the globe is resulting in the increasing demand for frozen food, bakery products, etc. Also, In addition, the increase in rural-urban migration has led to an increase in street vending, ready-to-eat, and convenience foods Therefore, the demand for membrane filtration is emerging by the countries 17,000 new SCIs occur in the U.S and as many as 450,000 people in the country are living with a spinal cord injury (SCI)
DuPont, Alfa Laval, GEA Group AG, Suez Water Technologies & Solutions, Pall Corporation, 3M Company, Koch Membrane Systems, Inc., Veolia, Prominent GmbH, and Pentair PLC. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products.
Insights Presented in the Report
“Amongst Type, RO segment holds the major share”
Based on the Type, the market is fragmented into RO, UD, MF, and NF. The RO segment of the Global Membrane Filtration Market grabbed the major market share and dominated the market.
“Amongst Application, Water & Wastewater segment grabbed Major Market share in 2020”
Based on the application, the market is fragmented into water & wastewater and Food & beverages. The water and Wastewater segment grabbed major market share in 2020. Furthermore, the food and beverage segment is segregated into Dairy Products, Drinks and Concentrates, Wine and Beer, and Other Food & Beverage.
“Amongst Module Design, Spiral Wound segment to dominate the market during the forecast period”
Based on the Module Design, the market is mainly fragmented into Spiral Wound, Tubular Systems, Plate & Frame, and Hollow Fiber. The spiral wound segment grabbed major market share in 2020. However, the tubular systems segment would emerge in the forecast period and would witness the highest CAGR during the forthcoming period.
“Amongst Membrane Material, the Polymeric Segment to dominate the market during the forecast period”
Based on the Membrane Material, the market is mainly fragmented into Polymeric, Ceramic. The Polymeric segment captured the significant share in 2020. Moreover, this segment is expected to grow at a substantial rate during the forecast period. Furthermore, the Ceramic segment is expected to witness the considerable CAGR during the forecast period
“North America represents one of the largest markets of Membrane Filtration market”
For a better understanding of the market dynamics of the Membrane Filtration market, a detailed analysis was conducted for different regions across the globe including North America, Europe, Asia Pacific, and the Rest of the world. North America dominated the market in 2020. Moreover, the region is expected to witness the highest CAGR during the forecast period.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts
- The report presents a quick review of overall industry performance at one glance
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
- The study comprehensively covers the market across different segments
- Deep dive regional level analysis of the industry
The Membrane Filtration Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
You can also purchase parts of this report. Do you want to check out a section wise
|1.2.||Objective of the Study|
|1.5.||Currency Used in Report|
|1.6.||Scope of the Global Membrane Filtration Market Study|
|2.1.||Research Methodology for the Global Membrane Filtration Market|
|2.1.1.||Main Objective of the Global Membrane Filtration Market|
|6||GLOBAL MEMBRANE FILTERATION MARKET REVENUE|
|7.1.||Reverse Osmosis (RO)|
|8.1.||Water & Wastewater|
|8.2.||Food & Beverages|
|8.2.2.||Drinks and Concentrates|
|8.2.3.||Wine and Beer|
|8.2.4.||Other Food & Beverage|
|9.3.||Plate & Frame and Hollow Fiber|
|11.1.||North America Membrane Filtration Market|
|11.2.||Europe Membrane Filtration Market|
|11.3.||Asia Pacific Membrane Filtration Market|
|11.4.||Rest of the World Membrane Filtration Market|
|13.1.||Demand Side Analysis|
|13.2.||Supply Side Analysis|
|13.2.1.||Top Product Launches|
|13.2.2.||Top Business Partnerships|
|13.2.3.||Top Merger & Acquisitions|
|14||VALUE CHAIN ANALYSIS|
|15||MEMBRANE FILTERATION MARKET OPPORTUNITIES|
|16.1.||Porter’s Five forces analysis|
|16.1.1.||Bargaining power of Supplier|
|16.1.2.||Bargaining power of Buyer|
|16.1.4.||Availability of Substitute|
|16.1.5.||Threat of new Entrants|
|17.3.||GEA Group AG|
|17.5.||Suez Water Technologies & Solutions|
|17.7.||Koch Membrane Systems, Inc.|
Analyzing the historical market, estimation of the current market, and forecasting the future market of the Membrane Filtration Market were the three major steps undertaken to create and analyze the demand for Membrane Filtration across major regions. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Membrane Filtration market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/ bottom-up approach to forecast the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detailed secondary study was conducted to obtain the historical market size of the Membrane Filtration through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Membrane Filtration market, we conducted a detailed secondary analysis to gather historical market insights and share for different Types, Module Designs, Membrane materials, and Applications for major regions. Major segments included in the report are Type and Membrane Material. Further region and country-level analyses were conducted to evaluate the overall adoption of Membrane Filtration across the globe.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of Membrane Filtration. Further, we conducted factor analysis using dependent and independent variables such as surging demand for clean water, wastewater from industries such as Food and beverage, etc., A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, merger and acquisition, business expansion, and product launches in the Membrane Filtration industry across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Membrane Filtration market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weightage was assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e. bottom-up/ top-down approach was applied to arrive at the market forecast about 2027 for different segments and subsegments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of value (US$) and the adoption rate of Membrane Filtration across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the Membrane Filtration market in terms of services offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the Membrane Filtration market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of Type, Application, Membrane material, and Module Design of the Membrane Filtration market.
Main Objective of the Membrane Filtration Market Study
The current & future market trends of Membrane Filtration were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of Membrane Filtration in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of type, membrane material, and module Design and application
- Define and analysis of the regulatory framework for the Membrane Filtration industry
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
- Analyze the current and forecast market size of the Membrane Filtration market for the major countries
- The major region studied in the report includes North America, Europe, Asia- Pacific and Rest of the World.
- Company profiles of the Membrane Filtration market and the growth strategies adopted by the market players to sustain in the fast-growing market
Deep dive regional level analysis of the industry