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Report Overview
The global membrane filtration market size attained a value of approximately USD 17.66 billion in 2023. The market is further expected to grow at a CAGR of around 7.00% in the forecast period of 2024-2032, reaching a value of around USD 32.51 billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Membrane Filtration Market Regional Analysis
Regionally, the Asia Pacific accounts for a sizable share of the global market for membrane filtration, driven by the rising demand for membrane filtration for dairy applications. The increasing demand for dairy products in the region can be attributed to the rising population and disposable income in the region. Additionally, the stringent regulations of various governments in the Asia Pacific, aimed towards energy conservation are likely to propel the market growth for membrane filtration over the forecast period. This can be attributed to the fact that using membrane filtration for cold pasteurisation and sterilisation of dairy products instead of high temperature treatment in the removal of microorganisms is more economical in terms of energy consumption.
Membrane Filtration Market Report Snapshots
Membrane Filtration Market Size
Membrane Filtration Market Growth
Membrane Filtration Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global market for membrane filtration attained a value of around USD 17.66 billion.
The market is estimated to grow at a CAGR of 7.00% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 32.51 billion by 2032.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include rising applications of membrane filtration in water and wastewater treatment, increasing use in food and beverage preparation, and the various benefits of membrane filtration.
The key membrane filtration market trends include the rising efforts being made by various governments towards curbing water pollution, increasing demand for dairy products, and growing awareness about the reduced energy consumption of membrane filtration.
The various types of membrane filtration in the market are reverse osmosis (RO), ultrafiltration (UF), microfiltration (MF), and nanofiltration (NF).
The significant membrane materials in the market for membrane filtration are polymeric and ceramic.
the different applications of membrane filtration in the market are water and wastewater, food and beverages, dairy products, drinks and concentrates, and wine and beer, among others.
The major players in the market, according to the report, are GEA Group AG, DuPont de Nemours, Inc., Pall Corporation, 3M Company, Veolia Water Technololgies, Inc., Koch Separation Systems, Inc., Pentair Plc, Alfa Laval AB, SPX Flow Inc., and Prominent GmbH, among others.
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