Membrane Filtration Market Growth Opportunities by 2025

The report “Membrane Filtration Market by Type (RO, UF, MF, NF), Application (Water, Dairy, Drinks & Concentrates, Wine & Beer), Module Design (Spiral, Tubular, Plate & Frame), Membrane Material (Polymeric & Ceramic), and Region – Global Forecast to 2025″,  is estimated to be valued at USD 13.5 billion in 2019 and is projected to reach USD 19.6 billion by 2025, at a CAGR of 6.4% from 2019 to 2025.

The rapidly growing dairy industry, stringent regulations for water safety & filtration, and rising demand for premium alcoholic drinks products are some factors driving the growth in the membrane filtration market.

The Reverse osmosis (RO) segment is estimated to account for the largest share, in terms of value, by type, in 2018

Based on type, the membrane filtration market for food & beverages is segmented into reverse osmosis (RO), ultrafiltration (UF), microfiltration (MF), and nanofiltration (NF). The reverse osmosis (RO) segment accounted for the largest market share in 2018 as the technology efficiently removes contaminants such as harmful bacteria & yeast from water, and thus, is majorly utilized in drinking water processing plants. This technology is used commonly for the demineralization and deionization of water. Government bodies in several countries are also utilizing reverse osmosis technology to ensure access to safe drinking water to the population. Apart from the water industry, RO technology has gained traction in the beverage industry. Water is an essential ingredient in the industry, and thus, beverage manufacturers are adopting this highly efficient technology for water purification.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=68840418

Ceramics are estimated to witness the fastest growth in the membrane filtration market in 2018

By membrane material, the membrane filtration market is segmented into polymeric and ceramic. The ceramic segment is estimated to grow at the highest CAGR due to its high resistance to extreme temperature conditions and chemicals. Due to properties such as extremely high chemical and physical stability, long lifespan, and effective separation, the ceramic membrane is utilized majorly in the water processing industry. Further, these membranes are used in the food & beverage industry for several applications such as clarification of juice & beer, dewatering of products, sterilization of milk and whey, the concentration of juices, and desalination of whey.

Asia Pacific is projected to account for the largest market share during the forecast period

In 2018, Asia Pacific constituted over one-third market share within the membrane filtration market. Increasing usage of membrane filtration in water processing plants for purification and the dairy & food industries for pasteurization, sterilization, and concentration processes in this region create huge demand for membrane filtration technology. China dominated the Asia Pacific membrane filtration market. The membrane filtration market in this country is majorly driven by the increasing use of membrane filtration technology for water purification. The growing population in this country has led to a rising need for sustainable purification technologies to ensure the supply of safe drinking water. India is projected to be the fastest-growing membrane filtration market for food & beverages during the review period. The increase in demand for dairy products, government support for membrane filtration technology in water purification, the growth in the purchasing power of the middle-class group for quality products, and the rise in consumption of functional food are some of the key factors that are projected to drive the demand for membrane filtration technology in this country.

Make an Inquiry:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=68840418

Key Market Players

The key players profiled in the membrane filtration market include DowDuPont (US), Suez Water Technologies and Solutions (US), Alfa Laval AB (Sweden), GEA Group AG (Germany), Pall Corporation (US), 3M Company (US), Koch Membrane Systems Inc (US), Veolia (France), SPX Flow, Inc. (US), Prominent GmbH (Germany), Pentair Plc. (US), and Porvair Filtration Group (UK). These companies are focusing on strategies such as new product launches, expansions, mergers & acquisitions, and agreements & partnerships to expand their operations across the globe.