The global forward osmosis market is projected to reach $1,264.2 million by 2028, at a CAGR of 9.5% during 2023-2028. The growth of forward osmosis market is driven by increasing water scarcity and the need for sustainable water treatment solutions, growing demand for wastewater treatment, and rising regulatory pressure to decrease water pollution across the globe.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the forward osmosis market by membrane
material (cellulose acetate, polysulfone, polybenzimidazole, and others),
application (fertigation, emergency water supply, highly saline wastes, direct
wastewater treatment, and others), and region (North America, Europe, Asia
Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the forward osmosis market?
Q.4 What are some
changing demands of customers in the forward osmosis market?
Q.5 What are the new
developments in the forward osmosis market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this forward osmosis area and how big of
a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this forward osmosis market?
Market Segmentation:
Based on membrane
materials, the forward osmosis market is segmented into cellulose acetate,
polysulfone, polybenzimidazole, and others. The cellulose acetate segment
accounted for the largest share of the market in 2023 and is expected to
register the highest CAGR during the forecast period, due to owing to its
benefits like good mechanical strength and easy availability of its membrane
components.
North America will
remain the largest region due to the growing awareness towards waste water
management and increasing demand for clean purified water across the region.
Key Players in the
forward osmosis market are Acciona SA, Biwater, Cadagua, Degremont, General
Electric Company, Genesis Water Technologies, Hyflux, IDE Technologies, and
Koch Membrane System.
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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