The membrane filtration market is projected to grow at a CAGR of 5%-7% during 2020-2025. The growth of membrane filtration market is driven by rapidly growing dairy industry, regulations for water safety and filtration, and rising demand for premium products and efficiencies offered by membrane filtration technologies.
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 membrane filtration market by
type (RO, UF, MF, and NF), application (water & wastewater and food &
beverage), module design (spiral, tubular,
and plate & frame), membrane material (polymeric and ceramic), and
region (North America, Europe, Asia Pacific, and 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 membrane filtration market?
Q.4 What are some
changing demands of customers in the membrane filtration market?
Q.5 What are the new
developments in the membrane filtration 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 membrane filtration 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 membrane filtration market?
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Market Segmentation:
Based on type, the
membrane filtration market is segmented into RO, UF, MF, and NF.. The RO accounted
for the largest share of the market in 2020 as the RO process removes minerals,
such as iron, fluoride, lead, salt, manganese, and calcium. The water used in
the beverage industry comes typically from municipal sources. This water is
drinkable, but contains elements of hardness or deposits of heavy metals that
are usually from the pipes that transport the water; such elements in the water
may affect the taste of the water, and thereby, the taste of the beverages.
Asia Pacific is expected
to be the largest region over the forecast period due to 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.
Key Players in the membrane
filtration market are 3M Company, The WABAG Group, Pall Corporation, GEA Group,
Dow Company, Koch Membrane System, and Veolia Water Technologies.
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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.
To read more about this market please click on
https://www.lucintel.com/membrane-filtration-market.aspx.
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. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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