Membranes Market, Till 2035: Distribution by Type of Material, Type of Technology, Type of Application, Type of End User, Company Size, Business Model, and Geographical Regions: Industry Trends and Global Forecasts
As per Roots Analysis, the global membranes market size is estimated to grow from USD 10.77 billion in the current year to USD 29.86 billion by 2035, at a CAGR of 9.71% during the forecast period, till 2035.
The opportunity for membranes market has been distributed across the following segments:
Type of Material
Polymer
Ceramic
Others
Type of Technology
Microfiltration
Ultrafiltration
Nanofiltration
Reverse Osmosis
Type of Application
Water and Wastewater Treatment
Industrial Processing
Company Size
Large Enterprises
Small and Medium Enterprises
Business Model
B2B
B2C
B2B2C
End User
Waste Water Treatment
Pharmaceutical
Food & Beverages
Chemical Industry
Power Generation
Textiles
Electronic Consumers
Geographical Regions
North America
US
Canada
Mexico
Other North American countries
Europe
Austria
Belgium
Denmark
France
Germany
Ireland
Italy
Netherlands
Norway
Russia
Spain
Sweden
Switzerland
UK
Other European countries
Asia
China
India
Japan
Singapore
South Korea
Other Asian countries
Latin America
Brazil
Chile
Colombia
Venezuela
Other Latin American countries
Middle East and North Africa
Egypt
Iran
Iraq
Israel
Kuwait
Saudi Arabia
UAE
Other MENA countries
Rest of the World
Australia
New Zealand
Other countries
Membranes Market: Growth and Trends
The membrane market has been undergoing significant growth in recent years, fueled by increasing applications in diverse industries. This technology involves a micro-porous barrier constructed from various materials intended for separating impurities. Membrane technology is frequently utilized for eliminating organic matter, waste from microorganisms, particulate matter, bacteria, odors, and other liquids. For example, in the agricultural sector, membrane-based filters are extensively employed in desalination plants to extract harmful components such as silica, chlorides, and sulfate residues from water.
These contaminants can negatively impact crop quality and render land unsuitable for high-yield agricultural production. Notably, due to the rising environmental concerns, numerous governments have established strict regulatory frameworks for managing wastewater, which further encourages industries to embrace innovative membrane technologies.
In response to the growing demand, various stakeholders in industry are actively investigating advanced technologies, making significant investments, and implementing strategic measures. Additionally, fueled by ongoing investments and the persistent need for membrane-based filters across various sectors, the membranes market is anticipated to experience significant growth during this forecast period.
Membranes Market: Key Segments
Market Share by Type of Material
Based on type of material, the global membranes market is segmented into polymeric, ceramic and others. According to our estimates, currently, the polymeric material captures the majority of the market share. This growth can be attributed to the versatility and cost-effectiveness of polymeric substances such as polyvinylidene, polypropylene, and polyether sulfonate.
However, the market for polymeric membranes is expected to grow at a higher CAGR during the forecast period, due to its excellent durability and strong resistance to harsh chemicals, making them highly suitable for diverse industrial applications
Market Share by Type of Technology
Based on type of technology, the membranes market is segmented into microfiltration, ultrafiltration, nanofiltration, and reverse osmosis. According to our estimates, currently, reverse osmosis captures the majority of the market. This can be attributed to the increasing use of reverse osmosis (RO/FO technology) in industrial sectors, particularly for wastewater treatment and desalination. However, the market for nanofiltration is expected to grow at a higher CAGR during the forecast period.
Market Share by Type of Application
Based on type of application, the membranes market is segmented into water and wastewater treatment and industrial processing. According to our estimates, currently, water and wastewater treatment captures the majority share of the market. This can be attributed to the increasing adoption of membrane technologies for treating wastewater.
Advanced membranes efficiently remove contaminants such as dirt, microorganisms, and particulates, making treated water suitable for reuse across various applications. However, the market for pharmaceuticals and food & beverages sector is expected to grow at a higher CAGR during the forecast period.
Market Share by Company Size
Based on company size, the membranes market is segmented into large enterprises and small and medium enterprises. According to our estimates, currently, large enterprises captures the majority share of the market. This can be attributed to the fact that these companies possess significant technical expertise and are utilizing advanced technologies to develop innovative membrane solutions for a wide range of industries.
Market Share by Geographical Regions
Based on geographical regions, the membranes market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and the rest of the world. According to our estimates, currently, Asia-Pacific captures the majority share of the market. Countries such as China and Japan have introduced stringent regulations aimed at protecting natural water resources from pollution, which has significantly increased the demand for membrane technologies in water treatment facilities. Notably, China and India have updated their Water Pollution Prevention and Control Laws to address environmental concerns. These ongoing regulatory measures have emphasized the need for desalination plants to treat wastewater prior to its release into water bodies.
However, North America is expected to witness a relatively higher CAGR during the forecast period, driven by the expanding use of membrane technologies across various industrial sectors. Moreover, the implementation of industrial regulations by the EPA, which govern water filtration standards and performance, is anticipated to boost the demand for ultrafiltration membranes in this region.
Example Players in Membranes Market
AXEON Water Technologies
Asahi Kasei Corporation
Dow
GENERAL ELECTRIC
GEA Group Aktiengesellschaft
Hyflux
Koch Separation Solutions
LANXESS
LG Chem
Merck
Membranium
MICRODYN-NADIR
NITTO DENKO CORPORATION
Pentair
PARKER-HANNIFIN
Pall Corporation
TOYOBO
TORAY INDUSTRIES
Veolia
W. L. Gore & Associates
Membranes Market: Research Coverage
The report on the membranes market features insights on various sections, including:
Market Sizing and Opportunity Analysis: An in-depth analysis of the membranes market, focusing on key market segments, including [A] type of material, [B] type of technology, [C] type of application, [D] type of end user, [E] company size, [F] business model, and [G] geographical regions.
Competitive Landscape: A comprehensive analysis of the companies engaged in the membranes market, based on several relevant parameters, such as [A] year of establishment, [B] company size, [C] location of headquarters and [D] ownership structure.
Company Profiles: Elaborate profiles of prominent players engaged in the membranes market, providing details on [A] location of headquarters, [B] company size, [C] company mission, [D] company footprint, [E] management team, [F] contact details, [G] financial information, [H] operating business segments, [I] membranes portfolio, [J] moat analysis, [K] recent developments, and an informed future outlook.
SWOT Analysis: An insightful SWOT framework, highlighting the strengths, weaknesses, opportunities and threats in the domain. Additionally, it provides Harvey ball analysis, highlighting the relative impact of each SWOT parameter.
Value Chain Analysis: A comprehensive analysis of the value chain, providing information on the different phases and stakeholders involved in the membranes market
Key Questions Answered in this Report
How many companies are currently engaged in membranes market?
Which are the leading companies in this market?
What factors are likely to influence the evolution of this market?
What is the current and future market size?
What is the CAGR of this market?
How is the current and future market opportunity likely to be distributed across key market segments?
Reasons to Buy this Report
The report provides a comprehensive market analysis, offering detailed revenue projections of the overall market and its specific sub-segments. This information is valuable to both established market leaders and emerging entrants.
Stakeholders can leverage the report to gain a deeper understanding of the competitive dynamics within the market. By analyzing the competitive landscape, businesses can make informed decisions to optimize their market positioning and develop effective go-to-market strategies.
The report offers stakeholders a comprehensive overview of the market, including key drivers, barriers, opportunities, and challenges. This information empowers stakeholders to stay abreast of market trends and make data-driven decisions to capitalize on growth prospects.
Additional Benefits
Complimentary Excel Data Packs for all Analytical Modules in the Report
15% Free Content Customization
Detailed Report Walkthrough Session with Research Team
Free Updated report if the report is 6-12 months old or older
TABLE OF CONTENTS
1. PREFACE
1.1. Introduction
1.2. Market Share Insights
1.3. Key Market Insights
1.4. Report Coverage
1.5. Key Questions Answered
1.6. Chapter Outlines
2. RESEARCH METHODOLOGY
2.1. Chapter Overview
2.2. Research Assumptions
2.3. Database Building
2.3.1. Data Collection
2.3.2. Data Validation
2.3.3. Data Analysis
2.4. Project Methodology
2.4.1. Secondary Research
2.4.1.1. Annual Reports
2.4.1.2. Academic Research Papers
2.4.1.3. Company Websites
2.4.1.4. Investor Presentations
2.4.1.5. Regulatory Filings
2.4.1.6. White Papers
2.4.1.7. Industry Publications
2.4.1.8. Conferences and Seminars
2.4.1.9. Government Portals
2.4.1.10. Media and Press Releases
2.4.1.11. Newsletters
2.4.1.12. Industry Databases
2.4.1.13. Roots Proprietary Databases
2.4.1.15. Paid Databases and Sources
2.4.1.15. Social Media Portals
2.4.1.17. Other Secondary Sources
2.4.2. Primary Research
2.4.2.1. Introduction
2.4.2.2. Types
2.4.2.2.1. Qualitative
2.4.2.2.2. Quantitative
2.4.2.3. Advantages
2.4.2.4. Techniques
2.4.2.4.1. Interviews
2.4.2.4.2. Surveys
2.4.2.4.3. Focus Groups
2.4.2.4.4. Observational Research
2.4.2.4.5. Social Media Interactions
2.4.2.5. Stakeholders
2.4.2.5.1. Company Executives (CXOs)
2.4.2.5.2. Board of Directors
2.4.2.5.3. Company Presidents and Vice Presidents
2.4.2.5.4. Key Opinion Leaders
2.4.2.5.5. Research and Development Heads
2.4.2.5.6. Technical Experts
2.4.2.5.7. Subject Matter Experts
2.4.2.5.8. Scientists
2.4.2.5.9. Doctors and Other Healthcare Providers
2.4.2.6. Ethics and Integrity
2.4.2.6.1. Research Ethics
2.4.2.6.2. Data Integrity
2.4.3. Analytical Tools and Databases
3. ECONOMIC AND OTHER PROJECT SPECIFIC CONSIDERATIONS
3.1. Forecast Methodology
3.1.1. Top-Down Approach
3.1.2. Bottom-Up Approach
3.1.3. Hybrid Approach
3.2. Market Assessment Framework
3.2.1. Total Addressable Market (TAM)
3.2.2. Serviceable Addressable Market (SAM)
3.2.3. Serviceable Obtainable Market (SOM)
3.2.4. Currently Acquired Market (CAM)
3.3. Forecasting Tools and Techniques
3.3.1. Qualitative Forecasting
3.3.2. Correlation
3.3.3. Regression
3.3.4. Time Series Analysis
3.3.5. Extrapolation
3.3.6. Convergence
3.3.7. Forecast Error Analysis
3.3.8. Data Visualization
3.3.9. Scenario Planning
3.3.10. Sensitivity Analysis
3.4. Key Considerations
3.4.1. Demographics
3.4.2. Market Access
3.4.3. Reimbursement Scenarios
3.4.4. Industry Consolidation
3.5. Robust Quality Control
3.6. Key Market Segmentations
3.7. Limitations
4. MACRO-ECONOMIC INDICATORS
4.1. Chapter Overview
4.2. Market Dynamics
4.2.1. Time Period
4.2.1.1. Historical Trends
4.2.1.2. Current and Forecasted Estimates
4.2.2. Currency Coverage
4.2.2.1. Overview of Major Currencies Affecting the Market
4.2.2.2. Impact of Currency Fluctuations on the Industry
4.2.3. Foreign Exchange Impact
4.2.3.1. Evaluation of Foreign Exchange Rates and Their Impact on Market
4.2.3.2. Strategies for Mitigating Foreign Exchange Risk
4.2.4. Recession
4.2.4.1. Historical Analysis of Past Recessions and Lessons Learnt
4.2.4.2. Assessment of Current Economic Conditions and Potential Impact on the Market
4.2.5. Inflation
4.2.5.1. Measurement and Analysis of Inflationary Pressures in the Economy
4.2.5.2. Potential Impact of Inflation on the Market Evolution
4.2.6. Interest Rates
4.2.6.1. Overview of Interest Rates and Their Impact on the Market
4.2.6.2. Strategies for Managing Interest Rate Risk
4.2.7. Commodity Flow Analysis
4.2.7.1. Type of Commodity
4.2.7.2. Origins and Destinations
4.2.7.3. Values and Weights
4.2.7.4. Modes of Transportation
4.2.8. Global Trade Dynamics
4.2.8.1. Import Scenario
4.2.8.2. Export Scenario
4.2.9. War Impact Analysis
4.2.9.1. Russian-Ukraine War
4.2.9.2. Israel-Hamas War
4.2.10. COVID Impact / Related Factors
4.2.10.1. Global Economic Impact
4.2.10.2. Industry-specific Impact
4.2.10.3. Government Response and Stimulus Measures
4.2.10.4. Future Outlook and Adaptation Strategies