Global Membrane Separation Technologies Market to Reach US$16 Billion by 2017, According to a New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Membrane Separation Technologies market. The global market for Membrane Separation Technologies is forecast to reach US$16 billion by the year 2017, driven by the increasing adoption of the technology across various end-use markets. Growth in the market would be spurred by increasing efforts by end-use industries to curtail use of water and minimize costs on waste disposal. Additional factors fuelling market growth include increasing concerns over water quality, stringent regulations with respect to the quality of food and beverages, and a shift towards replacing conventional filtration equipment with membrane based technologies.
San Jose, California (PRWEB) November 14, 2011
Follow us on LinkedIn – Increasing global population is exerting an unprecedented pressure on the sustainability of supply of clean water to the people. As the global population increases from the current 7.0 billion to a projected 9.0 billion by 2050, demand for clean and potable water is expected to increase in tandem. Although water is in abundance in the world, it is the availability that becomes an issue. Across several countries worldwide, accessibility to clean water is reducing alarmingly. One of the solutions for addressing this issue is the reuse of water but this requires the use of advanced technologies, such as membranes technologies. Membrane separation technology has been in use across several industries for a long time, being a preferred choice for applications requiring separation of components from a gas or liquid medium. Membrane filtration has given a new dimension to water filtration and purification processes. Adoption of membranes has increased substantially over the recent years, as several industries have commenced the use of these separation technologies in a bid to reduce expenditure associated with the waste disposal and overall use of water. Besides, membranes also provide the additional advantage of enabling the recovery of materials, and foster the re-use of water.
The market for membrane separation technologies is expected to exhibit significant growth in demand, attributed to the wide adoption by key end-use segments, such as wastewater and water treatment, and food and beverage industry; replacement of traditional filtration equipment; and increased focus on the purity levels of process fluids. With the growth in demand for high quality products, stringent regulations, environmental concerns, and exhausting natural resources, membrane separation technologies are forecast to witness significant growth over the long term.
As stated by the new market research report on Membrane Separation Technologies, the US continues to remain the largest regional market. Growth in the global membrane separation technologies market would be driven by large developing countries worldwide that reel under stressed domestic water resources. Asia-Pacific represents the fastest growing regional market, displaying a CAGR of about 8.3% over the analysis period. Microfiltration membrane systems continue to be the largest segment in the market. Owing to the wide adoption, microfiltration market is relatively more mature than other membranes. Alternatively, growth in the market would be spearheaded by Reverse Osmosis membrane systems, given its ability to achieve very high levels of purity cost-effectively and efficiently. With respect to end-use applications, Water Treatment remains the single largest end-use application for Membrane Separation Technologies, while Pharmaceuticals is projected to be the fastest growing end-use application.
Concerns over water security over the recent decades have driven significant efforts in the development and advancement of separation technologies in water treatment. Also dubbed as low-pressure reverse osmosis technology, membranes in nanofiltration assist in the removal of small dissolved ions and molecules and particles. The technique emerged as a promising less-expensive substitute to reverse osmosis, mainly with respect to operating cost and unit price. Nanofiltration finds itself placed between reverse osmosis and ultrafiltration with respect to its characteristics. The technology is more ideal for a particular set of applications in water treatment, with typical applications of this technology being dyestuff desalination, caustic and acid recovery, removal of color and water softening.
Major players profiled in the report include Dow Chemical Company, Culligan International Company, Degremont SA, FilmTec Corporation, E.I. DuPont De Nemours and Co., GE Water & Process Technologies, Koch Membrane Systems Inc., Millipore Corporation, Nitto Denko Corporation, Pall Corporation, Parker Hannifin Corporation, Praxair Inc., Siemens Water Technologies, Veolia Environnement SA, among others.
The research report titled Ã¢Å“Membrane Separation Technologies: A Global Strategic Business ReportÃ¢ announced by Global Industry Analysts Inc., provides a comprehensive review of the membrane separation technologies markets, current market trends, key growth drivers, recent product launches, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for membrane separation technologies market for the years 2009 through 2017 for the following geographic markets – US, Canada, Japan, Europe, Asia-Pacific, Middle East and Rest of World. Also, a six-year (2003-2008) historic analysis is provided for additional perspective. The report analyzes the membrane separation technologies market by the following segments Ã¢“ Microfiltration, Ultrafiltration, Reverse Osmosis, Nanofiltration, and Others. The report also analyzes the market by end-use applications such as Pharmaceuticals; Water Treatment; Chemical; Food & Beverage; and Others.
For more details about this comprehensive market research report, please visit Ã¢“ http://www.strategyr.com/Membrane_Separation_Technologies_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
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