Membrane Separation Market to Reach US$ 1.2 Bn by 2026, At growth rate (CAGR) of 11.2%

Persistence Market Research estimates that in 2022, the Membrane separation market would bring in US$32,933.1 Mn in revenue. The leading market players will hold a significant proportion of the membrane separation market in 2022 as the demand for membrane separation will increase. The membrane separation market is anticipated to reach US$ 102,540.7 Mn by 2033, expanding at a CAGR of 11.2% between 2023 and 2033.

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Membrane separation is becoming more and more popular worldwide. The advancement of membrane separation technology is also impacted by a number of technological and governmental developments, both of which are significant market drivers. Additionally, it is expected that over the anticipated timeframe, stringent environmental regulations limiting wastewater discharge will favourably influence the advancement of membrane separation technology.

The industry for ultrafiltration technology is expected to grow at the quickest rate during the projected period. This single-membrane filtering technique offers an effective defence against harmful bacteria, viruses, and other contaminants. For the concentration, purification, and clarification of a variety of liquids, including water, milk, and oils, it has developed into an efficient and economical process.

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Companies Covered in This Report – (Membrane Separation Market)

    • GEA Filtration
    • Koch Membrane Systems
    • Evoqua Water Technologies
    • Veolia Environnement
    • Pall Corporation.
    • Merck Millipore.
    • Degremont SA.
    • Dow Chemical Comp.
    • HUBER SE
    • 3M Company
    • Pentair plc
    • Via Separations
    • Toray Industries, Inc
    • Microdyn Nadir
    • Parker-Hannifin Corporation
    • Others

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Key Segments Covered in Membrane Separation market Industry Research

    • Membrane Separation Market by Process: Reverse osmosis, Ultrafiltration, Nano filtration, Microfiltration
    • Membrane Separation Market by End User: Water and Wastewater Treatment, Industrial, Healthcare, Others
    • Membrane Separation Market by Material : Polymeric Membranes, Natural Polymers, Synthetic Polymers, Inorganic Membranes, Metallic, Ceramic, Others
    • Membrane Separation Market by Application: Gas Separation, Liquid Separation, Solid Separation
    • Membrane Separation Market by Region : North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa (MEA)

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Competition Landscape

On a global level, the market for membrane separation is moderately competitive, with many producers competing for market supremacy. The market has witnessed a number of expansion strategies used by market rivals during the past few years, including acquisitions, mergers, and partnerships.

In 2022, Molnlycke, a global leader in medical products and solutions, announced two historic alliances with global sustainability solutions providers Veolia and Engie. In order to meet market demands and create a sustainable healthcare manufacturing ecosystem, the firm wants to provide best-in-class wastewater treatment systems that are energy-efficient.

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