
Global Polymeric Membrane Market (by Technology, End Sector, & Region): Insights and Forecast with Potential Impact of COVID-19 (2023-2028)
Description
Global Polymeric Membrane Market (by Technology, End Sector, & Region): Insights and Forecast with Potential Impact of COVID-19 (2023-2028)
Market Insight:
A polymeric membrane can be described as a group of polymers that have improved and more efficient mechanical properties for membrane filtration. Polymeric membranes have excellent performance, efficiency, and separation properties. They are inexpensive, have high selectivity, and are simple to prepare and operate in a wide range of applications including beverage processing, feed water generation, chemical processing, and others.
Providing adequate clean water supplies for an ever-increasing population will almost certainly necessitate increased investment in water processing technology. Furthermore, the increasing presence of emerging pollutants in the aquatic environment is driving the market to develop novel water purification technologies. Furthermore, in water-stressed areas, water from seawater desalination plants is becoming increasingly important, which is expected to propel reverse osmosis technology in the polymeric membrane market forward. The global polymeric membrane market value is projected to reach US$7.75 billion in 2023, growing at a CAGR of 4.09% over the projected period.
Segment Covered:
- By Technology: In terms of technology, the report offers insights of the global polymeric membrane market into four segments: reverse osmosis, ultrafiltration, microfiltration and nanofiltration. The reverse osmosis polymeric membrane segment held the highest share in the market. Reverse osmosis is largely used for the desalination of seawater as it can separate dissolved solids, bacteria, viruses, and other selected dissolved substances. Considering the rising trend of reverse osmosis membrane use in alternative water source treatment, including desalination plants and wastewater recycling, the reverse osmosis membrane-based water and wastewater treatment processes are expected to have a great potential in the future.
- By End Sector: The report further provides the segmentation of the market on the basis of end sector: water treatment, wastewater treatment, medical polymeric membrane and industrial polymeric membrane. Water treatment held the maximum share in the market, followed by wastewater treatment. The survival of human life depends on the availability of freshwater for drinking. Owing to urbanization stemming from the rising global population, the demand for water purification system has increased over years. These water purifying systems largely use polymeric membrane to carry out the filtration process. Besides, the global commitment to reducing plastic consumption and increasing number of desalination projects to bring clean water to rural areas and emerging countries using affordable and safe filtration systems is expected to drive the demand for polymeric membrane during the forecasted years.
According to this report, the global polymeric membrane market can be divided into four regions namely Asia Pacific, North America, Europe and Rest of World. The countries covered in North America region are the US, Mexico, and Canada, while Europe includes UK, Germany, France and Rest of Europe. Moreover, China, Japan, India, South Korea and Rest of Asia Pacific are included in the Asia Pacific region.
Asia Pacific dominated the market, owing to the factors such as growing industrialization and expansion in agricultural and residential activities are generating massive amounts of wastewater to be produced. China accounted for the largest share in the Asia Pacific polymeric membrane market. China's demand for processed foods has been increasing at a rapid pace. The demand for protein, dairy, and meat products is skyrocketing; the supply is far outstripping the demand. The need for membrane for water treatment in the food processing industry is expected to increase as a result of the scenario. Furthermore, the North American region held a significant share in the polymeric membrane market, owing to the factors such as demand for low-pressure membrane technologies. Besides, rising awareness pertaining to increasing freshwater scarcity and wastewater treatment are some of the factors driving the North America polymeric membrane market.
Top Impacting Factors:
Growth Drivers
- Increasing Need for Water Purification System
- Growing Adoption in Pharmaceutical Industry
- Surging Demand From Food & Beverage Industry
- Stringent Wastewater Regulations
- Need for Frequent Replacements of Barrier Films
- Maintaining Low Cost Of Production
- Proliferation Of Blood Transfusion and Apheresis Membrane
- Proton Exchange and Anion Exchange Membrane
- Water and Wastewater Treatment Digitalization
- Driver: Growing Adoption in Pharmaceutical Industry
- Challenge: Need for Frequent Replacements of Barrier Films
- Trend: Proton Exchange and Anion Exchange Membrane
The COVID-19 Analysis:
The sudden outbreak of the COVID-19 pandemic has caused a significant strain on the growth of the global polymeric membrane market as a result of disruption in the supply and demand chain of raw materials for manufacturing such polymers. The lockdown shutdown almost all the major biopharmaceutical, food & beverage processing, water & wastewater treatment projects, and petrochemical processing activities across the world straining the productivity of the market.
Analysis of Key Players:
The global polymeric membrane market is consolidated with the presence of concentrated large players. The key players in the global polymeric membrane market are:
- Danaher Corporation (Pall Corporation)
- Toray Industries, Inc.
- Nitto Denko Corporation (Hydranautics)
- Parker Hannifin Corporation
- Evonik Industries AG
- Membrane Technology & Research (MTR)
- Arkema S.A
- Honeywell International Inc.
- Daikin Industries, Ltd
- Solvay S.A.
- LG Chem Ltd.
- Pentair plc
- Alsys Group
Table of Contents
139 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1 Polymeric Membrane: An Overview
- 2.1.1 Definition of Polymeric Membrane
- Table 1: End User Industries of Polymeric Membrane
- 2.2 Polymeric Membrane Segmentation: An Overview
- 2.2.1 Polymeric Membrane Segmentation
- Table 2: Polymeric Membrane Segmentation
- 3. Global Market Analysis
- 3.1 Global Polymeric Membrane Market: An Analysis
- 3.1.1 Global Polymeric Membrane Market: An Overview
- 3.1.2 Global Polymeric Membrane Market by Value
- Table 3: Global Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
- Table 4: Global Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 3.1.3 Global Polymeric Membrane Market by Technology (Reverse Osmosis (RO), Ultrafiltration (UF), Microfiltration (MF) And Nanofiltration (NF))
- Table 5: Global Polymeric Membrane Market by Technology; 2022 (Percentage, %)
- 3.1.4 Global Polymeric Membrane Market by End Sector (Water Treatment Polymeric Membrane, Wastewater Treatment Polymeric Membrane, Medical Polymeric Membrane And Industrial Polymeric Membrane)
- Table 6: Global Polymeric Membrane Market by End Sector; 2022 (Percentage, %)
- 3.1.5 Global Polymeric Membrane Market by Region (Asia Pacific, North America, Europe and Rest of World)
- Table 7: Global Polymeric Membrane Market by Region; 2022 (Percentage, %)
- 3.2 Global Polymeric Membrane Market: Technology Analysis
- 3.2.1 Global Polymeric Membrane Market by Technology: An Overview
- 3.2.2 Global Reverse Osmosis Polymeric Membrane Market by Value
- Table 8: Global Reverse Osmosis Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
- Table 9: Global Reverse Osmosis Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 3.2.3 Global Ultrafiltration (UF) Polymeric Membrane Market by Value
- Table 10: Global Ultrafiltration (UF) Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
- Table 11: Global Ultrafiltration (UF) Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 3.2.4 Global Microfiltration (MF) Polymeric Membrane Market by Value
- Table 12: Global Microfiltration (MF) Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
- Table 13: Global Microfiltration (MF) Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 3.2.5 Global Nanofiltration (NF) Polymeric Membrane Market by Value
- Table 14: Global Nanofiltration (NF) Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
- Table 15: Global Nanofiltration (NF) Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 3.3 Global Polymeric Membrane Market: End Sector Analysis
- 3.3.1 Global Polymeric Membrane Market By End Sector : An Overview
- 3.3.2 Global Water Treatment Polymeric Membrane Market By Value
- Table 16: Global Water Treatment Polymeric Membrane Market By Value; 2018-2022 (US$ Billion)
- Table 17: Global Water Treatment Polymeric Membrane Market By Value; 2023-2028 (US$ Billion)
- 3.3.3 Global Wastewater Treatment Polymeric Membrane Market By Value
- Table 18: Global Wastewater Treatment Polymeric Membrane Market By Value; 2018-2022 (US$ Billion)
- Table 19: Global Wastewater Treatment Polymeric Membrane Market By Value; 2023-2028 (US$ Billion)
- 3.3.4 Global Medical Polymeric Membrane Market By Value
- Table 20: Global Medical Polymeric Membrane Market By Value; 2018-2022 (US$ Billion)
- Table 21: Global Medical Polymeric Membrane Market By Value; 2023-2028 (US$ Billion)
- 3.3.5 Global Industrial Polymeric Membrane Market By Value
- Table 22: Global Industrial Polymeric Membrane Market By Value; 2018-2022 (US$ Million)
- Table 23: Global Industrial Polymeric Membrane Market By Value; 2023-2028 (US$ Million)
- 4. Regional Market Analysis
- 4.1 Asia Pacific Polymeric Membrane Market: An Analysis
- 4.1.1 Asia Pacific Polymeric Membrane Market: An Overview
- 4.1.2 Asia Pacific Polymeric Membrane Market by Value
- Table 24: Asia Pacific Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
- Table 25: Asia Pacific Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 4.1.3 Asia Pacific Polymeric Membrane Market by Region (China, Japan, India, South Korea and Rest of Asia Pacific)
- Table 26: Asia Pacific Polymeric Membrane Market by Region; 2022 (Percentage, %)
- 4.1.4 China Polymeric Membrane Market by Value
- Table 27: China Polymeric Membrane Market by Value, 2018-2022 (US$ Billion)
- Table 28: China Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 4.1.5 Japan Polymeric Membrane Market by Value
- Table 29: Japan Polymeric Membrane Market by Value, 2018-2022 (US$ Million)
- Table 30: Japan Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
- 4.1.6 India Polymeric Membrane Market by Value
- Table 31: India Polymeric Membrane Market by Value, 2018-2022 (US$ Million)
- Table 32: India Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
- 4.1.7 South Korea Polymeric Membrane Market by Value
- Table 33: South Korea Polymeric Membrane Market by Value, 2018-2022 (US$ Million)
- Table 34: South Korea Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
- 4.1.8 Rest of Asia Pacific Polymeric Membrane Market by Value
- Table 35: Rest of Asia Pacific Polymeric Membrane Market by Value, 2018-2022 (US$ Million)
- Table 36: Rest of Asia Pacific Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
- 4.2 North America Polymeric Membrane Market: An Analysis
- 4.2.1 North America Polymeric Membrane Market: An Overview
- 4.2.2 North America Polymeric Membrane Market by Value
- Table 37: North America Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
- Table 38: North America Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 4.2.3 North America Polymeric Membrane Market by Region (The US, Mexico, and Canada)
- Table 39: North America Polymeric Membrane Market by Region; 2022 (Percentage, %)
- 4.2.4 The US Polymeric Membrane Market by Value
- Table 40: The US Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
- Table 41: The US Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 4.2.5 Canada Polymeric Membrane Market by Value
- Table 42: Canada Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
- Table 43: Canada Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
- 4.2.6 Mexico Polymeric Membrane Market by Value
- Table 44: Mexico Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
- Table 45: Mexico Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
- 4.3 Europe Polymeric Membrane Market: An Analysis
- 4.3.1 Europe Polymeric Membrane Market: An Overview
- 4.3.2 Europe Polymeric Membrane Market by Value
- Table 46: Europe Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
- Table 47: Europe Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 4.3.3 Europe Polymeric Membrane Market by Region (UK, Germany, France and Rest of Europe)
- Table 48: Europe Polymeric Membrane Market by Region; 2022 (Percentage, %)
- 4.3.4 Germany Polymeric Membrane Market by Value
- Table 49: Germany Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
- Table 50: Germany Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
- 4.3.5 United Kingdom Polymeric Membrane Market by Value
- Table 51: United Kingdom Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
- Table 52: United Kingdom Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
- 4.3.6 France Polymeric Membrane Market by Value
- Table 53: France Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
- Table 54: France Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
- 4.3.7 Rest of Europe Polymeric Membrane Market by Value
- Table 55: Rest of Europe Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
- Table 56: Rest of Europe Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 4.4 Rest of World Polymeric Membrane Market: An Analysis
- 4.4.1 Rest of World Polymeric Membrane Market: An Overview
- 4.4.2 Rest of World Polymeric Membrane Market by Value
- Table 57: Rest of World Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
- Table 58: Rest of World Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
- 5. Impact of COVID-19
- 5.1 Impact of COVID-19
- 5.1.1 Impact of COVID-19 on Polymeric Membrane Market
- 5.1.2 Post-COVID-19 Recovery of Polymeric Membrane Market
- 6. Market Dynamics
- 6.1 Growth Drivers
- 6.1.1 Increasing Need for Water Purification System
- Table 59: Global Water Purifier Market; 2019-2028 (US$ Billion)
- 6.1.2 Growing Adoption in Pharmaceutical Industry
- Table 60: Global Pharmaceutical Membrane Filtration Market; 2020-2025 (US$ Billion)
- 6.1.3 Rapid Increase in Population
- Table 61: Global Population; 2016-2021 (Billion)
- 6.1.4 Surging Demand From Food & Beverage Industry
- 6.1.5 Stringent Wastewater Regulations
- 6.1.6 Escalating Water Pollution
- 6.2 Challenges
- 6.2.1 Need for Frequent Replacements of Barrier Films
- 6.2.2 Maintaining Low Cost Of Production
- 6.3 Market Trends
- 6.3.1 Proliferation Of Blood Transfusion and Apheresis Membrane
- Table 62: Global Apheresis Market; 2020-2026 (US$ Billion)
- 6.3.2 Proton Exchange and Anion Exchange Membrane
- 6.3.3 Water and Wastewater Treatment Digitalization
- 7. Competitive Landscape
- 7.1 Global Polymeric Membrane Market Players: Key Comparison
- Table 63: Global Polymeric Membrane Market Players : Key Comparison
- 8. Company Profiles
- 8.1 Toray Industries, Inc.
- 8.1.1 Business Overview
- 8.1.2 Business Segments
- Table 64: Toray Industries, Inc. Revenue by Business Segments; 2021 (Percentage, %)
- 8.1.3 Business Strategy
- 8.2 Nitto Denko Corporation (Hydranautics)
- 8.2.1 Business Overview
- 8.2.2 Business Segments
- Table 65: Nitto Denko Corporation Revenue by Business Segments; 2021 (Percentage, %)
- 8.2.3 Business Strategy
- 8.3 Danaher Corporation (Pall Corporation)
- 8.3.1 Business Overview
- 8.3.2 Business Segments
- Table 66: Danaher Corporation Revenue by Business Segments; 2021 (Percentage, %)
- 8.3.3 Business Strategy
- 8.4 Parker Hannifin Corporation
- 8.4.1 Business Overview
- 8.4.2 Business Segment
- Table 67: Parker Hannifin Corporation Revenues by Business Segment; 2022 (Percentage, %)
- 8.4.3 Business Strategy
- 8.5 Pentair plc
- 8.5.1 Business Overview
- 8.5.2 Business Segments
- Table 68: Pentair plc Net Sales by Business Segments; 2021 (Percentage, %)
- 8.5.3 Business Strategy
- 8.6 Alsys Group
- 8.6.1 Business Overview
- 8.6.2 Business Strategy
- 8.7 Membrane Technology & Research (MTR)
- 8.7.1 Business Overview
- 8.7.2 Business Strategy
- 8.8 Arkema S.A
- 8.8.1 Business Overview
- 8.8.2 Business Segment
- Table 69: Arkema S.A Sales by Business Segments; 2021 (Percentage, %)
- 8.8.3 Business Strategy
- 8.9 Evonik Industries AG
- 8.9.1 Business Overview
- 8.9.2 Business Divisions
- Table 70: Evonik Industries AG Total Sales by Business Divisions; 2021 (Percentage, %)
- 8.9.3 Business Strategy
- 8.10 Honeywell International Inc.
- 8.10.1 Business Overview
- 8.10.2 Operating Segments
- Table 71: Honeywell International Inc. Net Sales by Operating Segments; 2021 (Percentage, %)
- 8.10.3 Business Strategy
- 8.11 Daikin Industries, Ltd.
- 8.11.1 Business Overview
- 8.11.2 Operating Segments
- Table 72: Daikin Industries Net Sales by Operating Segment; 2021 (Percentage, %)
- 8.11.3 Business Strategy
- 8.12 LG Chem Ltd.
- 8.12.1 Business Overview
- 8.12.2 Operating Segments
- Table 73: LG Chem Ltd. Revenue by Segments; 2021 (Percentage,%)
- 8.12.3 Business Strategy
- 8.13 Solvay S.A.
- 8.13.1 Business Overview
- 8.13.2 Operating Segments
- Table 74: Solvay S.A. Net Sales by Operating Segments; 2021 (Percentage, %)
- 8.13.3 Business Strategy
Pricing
Currency Rates
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