Global membrane separation systems market is expected to rise at a CAGR of 9.3% between 2017 and 2025, for the market to touch a revenue valuation of US$61,801.9 mn by the end of 2025.
Albany, NY -- (SBWIRE) -- 12/07/2017 -- A new study, focusing on the current as well as future growth prospects of membrane separation systems market has been freshly publicized to the vast archive of Market Research Hub (MRH). According to this recent analysis, the global membrane separation systems market is expected to rise at a CAGR of 9.3% between 2017 and 2025, for the market to touch a revenue valuation of US$61,801.9 mn by the end of 2025 from a value of US$28,134.4 mn in 2016.
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The above findings have been briefly explained in the report titled "Membrane Separation Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025", along with a detailed overview on trends, opportunities and restraints that are expected to influence the market in the coming years. To precisely estimate the market value share and volume forecast, 2016 is considered as the base year. Moreover, the report provides information on the various factors that are likely to boost market revenue growth during the forecast period.
In the first part, the report comprises an elaborate executive summary, which includes market snapshot that provides information about several segments. Membrane separation technology is one of the most popular methods used for cleaning water. This is because membrane separation technology is free of chemicals, consumes less energy and operates in a systematized manner, which conventional separation techniques lack. Apart from that, it is used for industrial and healthcare applications.
Key Factors Impacting the Market Growth
According to the findings, Rapid industrialization provides opportunities for re-suing grey water in developing countries, which is expected to propel membrane separation systems demand across industrial applications. Rise in population in the water-stressed area, lack of availability of pure water, growing demand for membrane separation systems in the food & beverages industries for protein separation process, clarification of fruit juices and alcoholic beverages are the major drivers of the global membrane separation systems market during the forecast period. Amongst several driving factors, a significant part of the demand for membrane separation systems originates from municipal corporations.
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For a better understanding, the research has further segmented on the basis of technology, application, and material. Technologies involved in the membrane separation system are microfiltration, ultrafiltration, nanofiltration, reverse osmosis, chromatography, and ion exchange. Amongst, microfiltration segment led the global membrane separation systems market in 2016 owing to their prevalent use in the biopharmaceutical industry. The market segments have been analyzed based on efficiency, cost-effectiveness, and preference for various water treatment, food & beverages, and healthcare industries. On the basis of material, the market has been segmented into polyethersulfone (PES), polysulfone (PS), cellulose-based, nylon, polypropylene (PP), polyvinylidene fluoride (PVDF), polytetrafluoroethylene (PTFE), polyacrilonitrile (PAN), and polyvinyl Chloride (PVC).
In terms of geography, Europe held the commanding share in the membrane separation systems market in 2016. On the downside, high establishment and operational costs, insufficient infrastructure, and availability of other water cleaning and treatment procedures are posing a challenge to the growth of membrane separation systems market.
The membrane separation market is fragmented with several players in the market providing membrane separation products to the end-users in the market. Major players profiled in this report are Koch Membrane Systems Inc., Pall Corporation, Sartorius AG, 3M, Amazon filters, Advantec MFS, Inc., GE Healthcare, Merck Millipore, Novasep, TriSep Corporation (Microdyn-Nadir US, Inc.).
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