Transparency Market Research Report Added "Global Membrane Separation Market" to its database.
Albany, NY -- (SBWIRE) -- 01/05/2016 -- According to a market research report published recently by Transparency Market Research, the Global Membrane Separation Market is expected to exhibit a positive CAGR of 10.8% during the period from 2013 to 2019. The report, titled "Membrane Separation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", estimates the overall membrane separation market to be worth US$39.2 billion by 2019.
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The increasing demand for clean processed water and mandatory government regulation to provide the population with clean drinking water is propelling the water processing industry including membrane separation. Shifting from chemical to physical treatments of water is also a major driver as chemical treatments are perceived as an environmentally unclean technology with associated disposal costs. Additional awareness of water scarcity has influenced the demand for water reuse in water stressed areas. Governments and municipal authorities are increasingly waking up to the effects of environmental degradation on the economy. Mandatory adherence of certain environmental standards by the national governments, especially in areas with water scarcity have influenced the demand for better water treatment technology, including membrane separation technology.
Worldwide industrial expansion and growing population are propelling the demand for better water treatment technology, providing growth opportunity for the overall market of membrane separation technology. Membrane separation technology is majorly divided into four major processes, microfiltration, ultrafiltration, nanofiltration and reverse osmosis. The global market for membrane separation in value term is expected to grow from USD 21.2 billion in 2013 to USD 39.2 billion in 2019, growing at a CAGR of 10.8%. The European membrane market (largest market in 2012) is expected to increase from USD 7.9 billion in 2013 to USD 13.8 billion in 2019, growing at a CAGR of 9.6%. The membrane separation technology market is fragmented with several players in the market supplying membrane separation to the end-users in the market.
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Membrane separation is used by various sectors such as water and wastewater treatment and industrial and healthcare sectors. Major companies that are operating globally and manufacturing all four products are Koch Membrane Systems Inc., Pall Corporation, Merck Millipore, 3M Company, Degremont SA, Dow Chemical Company, GEA Filtration, Nitto Denko Corporation, Evoqua Water Technologies and Veolia Environnement. Many other companies, including Advantec are investing in research and development for the production of good-quality membrane separation products and marketing it on a global level.
The most significant companies in the membrane separation market are: 3M Company, Merck Millipore, Dow Chemical Company, Pall Corporation, Koch Membrane Systems Inc., Degremont SA, and others.
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