iCrowdNewswire Feb 6, 2021 4:00 AM ET
The global spiral membrane market is forecast to reach USD 10.84 Billion by 2026, according to a new report by Reports and Data. These fabrics are unique materials that are used in the water & wastewater treatment, food & beverage, and pharmaceutical & biotechnology industry for various purposes such as for filtration of chemicals, toxins, and many others.
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Leading Players Profiled in the Report Include:
Toray Industries, Inc., DowDuPont Inc., Hydranautics, SUEZ Water Technologies and Solutions, LG Water Solutions Koch Membrane Systems, Duraflow LLC, Pall Corporation, Pentair plc, and Lanxess, among others.
The market for such membrane is influenced by the rising industries due to urbanization. Increasing use of such membranes, owing to growing awareness of wastewater treatment with the demand for selective separation in order to get better quality water is acting as a driving factor for this market. The stringent environmental regulations by governments in developing countries has propelled the market growth of such membranes. High expenses associated with the production of such membranes is one of the major restraints.
The factors mentioned above jointly create opportunities for the market growth while factors such as critical effects of membrane manufacturing add limitations in the market. However, each element would have a specific impact on the market during the forecast period. Consistent developments in the market for membranes used for industrial purposes owing to innovative efforts have improved the efficiency of spiral membranes.
In the Asia Pacific region due to the sudden rise in population and rapid urbanization, the market for such membranes is propelling at a swift rate. The rising economy in counties like China and Japan due to favorable political, social, and economic conditions are helping the market to grow. Chemical & petrochemical, food & beverage and pharmaceutical industries of the APAC region are using these membranes for filtration purposes. China is the highest manufacturer and consumer of such fabrics.
Further key findings from the report suggest
Water & Wastewater Treatment industries held the largest market share of 34.3%% in the year 2018. Due to growth in the economy and the shifting of population in developed countries in the urban areas. With a growing population and urbanization, the demand for clean water is also rising, which is benefiting the market growth of these membranes.
The reverse osmosis segment is forecasted to witness the highest CAGR of 10.7% during the forecast period. This segment is rising since this technology is financially effective, advanced, and safe, when compared to others. This technology is used both for industrial and municipal wastewater treatment.
Polyamide polymer type segment held the largest market share of 44.8% in the year 2018. China became the largest consumer of this segment owing to the ever-growing food & beverage, and the textile industries along with the chemical industry in this region because of the growing urbanization and industrialization. China became a leader in the world for production and consumption of membrane products because of its low-cost labor, and the rise in urbanization with expanding economy compared with other countries.
Asia Pacific region held the largest market share of 28.4% in the year 2018. Countries like India, China, Taiwan, Indonesia, and Japan are rapidly catching up with the growth in the spiral membrane market. The countries in this region have undertaken various measures towards the water & waste treatment project, which is propelling the market growth.
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For the purpose of this report, Reports and Data have segmented into the global spiral membrane market on the basis of polymer type, technology, end-users and region:
Technology Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Reverse Osmosis
Polymer Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- PS & PES
End-Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Chemicals & Water & Wastewater Treatment
- Food & Beverage
- Chemical & Petrochemical
- Oil & Gas
- Pharmaceutical & Biotechnology
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- North America
- Asia Pacific
- Latin America
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Table of contents
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Spiral Membrane Market Segmentation & Impact Analysis
4.1. Spiral Membrane Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
22.214.171.124. Increasing demand for spiral membranes
126.96.36.199. Strict regulations by Government
4.2.3. Market restraints analysis
188.8.131.52. Expensive operating cost
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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