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      Membrane Contactor Market worth $394 million by 2028 - Exclusive Report by MarketsandMarkets™

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      News provided by

      MarketsandMarkets

      Jul 04, 2023, 04:00 ET

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      CHICAGO, July 4, 2023 /PRNewswire/ -- The report "Membrane Contactor Market by Function (Hydrophobic, Hydrophilic), Type (Polypropylene, Polytetrafluoroethylene), Application (Food Processing, Pharmaceutical Processing, Water & Wastewater Treatment) and Region - Global Forecast to 2028", is projected to grow from USD 290 million in 2023 to USD 394 million by 2028, at a CAGR of 6.3% from 2023 to 2028. Membrane contactors offer a significant interfacial area between two phases, enabling effective mass transfer of gases, volatile substances, or solutes. The membrane's selective permeability allows for the targeted separation or transfer of particular components, improving process effectiveness and product quality.

      Browse in-depth TOC on "Membrane Contactor Market"
      190 – Tables
      45 – Figures
      170 – Pages

      Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=166558134

      By membrane type, the others segment accounted for the second largest market share in 2022.

      The other membrane types include perfluroalkoxy (PFA), polyvinylidene fluoride (PVDF), polymethylpentene (PMP), and composites. PFA membranes are adept at handling corrosive fluids and offer efficient mass transfer. Another fluoropolymer noted for its superior mechanical strength and chemical resistance is PVDF. PMP membranes are useful for a variety of applications due to their high gas permeability and low fouling tendencies. The use of other membrane types in the production of membrane contactors for the above-mentioned characteristics will fuel growth of this segment.

      By application, the food processing segment is estimated to grow at the highest rate during 2023 to 2028.

      The food processing segment, by applications, is projected to grow at the highest CAGR, owing to its usage in deaeration and degassing of liquid food products. Membrane contactors remove dissolved gases such as oxygen or carbon dioxide to enhance the quality, flavor, and stability of beverages, juices, wines, or sauces. They provide effective gas-liquid separation, which reduces foaming, extends the shelf life of the product, and improves taste. Membrane contactors are used in the food processing industry because they improve product quality, shelf life, flavor retention, and process effectiveness.

      Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=166558134

      Asia Pacific was the largest region in the membrane contactor market in 2022.

      The Asia Pacific region has been investing resources in R&D projects to create cutting-edge membrane technology and enhance current membrane contactor procedures. Collaborations between academic institutions, research organizations, and business stakeholders are improving membrane performance, creating new materials, and enhancing system design for particular applications. The need for membrane contactors in the area is being driven by such developments. Also, sustainability and environmentally friendly practices are being emphasized more and more by governments and businesses in Asia Pacific, fueling the growth of membrane contactor market.

      Market Players :

      The major players operating in the membrane contactor market include 3M (US), Romfil (Germany), JU.CLA.S Srl (Italy), KH TEC GmbH (Germany), Hangzhou Cobetter Filtration Equipment Co., Ltd. (China), PTI Pacific Pty. Ltd. (Australia), EUROWATER (Denmark), Hydro-Elektrik GmbH (Germany), Compact Membrane Systems (US), Veolia Water Technologies (France), Wuhan Tanal Industrial Co., Ltd. (China), and others.

      Browse Adjacent Market: Membranes Market Research Reports & Consulting

      Related Reports:

      Gas Separation Membranes Market - Global Forecast to 2026

      Membranes Market - Global Forecast to 2027

      About MarketsandMarkets™ 

      MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

      The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

      Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

      To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

      Contact:
      Mr. Aashish Mehra
      MarketsandMarkets™ INC. 
      630 Dundee Road
      Suite 430
      Northbrook, IL 60062
      USA: +1-888-600-6441
      Email: [email protected]
      Research Insight: https://www.marketsandmarkets.com/ResearchInsight/membrane-contactor-market.asp
      Visit Our Website: https://www.marketsandmarkets.com/
      Content Source: https://www.marketsandmarkets.com/PressReleases/membrane-contactor.asp

      Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

      SOURCE MarketsandMarkets

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