Membrane Separation Systems Global Market to Reach $40.51 Billion by 2028 at a CAGR of 9.1%

DUBLIN, Dec. 9, 2022 /PRNewswire/ -- The "Membrane Separation Systems Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Technology, Application, and Material" report has been added to  ResearchAndMarkets.com's offering.

The membrane separation systems market was valued at US$ 22,177.00 million in 2021 and is projected to reach US$ 40,512.12 million by 2028; it is expected to grow at a CAGR of 9.1% from 2022 to 2028. The market growth is mainly attributed to factors such as the extensive use of these systems in wastewater treatment and a wide range of applications in the dairy industry. However, the complex nature of the membrane separation technique hampers the market progress.

Recent developments in high-performance nanostructured materials; production technologies, such as 3D printing; and high-performance computing possibilities are opening new horizons for membrane separation processes. Polymers represent a dominant material family used in membrane separation processes, as polymeric membranes are economical and suitable for a broad range of applications. Cellulose acetate (CA), polyacrylonitrile (PAN), polyimide, polycarbonate (PC), polyethylene (PE), polypropylene (PP), and polytetrafluoroethylene (PTFE) are the common examples of polymeric membranes.

Polymers such as polyvinylidene fluoride (PVDF) ultrafiltration membranes are embedded with nanomaterial - such as metal/metal oxide or carbon nano-tubes (CNTs) - to improve the filtration outcomes. There is a high demand for nanofiltration systems in the oil & gas sector for the processing of natural gas such as coal bed methane. The Guangdong Rural Credit Union plans to build natural gas production and storage facility in the Guangdong province of China, as a part of the 14th Five-Year (2021-2025) Plan for Energy. The US government, in 2021, announced the construction of 177 natural gas plants to reduce CO2 emissions by 2030. These new plants would increase the production output of natural gas, thereby bolstering the use of nanofiltration membrane systems in the oil & gas sector.

Various control measures were taken to control the spread of COVID-19 worldwide in 2020, including improving the effectiveness of the treatment of water used for drinking and other manufacturing purposes. The COVID-19 pandemic has broadly affected several economies, such as Japan, India, Australia, China, and South Korea.

However, various membrane separation systems manufacturers responded to the rapidly evolving challenges through innovations. Since the onset of the COVID-19 infection, the membrane separation systems market has developed several approaches that contribute to market recovery and future growth, including long-term market needs and network planning through supportive government policies.

Based on technology, the membrane separation systems market is divided into microfiltration, ultrafiltration, nanofiltration, reverse osmosis, ion exchange, and others. The reverse osmosis segment held largest share of the market in 2021, and it is expected to register the highest CAGR during the forecast period.

In terms of application, the membrane separation systems market is segmented into environmental, food & beverages, healthcare, and others. The environmental segment held the largest market share in 2021. However, the market for the healthcare segment is anticipated to grow at the highest CAGR during the forecast period. Membrane separation technologies are extensively used in downstream processes for separation and purification via microfiltration, ultrafiltration, and diafiltration. Also, the new technique of membrane chromatography allows the efficient purification of monoclonal antibodies.

On the basis of material, the membrane separation systems market is segmented into polyethersulphones, polysulphones, polyvinylidene fluroide (PVDF), polypropylene (PP), polyacrylonitrile (PAN), and others. The polyethersulphones segment held largest share of the market in 2021, and it is further expected to register the highest CAGR during the forecast period.

Market Dynamics

Market Drivers

• Extensive Use in Wastewater Treatment
• Wide Range of Applications in Dairy Industry

Market Restraints

• Complex Nature of Membrane Separation

Market Opportunities

• Development of High-Performance Nanostructured Material

Future Trends

• New Classes of Membranes Developed for Gas Separations

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Membrane Separation System Market - Market Landscape

5. Membrane Separation System Market - Key Market Dynamics

6. Membrane Separation System Market - Global Analysis

7. Membrane Separation Systems Market Analysis and Forecasts To 2028 - By Technology

8. Membrane Separation System Market Analysis - by Application

9. Membrane Separation Systems Market Analysis and Forecasts To 2028 - By Material

10. Membrane Separation System Market Revenue and Forecasts to 2028 - Geographical Analysis

11. Impact Of COVID-19 Pandemic on Laboratory Animal Diet Market

12. Global Immunodiagnostics Market - Industry Landscape

13. Company Profiles

14. Appendix

Companies Mentioned

• Segra International Corp
• JRT Nurseries Inc
• Thomas Scientific LLC
• Sigma-Aldrich Co LLC
• HiMedia Laboratories Pvt Ltd
• Caisson Labs Inc
• Alpha Laboratories Ltd
• Becton, Dickinson and Co
• AL-Rajhi Tissue C

For more information about this report visit https://www.researchandmarkets.com/r/1b9k6f

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