The global reverse osmosis membrane market size was estimated to be $6,201 million in 2017, and is estimated to reach $12,125 million by 2025, registering a CAGR of 8.7% from 2018 to 2025
LONDON, Nov. 28, 2018 /PRNewswire/ --
Reverse Osmosis Membrane Market by Membrane Type (Cellulose-based and Thin Film Composite), Filter-module (Plate & Frame, Tubular-shaped, Spiral-wound, and Hollow-fiber), and End-user (Desalination System and RO Purification System) - Global Opportunity Analysis and Industry Forecast, 2018-2025
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Reverse Osmosis Membrane Market Overview :
The global reverse osmosis membrane market size was estimated to be $6,201 million in 2017, and is estimated to reach $12,125 million by 2025, registering a CAGR of 8.7% from 2018 to 2025.
The reverse osmosis (RO) membrane is a material with tiny pores, which excludes dissolved salts and molecules from sea or brackish water. RO is the most economical and practical way for purification & treatment of water. The RO membrane is delicate and expensive, hence needs protection. Since its discovery, there has been progressive improvement in the membranes and development of means for packaging them. As a result, present-day RO plants are compact & simple to operate, and there is no phase change required.
Reverse osmosis (RO) membranes are used for various purposes including desalination of seawater, waste water recovery, brackish water for drinking purposes, industrial process water, and others. They adequately eliminate almost all inorganic contaminants from water. They remove pesticides, radium, cysts, bacteria, and viruses.
The Asia-Pacific region is the fastest-growing market for RO membranes. The Asia-Pacific RO market is expected to register substantial growth during the forecast period, attributed to huge population in developing economies of the region. Other factors that drive the market are high-growth application areas such as seawater desalination systems and RO purification systems along with stringent regulations, owing to increased concerns over safe drinking water. Rapid industrialization and continuous rise in infrastructure have contributed immensely towards water pollution, which will drive the need for water purification and hence indirectly create an opportunity for the market players. However, factors, such as high cost of membrane, may restrict the market growth during the forecast period.
The global reverse osmosis membrane market is segmented by material type, filter module, application, and region. On the basis of material type, the market is segmented into cellulose-based and thin film composite. According to the filter module, the market is classified into the plate & frame, tubular-shaped, spiral-wound, and hollow-fiber. By application, the market is divided into desalination system and RO purification system. Regional breakdown and deep analysis of each of the previously mentioned segments is included for North America, Europe, Asia-Pacific, and LAMEA.
The global reverse osmosis membrane industry is highly competitive, owing to the presence of several well-established manufacturers and vendors. The market has been undergoing significant consolidation over the last few years, and this trend is expected to continue further, owing to increase in adaptation of reverse osmosis membranes in new water treatment projects.
The major players analyzed in this report are Toray Industries, Inc., LG Chem., Hydranautics (A Nitto Group Company), Toyobo Co., Ltd., Lanxess AG, The Dow Chemical Company, Koch Membrane System, Microdyn-Nadir GmbH, Membranium (JSC RM Nanotech), and Axeon Water Technologies.
Other key players operating in the global reverse osmosis membrane market include MECO Incorporated, Pure Aqua, Inc., Rochem Marine, Ampac USA, Veolia Water Technologies, Aspen Water, Inc., Wananchi UK, Lifestream Watersystems, Inc., Global Enviro Science, TerraGroup Corporation, Parker Hannifin Ltd. (Village Marine), Global Water Group, Inc., Applied Membranes, Inc., Bionics Advanced Filtration Systems (P) Ltd., B&P Water Technologies s.r.l., and others.
Key Benefits for Reverse Osmosis Membrane Market :
The study provides an in-depth analysis of the market, with current trends and future estimations to elucidate the investment pockets.
A comprehensive analysis of factors that drive and restrict the growth of the market is provided.
The report provides a quantitative analysis to help the stakeholders to capitalize on prevailing market opportunities.
An extensive analysis of different segments facilitates to understand various products of the market.
The key players are profiled, and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.
Reverse Osmosis Membrane Key Market Segments :
By Material Type
Cellulose-based
Cellulose acetate (CA) membrane
Nitrocellulose membrane
Others
Thin film composite
Polyamide (PA) composite membrane
Graphene oxide-based (GO) polyacrylonitrile (PAN) composite membrane
By Filter Module
Plate & frame
Spiral membrane
Pillow-shaped membrane
Tubular-shaped
Capillary
Spiral-wound
Hollow-fiber
By Application
Desalination system
Seawater
Brackish water
RO purification system
Residential & commercial
Municipal
Industrial
Medical devices & diagnostics
Dialysis equipment
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
Spain
UK
Italy
France
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
South Africa
UAE
Rest of LAMEA
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