$8.2 Bn Spiral Membrane Market - Global Forecast to 2023
DUBLIN, Aug. 15, 2018 /PRNewswire/ --
The "Spiral Membrane Market by Polymer Type (Polyamide, PS & PES), Technology (RO, NF, UF, and MF), End-use Industry (Water & Wastewater Treatment, Food & Beverage, Pharmaceutical & Biotechnology, Oil & Gas), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The spiral membrane market is projected to grow from USD 5.10 billion in 2018 to USD 8.20 billion by 2023, at a CAGR of 10.0% from 2018 to 2023.
Spiral membranes are used in a wide range of end-use industries, such as water & wastewater treatment, food & beverages, pharmaceutical & biotechnology, oil & gas, and chemical & petrochemical. They act as a selective barrier, allowing the passage of certain constituents while retaining others. These membranes are mainly termed as filtration elements and are widely used in commercial and industrial applications. With recent developments in spiral membrane materials and increasing demand for the reduction of energy consumption in the chemical processing industry, newer membranes and processes are being developed for new applications.
Based on polymer type, the polyamide segment is estimated to account for the largest share of the spiral membrane market during the forecast period (2018-2023). The expected large market share is due to the vast availability and cost-effectiveness of polyamide membranes when compared to other membrane materials.
Based on technology, the reverse osmosis segment is estimated to account for the largest share of the spiral membrane market during the forecast period. The expected large market share is due to the growing use of reverse osmosis in desalination and industrial effluent applications.
Based on end-use industry, the water & wastewater treatment segment is projected to lead the spiral membrane market during the forecast period. More than 50% of the global population resides in urban areas. China and India accounted for more than 30% of the global urban population. The rapidly growing population and urbanization have increased the demand for clean water. This, in turn, leads to the growing use of spiral membranes in the water & wastewater treatment industry.
The APAC region is estimated to be the largest market for spiral membrane, globally. The growth of the APAC spiral membrane market can be attributed to the large industrial base and increased demand for spiral membrane from the water & wastewater treatment, chemical & petrochemical, oil & gas, pharmaceutical & biotechnology, and food & beverage industries of the region. Additionally, several initiatives by the region's different governments to attract investments from various international companies are expected to propel the growth of the APAC spiral membrane market during the forecast period.
High maintenance cost for increasing the membrane's lifespan is expected to be the major challenge for the growth of the spiral membrane market during the forecast period. DowDuPont Inc. (US), Toray Industries, Inc. (US), Hydranautics (US), LG Water Solutions (South Korea), SUEZ Water Technologies and Solutions (France), Merck Group (Germany), Pentair plc (US), Koch Membrane Systems (US), Pall Corporation (US), and Lanxess (Germany) are the key players operating in the spiral membrane market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
3.1 Introduction
4 Premium Insights
4.1 Attractive Opportunities In the Spiral Membrane Market
4.2 Spiral Membrane Market, By Technology
4.3 Spiral Membrane Market, By Polymer Type
4.4 Spiral Membrane Market, By Region
4.5 APAC Spiral Membrane Market, By End-Use Industry and Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Stringent Regulatory and Sustainability Mandates for Environmental Safety
5.2.2 Restraints
5.2.2.1 High Operating Cost for End Users
5.2.3 Opportunities
5.2.3.1 Growing Population and Rapid Urbanization In the Emerging Economies
5.2.4 Challenges
5.2.4.1 High Maintenance Cost for Increasing Membrane Lifespan
5.3 Porter's Five Forces
5.3.1 Bargaining Power of Buyers
5.3.2 Bargaining Power of Suppliers
5.3.3 Threat of New Entrants
5.3.4 Threat of Substitutes
5.3.5 Intensity of Competitive Rivalry
6 Macroeconomic Indicators
6.1 Introduction
6.2 Policy & Regulations
6.2.1 North America
6.2.1.1 Clean Water Act (CWA)
6.2.1.2 Safe Drinking Water Act (SDWA)
6.2.2 Europe
6.2.2.1 The Urban Wastewater Treatment Directive (1991)
6.2.2.2 The Drinking Water Directive (1998)
6.2.2.3 The Water Framework Directive (2000)
6.2.3 Asia
6.2.3.1 Environment Protection Law (EPL)
6.2.3.2 The Water Resource Law
6.2.3.3 Water Pollution Prevention & Control Law (WPL)
7 Spiral Membrane Market, By Polymer Type
7.1 Introduction
7.2 Polyamide
7.3 Ps & Pes
7.4 Fluoropolymers
7.5 Others
8 Spiral Membrane Market, By Technology
8.1 Introduction
8.2 Reverse Osmosis (RO)
8.3 Nanofiltration (NF)
8.4 Ultrafiltration (UF)
8.5 Microfiltration (MF)
9 Spiral Membrane Market, By End-Use Industry
9.1 Introduction
9.2 Water & Wastewater Treatment
9.2.1 Desalination
9.2.2 Public Utility Water Treatment
9.2.3 Wastewater Recycle
9.3 Food & Beverage
9.4 Pharmaceutical & Biotechnology
9.5 Chemical & Petrochemical
9.6 Oil & Gas
9.7 Others
10 Spiral Membrane Market, By Region
11 Competitive Landscape
11.1 Overview
11.2 Market Ranking
11.2.1 Dowdupont
11.2.2 Toray
11.2.3 Hydranautics
11.2.4 LG Chem
11.2.5 Suez
11.3 Competitive Scenario
11.3.1 New Product & Technology Development
11.3.2 Investments & Expansions
11.3.3 Partnerships, Agreements, & Collaborations
11.3.4 Mergers, Acquisitions, & Joint Ventures
12 Company Profile
12.1 Dowdupont
12.2 Toray Industries
12.3 Hydranautics (Nitto Denko Corporation)
12.4 LG Water Solutions
12.5 Suez Water Technologies and Solutions
12.6 Koch Membrane Systems
12.7 Lanxess
12.8 Merck Group
12.9 Pall Corporation
12.10 Pentair
12.11 Other Companies
12.11.1 Alfa Laval
12.11.2 Applied Membranes
12.11.3 Aquabio
12.11.4 Aquatech International
12.11.5 Axeon Water Technologies
12.11.6 Fileder
12.11.7 GEA Group
12.11.8 Hyflux Ltd.
12.11.9 Membranium
12.11.10 Microdyn-Nadir Gmbh
12.11.11 Parker Hannifin Corporation
12.11.12 Prominent
12.11.13 Synder Filtration
12.11.14 Toyobo
12.11.15 Uniqflux Membranes
For more information about this report visit https://www.researchandmarkets.com/research/w5kl9b/8_2_bn_spiral?w=5
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