$8.2 Bn Spiral Membrane Market – Global Forecast to 2023

$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

Media Contact:

Laura Wood, Senior Manager

press@researchandmarkets.com  

For E.S.T Office Hours Call +1-917-300-0470

For U.S./CAN Toll Free Call +1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com

Read on The Source

Share:

Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About HEDGEaccordingly.com