Membrane Filtration Revenue to Attain USD 44.01 Bn by 2033

29 Oct 2024

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Table of Content

1. Membrane Filtration Revenue and Trends 2. Market Overview 3. Highlights of the Membrane Filtration Market Report: 4. Membrane Filtration Market Trends 5. Regional Insights 6. Membrane Filtration Market Coverage

Membrane Filtration Revenue and Trends

The global membrane filtration market size was valued at USD 19.45 billion in 2024 and is expected to reach USD 44.01 billion by 2034, expanding at a compound annual growth rate (CAGR) of 9.50% during the forecast period 2024 to 2033. The demand for membrane filtration is rising in the food & beverage industry due to the increasing demand for good quality food items and the rising awareness about the benefits of membrane filtration technology that can improve quality.

Market Overview

The membrane filtration method is used to treat water and make clean drinking water available. This method is extremely useful in eliminating any type of organic material, microorganisms, bacteria, and particulates from drinking water. The membrane filtration method is used in food & beverage, water and wastewater treatment, chemical, and pharmaceutical industries. This method helps improve the value of dairy products, nutritional products, and sports supplements. It is also useful in the production of whey protein and infant food. The rapid expansion of the food & beverage industry is one of the major factors boosting the demand for the membrane filtration system. In addition, the rising government focus on providing clean drinking water is also expected to boost the growth of the membrane filtration market.

Highlights of the Membrane Filtration Market Report:

• On the basis type, the reverse osmosis segment dominated the market with the largest share in 2023. This is mainly due to its high usage in water purification systems. This technology removes almost 99% of the contaminants from water. This technology is also used in the manufacturing process of food and beverages.
• Based on application, the water and wastewater segment held the largest share of the market in 2023 due to the increasing demand for clean drinking water worldwide. Rising government initiatives to provide clean drinking water further boost the demand for membrane filtration. It helps to enhance the quality of water by removing organic and inorganic materials.
• On the basis of module design, the tubular systems segment dominated the market in 2023. The tubular membrane is like a tube, but has a porous surface, which works efficiently to remove contaminants from the water. Thus, it is widely used in wastewater treatments.

Membrane Filtration Market Trends

• Increasing usage in the food & beverage industry: The rising demand for safe and quality food items significantly boosts the market. The membrane filtration technology is used in the food and beverages industry to separate the emulsified oil from food items, thus enhancing their nutritional value and shelf life. It is also used to pasteurize and sterilize dairy products. People are becoming more aware of food and water safety, which is also driving the market. With the membrane filtration technology, there is an improvement in the quality of the food and beverages. Moreover, the rapid expansion of the food & beverage industry contributes to market growth.
• Government regulations: Food safety standards are becoming stricter worldwide, resulting in increased use of membrane filtration technology to ensure the quality and safety of food items. Various governments are making efforts to supply safe drinking water, which further fuels the market growth. With the growing scarcity of safe drinking water in underdeveloped areas, there is a high demand for membrane filtration in the wastewater treatment industry.

Regional Insights

In 2023, Asia Pacific dominated the membrane filtration market with the largest share. This is mainly due to the expansion of the food & beverage and water & wastewater treatment businesses. The increasing demand for clean water further contributed to regional dominance. Moreover, stringent regulations about food quality and safety encourage the food & beverage industry to adopt membrane filtration. Governments of various nations like India and China focus on supplying clean drinking water, contributing to market expansion in Asia Pacific.

Membrane Filtration Market Coverage

Recent Developments in the Market

• In October 2023, SPX Flow Inc. launched the new oil-water separator from compressed air brands Hankison and Deltech, which can effectively and efficiently extract lubricants from condensate.

Segments covered in the report.

By Type 

• Reverse osmosis (RO)
• Ultrafiltration (UF)
• Microfiltration (MF)
• Nanofiltration (NF)

By Application

• Water & wastewater
• Food & beverages
• Dairy products
• Drinks & concentrates
• Wine & beer
• Other

By Module Design

• Spiral wound
• Tubular systems
• Plates & frames and hollow fibers

By Membrane Material

• Polymeric
• Ceramic 

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