Membrane Market will register a CAGR of 7.21% during 2020-2024. The market’s growth momentum will Accelerate.
Increasing incidence of diabetes | Advantages of membrane technology in pharmaceutical and medical industries | Growing acceptance of wastewater management will be one of the major factors driving the growth of this market. Additionally, key Membrane Market trends such as the Growing acceptance of wastewater management will also influence market growth during the forecast period.
Membrane Market Size
During the forecast period, the Membrane Market size will grow by $ 3.65 bn.
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Membrane Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Membrane Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Fouling of membranes | Intense functional charges and expenditure | Ease of accessibility of alternative technologies will also challenge the growth of the companies.
Asahi Kasei Corp. | DuPont de Nemours Inc. | GEA Group Aktiengesellschaft | General Electric Co. | Koch Industries Inc. | Merck KGaA | OSMO Membrane Systems GmbH | Sartorius AG | Siemens AG | SUEZ SA.list
are some of the companies covered in Technavio’s Membrane Market report for 2021-2025.
Membrane Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Membrane Market.
The APAC will account for the largest Membrane Market share and during 2021-2025, the region will contribute to 54% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Membrane Market report also analyzes the market by Reverse Osmosis | Microfiltration | Ultrafiltration | Pervaporation | Others | Water and wastewater treatment | Food and beverage | Pharmaceutical and medical | Chemical processing | Others | APAC | North America | Europe | South America | MEA
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