According to Nova one advisor, the global Membrane Filtration market was valued at USD 16 .9 billion in 2021 and it is expected to hit around USD 36.9 billion by 2030 with a CAGR of 9.29% during the forecast period 2022 to 2030.
According to Nova one advisor, the global Membrane Filtration market was valued at USD 16 .9 billion in 2021 and it is expected to hit around USD 36.9 billion by 2030 with a CAGR of 9.29% during the forecast period 2022 to 2030.
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Membrane filters have become a highly important separation technology since the last decade. Advantages of membrane filter technology over conventional separation technologies are, in the former, chemicals are not added to the workflow, it consumes less energy, and operates in an organized way. There are two factors that determine the effectiveness of membrane filters; selectivity and productivity. Selectivity is denoted by retention or separation factor, while productivity by flux. Both are membrane-dependent. Membrane filter processes are used in water, wastewater, and process water treatment and food & beverage, life sciences, and pharmaceutical industries. These processes are also used for separation in chemical, petrochemical, and other manufacturing industries. Large investments and well-established infrastructure have boosted the demand for membrane filters in emerging markets.
Report Scope of the Membrane Filters Market
Report Coverage | Details |
Market Size | USD 36.9 Billion by 2030 |
Growth Rate | CAGR of 9.29% from 2022 to 2030 |
Largest Market | North America |
Fastest Growing Market | Asia Pacific |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Type, Application, Module Design, Membrane Material and Region, |
Companies Mentioned | 3M Company (US), Koch Membrane Systems Inc (US), GEA Group AG (Germany), Pall Corporation (US), Suez Water Technologies and Solutions (US), Alfa Laval AB (Sweden), SPX Flow Inc. (US), Veolia (France), DowDuPont (US), Prominent GmbH (Germany), Pentair Plc. (US), Porvair Filtration Group (UK) |
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Key Market Trends
Ultrafiltration Segment Expects to Register a High CAGR in the Membrane Filters Market Over the Forecast Period
The ultrafiltration segment is expected to witness significant growth in the membrane filters market over the forecast period owing to the factors such as the increasing adoption of ultrafiltration technologies, growing research and development spending, and rising awareness of water safety and filtration.
Ultrafiltration (UF) is a membrane technology used to remove dissolved and colloidal material at low transmembrane pressure. The dissolved metal ions (low-molecular weights or hydrated ions) can pass through the ultrafiltration membrane as these membranes have large pores that are greater than dissolved metal ions.
Several advantages offered by ultrafiltration are their low operating pressure, low energy consumption than nano-filtration or reverse osmosis, few manual actions required, cheap, good permeate yield depending on the supply of water and membrane choice, and can be disinfected easily. Ultrafiltration has its application in the dairy industry, food industry, metal industry, textile industry, pharmaceutical industry, and chemical industry.
In addition, as per an article published by the Elsevier Public Health Emergency Collection, April 2021, titled A review on hospital wastewater treatment: A special emphasis on occurrence and removal of pharmaceutically active compounds, resistant microorganisms, and SARS-CoV-2’’, a pilot-scale study was conducted using membrane bioreactors (MBR) with shallow ultrafiltration fiber membranes to treat hospital wastewater (HWW), which shows 95% removal of total suspended solids (TSS), biochemical oxygen demand (BOD), and ammonia after an HRT of 14 h. Similarly, according to an article published in March 2021, titled ‘Recovery and Purification of Protein Aggregates from Cell Lysates Using Ceramic Membrane: Fouling Analysis and Modeling of Ultrafiltration’, membrane ultrafiltration can be used to purify larger size and insoluble protein aggregates as compared to expensive chromatography steps. This is expected to increase the adoption of ultrafiltration technologies in the industries, thereby propelling segment growth.
Furthermore, the rising company activities are also expected to increase the market growth over the forecast period. For instance, in March 2022, LG Electronics, India launched an Ultrafiltration + Ultraviolet (UF+UV) water purifier on World Water Day. These water purifiers remove heavy metals from the water. Also, in June 2020, Synder Filtration launched OptimaFlow Series elements. The new product line is available for all current standard and MAX membrane types for ultrafiltration and microfiltration in the standard element sizes and models. Similarly, in June 2020, Microdyn-Nadir launched a new brand for its hollow fiber PVDF ultrafiltration (UF) product line, Microdyne PureULTRA module for treating surface water, groundwater, seawater, and tertiary treated wastewater.
North America is Expected to Dominate the Market During the Forecast Period
North America is expected to hold a significant market share in the membrane filters market owing to the factors such as the rising research and development expenditure and increasing technological advancements in membrane filters.
The spending on research and development (R&D) by various pharmaceutical companies and government organizations has been increasing recently, which is anticipated to drive market growth over the forecast period. For instance, as per the annual reports-2021 of 3M Company, in 2021, the company invested USD 1.994 billion in its research and development as compared to USD 1.878 billion in 2020. In addition, another company, Danaher Corporation invested USD 1,742 million in its research and development in 2021, as compared to USD 1,348 million in 2020. This is expected to increase the adoption of new technologies in filtration system which provides better accuracy and reduce fouling parameter, thereby fueling the market growth.
In addition, Environmental Protection Agency announced the availability of USD 1 billion in funding, in FY2022, and the first of USD 5 billion, for the fiscal year 2022-2026, in grants under the Bipartisan Infrastructure Law to address per-and poly-fluoroalkyl substances (PFAS) and other emerging contaminants in drinking water, particularly in small or disadvantaged communities. The Emerging Contaminants in Small or Disadvantaged Communities Grant Program’s objective is to prioritize grant funding in small or disadvantaged communities so that they can concentrate solely on addressing emerging contaminants in drinking water, including PFAS. Thus, the rising government initiatives and funding related to water safety and filtration are expected to increase the demand for membrane filters and their use in the filtration process thereby propelling the market growth.
Furthermore, the new product launches of membrane filters and related filtration systems in the region are also expected to boost market growth over the forecast period. For instance, in November 2021, DuPont Water Solutions (DWS) launched a new reverse osmosis membrane filter, TapTec LC HF-4040, which is designed to combine high flow rates with reliability, for use in commercial buildings.
Thus, owing to the aforementioned factors, the market is expected to grow significantly during the forecast period.
Some of the prominent players in the Membrane Filters Market include:
- 3M Company (US)
- Koch Membrane Systems Inc (US)
- GEA Group AG (Germany)
- Pall Corporation (US)
- Suez Water Technologies and Solutions (US)
- Alfa Laval AB (Sweden)
- SPX Flow Inc. (US)
- Veolia (France)
- DowDuPont (US)
- Prominent GmbH (Germany)
- Pentair Plc. (US)
- Porvair Filtration Group (UK).
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Membrane Filters market
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
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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