Market Overview

Spiral Membrane Market Worth $8.20 Billion by 2023

Share:

Spiral Membrane Market Worth $8.20 Billion by 2023

PR Newswire

PUNE, India, August 7, 2018 /PRNewswire/ --

According to a new market research report "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", published by MarketsandMarkets™, the 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. Increasing awareness of water & wastewater treatment and requirement of selective separation for meeting water quality standards are the major drivers for the Spiral Membrane Market. In addition, stringent environmental regulations in many countries are also expected to drive the Spiral Membrane Market during the forecast period.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Browse 72 market data Tables and 35 Figures spread through 123 Pages and in-depth TOC on "Spiral Membrane Market"

https://www.marketsandmarkets.com/Market-Reports/spiral-membrane-market-14994326.html

Early buyers will receive 10% customization on this report

Polyamide segment to lead Spiral Membrane Market during forecast period  

Based on type, the polyamide segment is projected to lead the Spiral Membrane Market during the forecast period. Polyamide type is estimated to have accounted for the largest market share due to its easy availability and cost-efficiency. In addition, these membranes possess lower pressure requirements and more flexible operating conditions which makes them suitable for municipal and industrial effluent treatment application.

Get PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=14994326

Water & wastewater treatment segment projected to grow at highest CAGR during forecast period 

Based on end-use industry, the water & wastewater treatment segment is projected to grow at the highest CAGR from 2018 to 2023. Spiral membranes are widely used in various industries such as food & beverage, pharmaceutical, chemical & petrochemical, and textile industries. The technology is used for water treatment and manufacturing processes. In addition to this, the presence of stringent regulations in various countries for effluent discharge is also a major factor for the large size of this segment. The R&D departments of manufacturing companies are carrying out research to widen the application areas, which is expected to drive the Spiral Membrane Market during the forecast period.

APAC Spiral Membrane Market projected to grow at highest CAGR from 2018 to 2023 

The Spiral Membrane Market in the APAC region possesses immense potential for growth. Increasing awareness of water and wastewater treatment and rising scarcity of fresh water are expected to fuel the demand for ultrafiltration during the forecast period. China, India, and Japan are some of the key countries in the region contributing significantly towards the growth of the Spiral Membrane Market in the APAC region.

Some of the key players in the Spiral Membrane Market are 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), among others. New product and technology development was the major growth strategy adopted by the market players between 2015 and 2018 to enhance their regional footprint and meet the growing demand for spiral membrane in the emerging economies.

Reverse Osmosis segment to lead Spiral Membrane Market during forecast period  

Based on type, the reverse osmosis segment is projected to lead the Spiral Membrane Market during the forecast period. RO is the leading technology for spiral membrane because of its cost-effectiveness. It is primarily used for desalination of seawater and brackish water. NF is the fastest-growing technology for spiral membrane because of its increasing use in water treatment applications.

Know more about Spiral Membrane Market:

https://www.marketsandmarkets.com/Market-Reports/spiral-membrane-market-14994326.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: sales@marketsandmarkets.com

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/spiral-membrane-market.asp

Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets


SOURCE MarketsandMarkets

View Comments and Join the Discussion!