The Global Market for Membrane Microfiltration

Table of Contents

Chapter 1 Introduction
1.1 Study Goals and Objectives
1.2 Reasons for Doing this Study
1.3 What's New in this Update?
1.4 Scope of Report
1.5 Methodology
1.6 Geographic Breakdown
1.7 Analyst's Credentials
1.8 Custom Research
1.9 Related Research Reports

Chapter 2 Summary and Highlights

Chapter 3 Market Overview
3.1 Description
3.2 Brief History of Microfiltration
3.3 Manufacturing Methods
3.3.1 Phase Separation
3.3.2 Track Etching
3.3.3 Stretching
3.3.4 Sintering
3.3.5 Semiconductor Production Techniques
3.4 Structure
3.5 Fouling
3.6 Pricing

Chapter 4 Market Dynamics
4.1 Drivers
4.1.1 Growing Use of Microfiltration in Food & Beverage Industry
4.1.2 Increased Environmental Concern and Strict Legislation on Wastewater Treatment
4.1.3 Surge in the Demand for Microfiltration Membrane in Making Covid Vaccine
4.2 Challenges
4.2.1 High Maintenance
4.2.2 High Competition
4.3 Opportunities
4.3.1 Rise in Demand for Non-Chemical Water Treatment Techniques
4.3.2 Growth in Developing Nations
4.3.3 Advanced Water Treatment Technologies to Boost the Market
4.4 Restraints
4.4.1 Sensitivity to Oxidative Chemicals

Chapter 5 Covid-19 Analysis
5.1 Impact on Demand
5.2 Impact on Supply
5.3 Impact on Price

Chapter 6 Microfiltration Membranes Market by Material Type
6.1 Introduction
6.2 Ceramic
6.3 Polymeric
6.3.1 Polyvinylidene Fluoride
6.3.2 Cellulosics
6.3.3 Polypropylene
6.3.4 Polysulfones
6.3.5 Ptfe
6.3.6 Polyamides

Chapter 7 Microfiltration Membranes Market by Membrane Form
7.1 Introduction
7.2 Hollow Fiber
7.3 Flat Sheet
7.4 Spiral-Wound
7.5 Tubular

Chapter 8 Microfiltration Membranes Market by Application
8.1 Introduction
8.2 Biotech/Bioprocessing/Pharmaceutical
8.2.1 Laboratory-Scale Separations
8.2.2 Bioprocessing
8.2.3 Compendial Water Treatment
8.2.4 Market for Mf Membranes in Biotech, Bioprocessing and Pharmaceuticals
8.3 Drinking Water
8.3.1 Drinking Water Standards
8.3.2 Types of Microfiltration Membranes Used for Potable Water Treatment
8.3.3 Pretreatment to Seawater Desalination
8.3.4 Market for Microfiltration Membranes in Potable (Drinking) Water Treatment
8.4 Industrial Process Water and Wastewater
8.4.1 Major User Industries
8.4.2 Industrial Wastewater/Process-Water Treatment Market
8.5 Municipal/Domestic Wastewater
8.5.1 Membrane Bioreactors
8.5.2 Wastewater Reclamation and Reuse
8.5.3 Market for Mf Membranes in Municipal/Domestic Wastewater Treatment
8.6 Semiconductor
8.6.1 Ultrapure Deionized Microelectronics-Grade Water
8.6.2 Chemical Filtration
8.6.3 Chemical Mechanical Planarization Slurry Treatment
8.6.4 Market for Mf Membranes in Semiconductor/Electronics Manufacturing
8.7 Food and Beverage Manufacturing
8.7.1 Dairy
8.7.2 Alcoholic Beverages
8.7.3 Non-Alcoholic Beverages
8.7.4 Others
8.7.5 Market for Microfiltration Membranes in Food and Beverage Processing

Chapter 9 Microfiltration Membranes Market by Region
9.1 North America
9.1.1 United States
9.1.2 Canada
9.1.3 Mexico
9.2 Europe
9.2.1 United Kingdom
9.2.2 Germany
9.2.3 France
9.2.4 Rest of Europe
9.3 Asia-Pacific
9.3.1 China
9.3.2 India
9.3.3 Japan
9.3.4 Rest of Asia-Pacific
9.4 Rest of the World

Chapter 10 Industry Structure
10.1 Staying Competitive
10.2 Market Share

Chapter 11 Company Profiles

• 3M
• Alfa Laval
• Donaldson Company Inc.
• Evoqua Water Technologies LLC
• Koch Separation Solutions
• Mann+Hummel
• Merck Kgaa
• Mitsubishi Chemical Corp.
• Pall Corp.
• Pentair
• Sartorius AG
• Synder Filtration Inc.
• Toray Industries Inc.

11.1 Other Players

Chapter 12 Appendix: Microfiltration Membranes

List of Tables
Summary Table: Global Market for Microfiltration Membranes, by Application, Through 2027
Table 1: Membrane Cost, by Configuration
Table 2: Global Market for MF Membranes, by Material Type, Through 2027
Table 3: Global Market for Ceramic MF Membranes, by Region, Through 2027
Table 4: Global Market for Polymeric MF Membranes, by Region, Through 2027
Table 5: Global Market for PVDF MF Membranes, by Region, Through 2027
Table 6: Global Market for PES MF Membranes, by Region, Through 2027
Table 7: Global Market for PS MF Membranes, by Region, Through 2027
Table 8: Global Market for PTFE MF Membranes, by Region, Through 2027
Table 9: Global Market for PA MF Membranes, by Region, Through 2027
Table 10: Global Market for Other Materials MF Membranes, by Region, Through 2027
Table 11: Global Market for MF Membranes, by Membrane Form, Through 2027
Table 12: Global Market for Hollow Fiber MF Membranes, by Region, Through 2027
Table 13: Global Market for Flat Sheet MF Membranes, by Region, Through 2027
Table 14: Global Market for Spiral-Wound UF Membranes, by Region, Through 2027
Table 15: Global Market for Tubular MF Membranes, by Region, Through 2027
Table 16: Applications for Microfiltration Membranes
Table 17: Global Market for MF Membranes, by Application, Through 2027
Table 18: Global Market for MF Membranes Used in Biotechnology, Bioprocessing and Pharmaceuticals, by Region, Through 2027
Table 19: Global Market for MF Membranes Used in Drinking Water, by Region, Through 2027
Table 20: Global Market for MF Membranes Used in Industrial Process Water and Wastewater, by Region, Through 2027
Table 21: Global Market for MF Membranes Used in Municipal/Domestic Wastewater, by Region, Through 2027
Table 22: Global Market for MF Membranes Used in Semiconductor, by Region, Through 2027
Table 23: Microfiltration Applications in Food and Beverage Processing
Table 24: Global Market for MF Membranes Used in Food and Beverages, by Type, Through 2027
Table 25: Global Market for MF Membranes Used in Food and Beverages, by Region, Through 2027
Table 26: Global Market for MF Membranes Used in Dairy Applications, by Region, Through 2027
Table 27: Global Market for MF Membranes Used in Alcoholic Beverages, by Type, Through 2027
Table 28: Global Market for MF Membranes Used in Alcoholic Applications, by Region, Through 2027
Table 29: Global Market for MF Membranes Used in Beer Filtration, by Region, Through 2027
Table 30: Global Market for MF Membranes Used in Wine Filtration, by Region, Through 2027
Table 31: Global Market for MF Membranes Used in Other Alcoholic Drinks, by Region, Through 2027
Table 32: Global Market for MF Membranes Used in Non-Alcoholic Application, by Region, Through 2027
Table 33: Global Market for MF Membranes Used in Others Application, by Region, Through 2027
Table 34: Global Market for MF Membranes, by Region, Through 2027
Table 35: North American Market for MF Membranes, by Country, Through 2027
Table 36: North American Market for MF Membranes, by Material Type, Through 2027
Table 37: North American Market for Polymeric MF Membranes, by Type, Through 2027
Table 38: North American Market for MF Membranes, by Membrane Form, Through 2027
Table 39: North American Market for MF Membranes, by Application, Through 2027
Table 40: North American Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 41: North American Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 42: U.S. Market for MF Membranes, by Material Type, Through 2027
Table 43: U.S. Market for Polymeric MF Membranes, by Type, Through 2027
Table 44: U.S. Market for MF Membranes, by Membrane Form, Through 2027
Table 45: U.S. Market for MF Membranes, by Application, Through 2027
Table 46: U.S. Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 47: U.S. Market for MF Membranes in Alcoholic Beverages, by Type Through 2027
Table 48: Canadian Market for MF Membranes, by Material Type, Through 2027
Table 49: Canadian Market for Polymeric MF Membranes, by Type, Through 2027
Table 50: Canadian Market for MF Membranes, by Membrane Form, Through 2027
Table 51: Canadian Market for MF Membranes, by Application, Through 2027
Table 52: Canadian Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 53: Canadian Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 54: Mexican Market for MF Membranes, by Material Type, Through 2027
Table 55: Mexican Market for Polymeric MF Membranes, by Type, Through 2027
Table 56: Mexican Market for MF Membranes, by Membrane Form, Through 2027
Table 57: Mexican Market for MF Membranes, by Application, Through 2027
Table 58: Mexican Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 59: Mexican Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 60: European Market for MF Membranes, by Country, Through 2027
Table 61: European Market for MF Membranes, by Material Type, Through 2027
Table 62: European Market for Polymeric MF Membranes, by Type, Through 2027
Table 63: European Market for MF Membranes, by Membrane Form, Through 2027
Table 64: European Market for MF Membranes, by Application, Through 2027
Table 65: European Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 66: European Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 67: U.K Market for MF Membranes, by Material Type, Through 2027
Table 68: U.K Market for Polymeric MF Membranes, by Type, Through 2027
Table 69: U.K Market for MF Membranes, by Membrane Form, Through 2027
Table 70: U.K Market for MF Membranes, by Application, Through 2027
Table 71: U.K Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 72: U.K Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 73: German Market for MF Membranes, by Material Type, Through 2027
Table 74: German Market for Polymeric MF Membranes, by Type, Through 2027
Table 75: German Market for MF Membranes, by Membrane Form, Through 2027
Table 76: German Market for MF Membranes, by Application, Through 2027
Table 77: German Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 78: German Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 79: French Market for MF Membranes, by Material Type, Through 2027
Table 80: French Market for Polymeric MF Membranes, by Type, Through 2027
Table 81: French Market for MF Membranes, by Membrane Form, Through 2027
Table 82: French Market for MF Membranes, by Application, Through 2027
Table 83: French Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 84: French Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 85: Rest of European Market for MF Membranes, by Material Type, Through 2027
Table 86: Rest of European Market for Polymeric MF Membranes, by Type, Through 2027
Table 87: Rest of European Market for MF Membranes, by Membrane Form, Through 2027
Table 88: Rest of European Market for MF Membranes, by Application, Through 2027
Table 89: Rest of European Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 90: Rest of European Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 91: Asia-Pacific Market for MF Membranes, by Country, Through 2027
Table 92: Asia-Pacific Market for MF Membranes, by Material Type, Through 2027
Table 93: Asia-Pacific Market for Polymeric MF Membranes, by Type, Through 2027
Table 94: Asia-Pacific Market for MF Membranes, by Membrane Form, Through 2027
Table 95: Asia-Pacific Market for MF Membranes, by Application, Through 2027
Table 96: Asia-Pacific Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 97: Asia-Pacific Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 98: Chinese Market for MF Membranes, by Material Type, Through 2027
Table 99: Chinese Market for Polymeric MF Membranes, by Type, Through 2027
Table 100: Chinese Market for MF Membranes, by Membrane Form, Through 2027
Table 101: Chinese Market for MF Membranes, by Application, Through 2027
Table 102: Chinese Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 103: Chinese Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 104: Indian Market for MF Membranes, by Material Type, Through 2027
Table 105: Indian Market for Polymeric MF Membranes, by Type, Through 2027
Table 106: Indian Market for MF Membranes, by Membrane Form, Through 2027
Table 107: Indian Market for MF Membranes, by Application, Through 2027
Table 108: Indian Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 109: Indian Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 110: Japanese Market for MF Membranes, by Material Type, Through 2027
Table 111: Japanese Market for Polymeric MF Membranes, by Type, Through 2027
Table 112: Japanese Market for MF Membranes, by Membrane Form, Through 2027
Table 113: Japanese Market for MF Membranes, by Application, Through 2027
Table 114: Japanese Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 115: Japanese Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 116: Rest of Asia-Pacific Market for MF Membranes, by Material Type, Through 2027
Table 117: Rest of Asia-Pacific Market for Polymeric MF Membranes, by Type, Through 2027
Table 118: Rest of Asia-Pacific Market for MF Membranes, by Membrane Form, Through 2027
Table 119: Rest of Asia-Pacific Market for MF Membranes, by Application, Through 2027
Table 120: Rest of Asia-Pacific Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 121: Rest of Asia-Pacific Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 122: Rest of the World Market for MF Membranes, by Material Type, Through 2027
Table 123: Rest of the World Market for Polymeric MF Membranes, by Type, Through 2027
Table 124: Rest of the World Market for MF Membranes, by Membrane Form, Through 2027
Table 125: Rest of the World Market for MF Membranes, by Application, Through 2027
Table 126: Rest of the World Market for MF Membranes in Food and Beverage, by Type, Through 2027
Table 127: Rest of the World Market for MF Membranes in Alcoholic Beverages, by Type, Through 2027
Table 128: Global Membrane Microfiltration Market Share, by Company, 2021
Table 129: 3M: Company Overview
Table 130: 3M: Product Description
Table 131: Alfa Laval: Company Overview
Table 132: Alfa Laval: Product Description
Table 133: Alfa Laval: Innovation Strategy
Table 134: Donaldson Company Inc.: Company Overview
Table 135: Donaldson Company Inc: Product Description
Table 136: Evoqua Water Technologies Llc: Company Overview
Table 137: Evoqua Water Technologies LLC: Product Description
Table 138: Evoqua Water Technologies LLC: Recent Developments, 2021
Table 139: Koch Separation Solutions: Company Overview
Table 140: Koch Separation Solutions: Product Description
Table 141: Koch Separation Solutions: Recent Developments, 2021
Table 142: Mann+Hummel: Company Overview
Table 143: MANN+HUMMEL: Product Description
Table 144: Merck KGAA: Company Overview
Table 145: Merck KGaA: Product Description
Table 146: Mitsubishi Chemical Corp.: Company Overview
Table 147: Mitsubishi Chemical Corp.: Product Description
Table 148: Pall Corp.: Company Overview
Table 149: Pall Corp.: Product Description
Table 150: Pentair: Company Overview
Table 151: Pentair: Product Description
Table 152: Sartorius AG: Company Overview
Table 153: Sartorius AG: Product Description
Table 154: Synder Filtration Inc.: Company Overview
Table 155: Synder Filtration Inc.: Product Description
Table 156: Toray Industries Inc.: Company Overview
Table 157: Toray Industries Inc.: Product Description
Table 158: Other Players in the Microfiltration Membrane Market
Table 159: Abbreviations Used in Microfiltration Membranes Report

List of Figures
Summary Figure: Global Market for Microfiltration Membranes, by Application, 2021-2027
Figure 1: Membrane Filtration Techniques
Figure 2: Crossflow Filtration
Figure 3: Dead-End Filtration
Figure 4: Global Market Shares of MF Membranes, by Material Type, 2021
Figure 5: Global Market Shares of Ceramic MF Membranes, by Region, 2021
Figure 6: Global Market Shares of Polymeric MF Membranes, by Region, 2021
Figure 7: Global Market Shares of PVDF MF Membranes, by Region, 2021
Figure 8: Global Market Shares of PES MF Membranes, by Region, 2021
Figure 9: Global Market Shares of PS MF Membranes, by Region, 2021
Figure 10: Global Market Shares of PTFE MF Membranes, by Region, 2021
Figure 11: Global Market Shares of PA MF Membranes, by Region, 2021
Figure 12: Global Market Shares of Other Materials MF Membranes, by Region, 2021
Figure 13: Global Market Shares of MF Membranes, by Membrane Form, 2021
Figure 14: Model Configuration of Hollow Fiber Membrane
Figure 15: Global Market Shares of Hollow Fiber MF Membranes, by Region, 2021
Figure 16: Illustration of Flat Sheet Membrane
Figure 17: Global Market Shares of Flat Sheet MF Membranes, by Region, 2021
Figure 18: Element Configuration of Spiral-Wound Membrane
Figure 19: Module Construction of Spiral-Wound Membrane
Figure 20: Global Market Shares of Spiral-Wound MF Membranes, by Region, 2021
Figure 21: Model Configuration of Tubular Membrane
Figure 22: Global Market Shares of Tubular MF Membranes, by Region, 2021
Figure 23: Global Market Shares of MF Membranes, by Application, 2021
Figure 24: Global Market Shares of MF Membranes Used in Biotechnology, Bioprocessing and Pharmaceuticals, by Region, 2021
Figure 25: Global Market Shares of MF Membranes Used in Drinking Water, by Region, 2021
Figure 26: Global Market Shares of MF Membranes Used in Industrial Process Water and Wastewater, by Region, 2021
Figure 27: Global Market Shares of MF Membranes Used in Municipal/Domestic Wastewater, by Region, 2021
Figure 28: Global Market Shares of MF Membranes Used in Semiconductor, by Region, 2021
Figure 29: Global Market Shares of MF Membranes Used in Food and Beverages, by Region, 2021
Figure 30: Global Market Shares of MF Membranes Used in Dairy Applications, by Region, 2021
Figure 31: Global Market Shares of MF Membranes Used in Alcoholic Applications, by Region, 2021
Figure 32: Beer Filter Function
Figure 33: Global Market Shares of MF Membranes Used in Beer Filtration, by Region, 2021
Figure 34: Wine Production Process
Figure 35: Global Market Shares of MF Membranes Used in Wine Filtration, by Region, 2021
Figure 36: White Spirits Process Flow Diagram
Figure 37: Brown Spirits Process Flow Diagram
Figure 38: Global Market Shares of MF Membranes Used in Other Alcoholic Drinks, by Region, 2021
Figure 39: Global Market Shares of MF Membranes Used in Non-Alcoholic Application, by Region, 2021
Figure 40: Global Market Shares of MF Membranes Used in Other Application, by Region, 2021
Figure 41: Global Market Shares of MF Membranes, by Region, 2021
Figure 42: North American Market Shares of MF Membranes, by Country, 2021
Figure 43: European Market Shares of MF Membranes, by Country, 2021
Figure 44: Asia-Pacific Market Shares of MF Membranes, by Country, 2021
Figure 45: Global Membrane Microfiltration Market Share, by Company, 2021
Figure 46: 3M: Revenue Analysis, 2020 and 2021
Figure 47: 3M: Market Share, by Business Segment, 2021
Figure 48: 3M: Market Share, by Region, 2021
Figure 49: Alfa Laval: Revenue Analysis, 2020 and 2021,
Figure 50: Alfa Laval: Market Share, by Business Segment, 2021
Figure 51: Alfa Laval: Market Share, by Region, 2021
Figure 52: Donaldson Company Inc: Revenue Analysis, 2020 and 2021,
Figure 53: Donaldson Company Inc: Market Share, by Business Segment, 2021
Figure 54: Donaldson Company Inc: Market Share, by Region, 2021
Figure 55: Evoqua Water Technologies LLC: Revenue Analysis, 2020 and 2021
Figure 56: Evoqua Water Technologies LLC: Market Share, by Business Segment, 2021
Figure 57: Evoqua Water Technologies LLC: Market Share, by Region, 2021
Figure 58: MANN+HUMMEL: Revenue Analysis, 2020 and 2021
Figure 59: MANN+HUMMEL: Market Share, by Region, 2021
Figure 60: Merck KGgA: Revenue Analysis, 2021 and 2022,
Figure 61: Merck KGgA: Market Share, by Business Segment, 2022
Figure 62: Merck KGgA: Market Share, by Region, 2022
Figure 63: Mitsubishi Chemical Corp.: Revenue Analysis, 2021 and 2022,
Figure 64: Mitsubishi Chemical Corp.: Market Share, by Business Segment, 2021
Figure 65: Pentair: Revenue Analysis, 2021 and 2022
Figure 66: Pentair: Market Share, by Business Segment, 2022
Figure 67: Pentair: Market Share, by Region, 2022
Figure 68: Sartorius AG: Revenue Analysis, 2021 and 2022
Figure 69: Sartorius AG: Market Share, by Business Segment, 2022
Figure 70: Sartorius AG: Market Share, by Region, 2022
Figure 71: Toray Industries Inc.: Revenue Analysis, 2020 and 2021
Figure 72: Toray Industries Inc.: Market Share, by Business Segment, 2021

Executive Summary

Microfiltration is a type of membrane filtration wherein forces such as pressure or concentration gradients proceed through a semipermeable membrane to isolation. Microfiltration membranes require less energy consumption for semi-dead-end set-up, compared to nano-filtration or reverse osmosis. Also, the pressure required in microfiltration membranes is much lesser than other membranes due to larger pore sizes. The demand of microfiltration membranes is high in industrial water treatment because it does not require energy-consuming phase transfer such as the evaporation technique.

Different types of modules can be used for microfiltration processes depending on the shape and material of the membrane. Commercial designs that are available for microfiltration modules differ depending on the hydrodynamic and economic constraints and the mechanical stability of the device under operating pressure. The microfiltration modules used in the industry are: 

• Tubular modules.
• Hollow fiber.
• Spiral-wound modules.
• Flat sheet.

These membranes are widely used in a range of industries including water treatment, food and beverage processing, pharmaceutical manufacturing, and biotechnology.

One of the most common applications of microfiltration membranes is in water treatment. In this process, the membranes are used to remove suspended solids, bacteria, and other contaminants from water. Microfiltration membranes are particularly useful in the treatment of surface waters and wastewaters, as they can remove a wide range of contaminants without the use of chemicals.

In food and beverage processing, microfiltration membranes are used to remove bacteria, yeast, and other microorganisms from liquids such as milk, beer, and wine. This process is important for ensuring the safety and quality of these products, as well as for extending their shelf life.

In the pharmaceutical industry, microfiltration membranes are used to purify drugs and other pharmaceutical products. The membranes can remove bacteria, viruses, and other contaminants from the products, ensuring their safety and efficacy.

In biotechnology, microfiltration membranes are used for cell separation and clarification. The membranes can remove cells and other particles from culture fluids, allowing for the production of pure cell cultures and other biotechnology products.

Overall, the use of microfiltration membranes has many advantages over other filtration technologies. These membranes operate at low pressures, which results in low energy consumption and operational costs. They are also highly effective in removing particles and microorganisms from fluids and do not require chemical agents or extensive pre-treatment of the fluid being filtered.

Companies Mentioned

• 3M
• Alfa Laval
• Donaldson Company Inc.
• Evoqua Water Technologies LLC
• Koch Separation Solutions
• Mann+Hummel
• Merck Kgaa
• Mitsubishi Chemical Corp.
• Pall Corp.
• Pentair
• Sartorius AG
• Synder Filtration Inc.
• Toray Industries Inc.