Water scarcity and need for high-quality water around the world, as well as the growth of the biopharmaceutical and processed food industries have increased the use of membrane microfiltration as an integral part of manufacturing processes to maintain sterility and avoid contamination. Furthermore, consumer awareness of the health advantages of clean water drives demand for membrane microfiltration in water treatment applications. However, strong government laws governing the validation of the filtering process functions as a significant barrier to the market expansion.
The key players in membrane microfiltration have adopted strategic moves such as product launch and partnership to strengthen their market position. For instance, in June 2021, Koch Separation Solution partnered with SHL Global Investments Ltd Septech. It promotes eco-tec ion exchange solutions in power generation, industrial processing, and oil & gas sectors in Saudi Arabia and United Arab Emirates. As a result, key players have expanded their business in other regions, which significantly contributes toward the market growth.
The market is segmented on the basis of filtration mode, material, end user, and region. In terms of filtration mode, the market is divided into cross-flow, direct-flow, and others. By material, the market is bifurcated into organic and inorganic. On the basis of end user, the market is categorized into hospitals & laboratories, pharmaceutical & biopharmaceutical companies, food & beverage, water & wastewater treatment, and others. Region wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Competition Analysis
The key players operating in the global membrane microfiltration are 3M Company, Alfa Laval, General Electric Company, Danaher Corporation, Aquatech International LLC, MERCK Group, Kubota Corporation, Koch Membrane Systems, Inc., Pentair PLC, and Sartorius AG.
Key Benefits For Stakeholders
- The report provides an extensive analysis of the current and emerging membrane microfiltration market trends and dynamics.
- In-depth membrane microfiltration market analysis is conducted by constructing market estimations for key market segments between 2021 and 2030.
- Extensive analysis of the membrane microfiltration market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global membrane microfiltration market forecast analysis from 2021 to 2030 is included in the report.
- The key players within membrane microfiltration market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the membrane microfiltration industry.
Key Market Segments
By Filtration Mode
- Cross Flow
- Direct Flow
- Others
By Material
- Organic
- Inorganic
By End User
- Hospitals And Laboratories
- Pharmaceutical And Biopharmaceutical Companies
- Food And Beverage
- Water And Waste Water Treatment
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Kubota Corporation
- Koch Membrane Systems, Inc.
- Pentair PLC
- Sartorius AG
- 3M Company
- Alfa Laval
- General Electric Company
- Danaher Corporation
- Aquatech International LLC
- MERCK Group
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Table of Contents
Executive Summary
According to this report titled, 'Membrane Microfiltration Market,' the membrane microfiltration market size was valued at $3,772.70 million in 2020, and is estimated to reach $8.8 Billion by 2030, growing at a CAGR of 8.9% from 2021 to 2030. Microfiltration is a type of low-pressure membrane filtration that is used to physically separate suspended particles such as fat, bacteria, particulates, and colloids. Microfiltration can be used in a variety of industrial processes for separating bacteria and particles with a diameter larger than 0.1m. In pharmaceutical firms, they're employed for sterilization and contamination prevention during the production process.Microfiltration is used in the food and beverage sector to separate various components and produce distinct products.
The membrane microfiltration market is segmented on the basis of filtration mode, which includes cross-flow filtration, direct-flow filtration, and others. The cross-flow filtration is expected to register high growth revenue share during the forecast period. Cross-flow filtering has grown in popularity in a variety of end-use applications as a result of its improved membrane shelf life and ability to prevent irreversible fouling. The pharmaceutical, food & beverage, and chemical sectors all use cross-flow microfiltration. Cross-flow microfiltration has seen a surge in membrane microfiltration market demand due to an increase in desire for higher quality and better value wines when compared to previous systems.
The market demand for membrane microfiltration in water treatment applications has increased as consumer awareness of clean water and its health advantages has grown. Governments are most likely to implement strict wastewater treatment procedures as a result of global concerns over limited water supplies. The membrane microfiltration market has expanded in response to the increased demand for filtered water among homes. Membrane microfiltration techniques have become more popular as governments and businesses attempt to fulfill changing environmental laws.
Moreover, key players are focused on expanding business by launching latest membrane microfiltration solutions for such applications. For instance, in April 2021, Koch Separation Solutions expanded its tubular membrane product portfolio with the introduction of INDU-COR HD. It is a new technique that is meant to better handle a variety of industrial waste streams. It has a 300 percent greater packing density, making cross flow filtration more cost-effective while taking up less space. Such latest technique or membrane microfiltration from the key players provides significant membrane microfiltration market growth.
However, during the pandemic, various manufacturers in the membrane microfiltration market had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of membrane microfiltration companies. In addition, lack of manpower & raw materials and constricted supply of equipment of membrane microfiltration have negatively influenced the growth of the membrane microfiltration market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of membrane microfiltration companies.
COMPETITION ANALYSIS
The key players operating in the global membrane microfiltration are 3M Company, Alfa Laval, General Electric Company, Danaher Corporation, Aquatech International LLC, MERCK Group, Kubota Corporation, Koch Membrane Systems, Inc., Pentair PLC, and Sartorius AG.
Key findings of the Study
- The report provides an extensive analysis of the current and emerging membrane microfiltration market trends and dynamics.
- Depending on filtration mode, the cross-flow segment dominated the membrane microfiltration market, in terms of revenue in 2020 and the segment is projected to grow at a significant CAGR during the forecast period.
- By material, the organic segment has registered highest revenue in 2020.
- By end user, the water and wastewater treatment segment has registered highest revenue in 2020.
- Asia-Pacific is projected to register highest growth rate in the coming years.
The report provides an extensive analysis of the current trends and emerging opportunities of the market.
In-depth membrane microfiltration market analysis is conducted by constructing estimations for the key segments between 2021 and 2030.
The global membrane microfiltration market forecast analysis from 2021 to 2030 is included in the report.
A comprehensive analysis of membrane microfiltration market share of regions is provided to determine the prevailing opportunities.
Companies Mentioned
- Kubota Corporation
- Koch Membrane Systems, Inc.
- Pentair PLC
- Sartorius AG
- 3M Company
- Alfa Laval
- General Electric Company
- Danaher Corporation
- Aquatech International LLC
- MERCK Group
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 250 |
Published | March 2022 |
Forecast Period | 2020 - 2030 |
Estimated Market Value ( USD | $ 3772.7 million |
Forecasted Market Value ( USD | $ 8849.5 million |
Compound Annual Growth Rate | 8.9% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |