The global polymeric membrane market in 2022 was valued at US$7.44 billion. The market value is projected to reach US$9.47 billion by 2028. Polymeric membrane refers to a collection of polymers with improved and more efficient mechanical properties for membrane filtration. Polymeric membrane has high performance, efficiency, and particular separation properties. They are cost-effective, have high selectivity, and are simple to prepare and operate in a variety of applications such as beverage processing, feed water generation, chemical processing, and others.
The market value is expected to grow at a CAGR of 4.09% during the forecast period of 2023-2028, with water treatment polymeric membrane segment being the dominant en sector owing to rising population and water pollution. Ensuring adequate clean water supplies for ever growing population will likely require increased investment in water processing technology. Additionally, the increasing presence of emerging pollutants in the aquatic environment is leading the market to find innovative technologies to purify water. Furthermore, in regions with water scarcity, the provision of water from seawater desalination plants is becoming increasingly important, which is expected to propel the reverse osmosis technology in the polymeric membrane market during the forecast period.
Market Segmentation Analysis:
- By Technology: The report provides the bifurcation of the market into four segments based on the technology: reverse osmosis, ultrafiltration, microfiltration and nanofiltration. In 2022, in terms of value, reverse osmosis polymeric membrane segment held the major share in the market. Reverse osmosis is largely used for the desalination of seawater as it can separate dissolved solids, bacteria, viruses, and other selected dissolved substances. Considering the rising trend of reverse osmosis membrane use in alternative water source treatment, including desalination plants and wastewater recycling, the reverse osmosis membrane-based water and wastewater treatment processes are expected to have a great potential in the future.
- By End Sector: The report provides the bifurcation of the market into into four segments based on the end sector: water treatment, wastewater treatment, medical polymeric membrane and industrial polymeric membrane. In 2022, water treatment held the major share in the market, followed by wastewater treatment. The survival of human life depends on the availability of freshwater for drinking. Owing to urbanization stemming from the rising global population, the demand for water purification system has increased over years. These water purifying systems largely use polymeric membrane to carry out the filtration process. Besides, the global commitment to reducing plastic consumption and increasing number of desalination projects to bring clean water to rural areas and emerging countries using affordable and safe filtration systems is expected to drive the demand for polymeric membrane during the forecasted years.
Market Dynamics:
- Growth Drivers: One of the most important factors impacting the global polymeric membrane market is the rapid increase in population. Rapidly growing population require increased water availability for consumption. Due to rising water pollution, the freshwater has been depleting at a faster rate, thus making it necessary to reuse the water. The impact of climate change, combined with rapid population growth and industrialization, is likely to require continued investment in drinking and wastewater infrastructure across the continent which require polymeric membrane for filtration. This is expected to drive the demand for polymeric membrane during forecasted years. In addition to this, the market has been growing over the past few years, due to factors such as increasing need for water purification system, growing adoption in pharmaceutical industry, surging demand from food & beverage industry, stringent wastewater regulations, escalating water pollution and many other factors.
- Challenges: However, the market has been confronted with some challenges specifically, need for frequent replacements of barrier films, maintaining low cost of production, etc.
- Trends: The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as proliferation of blood transfusion and apheresis membrane, proton exchange and anion exchange membrane, water and wastewater treatment digitalization etc. The apheresis market extensively use polymeric membrane for blood and plasma collection and transfusion. Increasing number of blood diseases, such as sickle cell anaemia, blood cancer and haemophilia and the huge demand for plasmapheresis devices on the back of the increasing use of plasma-derived drugs by biopharma companies are expected to drive the demand for blood transfusion and apheresis membrane, thereby propelling the global polymeric membrane market.
Impact Analysis of COVID-19 and Way Forward:
The sudden outbreak of the COVID-19 pandemic has caused a significant strain on the growth of the global polymeric membrane market as a result of disruption in the supply and demand chain of raw materials for manufacturing such polymers. The lockdown shutdown almost all the major biopharmaceutical, food & beverage processing, water & wastewater treatment projects, and petrochemical processing activities across the world straining the productivity of the market.
Competitive Landscape:
The global polymeric membrane market is consolidated with the presence of concentrated large players. The key players in the global polymeric membrane market are:
- Toray Industries, Inc.
- Nitto Denko Corporation (Hydranautics)
- Danaher Corporation (Pall Corporation)
- Parker Hannifin Corporation
- Pentair plc
- Alsys Group
- Membrane Technology & Research (MTR)
- Arkema S.A
- Evonik Industries AG
- Honeywell International Inc.
- Daikin Industries, Ltd
- Solvay S.A.
- LG Chem Ltd.
Globally there are only few manufacturers of hollow fibre membranes for third-parties and most of them focus on ‘standard’ membranes, such as those used in dialysis treatment. Several resin manufacturers, like DuPont, Saint Gobain and Solvay, as well as multinational MedTech companies, such as Asahi Kasei, Baxter and Fresenius Medical Care, also manufacture hollow fibre membranes but almost entirely for their own internal production, and do not sell them to third parties.
Table of Contents
1. Executive Summary
2. Introduction
2.1 Polymeric Membrane: An Overview
2.1.1 Definition of Polymeric Membrane
2.2 Polymeric Membrane Segmentation: An Overview
2.2.1 Polymeric Membrane Segmentation
3. Global Market Analysis
3.1 Global Polymeric Membrane Market: An Analysis
3.1.1 Global Polymeric Membrane Market: An Overview
3.1.2 Global Polymeric Membrane Market by Value
3.1.3 Global Polymeric Membrane Market by Technology (Reverse Osmosis (RO), Ultrafiltration (UF), Microfiltration (MF) And Nanofiltration (NF))
3.1.4 Global Polymeric Membrane Market by End Sector (Water Treatment Polymeric Membrane, Wastewater Treatment Polymeric Membrane, Medical Polymeric Membrane And Industrial Polymeric Membrane)
3.1.5 Global Polymeric Membrane Market by Region (Asia Pacific, North America, Europe and Rest of World)
3.2 Global Polymeric Membrane Market: Technology Analysis
3.2.1 Global Polymeric Membrane Market by Technology: An Overview
3.2.2 Global Reverse Osmosis Polymeric Membrane Market by Value
3.2.3 Global Ultrafiltration (UF) Polymeric Membrane Market by Value
3.2.4 Global Microfiltration (MF) Polymeric Membrane Market by Value
3.2.5 Global Nanofiltration (NF) Polymeric Membrane Market by Value
3.3 Global Polymeric Membrane Market: End Sector Analysis
3.3.1 Global Polymeric Membrane Market By End Sector: An Overview
3.3.2 Global Water Treatment Polymeric Membrane Market By Value
3.3.3 Global Wastewater Treatment Polymeric Membrane Market By Value
3.3.4 Global Medical Polymeric Membrane Market By Value
3.3.5 Global Industrial Polymeric Membrane Market By Value
4. Regional Market Analysis
4.1 Asia Pacific Polymeric Membrane Market: An Analysis
4.1.1 Asia Pacific Polymeric Membrane Market: An Overview
4.1.2 Asia Pacific Polymeric Membrane Market by Value
4.1.3 Asia Pacific Polymeric Membrane Market by Region (China, Japan, India, South Korea and Rest of Asia Pacific)
4.1.4 China Polymeric Membrane Market by Value
4.1.5 Japan Polymeric Membrane Market by Value
4.1.6 India Polymeric Membrane Market by Value
4.1.7 South Korea Polymeric Membrane Market by Value
4.1.8 Rest of Asia Pacific Polymeric Membrane Market by Value
4.2 North America Polymeric Membrane Market: An Analysis
4.2.1 North America Polymeric Membrane Market: An Overview
4.2.2 North America Polymeric Membrane Market by Value
4.2.3 North America Polymeric Membrane Market by Region (The US, Mexico, and Canada)
4.2.4 The US Polymeric Membrane Market by Value
4.2.5 Canada Polymeric Membrane Market by Value
4.2.6 Mexico Polymeric Membrane Market by Value
4.3 Europe Polymeric Membrane Market: An Analysis
4.3.1 Europe Polymeric Membrane Market: An Overview
4.3.2 Europe Polymeric Membrane Market by Value
4.3.3 Europe Polymeric Membrane Market by Region (UK, Germany, France and Rest of Europe)
4.3.4 Germany Polymeric Membrane Market by Value
4.3.5 United Kingdom Polymeric Membrane Market by Value
4.3.6 France Polymeric Membrane Market by Value
4.3.7 Rest of Europe Polymeric Membrane Market by Value
4.4 Rest of World Polymeric Membrane Market: An Analysis
4.4.1 Rest of World Polymeric Membrane Market: An Overview
4.4.2 Rest of World Polymeric Membrane Market by Value
5. Impact of COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Polymeric Membrane Market
5.1.2 Post-COVID-19 Recovery of Polymeric Membrane Market
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Increasing Need for Water Purification System
6.1.2 Growing Adoption in Pharmaceutical Industry
6.1.3 Rapid Increase in Population
6.1.4 Surging Demand From Food & Beverage Industry
6.1.5 Stringent Wastewater Regulations
6.1.6 Escalating Water Pollution
6.2 Challenges
6.2.1 Need for Frequent Replacements of Barrier Films
6.2.2 Maintaining Low Cost Of Production
6.3 Market Trends
6.3.1 Proliferation Of Blood Transfusion and Apheresis Membrane
6.3.2 Proton Exchange and Anion Exchange Membrane
6.3.3 Water and Wastewater Treatment Digitalization
7. Competitive Landscape
7.1 Global Polymeric Membrane Market Players: Key Comparison
8. Company Profiles
8.1 Toray Industries, Inc.
8.1.1 Business Overview
8.1.2 Business Segments
8.1.3 Business Strategy
8.2 Nitto Denko Corporation (Hydranautics)
8.2.1 Business Overview
8.2.2 Business Segments
8.2.3 Business Strategy
8.3 Danaher Corporation (Pall Corporation)
8.3.1 Business Overview
8.3.2 Business Segments
8.3.3 Business Strategy
8.4 Parker Hannifin Corporation
8.4.1 Business Overview
8.4.2 Business Segment
8.4.3 Business Strategy
8.5 Pentair plc
8.5.1 Business Overview
8.5.2 Business Segments
8.5.3 Business Strategy
8.6 Alsys Group
8.6.1 Business Overview
8.6.2 Business Strategy
8.7 Membrane Technology & Research (MTR)
8.7.1 Business Overview
8.7.2 Business Strategy
8.8 Arkema S.A
8.8.1 Business Overview
8.8.2 Business Segment
8.8.3 Business Strategy
8.9 Evonik Industries AG
8.9.1 Business Overview
8.9.2 Business Divisions
8.9.3 Business Strategy
8.10 Honeywell International Inc.
8.10.1 Business Overview
8.10.2 Operating Segments
8.10.3 Business Strategy
8.11 Daikin Industries, Ltd.
8.11.1 Business Overview
8.11.2 Operating Segments
8.11.3 Business Strategy
8.12 LG Chem Ltd.
8.12.1 Business Overview
8.12.2 Operating Segments
8.12.3 Business Strategy
8.13 Solvay S.A.
8.13.1 Business Overview
8.13.2 Operating Segments
8.13.3 Business Strategy
List of Figures
Figure 1: End User Industries of Polymeric Membrane
Figure 2: Polymeric Membrane Segmentation
Figure 3: Global Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
Figure 4: Global Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 5: Global Polymeric Membrane Market by Technology; 2022 (Percentage, %)
Figure 6: Global Polymeric Membrane Market by End Sector; 2022 (Percentage, %)
Figure 7: Global Polymeric Membrane Market by Region; 2022 (Percentage, %)
Figure 8: Global Reverse Osmosis Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
Figure 9: Global Reverse Osmosis Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 10: Global Ultrafiltration (UF) Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
Figure 11: Global Ultrafiltration (UF) Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 12: Global Microfiltration (MF) Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
Figure 13: Global Microfiltration (MF) Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 14: Global Nanofiltration (NF) Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
Figure 15: Global Nanofiltration (NF) Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 16: Global Water Treatment Polymeric Membrane Market By Value; 2018-2022 (US$ Billion)
Figure 17: Global Water Treatment Polymeric Membrane Market By Value; 2023-2028 (US$ Billion)
Figure 18: Global Wastewater Treatment Polymeric Membrane Market By Value; 2018-2022 (US$ Billion)
Figure 19: Global Wastewater Treatment Polymeric Membrane Market By Value; 2023-2028 (US$ Billion)
Figure 20: Global Medical Polymeric Membrane Market By Value; 2018-2022 (US$ Billion)
Figure 21: Global Medical Polymeric Membrane Market By Value; 2023-2028 (US$ Billion)
Figure 22: Global Industrial Polymeric Membrane Market By Value; 2018-2022 (US$ Million)
Figure 23: Global Industrial Polymeric Membrane Market By Value; 2023-2028 (US$ Million)
Figure 24: Asia Pacific Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
Figure 25: Asia Pacific Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 26: Asia Pacific Polymeric Membrane Market by Region; 2022 (Percentage, %)
Figure 27: China Polymeric Membrane Market by Value, 2018-2022 (US$ Billion)
Figure 28: China Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 29: Japan Polymeric Membrane Market by Value, 2018-2022 (US$ Million)
Figure 30: Japan Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
Figure 31: India Polymeric Membrane Market by Value, 2018-2022 (US$ Million)
Figure 32: India Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
Figure 33: South Korea Polymeric Membrane Market by Value, 2018-2022 (US$ Million)
Figure 34: South Korea Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
Figure 35: Rest of Asia Pacific Polymeric Membrane Market by Value, 2018-2022 (US$ Million)
Figure 36: Rest of Asia Pacific Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
Figure 37: North America Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
Figure 38: North America Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 39: North America Polymeric Membrane Market by Region; 2022 (Percentage, %)
Figure 40: The US Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
Figure 41: The US Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 42: Canada Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
Figure 43: Canada Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
Figure 44: Mexico Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
Figure 45: Mexico Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
Figure 46: Europe Polymeric Membrane Market by Value; 2018-2022 (US$ Billion)
Figure 47: Europe Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 48: Europe Polymeric Membrane Market by Region; 2022 (Percentage, %)
Figure 49: Germany Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
Figure 50: Germany Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
Figure 51: United Kingdom Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
Figure 52: United Kingdom Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
Figure 53: France Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
Figure 54: France Polymeric Membrane Market by Value; 2023-2028 (US$ Million)
Figure 55: Rest of Europe Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
Figure 56: Rest of Europe Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 57: Rest of World Polymeric Membrane Market by Value; 2018-2022 (US$ Million)
Figure 58: Rest of World Polymeric Membrane Market by Value; 2023-2028 (US$ Billion)
Figure 59: Global Water Purifier Market; 2019-2028 (US$ Billion)
Figure 60: Global Pharmaceutical Membrane Filtration Market; 2020-2025 (US$ Billion)
Figure 61: Global Population; 2016-2021 (Billion)
Figure 62: Global Apheresis Market; 2020-2026 (Billion)
Figure 63: Toray Industries, Inc. Revenue by Business Segments; 2021 (Percentage, %)
Figure 64: Nitto Denko Corporation Revenue by Business Segments; 2021 (Percentage, %)
Figure 65: Danaher Corporation Revenue by Business Segments; 2021 (Percentage, %)
Figure 66: Parker Hannifin Corporation Revenues by Business Segment; 2022 (Percentage, %)
Figure 67: Pentair plc Net Sales by Business Segments; 2021 (Percentage, %)
Figure 68: Arkema S.A Sales by Business Segments; 2021 (Percentage, %)
Figure 69: Evonik Industries AG Total Sales by Business Divisions; 2021 (Percentage, %)
Figure 70: Honeywell International Inc. Net Sales by Operating Segments; 2021 (Percentage, %)
Figure 71: Daikin Industries Net Sales by Operating Segment; 2021 (Percentage, %)
Figure 72: LG Chem Ltd. Revenue by Segments; 2021 (Percentage,%)
Figure 73: Solvay S.A. Net Sales by Operating Segments; 2021 (Percentage, %)
Table 1: Global Polymeric Membrane Market Players : Key Comparison
Companies Mentioned
- Toray Industries, Inc.
- Nitto Denko Corporation (Hydranautics)
- Danaher Corporation (Pall Corporation)
- Parker Hannifin Corporation
- Pentair plc
- Alsys Group
- Membrane Technology & Research (MTR)
- Arkema S.A
- Evonik Industries AG
- Honeywell International Inc.
- Daikin Industries, Ltd
- Solvay S.A.
- LG Chem Ltd.
Methodology
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