The global reverse osmosis membrane market is primarily driven by growing freshwater demand across residential, commercial, industrial and municipal applications. Reverse osmosis utilizes a semipermeable membrane to remove ions, molecules and larger particles from drinking water and desalinates both brackish and sea water. Reverse osmosis provides clean and potable water at a lower cost than other purification techniques like distillation and offers operational and economic advantages over competing technologies.
The Global reverse osmosis membrane market is estimated to be valued at US$ 4.14 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the global reverse osmosis membrane market are Alfa Laval, Axeon, Dupont Water Solutions, Hydramem, Hydranautics, KeenSen, Koch Separation Solutions, Lenntech, LG Chem, Mann+Hummel Water Fluid Solutions, Membranium, Merck, Pall Water, Parker Hannifin Corporation, Suez Water Technologies Solutions, Toray Industries, Inc., Toyobo Co. Ltd., Lenntech, Hi-Tech, Samco Technologies, Inc , Nitto Denko Corporation.
The key opportunities in the market include rising application in desalination plants across Middle East and Asia Pacific and increasing R&D investment by membrane manufacturers to develop advanced nano-filtration and ultrafiltration membranes.
Globally, the demand for reverse osmosis membranes is increasing across Middle East, Asia Pacific and North America driven by rapid industrialization, growing population and water scarcity. Countries like China, India, Saudi Arabia and UAE are focusing on developing large desalination plants to meet rising freshwater demand.
Market drivers
The major driver for the Global Reverse Osmosis Membrane Market Demand is the growing freshwater demand from the residential, industrial and commercial sectors. According to UN projections, over 1.8 billion people will be living in geographical areas experiencing absolute water scarcity by 2025. This is compelling various industries and municipalities to increasingly adopt desalination plants powered by reverse osmosis technology to cater to the rising demand. Other key drivers include stringent regulations regarding wastewater discharge and treatment across several countries and low total costs with reverse osmosis membranes compared to thermal desalination technologies.
'
About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
