Global Membrane Market size was valued at USD 6.9 Billion in 2024 and is expected to reach USD 13.6 Billion by 2033, at a CAGR of 8.4% during the forecast period 2024 – 2033.
Membrane Market: Overview
A membrane is a thin, selective barrier that divides two distinct stages or compartments of a system, allowing certain chemicals to pass through while limiting others. Membranes are produced from a variety of materials, notably polymers, ceramics, and metallic substances, and they have a wide range of uses.
Increasing water shortages and pollution are pushing the use of membrane-based water purification methods like ultrafiltration and reverse osmosis to address the growing demand for clean water. The expanding biopharmaceutical and biotech sectors are driving up the need for membrane in drug manufacture, filtration, and purification operations.
Innovations in membrane materials and production techniques are improving membrane durability, reliability, and cost-effectiveness, propelling the industry forward. Furthermore, the growing emphasis on sustainable and environmental protection is driving companies to use membrane systems for the treatment of wastewater, recuperation of resources, and recycling.
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In addition, the rise of membrane technologies in emerging economies, as well as the development of novel applications such as membrane distillation and gas separation, are broadening the scope of the global membrane market. In general, these findings highlight the increased relevance of membranes in addressing critical challenges across various industries and applications worldwide.
By material, the polymeric segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Polymeric materials dominate the membrane industry because of their flexibility, durability, and affordability. These materials work well in a variety of applications, including purification of water, sewage treatment, and industry separations.
By technology, the reverse osmosis segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Reverse osmosis propels the membrane industry because of its effective water purification capabilities, which meet the growing need for clean drinking water in a variety of sectors and applications throughout the globe.
By application, the water and wastewater treatment segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Water and wastewater treatment are driving the membrane market owing to rising worldwide population, urbanization, and constraints on the environment, which require effective solutions for providing safe water, reuse, and pollution control.
CMI has comprehensively analyzed the Global Membrane market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Membrane industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Membrane Market:
- Dow Chemical
- Asahi Kasei Corporation
- BASF SE
- DuPont de Nemours Inc.
- LG Chem
- Toray Industries Inc.
- Suez Water Technologies and Solutions
- Koch Industries
- Merck Millipore
- Hydranautics
- Pentair plc
- Nitto Denko Corporation
- Pall Corporation
- Lanxess AG
- Sartorius AG
- GEA Group AG
- 3M Company
- Parker-Hannifin Corporation
- ALFA LAVAL
- Lenntech BV
- Others
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