Middle East & Africa Hollow Fiber Filtration Market Size & Outlook
Middle East & Africa hollow fiber filtration market, 2018-2030 (US$M)
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MEA hollow fiber filtration market highlights
- The MEA hollow fiber filtration market generated a revenue of USD 36.9 million in 2023.
- The market is expected to grow at a CAGR of 12.3% from 2024 to 2030.
- In terms of segment, polyethersulfone (pes) was the largest revenue generating membrane material in 2023.
- Polyethersulfone (PES) is the most lucrative membrane material segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 36.9 million |
| Market revenue in 2030 | USD 83.4 million |
| Growth rate | 12.3% (CAGR from 2023 to 2030) |
| Largest segment | Polyethersulfone (pes) |
| Fastest growing segment | Polyethersulfone (PES) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polysulfone (PS), Mixed Cellulose Ester, Polyvinylidene Difluoride (PVDF), Polyethersulfone (PES) |
| Key market players worldwide | Sartorius AG, Repligen Corp, Danaher Corp, Merck KGaA, Asahi Kasei Corp, Parker Hannifin Corp, Cole-Parmer, Sterlite Technologies Ltd DR, Synder Filtration, Meissner |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.4% of the global hollow fiber filtration market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 396.4 million by 2030.
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Hollow Fiber Filtration Market Scope
Hollow Fiber Filtration Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa hollow fiber filtration market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hollow fiber filtration market will help companies and investors design strategic landscapes.
Polyethersulfone (pes) was the largest segment with a revenue share of 36.59% in 2023. Horizon Databook has segmented the Middle East & Africa hollow fiber filtration market based on polysulfone (ps), mixed cellulose ester, polyvinylidene difluoride (pvdf), polyethersulfone (pes) covering the revenue growth of each sub-segment from 2018 to 2030.
MEA’s pharmaceutical industry is rapidly growing, playing a crucial role in providing quality healthcare services to patients. Growing population, improvements in pharmaceutical infrastructure, rising focus on local market players, and increasing prevalence of chronic diseases are contributing to the growth of the local pharmaceutical manufacturing industry in MEA. The local companies are majorly focusing on generic drugs to provide more affordable and accessible drugs.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa hollow fiber filtration market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa hollow fiber filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA hollow fiber filtration market size, by country, 2018-2030 (US$M)
Middle East & Africa Hollow Fiber Filtration Market Outlook Share, 2023 & 2030 (US$M)
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