Saudi Arabia Hollow Fiber Filtration Market Size & Outlook
Saudi Arabia hollow fiber filtration market, 2018-2030 (US$M)
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Saudi Arabia hollow fiber filtration market highlights
- The Saudi Arabia hollow fiber filtration market generated a revenue of USD 8.8 million in 2023 and is expected to reach USD 19.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 11.6% 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.
Hollow fiber filtration market data book summary
| Market revenue in 2023 | USD 8.8 million |
| Market revenue in 2030 | USD 19.0 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Polyethersulfone (pes) |
| Fastest growing segment | Polyethersulfone (PES) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Saudi Arabia accounted for 1.3% of the global hollow fiber filtration market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa hollow fiber filtration market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 28.7 million by 2030.
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Hollow Fiber Filtration Market Scope
Hollow Fiber Filtration Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 36.36% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
Over the forecast period, the Saudi Arabian hollow fiber filtration market is expected to grow significantly. Saudi Arabia is investing in biotechnology and aiming to become a vaccination hub.
The Saudi Arabian Minister of Industry and Mineral Resources, as chairman of the biopharmaceutical industry committee, announced the launch of several USD 3.4 billion investment opportunities in vital medicine and vaccines to accomplish the Kingdom's pharmaceutical and health security objectives.
Moreover, the Minister emphasized that the targeted pharmaceutical industries in general, worth more than USD 5 billion, will be executed in stages.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia hollow fiber filtration market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia hollow fiber filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia hollow fiber filtration market size, by membrane material, 2018-2030 (US$M)
Saudi Arabia Hollow Fiber Filtration Market Outlook Share, 2023 & 2030 (US$M)
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