South Africa Hollow Fiber Filtration Market Size & Outlook
South Africa hollow fiber filtration market, 2018-2030 (US$M)
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South Africa hollow fiber filtration market highlights
- The South Africa hollow fiber filtration market generated a revenue of USD 11.0 million in 2023 and is expected to reach USD 28.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 14.7% 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 11.0 million |
| Market revenue in 2030 | USD 28.7 million |
| Growth rate | 14.7% (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, South Africa accounted for 1.6% 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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South 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 36.36% in 2023. Horizon Databook has segmented the South 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.
South Africa's hollow fiber filtration market is expected to grow at a significant pace over the forecast period. South Africa remains the largest pharmaceutical market in MEA. Prescription drug spending, comprising patented and generic drug spending, dominates South Africa's pharmaceutical sector
Accounting for approximately 88% of total market revenue. In January 2022, South Africa’s government opened a new manufacturing plant for vaccines in Cape Town. This initiative was undertaken to manufacture 1 billion COVID-19 doses.
Along with establishing facilities for advanced biologics in sub-Saharan Africa. South Africa imports nearly 99% of the vaccines in the continent, however, the rise in the demand for the COVID-19 vaccine has demanded more vaccine manufacturing capacity plants.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa hollow fiber filtration market , including forecasts for subscribers. This country databook contains high-level insights into South Africa hollow fiber filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa hollow fiber filtration market size, by membrane material, 2018-2030 (US$M)
South Africa Hollow Fiber Filtration Market Outlook Share, 2023 & 2030 (US$M)
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