South Korea Hollow Fiber Filtration Market Size & Outlook

The hollow fiber filtration market in South Korea is expected to reach a projected revenue of US$ 45.9 million by 2030. A compound annual growth rate of 15.5% is expected of South Korea hollow fiber filtration market from 2024 to 2030.
Revenue, 2023 (US$M)
$16.7
Forecast, 2030 (US$M)
$45.9
CAGR, 2024 - 2030
15.5%
Report Coverage
South Korea

South Korea hollow fiber filtration market, 2018-2030 (US$M)

South

South Korea hollow fiber filtration market highlights

  • The South Korea hollow fiber filtration market generated a revenue of USD 16.7 million in 2023 and is expected to reach USD 45.9 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 15.5% 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 2023USD 16.7 million
Market revenue in 2030USD 45.9 million
Growth rate15.5% (CAGR from 2023 to 2030)
Largest segmentPolyethersulfone (pes)
Fastest growing segmentPolyethersulfone (PES)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolysulfone (PS), Mixed Cellulose Ester, Polyvinylidene Difluoride (PVDF), Polyethersulfone (PES)
Key market players worldwideSartorius 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 Korea accounted for 2.4% 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 Asia Pacific, China hollow fiber filtration market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 65.5 million by 2030.

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Hollow Fiber Filtration Market Companies

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South Korea 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 34.73% in 2023. Horizon Databook has segmented the South Korea 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 Korea's biopharmaceutical industry has been at the forefront of developing and utilizing this technology for various applications. Cell therapy is a rapidly growing field in the South Korean biopharmaceutical industry.

Which involves the use of living cells to treat diseases. In South Korea, the government has been actively promoting the development of the biopharmaceutical industry, investing in research and development, and creating favorable policies to support the growth of the sector.

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  • Our clientele includes a mix of hollow fiber filtration market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea hollow fiber filtration market , including forecasts for subscribers. This country databook contains high-level insights into South Korea hollow fiber filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea hollow fiber filtration market size, by membrane material, 2018-2030 (US$M)

South Korea Hollow Fiber Filtration Market Outlook Share, 2023 & 2030 (US$M)

South Korea hollow fiber filtration market size, by membrane material, 2018-2030 (US$M)

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