U.S. Hollow Fiber Filtration Market Size & Outlook
U.S. hollow fiber filtration market, 2018-2030 (US$M)
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U.S. hollow fiber filtration market highlights
- The U.S. hollow fiber filtration market generated a revenue of USD 250.9 million in 2023 and is expected to reach USD 633.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 14.1% 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 250.9 million |
| Market revenue in 2030 | USD 633.1 million |
| Growth rate | 14.1% (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, U.S. accounted for 36.4% 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 North America, U.S. hollow fiber filtration market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 57.1 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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U.S. 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 35.03% in 2023. Horizon Databook has segmented the U.S. 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.
The U.S. leads the hollow fiber filtration market due to continuously increasing use of filtration technology for biopharmaceutical production in the country. One of the major factors associated with continued dominance of the U.S. is the presence of a well-established R&D infrastructure and favorable regulatory landscape.
Which is rapidly evolving to adapt to the ongoing research progress in this sector. Furthermore, investments by the government and market players in filtration technologies are growing. For instance, in October 2021, Veolia expanded its pilot testing of hollow fiber nanofiltration membranes.
Nanofiltration membranes created by NX Filtration were evaluated in two new pilot programs for the treatment of surface water and the reuse of effluent from a municipal wastewater treatment plant. Similarly.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. hollow fiber filtration market , including forecasts for subscribers. This country databook contains high-level insights into U.S. hollow fiber filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. hollow fiber filtration market size, by membrane material, 2018-2030 (US$M)
U.S. Hollow Fiber Filtration Market Outlook Share, 2023 & 2030 (US$M)
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