Global Hollow Fiber Membrane Market Size & Outlook
The hollow fiber membrane industry worldwide is expected to reach a projected revenue of US$ 2,702.5 million by 2030. A compound annual growth rate of 15.1% is expected of the worldwide hollow fiber membrane industry from 2023 to 2030.
Revenue, 2022 (US$M)
$876.0
Forecast, 2030 (US$M)
$2,702.5
CAGR, 2023 - 2030
15.1%
Report Coverage
Worldwide
Global hollow fiber membrane market, 2018-2030 (US$M)
Related Markets
Global hollow fiber membrane market highlights
- The global hollow fiber membrane market generated a revenue of USD 876.0 million in 2022 and is expected to reach USD 2,702.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 15.1% by 2030.
- In terms of segment, water & wastewater treatment accounted for a revenue of USD 395.5 million in 2022.
- Pharmaceutical & Medical is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 876.0 million |
| Market revenue in 2030 | USD 2,702.5 million |
| Growth rate | 15.1% (CAGR from 2022 to 2030) |
| Largest segment | Water & wastewater treatment |
| Fastest growing segment | Pharmaceutical & Medical |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water & Wastewater Treatment, Industry Processing, Food & Beverage Processing, Pharmaceutical & Medical |
Other key industry trends
- In terms of revenue, the North America accounted for 21.4% of the global hollow fiber membrane market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 46.8 million by 2030.
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Hollow Fiber Membrane Market Scope
Hollow fiber membrane market segmentation & scope
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Hollow Fiber Membrane Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global hollow fiber membrane market size, by region, 2018-2030 (US$M)
Top 10 countries: Hollow fiber membrane market size, 2022 (US$M)
Global hollow fiber membrane market share, by application, 2022 & 2030 (%, US$M)
Hollow fiber membrane market: Opportunity assessment by country
Global hollow fiber membrane market, by region, 2022 (US$M)
Related regional statistics
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