Saudi Arabia Hollow Fiber Membrane Market Size & Outlook
The hollow fiber membrane market in Saudi Arabia is expected to reach a projected revenue of US$ 80.7 million by 2030. A compound annual growth rate of 17.2% is expected of Saudi Arabia hollow fiber membrane market from 2023 to 2030.
Revenue, 2022 (US$M)
$22.6
Forecast, 2030 (US$M)
$80.7
CAGR, 2023 - 2030
17.2%
Report Coverage
Saudi Arabia
Saudi Arabia hollow fiber membrane market, 2018-2030 (US$M)
Related Markets
Saudi Arabia hollow fiber membrane market highlights
- The Saudi Arabia hollow fiber membrane market generated a revenue of USD 22.6 million in 2022 and is expected to reach USD 80.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 17.2% from 2023 to 2030.
- In terms of segment, water & wastewater treatment was the largest revenue generating application in 2022.
- Water & Wastewater Treatment is the most lucrative application segment registering the fastest growth during the forecast period.
Hollow fiber membrane market data book summary
| Market revenue in 2022 | USD 22.6 million |
| Market revenue in 2030 | USD 80.7 million |
| Growth rate | 17.2% (CAGR from 2022 to 2030) |
| Largest segment | Water & wastewater treatment |
| Fastest growing segment | Water & Wastewater Treatment |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water & Wastewater Treatment, Industry Processing, Food & Beverage Processing, Pharmaceutical & Medical |
| Key market players worldwide | Sartorius AG, Repligen Corp, Danaher Corp, Merck KGaA, Asahi Kasei Corp, Parker Hannifin Corp, Cole-Parmer, Sterlitech Corporation, Synder Filtration, Meissner |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.6% of the global hollow fiber membrane market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia hollow fiber membrane market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 80.7 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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Saudi Arabia hollow fiber membrane market size, by application, 2018-2030 (US$M)
Saudi Arabia Hollow Fiber Membrane Market Outlook Share, 2022 & 2030 (US$M)
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