South Korea Membrane Separation Market Size & Outlook
South Korea membrane separation market, 2018-2030 (US$M)
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South Korea membrane separation market highlights
- The South Korea membrane separation market generated a revenue of USD 606.6 million in 2021 and is expected to reach USD 1,691.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 12.1% from 2022 to 2030.
- In terms of segment, reverse osmosis was the largest revenue generating technology in 2021.
- Ultrafiltration is the most lucrative technology segment registering the fastest growth during the forecast period.
Membrane separation market data book summary
| Market revenue in 2021 | USD 606.6 million |
| Market revenue in 2030 | USD 1,691.4 million |
| Growth rate | 12.1% (CAGR from 2021 to 2030) |
| Largest segment | Reverse osmosis |
| Fastest growing segment | Ultrafiltration |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reverse Osmosis, Microfiltration, Ultrafiltration, Nanofiltration |
| Key market players worldwide | 3M Co, Suedzucker AG, Dow Inc, Xylem Inc, GEA Group AG, Merck & Co Inc, Nitto Denko Corp, Veolia Environnement SA, Koch Industries, Danaher Corp |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global membrane separation market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China membrane separation 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 3,995.9 million by 2030.
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Membrane Separation Market Scope
Membrane Separation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea membrane separation 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 membrane separation market will help companies and investors design strategic landscapes.
Reverse osmosis was the largest segment with a revenue share of 34.08% in 2021. Horizon Databook has segmented the South Korea membrane separation market based on reverse osmosis, microfiltration, ultrafiltration, nanofiltration covering the revenue growth of each sub-segment from 2018 to 2030.
Since the 1980s, South Korea has been increasingly implementing stringent environmental policies and laws in response to the rising levels of environmental pollution caused due to rapid industrial growth.
The Basic Environmental Policy Act of 1990 has served as the basis for all the subsequent environmental laws enacted in the country. The country has passed multiple legislation related to the treatment and disposal of municipal and industrial wastewater discharge.
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Our clientele includes a mix of membrane separation 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 membrane separation market , including forecasts for subscribers. This country databook contains high-level insights into South Korea membrane separation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea membrane separation market size, by technology, 2018-2030 (US$M)
South Korea Membrane Separation Market Outlook Share, 2021 & 2030 (US$M)
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