Australia Membrane Separation Technology Market Size & Outlook
Australia membrane separation technology market, 2018-2030 (US$M)
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Australia membrane separation technology market highlights
- The Australia membrane separation technology market generated a revenue of USD 301.1 million in 2021 and is expected to reach USD 751.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.7% 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 technology market data book summary
| Market revenue in 2021 | USD 301.1 million |
| Market revenue in 2030 | USD 751.6 million |
| Growth rate | 10.7% (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 | SUEZ Environnement, Merck KGaA, Toray Industries Inc, Pentair PLC, Nitto Denko Corp, GEA Group AG, Hyflux Ltd, Koch Industries, Corning Inc, Danaher Corp, 3M Co, Asahi Kasei Corp, DuPont de Nemours Inc, AXEON Water Technologies |
Other key industry trends
- In terms of revenue, Australia accounted for 1.4% of the global membrane separation technology 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 technology 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 Technology Market Scope
Membrane Separation Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia membrane separation technology 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 technology market will help companies and investors design strategic landscapes.
Reverse osmosis was the largest segment with a revenue share of 46.2% in 2021. Horizon Databook has segmented the Australia membrane separation technology market based on reverse osmosis, microfiltration, ultrafiltration, nanofiltration covering the revenue growth of each sub-segment from 2018 to 2030.
Food & beverage is one of the major industries contributing to the economic development of the country and is driven by the growing consumer demand. According to government estimates, there are about 2,468 wineries in Australia. Thus, the growing utilization of membrane separation technology in the clarification of wine is expected to have a positive impact on market growth.
Southern Australia witnessed a prolonged period of drought from 1996 to 2010, known as the ‘Millennium Drought’. Furthermore, changing climatic conditions have led to a drastic decrease in the overall rainfall in the region.
To overcome the severe water shortage conditions, major urban centers across Australia including Perth, Melbourne, and Sydney are making considerable investment in seawater reverse osmosis (SWRO) plants, thereby, driving the demand for membrane separation technology.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia membrane separation technology market , including forecasts for subscribers. This country databook contains high-level insights into Australia membrane separation technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia membrane separation technology market size, by technology, 2018-2030 (US$M)
Australia Membrane Separation Technology Market Outlook Share, 2021 & 2030 (US$M)
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