Market revenue in 2021 | USD 4,134.1 million |
Market revenue in 2030 | USD 9,803.3 million |
Growth rate | 10.1% (CAGR from 2021 to 2030) |
Largest segment | Reverse osmosis |
Fastest growing segment | Ultrafiltration |
Historical data covered | 2018 - 2020 |
Base year for estimation | 2021 |
Forecast period covered | 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 |
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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 37.47% in 2021. Horizon Databook has segmented the North America membrane separation technology market based on reverse osmosis, microfiltration, ultrafiltration, nanofiltration covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for ultrafiltration in North America is expected to witness growth at a rate of 10.3% over the forecast period owing to stringent norms and industrial laws governing water filtration performance & standards established by the EPA.
Strict government regulations to control wastewater disposal from municipal and industrial sources are expected to augment the market growth. In addition, the growing oil & gas industry and increasing product demand from power generation industries in countries such as the U.S. and Canada are expected to promote water filtration activities, thus, driving the growth of the membrane separation technology market.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America membrane separation technology market , including forecasts for subscribers. This continent databook contains high-level insights into North America membrane separation technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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