Global Pleated Membrane Market Size & Outlook, 2022-2030
The pleated membrane industry worldwide is expected to reach a projected revenue of US$ 18,359.7 million by 2030. A compound annual growth rate of 5.1% is expected of the worldwide pleated membrane industry from 2023 to 2030.
Revenue, 2022 (US$M)
$12,313.7
Forecast, 2030 (US$M)
$18,359.7
CAGR, 2023 - 2030
5.1%
Report Coverage
Worldwide
Global pleated membrane market, 2018-2030 (US$M)
Related Markets
Global pleated membrane market highlights
- The global pleated membrane market generated a revenue of USD 12,313.7 million in 2022 and is expected to reach USD 18,359.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.1% by 2030.
- In terms of segment, water & wastewater treatment accounted for a revenue of USD 5,560.9 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 12,313.7 million |
| Market revenue in 2030 | USD 18,359.7 million |
| Growth rate | 5.1% (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 pleated 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 318.4 million by 2030.
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Pleated Membrane Market Scope
Pleated membrane market segmentation & scope
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Pleated Membrane Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pleated membrane market size, by region, 2018-2030 (US$M)
Top 10 countries: Pleated membrane market size, 2022 (US$M)
Global pleated membrane market share, by application, 2022 & 2030 (%, US$M)
Pleated membrane market: Opportunity assessment by country
Global pleated membrane market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 867.1 | 901.3 | 937.0 | 973.1 | 1,010.0 | 1,047.5 | 1,085.5 | 1,124.0 | 1,163.3 | 1,202.8 | 1,246.8 | 1,292.1 | 1,339.8 | 3.8% |
| Europe | 2,575.9 | 2,639.5 | 2,702.9 | 2,768.3 | 2,836.1 | 2,906.6 | 2,980.1 | 3,056.8 | 3,136.5 | 3,219.8 | 3,304.7 | 3,392.5 | 3,483.1 | 2.9% |
| North America | 2,319.4 | 2,392.7 | 2,469.0 | 2,547.8 | 2,629.8 | 2,715.0 | 2,803.9 | 2,896.6 | 2,993.2 | 3,094.1 | 3,200.5 | 3,312.0 | 3,428.7 | 3.5% |
| MEA | 827.2 | 879.3 | 937.3 | 999.9 | 1,067.6 | 1,139.5 | 1,216.2 | 1,297.9 | 1,384.9 | 1,477.2 | 1,571.7 | 1,671.0 | 1,774.6 | 5.6% |
| Asia Pacific | 3,672.9 | 3,917.0 | 4,180.1 | 4,463.9 | 4,770.2 | 5,101.4 | 5,459.3 | 5,846.8 | 6,266.9 | 6,722.0 | 7,215.7 | 7,751.6 | 8,333.5 | 7.4% |
| Overall | 10,262.5 | 10,729.8 | 11,226.3 | 11,753.0 | 12,313.7 | 12,910.0 | 13,545.0 | 14,222.1 | 14,944.8 | 15,715.9 | 16,539.4 | 17,419.2 | 18,359.7 | 5.1% |
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