Global Spiral Membranes Market Size & Outlook, 2022-2030
The spiral membranes industry worldwide is expected to reach a projected revenue of US$ 19,047.5 million by 2030. A compound annual growth rate of 12.1% is expected of the worldwide spiral membranes industry from 2023 to 2030.
Revenue, 2022 (US$M)
$7,659.4
Forecast, 2030 (US$M)
$19,047.5
CAGR, 2023 - 2030
12.1%
Report Coverage
Worldwide
Global spiral membranes market, 2018-2030 (US$M)
Related Markets
Global spiral membranes market highlights
- The global spiral membranes market generated a revenue of USD 7,659.4 million in 2022 and is expected to reach USD 19,047.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 12.1% by 2030.
- In terms of segment, water & wastewater treatment accounted for a revenue of USD 3,459.2 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 7,659.4 million |
| Market revenue in 2030 | USD 19,047.5 million |
| Growth rate | 12.1% (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 spiral membranes 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 330.3 million by 2030.
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Spiral Membranes Market Scope
Spiral membranes market segmentation & scope
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Spiral Membranes Market Companies
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Global spiral membranes market size, by region, 2018-2030 (US$M)
Top 10 countries: Spiral membranes market size, 2022 (US$M)
Global spiral membranes market share, by application, 2022 & 2030 (%, US$M)
Spiral membranes market: Opportunity assessment by country
Global spiral membranes market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 447.1 | 489.8 | 521.2 | 571.8 | 628.2 | 691.0 | 761.1 | 839.2 | 925.5 | 1,021.0 | 1,130.5 | 1,252.6 | 1,390.0 | 10.6% |
| Europe | 1,328.1 | 1,434.4 | 1,503.5 | 1,626.7 | 1,764.1 | 1,917.7 | 2,089.4 | 2,281.9 | 2,495.7 | 2,733.4 | 2,996.5 | 3,288.8 | 3,613.5 | 9.7% |
| North America | 1,195.7 | 1,300.2 | 1,373.4 | 1,497.1 | 1,635.8 | 1,791.2 | 1,966.0 | 2,162.3 | 2,381.7 | 2,626.6 | 2,902.1 | 3,210.7 | 3,557.2 | 10.4% |
| MEA | 426.4 | 477.8 | 521.3 | 587.7 | 664.0 | 751.9 | 852.8 | 969.1 | 1,101.9 | 1,254.3 | 1,425.1 | 1,619.8 | 1,841.0 | 12.6% |
| Asia Pacific | 1,893.7 | 2,128.6 | 2,325.3 | 2,623.3 | 2,967.3 | 3,365.6 | 3,827.8 | 4,364.9 | 4,986.5 | 5,706.8 | 6,542.8 | 7,514.4 | 8,645.8 | 14.5% |
| Overall | 5,291.0 | 5,830.8 | 6,244.7 | 6,906.6 | 7,659.4 | 8,517.4 | 9,497.1 | 10,617.4 | 11,891.3 | 13,342.1 | 14,997.0 | 16,886.3 | 19,047.5 | 12.1% |
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