South Korea Spiral Membranes Market Size & Outlook
The spiral membranes market in South Korea is expected to reach a projected revenue of US$ 573.1 million by 2030. A compound annual growth rate of 12.2% is expected of South Korea spiral membranes market from 2023 to 2030.
Revenue, 2022 (US$M)
$228.5
Forecast, 2030 (US$M)
$573.1
CAGR, 2023 - 2030
12.2%
Report Coverage
South Korea
South Korea spiral membranes market, 2018-2030 (US$M)
Related Markets
South Korea spiral membranes market highlights
- The South Korea spiral membranes market generated a revenue of USD 228.5 million in 2022 and is expected to reach USD 573.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 12.2% from 2023 to 2030.
- In terms of segment, water & wastewater treatment was the largest revenue generating application in 2022.
- Pharmaceutical & Medical is the most lucrative application segment registering the fastest growth during the forecast period.
Spiral membranes market data book summary
| Market revenue in 2022 | USD 228.5 million |
| Market revenue in 2030 | USD 573.1 million |
| Growth rate | 12.2% (CAGR from 2022 to 2030) |
| Largest segment | Water & wastewater treatment |
| Fastest growing segment | Pharmaceutical & Medical |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water & Wastewater Treatment, Industry Processing, Food & Beverage Processing, Pharmaceutical & Medical |
| Key market players worldwide | DuPont de Nemours Inc, Toray Industries Inc, Nitto Denko Corp, LG Chem, Merck KGaA, Pentair PLC, Koch Industries, Danaher Corp, Alfa Laval AB, Applied Membranes, Aquabio, AXEON Water Technologies, Fileder Filter Systems, GEA Group AG |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.0% of the global spiral membranes market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China spiral membranes 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 1,353.9 million by 2030.
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Spiral Membranes Market Scope
Spiral membranes market segmentation & scope
Others
Spiral Membranes Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea spiral membranes market size, by application, 2018-2030 (US$M)
South Korea Spiral Membranes Market Outlook Share, 2022 & 2030 (US$M)
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