Membrane Separation Market To Reach $62.4 Billion By 2030

Membrane Separation Market Growth & Trends

The global membrane separation market size is expected to reach USD 62.4 billion by 2030, registering a CAGR of 12.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. This can be attributed to factors including growing environmental concerns and government regulations pertaining to water and waste-water treatment. High investments in industrial equipment on account of increasing manufacturing activities are expected to favorably impact market growth over the forecast period. Membrane separation systems help industries re-use waste-water and reduce water footprint. Increased R&D activities and development of membrane separation processes and applications such as hybrid forward osmosis and forward osmosis for water desalination are expected to positively impact market growth over the next few years. Lack of sufficient funds in developing countries along with high operational and installation costs may hamper market growth.

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Membrane Separation Market Report Highlights

• The reverse osmosis technology segment accounted for a 42.0% revenue share in 2023. The growth of this segment can be attributed to stringent governmental regulations addressing global issues such as water scarcity and continuous innovation in membrane technology that has reduced operational costs and improved efficiency.

• The water & wastewater treatment application segment dominated the market in 2023. Growing environmental concerns coupled with stringent regulations related to water and waste-water treatment are expected to drive market growth.

• Europe membrane separation market held a 19.7% market share in 2023. Growth across the industrial sector is expected to positively impact the regional market over the next six years. Asia Pacific is expected to witness high growth over the forecast period, which can be attributed to increasing manufacturing activities and stringent regulations related to water and waste-water treatment.

Membrane Separation Market Segmentation

Grand View Research has segmented the global membrane separation market based on technology, application, region:

Membrane Separation Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Reverse Osmosis

• Microfiltration

• Ultrafiltration

• Nanofiltration

Membrane Separation Application Outlook (Revenue, USD Million, 2018 - 2030)

• Water & Wastewater Treatment

• Industry Processing

• Food & Beverage Processing

• Pharmaceutical & Medical

• Others

Membrane Separation Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • Saudi Arabia

  • South Africa

List Of Key Players in the Membrane Separation Market

• 3M

• Air Products and Chemicals, Inc.

• applied membranes, inc.

• Dow

• Evoqua Water Technologies LLC

• GEA Group Aktiengesellschaft

• H2O Innovation.

• Lenntech B.V.

• Merck KGaA

• Nitto Denko Corporation

• PCI Membranes.

• ProMinent GmbH

• Sanborn Technologies

• spi-engineering.com

• SPX Flow Technology

• UBE Corporation

• Veolia