Filtration Membrane Industry Data Book - Spiral Membranes, Pleated Membranes and Hollow Fiber Membranes Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Database Overview

Grand View Research’s filtration membrane sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.

Filtration Membrane Industry Data Book Scope

Filtration Membrane Industry Data Book Coverage Snapshot

Filtration Membrane Sector Outlook

The economic value generated by the filtration membrane industry was estimated at approximately USD 20.84 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of filtration membranes distribution & supply, and application of filtration membranes.

Rising awareness about the importance of clean water, coupled with environmental restrictions on untreated wastewater discharge, is expected to fuel the demand for filtration membrane globally. Moreover, the growing use of filtration membranes in the pharmaceutical, medical, and food and beverage processing industries for efficient separation is further expected to fuel market growth.

The market demand is driven by the presence of emerging and developed countries, including China, the U.S., India, Japan, Germany, and Brazil. These countries account for the majority of the market revenue of more than 45% in the global filtration membrane market in 2022. Rapid industrialization and a growing population are some of the factors that are expected to drive the demand for filtration membrane in these countries. 

Spiral Membranes Market Analysis And Forecast

The market for spiral membrane is expected to grow at a CAGR of 12.1% over the forecast period. Spiral membrane is an effective solution to remove contaminants and impurities from the water, making it a preferable choice for water and wastewater treatment processes. Moreover, the growing use of filtration membrane for separation and purification processes in the pharmaceutical industry is further expected to escalate the market's demand.

China has dominated the spiral membranes market and accounted for a revenue share of 21.7% in 2022, followed by the U.S. and India. The market growth in these countries is attributed to the growing population and industrial expansion, which have increased the requirement for wastewater treatment. Moreover, various environmental regulations, coupled with government initiatives to improve water quality, are expected to fuel the demand for spiral membranes over the coming years.

Pleated Membranes Market Analysis And Forecast

Pleated membranes are considered the most effective filtration membrane for use in a wide range of applications, including vaccine purification, the production of drinking water, and the sterilization of natural gas to remove unwanted particles from the solution. These membranes are durable and can withstand harsh conditions, including high-temperature fluctuations, which reduces the requirement for maintenance and replacements. These factors are expected to increase the demand for pleated membranes in the coming years.

China and the U.S. have dominated the pleated membrane market and accounted for a combined revenue share of more than 34% in 2022. Factors such as high industrial growth, infrastructure investments, and environmental regulations, growing spending on research and development (R&D) to enhance the performance and application of pleated membranes are considered the major growth drivers in these countries.

Hollow Fiber Membranes Market Analysis And Forecast

The market for hollow fiber membrane was valued at USD 876.1 million in 2022, and it is expected to grow at the highest CAGR of 15.1% over the forecast period. The growth is attributed to its various characteristics, such as its high durability, high surface area, filtration rate, and higher sterilization, which ensures high purity levels and makes it the most common choice for pharmaceutical and medical applications.

China dominated the hollow fiber membranes market with a revenue share of 19.1% in 2022, followed by the U.S., India, and Japan. The growth can be attributed to the rising need for water treatment due to growing water scarcity as a result of growing population and industrialization. Hollow fiber membranes are an effective choice for water treatment and desalination, which makes them a critical solution for water filtration applications.

Competitive Insights

The global filtration membrane market is highly competitive, as it has a significant presence of local and international companies with prominent brand values. Some of the major players include DuPont; 3M; Donaldson Company, Inc.; TORAY INDUSTRIES, INC.; and Pall Corporation. These companies are focusing on forward integration by offering products directly to end-users across different industry verticals.

The major players are engaging in strategies such as high R&D investments to introduce membrane separation products with enhanced durability and higher flow rates. Manufacturers are developing application-based membrane filtration to address the specific requirements of the end-use industries. Some of the major manufacturers also have an extensive distribution network to connect with their customers across regions and gain a competitive advantage.