SAN FRANCISCO, Oct. 5, 2020 /PRNewswire/ -- The global spiral membrane market size is expected to reach USD 13.3 billion by 2027 registering a CAGR of 10.9%, according to a new report by Grand View Research, Inc. Rising demand for spiral membranes in wastewater treatment application is likely to boost the market growth over the forecast period. Growing environmental restrictions on the discharge of untreated wastewater from the municipal and industrial sources have resulted in the growth of the global market for spiral membranes over the past few years.
Key suggestions from the report:
- Polyamide accounted for the largest market share of over 41% in 2019 and is projected to expand further at a steady CAGR from 2020 to 2027 owing to easy availability and low cost of these polymers
- Reverse osmosis was the largest technology segment in 2019 and accounted for more than 40% of the global market share. The segment is estimated to retain its leading position throughout the forecast period as reverse osmosis technology exhibits a considerably higher recovery rate than the traditional thermal desalination processes
- The water & wastewater treatment end-use segment is projected to account for the maximum revenue share by 2027
- Growing focus on maximizing the recycling of municipal and industrial wastewater discharge is likely to benefit the segment growth
- Asia Pacific is projected to be the fastest-growing regional market from 2020 to 2027 owing to the rapid industrialization
- China led the APAC regional market in 2019 and is estimated to register a CAGR of 13.2% from 2020 to 2027 mainly due to the implementation of stringent regulations regarding environmental safety.
Read 120 page research report with ToC on "Spiral Membranes Market Size, Share & Trends Analysis Report By Polymer Type (Polyamide, Fluoropolymers), By Technology (Reverse Osmosis, Ultrafiltration), By End-use, By Region, And Segment Forecasts, 2020 - 2027'' at: https://www.grandviewresearch.com/industry-analysis/spiral-membrane-market
The growing adoption of reverse osmosis technology has also contributed to the market development. The market is influenced by several regulatory and technology trends, which play a critical role in driving industry growth. Rising demand due to the scarcity of quality drinking water is anticipated to benefit the industry growth. In addition, the growing population has accelerated the depletion of water resources coupled with the contamination of ground and surface water bodies, which has encouraged the adoption of water treatment processes.
Grand View Research has segmented the global spiral membranes market on the basis of polymer type, technology, end-use, and region:
- Spiral Membrane Polymer Type Outlook (Revenue, USD Million, 2016 - 2027)
- Polyamide
- PS & PES
- Fluoropolymers
- Others
- Spiral Membrane Technology Outlook (Revenue, USD Million, 2016 - 2027)
- Reverse Osmosis
- Microfiltration
- Ultrafiltration
- Nanofiltration
- Spiral Membrane End-use Outlook (Revenue, USD Million, 2016 - 2027)
- Water & Wastewater Treatment
- Industry Processing
- Food & Beverage Processing
- Pharmaceutical & Medical
- Others
- Spiral Membrane Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Spain
- Italy
- Russia
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
List of Key Players of Spiral Membranes Market
- DowDuPont Inc.
- Toray Industries, Inc.
- Hydranautics
- LG Water Solutions
- SUEZ Water Technologies and Solutions
- Merck Group
- Pentair plc
- Koch Membrane Systems
- Pall Corporation
- Alfa Laval
- Applied Membranes
- Aquabio
- Axeon Water Technologies
- Fileder
- GEA Group
Find more research reports on Advanced Interior Materials Industry, by Grand View Research:
- Geosynthetics Market – Global geosynthetics market size was valued at USD 13.96 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2020 to 2027.
- Membrane Separation Technology Market – Global membrane separation technology market size was estimated at USD 17.9 billion in 2019 and is expected to register a CAGR of 11.7 % from 2020 to 2027.
- Membrane Technology Market – Global membrane technology market is expected to witness growth over the forecast period on account of increasing applications in food & beverage technology, biotechnology, and pharmaceutical industries.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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