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Microfiltration Membrane Market by Material Type, by Filtration Technology, by Application, by Process, by Configuration, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023

Microfiltration Membrane Market by Material Type, by Filtration Technology, by Application, by Process, by Configuration, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023

  • August 2018
  • 467 pages
  • ID: 5586775
  • Format: PDF
  • By Prescient & Strategic Intelligence Private Limited

Summary

Table of Contents

Microfiltration Membrane Market by Material Type (PES, PP, PVDF, PTFE, PEEK, Polyimide, Cellulose), by Filtration Technology (Dead-End Filtration, Cross-Flow Filtration), by Application (Semiconductor & Electronic, Oil & Gas, Dairy, Food & Beverage, Pharmaceutical, Biotechnology, Industrial Wastewater Treatment), by Process (Membrane Bioreactor), by Configuration (Tubular, Hollow Fiber, Flat Sheet), by Geography (U.S., Canada, Germany, France, U.K., China, Japan, India, Vietnam, South Korea, Brazil, Mexico, Saudi Arabia, South Africa) - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023

Global microfiltration membrane market is projected to reach $4,039.3 million by 2023, the market is majorly driven by the growth in the pharmaceutical industry and the increasing demand for microfiltration technologies in the food and beverage industry.

Based on material type, the microfiltration membrane market has been categorized into polyethersulfone (PES), polypropylene (PP), polyvinylidene fluoride (PVDF), polytetrafluoroethylene (PTFE), polyether ether ketone (PEEK), polyimide, cellulose, and others, where the “others” category includes polyacrylonitrile and polyethylene. During the forecast period, the market is expected to witness the fastest growth in demand for PES membranes, with 9.4% CAGR in terms of value. PES offers high mechanical strength coupled with high impact and chemical resistance. Membranes made of PES have pore uniformity and offer high purification rate. These properties of PES membranes make them a preferred choice for various applications.

On the basis of filtration technology, the microfiltration membrane market has been categorized into dead-end filtration and cross-flow filtration. Cross-flow filtration technology accounted for a larger volume share, of more than 55.0%, in the market in 2017. This can be attributed to the growth in the pharmaceutical industry, rise in the adoption of single-use technologies, and advantages of cross-flow filtration over dead-end filtration, such as higher flow and purification rates.

The microfiltration membrane market has also been categorized into semiconductor and electronic, oil and gas, dairy, food and beverage, pharmaceutical, biotechnology, industrial wastewater treatment, and other applications. The “others” category includes solvent recovery, and metal and catalyst recovery. The fastest growth in the market during the forecast period is expected in pharmaceutical application.

Pharmaceutical is one of the largest application areas of microfiltration membranes, and the industry is expected to continue witnessing growth in the coming years. Witnessing the industry’s potential, leading pharmaceutical companies are investing heavily in R&D to yield better returns. Membranes used in the pharmaceutical industry, such as PES, PP, and PVDF, offer excellent retention characteristic, low protein binding, and high flow rate, which make them suitable for the filtration of products such as preservatives and proteins, thus driving the microfiltration membrane market growth for the application.

APAC was the largest market for microfiltration membranes during the historical period, accounting for more than 30.0% revenue in 2017. The demand for clean water in countries such as India and China has increased at a rapid pace in recent years, creating the need for wastewater management in the form of recycling. Industrial wastewater recycling involving the use of cross-flow and dead-end filtration technologies is extensively being carried out in the region to make the water fit for reuse. Thus, continuous R&D and investments in industrial wastewater treatment in APAC have opened up new avenues for water treatment technology development and adoption, further driving the microfiltration membrane market growth in the region.

Growing demand for microfiltration technology in emerging economies is expected to serve as a lucrative opportunity for market players
Continuous developments in various industries in emerging economies are expected to create ample growth opportunities for the players in the microfiltration membrane market. In densely populated countries such as India and China, the demand for purified water is on the rise, which, in turn, is creating the need for microfiltration technologies for purification applications. This has propelled governmental organizations in these countries to expand their water treatment plant capacities in order to cater to the growing demand for clean water. For instance, in September 2016, Commitment, Reliability, Innovation (C.R.I.) launched a 1,080-horse power pump for sewage and wastewater treatment in India.

Some of the major players operating in the global microfiltration membrane market are Asahi Kasei Corporation, Culligan International Company, Applied Membranes Inc., Alfa Laval AB, Graver Technologies LLC, Mar

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