Filtration Membrane Industry Data Book - Spiral Membranes, Pleated Membranes and Hollow Fiber Membranes Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030
The global Filtration Membrane Industry was valued at USD 20,849.3 million in 2022 and is anticipated to increase at a significant CAGR of 8.5% from 2023 to 2030.
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.
Spiral Membranes Market Insights
The global Spiral Membranes Market size was estimated at USD 7,659.5 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 12.1% from 2023 to 2030. 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.
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Pleated Membranes Market Insights
The global Pleated Membranes Market size was valued at USD 12,313.5 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2030. 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.
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Filtration Membrane Industry Data Book Competitive Landscape
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.
Key players operating in the Filtration Membrane Industry are:
- Synder Filtration, Inc.
- Cole-Parmer Instrument Company, LLC
- Berghof Membrane Technology GmbH (BMT)
- ALFA LAVAL
- DuPont
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