Membrane separation is a technology used for separation of foreign particles of diameter 0.1nm to 1mm from liquid or gas through a semipermeable membrane, which has minute pores. Increasing adoption of membrane separation technology from water treatment plants is a major factor fueling growth of the membrane separation market. In addition, rising demand for membrane separation technology from other industries such as pharmaceutical, petrochemicals, etc. is another factor driving growth of the global market.
The global membrane separation market is segmented on the basis of technology, application, and region. On the basis of technology, the global market is segmented into reverse osmosis, ultrafiltration, microfiltration, and nanofiltration. The reverse osmosis segment is expected to witness highest growth in terms of revenue over the forecast period.
On the basis of application, the global market is segmented into waste water treatment, food & beverage, pharmaceutical, and industry processing. The waste water treatment segment accounts for highest revenue share and is expected to witness highest growth in terms of revenue in the global market over the forecast period.
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On the basis of region, the global membrane separation market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to witness highest growth in terms of revenue during the forecast period. The Europe market is expected to witness significant growth in the global market over the forecast period. The North America membrane separation market is expected to witness moderate growth during the forecast period, followed by Middle East market.
Key players in the global membrane separation market are Merck KGaA, The Dow Chemical Company, Koch Membranes Systems, Inc., Pall Corporation, 3M Company, Toray Industries, Inc., Nitto Denko Corporation (Hydranautics), Pentair PLC, Asahi Kasei Corporation, and GE Water & Process Technologies.