Ultrafiltration is a pressure driven filtration technology. It is defined by molecular weight cut-off (MWCO) of membrane used for filtration. Ultrafiltration is majorly applied in cross-flow or dead-end operation modes.
Rising demand for ultrafiltration in various end-use industries owing to stringent regulatory and sustainability policies concerning the environment is a factor expected to drive growth of the global ultrafiltration market over the forecast period.
However, high cost associated with manufacturing equipment is a factor expected to hamper growth of the global ultrafiltration market in the near future.
The global ultrafiltration market has been segmented on the basis of type, module, application, and region. On the basis of type, the global ultrafiltration market is segmented into polymeric and ceramic. Polymeric segment dominates the global market in terms of revenue and is expected to maintain its dominance over the forecast period, owing to its vast availability and cost-effectiveness when compared with other ultrafiltration. On the basis of module global ultrafiltration market is segmented into hollow fiber and others. Hollow fiber segment dominates the global market in terms of revenue and is expected to maintain its dominance over the forecast period, owing to its high throughput and ease of cleanliness when compared with other ultrafiltration. On the basis of application, the target market is segmented into municipal treatment and industrial treatment. Segment Industrial treatment is further sub segmented into food and beverage processing, chemical and petrochemical processing, and pharmaceutical processing.
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Based upon region global ultrafiltration market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The market in Asia Pacific is estimated to be highest share in terms of revenue, owing to rising awareness of water and wastewater treatment coupled with the rising scarcity of fresh water in the region. The markets in North America is expected to register significant growth in terms of revenue, owing to increasing use of selective separation technology in the region over the forecast period.
Key players operating in the global ultrafiltration market include DowDuPont Inc., Hyflux Ltd., Inge GmbH, Toray Industries, Inc., GE Water & Process Technologies, Hydranautics, and Pentair plc.