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Global Membrane Separation Market Worth USD 39.2 Billion in 2019 : PMR

Global Membrane Separation Market Worth USD 39.2 Billion in 2019 : PMR

New York City, New York, Dec 03, 2015: According to a recent market report published by Persistence Market Research, the global membrane separation market is estimated to grow healthily at a CAGR of 10.8% during the period between 2013 and 2019. The membrane separation market was worth US$19.0 billion in 2012. The report forecasts the overall market to reach a valuation of US$39.2 billion by 2019.

Membrane separation technology is widely used for water and wastewater treatment. Water quality is emerging as a global concern, as degradation of water quality will impact the social and economic landscape of the world.

It is estimated that about 50% of the world’s population will not have enough drinking water by 2050 owing to environmental pollution and rise in population. According to the United Nations’ World Water Development Report 2012, around 3.5 million deaths occur each year due to inadequate water supply, especially in developing economies.

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Membrane separation processes are mainly implemented to desalinate seawater, demineralize boiler feed water, and process groundwater, wastewater, and surface water. Membrane separation techniques are preferred over other conventional techniques due to their lesser use of chemicals and efficient use of energy in the process. The norms and regulations regarding drinking water quality set up by authorities such as the Environmental Protection Agency, and the World Health Organization have led to growing demand for membrane separation processes such as nano filtration, reverse osmosis, ultrafiltration, and microfiltration.

Worldwide industrial expansion has contributed significantly towards the pollution of water bodies. It is estimated that more than 80% of used water across the globe is not treated or collected. Various government initiatives such as the Clean Water Act in the U.S. to provide clean drinking water to the masses have boosted the global membrane separation market.

The oil and petroleum industries in the Gulf and European countries such as Germany and Italy have stressed on membrane separation technology, which has contributed towards the growth of the market. Membrane separation techniques are also used in the healthcare sector. Rising interest in water reuse and wastewater treatment to curb pollution has propelled the overall membrane separation market.

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However, membrane separation processes require high operational and installation costs, owing to the need for cleaning and maintenance of the tubular membranes and plate and frame membranes. Fouling on a membrane requires a combination of cleaning techniques. In developing economies, lack of funds has negatively impacted the membrane separation market and has led to the adoption of other low-cost water cleaning processes. Some of the low-cost alternatives used to treat drinking water are coagulation and flocculation, aeration, chemical disinfection, and solar disinfection. Desalination and disinfection systems powered by renewable energy are increasingly adopted in developing economies.

Chemical water treatments are perceived as an environmentally unclean technology with high associated disposal costs. A shift towards chemical-free water treatment processes in various industries has created new opportunities for the global membrane separation market.

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About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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