DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Membranes Market by Type, Technology, Application, Region - Global Forecast to 2021" report to their offering.
The global membranes market is projected to reach USD 11.95 billion by 2021, at a CAGR of 10.3%
Stringent environmental regulations and standards for drinking water and industrial wastewater treatment along with desalination process are expected to increase the membranes market demand. The major restraint for the market is the requirement of high capital which makes it difficult for new players to enter the market.
Ceramic membrane is the fastest-growing type segment in the membranes market. These membranes possess high porosity, high permeability, defined pore size, and good mechanical properties, which make them suitable for use in a wide range of applications, such as water & wastewater treatment, medical & pharmaceutical, industrial processing, and food & beverage.
The Asia-Pacific region is the largest as well as the fastest-growing membranes market
The Dow Chemical Company (U.S.), GE Water & Process Technologies (U.S.), LG Water Solutions (U.S.), Toray Industries (Japan), and Merck Millipore (Germany) are the leading market players and have accounted for a significant share of the market
- Increasing Awareness for Water & Wastewater Treatment
- Requirement of Selective Separation for Meeting Water Quality Standards
- Stringent Regulatory and Sustainability Policies Concerning the Environment
- High Capital Cost
- Growing Demand for Membranes in Emerging Economies
- Increasing Membrane Lifespan
- Asahi Kasei Corporation
- Axeon Water Technologies
- Corning Inc.
- Ge Water & Process Technologies
- Gea Filtration
- Hyflux Ltd
- Inge Gmbh
- Koch Membranes Systems, Inc.
- Lanxess AG
- LG Water Solutions
- Markel Corporation
- Merck Millipore
- Microdyn-Nadir Gmbh
- Nitto Denko Corporation (Hydranautics)
- Other Companies
- Pall Corporation
- Parker-Hannifin Corporation
- Pci Membranes
- Pentair PLC
- the Dow Chemical Company
- Toray Industries, Inc.
- Toyobo Co., Ltd.
- Veolia Environnement Sa
- W. L. Gore & Associates
For more information about this report visit http://www.researchandmarkets.com/research/tgj3s8/membranes_market