Research and Markets: Membrane Market in India to Surpass USD 300 Million by 2015 Says Recent Research
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/dt2rld/india_membrane) has announced the addition of the "India Membrane Market Forecast & Opportunities, 2017" report to their offering.
“India Membrane Market Forecast & Opportunities, 2017”
Growing popularity of clean technologies, increasing water treatment & desalination projects and stringent waste water treatment regulations will drive India's membrane market
Since the very beginning of the 21st century, a heightened concern for sustainable use of Earth's natural resources has been observed in India as well as abroad. The sudden surge for environmental concern was a result of the rising signals of climate change and rapidly depleting natural resources. In India, the government as well as various private institutions affianced in creating awareness of environmental sustainability and devising solutions to overcome the challenges. The prime focus became meeting the present population's need for different resources, like water, and restraining any further damage to the environment. The government started actively promoting green/ clean technologies and revised related regulations to be more stringent. As a result, many clean technologies that were commercially viable since long started gaining popularity across different industries.
According to a recently published report India Membrane Market Forecast and Opportunities, 2017, Indian membrane market is expected to grow tremendously, to surpass USD 300 Million in 2015. Given the huge potential of membrane market in India, their market is forecasted to grow at a compounded annual growth rate of more than 13%, over the next five years. With RO membranes dominating the membrane market in India, it is expected that the membrane technology will radically change the scenario of the water and waste water treatment industry. Increasing number of municipal and industrial processes are adopting membrane technology in their mainstream production and operations.
- Dow Chemicals
- Nitto Denko
- Woongjin Chemical Ltd.
- Ion Exchange
- Koch Membrane Systems
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