LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global cross flow membrane market report until 2021. This research report also lists 17 other prominent vendors that are expected to impact the market during the forecast period.
The research study by Technavio on the global cross flow membrane market for 2017-2021 provides a detailed industry analysis based on the technology (reverse osmosis, ultrafiltration, microfiltration, and nanofiltration), application (water treatment, manufacturing, and energy), and geography (APAC, EMEA, and the Americas).
“The global cross flow membrane market is projected to grow to USD 15.9 billion by 2021, at a CAGR of close to 7% over the forecast period. The rising industrial development and urbanization are the key drivers of the market,” says Thanikachalam Chandrasekaran, a lead analyst at Technavio for water and waste management research.
Competitive vendor landscape
The global cross-flow membrane market is characterized by intense competition among both large and small players. The five major vendors are Evoqua Water Technologies, General Electric, GEA Group, OSMO Membrane System, and The Dow Chemical Company. The market is expected to witness steady growth in the future because of the increase in applications in the end-user industries and the increased popularity of industrial process water reuse. In addition, it is expected that the industrialization and the increased demand from the emerging economies will provide the necessary impetus for the growth of the market over the next few years.
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Top five vendors in the global cross flow membrane market
Evoqua Water Technologies
Evoqua Water Technologies formerly known as Siemens Water Technologies was a subsidiary of Siemens. It provides commercial, municipal, industrial, consumer water and wastewater treatment systems, products and services to its customer.
GE Healthcare, a subsidiary of General Electric, is a medical device company that manufactures and markets diagnostic imaging systems, healthcare IT solutions, and patient monitoring and cardiac devices. The company also provides transformational medical technologies and services.
GEA Group designs and develops the most advanced and customized cross-flow membrane filtration plants. GEA Filtration is one of the leading providers of customized membrane filtration plants and process lines for customers in the dairy, food and beverage, pharmaceutical, and industrial sectors.
OSMO Membrane Systems
OSMO Membrane Systems is a leading designer and manufacturer of industrial membrane separation plants worldwide. The company designs and develops its products using microfiltration, ultrafiltration, nanofiltration, RO, membrane degasification, electrodialysis, diffusion dialysis, and membrane electrolysis technologies.
The Dow Chemical Company
The Dow Chemical Company manufactures and supplies chemicals products for different segments. The company manufactures chemicals, agricultural products, and plastics that serve agro-science, construction, electronics and communications, healthcare, infrastructure, and packaging industries.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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