Global Tubular Membrane Market to witness healthy growth of USD 1.38 billion by 2027: Fior Markets

Fior Market Research LLP

Fior Market Research LLP

Tubular Membrane Market by Type (Membrane Bioreactor, Reverse Osmosis, Microfiltration, Nanofiltration, etc.), End User Application (Chemical & Petrochemical, Energy & Power, Food & Beverage, Leather, Textiles & Pharmaceuticals), Region, Global Tubular Membrane Market 2020 Industry Analysis, Market Size, Share, Growth, Trends and Forecast to 2027

NEWARK, N.J., May 18, 2022 (GLOBE NEWSWIRE) — The global tubular membrane market is expected to grow from $780 million in 2019 to $1.38 billion in 2027, at a CAGR of $1.38 billion in 2027, according to a report published by Fior Markets The rate is 7.4 percent for the forecast period 2020-2027. Asia Pacific is the most dominant player in terms of regional and is also expected to lead this market in the future. Factors such as urbanization, population growth, increasing number of industries in India and China along with a large number of coal industries and thermal power plants are driving the growth of this market. North America is the second largest market and is expected to grow at a significant growth rate due to urbanization and a growing number of industries.

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Some of the key players in the tubular membrane market are Porex Corporation, Pentair Plc, Plansee, PCI Membranes, Berghof Membrane Technology GmbH, Spintek Filtration Inc., Dynatec Systems Inc, Microdyn-Nadir GmbH, Duraflow LLC, and Hyflux Ltd.

This study provides a comprehensive analysis of types, end-user applications, and regions. The type section includes membrane bioreactors, reverse osmosis, microfiltration, nanofiltration, etc. The reverse osmosis industry holds the largest market share owing to its use for zero liquid discharge and growing demand for ZLD systems. On the basis of end-user application, the market is segmented into chemical and petrochemical, energy and power, food and beverage, leather, textiles, and pharmaceuticals. Energy and electricity is the largest segment as water is widely used in the electricity and energy production industries; thus, tubular membranes find application here, which drives the growth of this segment.

In 2018, Aquaporin A/S and Berghof Membranes announced that they had merged to commercialize tubular forward osmosis membrane technology. The merger will help the food and beverage industry treat chemical-free wastewater.

With increasing environmental pollution, people are increasingly aware that the government has instituted strict rules and regulations for wastewater treatment in various industries, which has a positive impact on the tubular membrane market.

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About the report:

Analysis of the global tubular membrane market on the basis of value (USD Billion). All segments are analyzed on a global, regional and country basis. The study includes analysis of over 30 countries in each market segment. The report provides an in-depth analysis of drivers, opportunities, constraints and challenges to gain key insights into the market. Research content includes Porter’s Five Forces Model, Attraction Analysis, Raw Material Analysis, Supply and Demand Analysis, Competitor Positioning Grid Analysis, Distribution and Marketing Channel Analysis.

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