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Membrane Separation Systems Market Demand, Survey, Forecast 2028

05-05-2023 08:18 AM CET | Health & Medicine

Press release from: Premium Market Insights

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Membrane Separation Systems Market Demand, Survey, Forecast

According to Premium Market Insights new research study on "Membrane Separation System Market to 2028 - Global Analysis and Forecast - by Technology, Application, and Material,"" the market was valued at US$ 22,177.00 million in 2021 and is projected to reach US$ 40,512.12 million by 2028; it is expected to grow at a CAGR of 9.1% from 2022 to 2028. The report highlights trends prevailing in the membrane separation system market, and drivers and restraints pertaining to the market growth.

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Some Of the Major Players Influencing are Acal BFi Limited, Advantest Corporation, Teraview limited, Toptica Photonics AG, Terasense Group Inc., Microtech Instrument Inc., Menlo Systems GmbH, HÜBNER GmbH & Co. KG, Luna Innovations Inc., and Insight Product Company are the leading companies operating in the global membrane separation system market.

The market growth is mainly attributed to factors such as the extensive use of these systems in wastewater treatment and a wide range of applications in the dairy industry. However, the complex nature of the membrane separation technique hampers the market progress.
Recent developments in high-performance nanostructured materials; production technologies, such as 3D printing; and high-performance computing possibilities are opening new horizons for membrane separation processes. Polymers represent a dominant material family used in membrane separation processes, as polymeric membranes are economical and suitable for a broad range of applications. Cellulose acetate (CA), polyacrylonitrile (PAN), polyimide, polycarbonate (PC), polyethylene (PE), polypropylene (PP), and polytetrafluoroethylene (PTFE) are the common examples of polymeric membranes.
Polymers such as polyvinylidene fluoride (PVDF) ultrafiltration membranes are embedded with nanomaterial-such as metal/metal oxide or carbon nano-tubes (CNTs)-to improve the filtration outcomes. There is a high demand for nanofiltration systems in the oil & gas sector for the processing of natural gas such as coal bed methane. The Guangdong Rural Credit Union plans to build natural gas production and storage facility in the Guangdong province of China, as a part of the 14th Five-Year (2021-2025) Plan for Energy. The US government, in 2021, announced the construction of 177 natural gas plants to reduce CO2 emissions by 2030. These new plants would increase the production output of natural gas, thereby bolstering the use of nanofiltration membrane systems in the oil & gas sector.

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Various control measures were taken to control the spread of COVID-19 worldwide in 2020, including improving the effectiveness of the treatment of water used for drinking and other manufacturing purposes. The COVID-19 pandemic has broadly affected several economies, such as Japan, India, Australia, China, and South Korea. However, various membrane separation systems manufacturers responded to the rapidly evolving challenges through innovations. Since the onset of the COVID-19 infection, the membrane separation systems market has developed several approaches that contribute to market recovery and future growth, including long-term market needs and network planning through supportive
government policies. Governments of India and China supported the large-scale production of vaccines-Covaxin & Covishield and Convidecia, respectively-for promoting mass vaccination drives. Manufacturing vaccines, biologics, and other pharmaceuticals also require sterile water, which increases the application of membrane separation systems in the healthcare sector. Additionally, the consumption of water in the household and the high demand for beverages also propelled the use of membrane separation systems during COVID-19.
Based on technology, the membrane separation systems market is divided into microfiltration, ultrafiltration, nanofiltration, reverse osmosis, ion exchange, and others. The reverse osmosis segment held largest share of the market in 2021, and it is expected to register the highest CAGR during the forecast period.

In terms of application, the membrane separation systems market is segmented into environmental, food & beverages, healthcare, and others. The environmental segment held the largest market share in 2021. However, the market for the healthcare segment is anticipated to grow at the highest CAGR during the forecast period. Membrane separation technologies are extensively used in downstream processes for separation and purification via microfiltration, ultrafiltration, and diafiltration. Also, the new technique of membrane chromatography allows the efficient purification of monoclonal antibodies.

On the basis of material, the membrane separation systems market is segmented into polyethersulphones, polysulphones, polyvinylidene fluroide (PVDF), polypropylene (PP), polyacrylonitrile (PAN), and others. The polyethersulphones segment held largest share of the market in 2021, and it is further expected to register the highest CAGR during the forecast period.

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The Environmental Protection Agency; Organisation for Economic Co-operation and Development (OECD); International Trade Administration (ITA); CEIC: Global Economic Data, Indicators, Charts & Forecasts; Japan's Ministry of Land, Infrastructure, Transport, and Tourism; and India Brand Equity Foundation (IBEF) are among the major primary and secondary sources referred to while preparing this report.

Table Of Contents
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Membrane Separation System Market - By Technology
1.3.2 Global Membrane Separation System Market - By Application
1.3.3 Global Membrane Separation System Market - By Material
1.3.4 Global Membrane Separation System Market - By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Membrane Separation System Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 South & Central America PEST Analysis
4.2.5 Middle East & Africa PEST Analysis
4.3 Experts Opinion
5. Membrane Separation System Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Extensive Use in Wastewater Treatment
5.1.2 Wide Range of Applications in Dairy Industry
5.2 Market Restraints
5.2.1 Complex Nature of Membrane Separation
5.3 Market Opportunities
5.3.1 Development of High-Performance Nanostructured Material
5.4 Future Trends
5.4.1 New Classes of Membranes Developed for Gas Separations
5.5 Impact Analysis
Continued…...!

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