July 19, 2021
According to the research report titled ‘Global Ultrafiltration Membrane Market – Analysis By Material Type (Polymeric, Ceramic), Application Type, By Region, By Country (2020 Edition): Market Insight, Competition and Forecast (2020-2025)’, available with Market Study Report LLC, global ultrafiltration membrane market accounted for USD 5315.56 million in the year 2019 and is likely to showcase consistent growth during 2020-2025.
Rapid expansion of the dairy sector, growing demand for high-quality productions, and supportive regulations towards water safety & filtration are the key factors propelling the expansion of global ultrafiltration membrane market.
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As per the material type, the report cites that the polymeric segment holds majority share in global ultrafiltration membrane market and is expected to witness similar growth trends in the ensuing years, primarily due to its affordability and high popularity among end-users.
The ceramic segment, on the other hand, is also predicted to expand considerably during the study period. Although the material is expensive, ceramic membranes offer temperature stability, well-defined stable pore structure, resistance towards solvents, and aids in sterilization, hence fueling the segmental share.
Based on application spectrum, global ultrafiltration membrane industry size from food & beverage segment is expected to register substantial growth through 2025. Membrane technologies have been witnessing significant momentum in food & beverage sector owing to its eco-friendly nature, easy cleaning and sterilization, and high food safety.
Considering the regional terrain, Asia-Pacific ultrafiltration membrane industry is predicted to expand significantly in the ensuing years, primarily driven by widespread adoption of membrane filtration solutions in water processing plants as well as in food & beverage industries. Increasing R&D activities, especially in India and China, are also adding traction to the regional market size.
The prominent companies operating in global ultrafiltration membrane market are Applied Membranes Inc., United Envirotech Ltd., MICRODYN-NADIR GmbH, Synder Filtration Inc., Asahi Kasei Corporation, Toray Industries Inc., Nitto Denko Corporation, Hyflux Ltd., Pentair plc, and Koch Membrane Systems among others.