The global microfiltration membranes market size is expected to reach USD 2.53 billion by 2030, according to a new study by Polaris Market Research. The report “Microfiltration Membranes Market Share, Size, Trends, Industry Analysis Report, By Filtration Mode (Direct Flow, Cross Flow); By Type (Cellulosic, Ceramic, Fluorinated Polymers, Others); By Application; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The demand for microfiltration membranes is expected to increase during the forecast period on account of the rise in awareness associated with wastewater treatment and strict regulations regarding wastewater. These membranes offer high efficiency in the separation of unwanted constituents from flow streams. They also offer easy and affordable operation, increasing their use in wastewater treatment, food and beverage, and pharmaceutical industries.
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The different applications of microfiltration membranes include food and beverage, water and wastewater treatment, chemical, pharmaceutical, biotechnology, and others. The water and wastewater treatment segment dominated the global market in 2021.
Increasing concerns regarding water scarcity and the rise in pollution of groundwater sources have increased the demand for this application. These membranes are increasingly being used for secondary municipal effluent reuse, water desalination, and the production of clean water. Asia Pacific accounted for a major share of the market in 2021. The increase in population, strengthening of the industrial sector, and growing urbanization influence industry growth. The increasing application of microfiltration membranes in the industrial sector, along with the rise in demand from the pharmaceutical and food & beverage sectors, supports the growth of the industry in the region. The rise in environmental concerns and the introduction of stringent water regulations has further boosted the demand for microfiltration membranes in the developing countries of Asia Pacific.
The outbreak of COVID-19 outbreak affected the global market on account of travel restrictions, disruption of the supply chain, and operational challenges. Lockdown impositions caused the shutting of manufacturing facilities and factories, resulting in reduced demand for microfiltration membranes from the industrial sector. However, there was a rise in demand experienced from the municipal sector owing to the imposition of lockdowns across the world, leading to the generation of a higher quantity of waste from the residential sector.
Microfiltration Membranes Market Report Highlights
Polaris Market Research has segmented the microfiltration membranes market report based on filtration mode, type, application, and region:
Microfiltration Membranes, Filtration Mode Outlook (Revenue - USD Billion, 2018 - 2030)
Microfiltration Membranes, Type Outlook (Revenue - USD Billion, 2018 - 2030)
Microfiltration Membranes, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Microfiltration Membranes, Regional Outlook (Revenue - USD Billion, 2018 - 2030)