Dow & Toray Controls 38% Membrane Elements Sales Worldwide
The market is being led by Dow & Toray with 38% market share. Growth in the market is anticipated on account of surging demand for water purification systems and water treatment systems due to rising urbanization and industrialization, globally.
According
to TechSci Research report, “Global Membrane Element Market By
Configuration, By Membrane Type, By Application, By Region, Competition
Forecast & Opportunities, 2012-2022’’, the global membrane
element market is projected to surpass $ 7 billion by 2022. The market is being
led by Dow & Toray with 38% market share. Growth in the market is
anticipated on account of surging demand for water purification systems and
water treatment systems due to rising urbanization and industrialization, globally. Growing implementation of water-related
standards and regulations by governments across the globe coupled with
increasing demand for point-of-use filtering membrane elements and rising
consumer awareness about the waterborne disease are some of the other factors
anticipated to positively influence the global membrane element
market through 2022.
Browse 18 market data
Tables and 199 Figures spread through 167 Pages and an in-depth TOC on "Global Membrane
Element Market"
https://www.techsciresearch.com/report/global-membrane-element-market-by-configuration-plate-frame-spiral-wound-others-by-membrane-type-reverse-osmosis-nanofiltration-microfiltration-ultrafiltration-by-application-by-region-competition-forecast-opportunities/1224.html
Based on membrane type, the global membrane element market has been segmented
into Reverse Osmosis, Ultrafiltration, Microfiltration and Nanofiltration.
Reverse Osmosis technology segment continues to dominate both residential and
industrial sectors as it is used in various types of water purification systems
and water treatment plants. Moreover, the spiral wound configuration of
membrane elements dominates the global membrane element market, on account of several
benefits such as they are easy to replace, easy to clean and can be
manufactured by a wide variety of materials.
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“North
America controls the largest share in global membrane element market, supported
by the presence of a large number of industries and strong construction
activities in the region. However, in the coming years, Asia-Pacific is
anticipated to grow at the fastest pace compared to other regions, primarily due
to increasing installations of water purification systems across residential
set-ups. Moreover, emerging Asia-Pacific countries such as China, India and
South Korea are making efforts towards upgrading and installing water treatment
plants, thereby propelling demand for membrane elements.,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global
Membrane Element Market By Configuration, By Membrane Type, By Application, By
Region, Competition Forecast & Opportunities, 2012-2022” has
evaluated the future growth potential of the global membrane element market and
provides statistics and information on market size, structure and trends. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment evaluation. Besides, the report also identifies
and analyzes the emerging trends along with essential drivers, challenges and
opportunities in the global membrane element market.
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