Growing Use for Water Treatment Drives the United States Membrane Separation Technology Market
Rising
contamination in tap water, stringent government regulations and increasing
awareness of microbial & chemical contamination in water sources, drives
the United States Membrane Separation Technology Market
through 2023
According to TechSci Research report, “United
States Membrane Separation Technology Market, By Technology (RO, UF,
MF, NF and Others), By Application (Water & Wastewater Treatment, Food
& Beverage, Medical & Pharmaceutical, Industry Processing and Others),
By Company and By Geography, Forecast & Opportunities, 2023’’, United
States Membrane Separation Technology Market is projected to post growth at a
steady CAGR by 2023, owing to the rising contamination of tap water. Dumping of
industrial wastes in water bodies, farming pollution, and water plant and
distribution pipe deterioration have led to increasing instances of water
contamination in the country. Rising need to provide safe drinking water is
likely to drive the growth of United States Membrane Separation Technology
Market by 2023. Additionally, stringent government regulations such as the
Environmental Protection Agency’s ‘Safe Drinking Water Act’ is predicted to
drive the growth of membrane separation technology market by 2023. The
increasing awareness of microbial and chemical contamination in water sources
will propel the demand for Membrane Separation Technology Market during the
forecast period. Factors such as increasing investments in R&D to develop
cost effective filtration methods, rising adoption in the wastewater treatment
and growing demand from various end-use industries will ensure robust growth of
the market by 2023.
Moreover,
the rising use of water treatment plants for residential as well as municipal
purposes to recycle water is anticipated to drive the growth of the market in
the next five years. Further, the increasing need for water desalination
units and brackish water treatment is expected to propel the demand for Membrane
Separation Technology Market in the United States by 2023.
Based on the technology, nanofiltration
segment is anticipated to lead the market during the forecast period as it
enables the removal of even very small impurity particles without involving any
toxic chemicals. Based on the applications, the water and wastewater segment is
expected to lead the market between 2018 to 2023 due to the rising need of
ensuring safe tap water.
The Dow Chemical Company, The 3M Company, GE Water &
Process Technologies, Hydranautics, Danaher Corporation etc, are major
companies operating in the United States Membrane Separation Technology Market.
South Region is projected to lead the United States Membrane Separation Technology Market by 2023, owing to high population
density in the region coupled with increasing adoption of Membrane Separation
Technology by various end-use industries in the region such as food and
beverage manufacturers, pharmaceutical companies etc which require aseptic
conditions for their production process to provide contamination free products
to their consumers.
“The United States Membrane Separation Technology Market is a developed
market, due to widespread use of membrane separation technology for municipal,
residential as well as commercial purposes. Moreover, the stringent government regulations
regarding water safety as well as conservation along with the growing trend of
replacing the older technology with new and advanced technologies is expected to
drive the Membrane Separation Technology Market through
2023.”, said Mr. Karan Chechi, Research Director with TechSci Research, a
research based United States management consulting firm.
“United
States Membrane Separation Technology Market, By Technology (RO, UF,
MF, NF and Others), By Application (Water & Wastewater Treatment, Food
& Beverage, Medical & Pharmaceutical, Industry Processing and Others),
By Company and By Geography, Forecast & Opportunities, 2023” has evaluated the future growth
potential of United States Membrane Separation Technology Market and provides
statistics and information on market size, structure and future market growth. The
report offers decision makers superior market intelligence, thereby enabling
them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market inclinations along
with indispensable drivers, challenges and opportunities in United States Membrane
Separation Technology.
Contact
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