Tubular Membrane Market to Cross $ 2.2 Billion by 2025
According
to TechSci Research report, “Global
Tubular Membrane Market By Product Type, By Application, By End-Users,
By Region, Competition, Forecast & Opportunities, 2025”, the
global tubular membrane market is forecast
to grow from an estimated USD 1.57 billion in 2020 to USD 2.24 billion by 2025.
The global tubular membrane market is driven by rising implementation for the
discharge of wastewater generated by various industries. Further, increasing adoption of tubular membrane related to zero liquid
discharge (ZLD) systems is
one of the major factors accounting for the growth of global
tubular membrane market. Moreover, surging demand from chemicals &
petrochemicals industry is further expected to bode well for the growth of
global tubular membrane market through the forecast period. In addition to
this, more and more applications of the tubular membrane in chemical
pretreatments is anticipated to positively influence the growth of global tubular
membrane market in the years to come. Also, growing efficiency of tubular
membranes is making headway for the growth of global tubular membrane market across
the globe. Along with this, continuous ongoing rapid advancements in the market
are positively contributing to the market growth. Furthermore, wastes
containing dyes & pigments from processes like cooling tower blowdown,
etc., have increased, thus the demand for the tubular membrane is expected to
grow, which is anticipated to bolster the growth of market during the next five
years. However, there are some factors such as high cost of the tubular
membrane modules and concerns related to the long service life of the membranes
that might act as major impediments to the growth of global tubular membrane market
through 2025.
Browse over 148 market
data Figures spread through 173
Pages and an in-depth TOC on "Global Tubular
Membrane Market"
https://www.techsciresearch.com/report/tubular-membrane-market/4653.html
Global
tubular membrane market can be segmented based on product type, application, end
users, company and region. Considering the end users, the market is fragmented
into chemicals & petrochemicals, food & beverage, energy & power,
electrophoretic coating, leather, pharmaceuticals, textiles and others. The chemicals
& petrochemicals segment dominated
the global tubular membrane market in terms of largest market share until 2019
and is further anticipated to hold its dominance during the forecast years as
well, which can be accredited to rising demand from the petrochemical sector
clubbed with organic and inorganic chemicals units. In addition to this, stringent
government rules regarding processing of wastewater generated from all plant
production units such as cooling towers, boilers, flue gas desulfurization, etc.,
have increased the consumption of tubular membranes in chemicals &
petrochemical plants, which is anticipated to boost the growth of this segment
over the coming years. Also, the market for the textiles & leather segment
is anticipated to register highest CAGR until 2025 due to stringent regulations
pertaining to wastewater discharge from these units.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4653
Customers can
also request for 10% free customization on this report.
Pentair Plc, Koch Membrane System, Inc., Berghof Membrane
Technology GmbH, PCI Membranes, Dynatec Systems Inc., Spintek Filtration Inc., Duraflow
LLC, Hyflux Limited, Microdyn-Nadir GmbH, and Lenntech Water Treatment
Solutions are the leading players operating in the global tubular
membrane market. The players are adopting several
growth strategies to enhance the market scenario of tubular membrane. Other
competitive strategies include product launches; mergers & acquisitions;
agreements, partnerships, and collaborations; and expansions to diversify their
product portfolio in order to strengthen their market position.
“Asia Pacific is
anticipated to dominate the global tubular membrane market over the next five
years on account of presence of many key product manufacturers in the region. Additionally,
Asia-Pacific is also anticipated to register highest growth over the coming
years, which can be attributed to the fact that the region dominates others in
terms of overall installed capacity of chemicals & petrochemicals units
along with coal power plants present in China and India.”, said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global Tubular Membrane Market By Product Type, By Application,
By End-Users, By Region, Competition, Forecast & Opportunities, 2025” has
evaluated the future growth potential of global tubular membrane market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global tubular membrane market.
Contact
Mr. Ken Mathews
708
Third Avenue,
Manhattan,
NY,
New
York – 10017
Tel:
+1-646-360-1656
Email:
[email protected]