Global Market For Membrane Microfiltration To Be Worth $1.8 Billion In 2015
May 04, 2010
Wellesley, Mass. – According to a new technical market research report, THE GLOBAL MARKET FOR MEMBRANE MICROFILTRATION (MST028D) from BCC Research (www.bccresearch.com), the global market for microfiltration (MF) membrane products is an estimated $1.2 billion in 2010, but is expected to increase to $1.8 billion in 2015, for a 5-year compound annual growth rate (CAGR) of 8%.
This report examines the market for MF membrane products as reflected by the major applications of the technology: food and beverage processing, biopharmaceuticals manufacture, potable water production, wastewater treatment, industrial processes, and semiconductor fabrication.
Five-year projections are provided for market activity and value. Industry structure, membrane applications and trends, pricing considerations, R&D, government regulations, company profiles, and competitive technologies are included in the study.
The report is an examination of the global market as applied to liquid separations. Sales of “membranes” refer to the sale of the material packaged as modules, capsules, cartridges, cassettes, or other devices in which the membranes are “housed.” Pressure vessels, housings, pumps, piping, controls, or other system components are not included in the market values.
The market’s rate of growth during the next 5 years will increase much more rapidly than predicted world GDP growth in most regions, but not as rapidly as the world market for other membrane types, such as reverse osmosis (RO).
Drivers for MF growth include federal regulations, industry standards, consumer demand, and the need to replace aging and/or outdated existing equipment. The most important driver is governmental regulation imposed by agencies such as the U.S. Environmental Protection Agency (EPA) and Food and Drug Administration (FDA), as well as purity standards required by various industries.
MF operating costs also have decreased due to improvements in materials and modules, such as chlorine resistance, greater surface area, higher permeability, and longer membrane lifetimes. As a result, several standard applications have emerged for MF technology: drinking water treatment, filtration of various wastewaters for reuse, RO pretreatment, microbial stabilization of wine and beer, biotechnology research and bioprocessing, and the filtration of water and chemicals during semiconductor fabrication.
The study is designed to be as comprehensive as possible, and to be usable by a broad audience of business, technical, and regulatory practitioners on a global scale. Senior marketing personnel, venture capitalists, executive planners, research directors, government officials, and suppliers to the membrane industry who want to discover and exploit current or projected market niches should find this report of value.
Source: BCC Research
The Global Market for Membrane Microfiltration( MST028D )
Publish Date: April 2010
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