Ultrafiltration Membranes: Technologies and Global Markets
The global market for ultrafiltration membranes should grow from $4.4 billion in 2021 to $5.9 billion by 2026 with a compound annual growth rate (CAGR) of 5.9% for the period of 2021-2026.
- 371 data tables and 37 additional tables
- An updated review of the global market for ultrafiltration (UF) membranes and related technologies
- Analyses of the global market trends, both in terms of valume and value, with data from 2020, estimates for 2021-2022, and projections of compound annual growth rates (CAGRs) through 2026
- Evaluation and forecast the overall market size for UF Membranes, and corresponding market share analysis by material type, membrane type, application, and region
- In-depth information (facts and figures) concerning the major factors influencing the progress of the market (benefits, and industry-specific challenges) with respect to specific growth trends, upcoming technologies, prospects, and contributions to the overall market
- Discussion of UF modules, cassettes, dialyzers, and other devices and enabling ultrafiltration membrane technologies with the greatest commercial potential over the next five years (2021 to 2026)
- Future market outlook and coverage of major UF product types and applications, both in the commercial and developmental phase
- Insight into recent industry structure, current competitive scenario, R&D activities, and regulatory and legislative issues currently focused on the industry ecosystem
- Assessment of the competitive developments such as joint ventures, mergers and acquisitions, new product development, expansions, and research and development activities in the global market for ultrafiltration membrane
- Review of new patent grants by each major assignee category
- Descriptive company profiles of the leading global players, including Koch Separation Solutions, Pall Corp., Suez Water Technologies & Solutions, DuPont, Pentair and Toray Industries Inc.
This report covers the technological, economic, and business considerations of the ultrafiltration membrane market with analyses and forecasts provided for global markets. Included in the report are descriptions of market forces relevant to ultrafiltration membranes and their areas of application.
Global markets are presented by type of ultrafiltration membrane along with growth forecasts through 2026. Estimates on sales value are based on the price in the supply chain at which the membranes are procured by the manufacturers.
Market-driving forces and industry structure are examined. International aspects are analyzed for all world regions and types of ultrafiltration membranes. Brief profiles of major global manufacturers are presented.
The ongoing COVID-19 pandemic has affected the progress of economies across the world for nearly two years. In addition to taking measures to lock down their respective countries to contain the spread of the coronavirus, especially in affected cities, various governments across the world are also taking the measures necessary to contain the economic slowdown.
The report considers the impact of COVID-19. In 2020, the growth rate of every industry across the world was impacted by the pandemic, and thus the ultrafiltration membrane market was also indirectly affected. The market is, however, expected to bounce back in 2022, due to the relief packages and disaster aid packages provided by various governments to boost their economies.
BCC Publishing Staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.
The global ultrafiltration (UF) membranes market should reach $5.5 billion by 2025 from $4.2 billion in 2020 at a compound annual growth rate (CAGR) of 5.7% for the forecast period of 2020 to 2025.
- 74 tables
- An overview of the markets and technologies for ultrafiltration membranes
- Analyses of global market trends, with data from 2019, estimates for 2020 and projections of CAGRs through 2025
- Assessment of market dynamics, i.e., drivers, restraints and opportunities and discussion on future outlook and expectations from ultrafiltration membrane industry
- Evaluation of current market size, market forecast, and market share analysis of the leading suppliers of the industry
- Briefing about the current worth of UF modules, cassettes, dialyzers, and other devices by application
- Coverage of industry structure and dynamics, along with technological developments
- Profiles of major players in the industry along with a competitive analysis, including 3M, Asahi Kasei, Corning Inc., Dow Chemical Co., Millipore Corp., Parker Hannifin Corp. and Toray Industries
The global market for UF membranes has grown to nearly $3.3 billion in 2016 from $3.1 billion in 2015. The market is expected to grow at a five-year compound annual growth rate (CAGR) of 6.9% from 2016 to 2021, increasing to nearly $4.6 billion in 2021.
- An overview of the markets and technologies for ultrafiltration membranes.
- Analyses of global market trends, with data from 2015, estimates for 2016, and projections of CAGRs through 2021.
- An in-depth analysis of the technical and market drivers relating to the market for ultrafiltration (UF) membrane products.
- Evaluation of the current worth of UF modules, cassettes, dialyzers, and other devices by application.
- Discussion covering industry structure and dynamics, along with technological developments.
- Information on major applications of the technology: food and beverage processing, biopharmaceuticals manufacture, hemodialysis, potable water production, wastewater treatment and industrial processes.
- Profiles of major players in the industry along with a competitive analysis.
- The U.S. market for ultrafiltration technologies was worth $882 million in 2009 and will reach $932 million by the end of 2010. By 2015, the market is estimated to be valued at $1.2 billion, a compound annual growth rate (CAGR) of 5.7%.
- Hemodialysis is the largest ultrafiltration application market, with 52% market share in 2010. The market for hemodialyzers will reach $485 million by the end of 2010 and $626 million by 2015, a compound annual growth rate (CAGR) of 5.2%.
- The biotechnology sector is expected to continue growing robustly over the next 5 years. The market for UF products used in biotech research, biopharmaceuticals processing, and compendial water production is worth approximately $80 million in 2010. Growth in the market from 2010 to 2015 is forecast to rise at a compound annual growth rate (CAGR) of 10.2%, for a value of $130 million.
- The total U.S. market value for ultrafiltration membranes was worth $579 million in 2005 and $635 million in 2006. At a compound annual growth rate (CAGR) of 7.4%, this market will reach $908 million by 2011.
- Broken down between bioseparations/medical and municipal/industrial applications, the market remains largely split down the middle throughout the forecast period. Bioseparations will grow slightly to 52% of the total market value throughout the forecast period, while municipal/industrial applications will drop slightly to 47%
- Bioseparation/medical applications have the highest CAGR throughout the forecast period. In 2006 this sector of the market was worth $324 million and will grow to $476 million by 2011, a CAGR of 8.0%.
The market for ultrafiltration will rise at an average annual growth rate (AAGR) of 9.7% from $458 million in 2002 to $727 million in 2007.
Profitable new applications are developing in separations needed for neutraceuticals manufacture, a rapidly growing sector.
The phase-out of reusable dialyzers, increased use of more expensive synthetic membranes and an expanding patient population should continue to grow the dialysis market.
Potable water production potentially is a very large market for UF membranes Municipal wastewater recycling, using UF, is gaining attention for nonpotable reuse in irrigation and groundwater recharge; the notion that treated wastewater can be recycled as potable also is advancing.