Report : Asia-Pacific Membrane Separation Systems Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Technology (Reverse Osmosis, Microfiltration, Ultrafiltration, Nanofiltration, Ion Exchange, and Others), Application (Environmental, Food and Beverages, Healthcare, and Others), and Material [Polyethersulfone (PES), Polysulfone (PSF), Polypropylene (PP), Polyvinylidene Fluoride (PVDF), Polyacrylonitrile (PAN), and Others]
At 9.5% CAGR, the Asia-Pacific Membrane Separation Systems Market is speculated to be worth US$ 15,070.97 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Asia-Pacific membrane separation systems market was valued at US$ 8,758.50 million in 2022 and is expected to reach US$ 15,070.97 million by 2028, registering a CAGR of 9.5% from 2022 to 2028. New classes of membranes developed for gas separations and development of high-performance nanostructured material are the critical factors attributed to the Asia-Pacific membrane separation systems market expansion.
The most widely used membrane material for gas separation is polymer at present. Polymers are the suitable choice of membranes as they can be processed into hollow fibers with high surface areas. The relatively low cost of manufacturing fibers makes them acceptable for large-scale industrial applications. Examples of such membranes are the MEDAL and PRISM membranes produced by Air Liquide and Air Products for a wide range of gas separation applications. Polymeric gas separation membranes have become competent over the past few decades. These are currently used in industries for hydrogen separation, e.g., hydrogen/nitrogen separation in ammonia plants and hydrogen/hydrocarbon separation in petrochemical applications. Moreover, various new membranes, such as thermally rearranged polymers, polymers of intrinsic micro porosity, room-temperature ionic liquids, perfluoro polymers, and mixed matrix membranes with high separation performance are developed for gas separations. The mixed matrix membranes (MMMs) are a new class of hybrid composite membranes in which the inorganic nano or micro-sized particles are homogeneously integrated into the polymer matrix. Therefore, growing trend of new class of membranes is expected to drive the Asia-Pacific membrane separation systems market.
On the contrary, complex nature of membrane separation hurdles the growth of Asia-Pacific membrane separation systems market.
Based on technology, the Asia-Pacific membrane separation systems market is segmented into reverse osmosis, microfiltration, ultrafiltration, nanofiltration, ion exchange, and others. The reverse osmosis segment held 35.6% market share in 2022, amassing US$ 3,114.12 million. It is projected to garner US$ 5,380.96 million by 2028 to expand at 9.5% CAGR during 2022–2028.
Based on application, the Asia-Pacific membrane separation systems market is segmented into environmental, food and beverages, healthcare, and others. The environmental segment held 40.7% market share in 2022, amassing US$ 3,564.75 million. It is projected to garner US$ 6,195.34 million by 2028 to expand at 9.6% CAGR during 2022–2028.
Based on material, the Asia-Pacific membrane separation systems market is segmented into polyethersulfone (PES), polysulfone (PSF), polypropylene (PP), polyvinylidene Fluoride (PVDF), polyacrylonitrile (PAN), and others. The others segment held 30.0% market share in 2022, amassing US$ 2,625.07 million. It is projected to garner US$ 4,399.52 million by 2028 to expand at 9.0% CAGR during 2022–2028.
Based on country, the Asia-Pacific membrane separation systems market has been categorized into China, Japan, India, South Korea, Australia, Bangladesh, Sri Lanka, Southeast Asia, and the Rest of Asia-Pacific. Our regional analysis states that China captured 41.8% market share in 2022. It was assessed at US$ 3,660.88 million in 2022 and is likely to hit US$ 6,454.29 million by 2028, exhibiting a CAGR of 9.9% during the forecast period.
Key players dominating the Asia-Pacific membrane separation systems market are 3M, Alfa Laval AB, DuPont de Nemours Inc, GEA Group AG, Hydranautics, Koch Separation Systems Inc, MANN+HUMMEL International GmbH & Co KG, Pentair Plc, ProMinent GmbH, and Veolia Water Technologies SASU, among others.
- In Feb 2019, Koch Membrane Systems, Inc. (KMS) announces the launch of the Sani-Pro spiral element product line tailored to the stringent requirements of membrane separations within the Food, Beverage and Life Science markets.
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