At 9.7% CAGR, Europe Spiral Membrane Market is Projected to be Worth US$ 2,652.80 Million by 2031, says Business Market Insights

According to Business Market Insights' research, the Europe spiral membrane market was valued at US$ 1,265.89 million in 2023 and is expected to reach US$ 2,652.80 million by 2031, registering a CAGR of 9.7% from 2023 to 2031. Growing emphasis on using recycled spiral membrane and increasing industrialization coupled with stringent government regulation for environmental safety are among the critical factors attributed to drive the Europe spiral membrane market growth.

Significant investment prospects and restructured business models in the post-pandemic scenario are the main factors contributing to rapid industrialization. As developing economies undergo significant transformation, with rapid growth in manufacturing, construction, and industrial sectors, the reliance on filtration solutions becomes paramount. With a surge in production activities, the need for filtration in manufacturing processes has also increased, which requires efficient filtration membranes. Hence, spiral membranes are experiencing increased demand to ensure optimal performance and filtration efficiency in industrial processes such as industrial waste treatment. These membranes are widely used in nanofiltration or reverse osmosis across various industries, such as oil & gas, textile, paper & pulp, chemicals, petrochemicals, food & beverages, and pharmaceuticals. Moreover, the rise in government initiatives for achieving environmental safety and sustainability goals by imposing regulations on manufacturing industries is increasing the adoption of filtration processes. Thus, the rapid industrialization in developing economies and stringent government regulation for environmental safety are expected to create lucrative opportunities for the spiral membrane market growth during the forecast period.

On the contrary, the volatility in polymer prices hampers the growth of Europe spiral membrane market.

Based on membrane type, the Europe spiral membrane market is segmented into polyethersulfone, polyamide, fluoropolymers, and others. The polyamide segment held 42.2% market share in 2023, amassing US$ 534.20 million. It is projected to garner US$ 1,155.59 million by 2031 to register 10.1% CAGR during 2023-2031.

In terms of technology, the Europe spiral membrane market is segmented into microfiltration, ultrafiltration, nanofiltration, and reverse osmosis. The ultrafiltration segment held 25.5% share of Europe spiral membrane market in 2023, amassing US$ 322.52 million. It is anticipated to garner US$ 685.33 million by 2031 to expand at 9.9% CAGR during 2023-2031.

By end user, the Europe spiral membrane market is divided into food and beverages, dairy and dairy products, brewery, plant based products, extracts, others, biotech and biochemical, pharma and healthcare, water treatment (municipal), wastewater (industrial), chemicals, oil and gas, textile/pulp and paper industry, and others. The water treatment (municipal) segment held 26.7% share of Europe spiral membrane market in 2023, amassing US$ 337.42 million. It is projected to garner US$ 796.37 million by 2031 to expand at 11.3% CAGR from 2023 to 2031.

Based on country, the Europe spiral membrane market is categorized into Germany, France, Italy, the UK, Russia, Sweden, Norway, Denmark, Finland, Iceland, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 23.0% share of Europe spiral membrane market in 2023. It was assessed at US$ 290.59 million in 2023 and is likely to hit US$ 495.69 million by 2031, registering a CAGR of 6.9% during 2023-2031.

Key players operating in the Europe spiral membrane market are Alfa Laval AB; Toray Industries Inc; GEA Group AG; MANN+HUMMEL International GmbH & Co. KG; DuPont de Nemours Inc; Pentair Plc; PCI Membranes; Solecta; Inc.; atech innovations GmbH; Kovalus Separation Solutions Inc; TAMI Industries S.A.S; UNISOL Membrane Technology; Membranium; Inopor; Nitto Denko Corporation; Veolia Environnement SA; and Membracon (UK) Ltd, among others.

• In 2023, Solecta Inc and The Lubrizol Corporation announced a new partnership to develop and market novel membrane solutions that will improve productivity and drive greater efficiencies in the global separations industry.
• In 2021, The MANN+HUMMEL Group fully acquired Seccua Holding AG. Seccua specializes in the manufacture of ultrafiltration membranes, which reduce viruses, bacteria, parasites, and turbidity in water without chemical or ultraviolet treatment.
  
  

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