Report : South America 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 8.5% CAGR, the South America Membrane Separation Systems Market is speculated to be worth US$ 2,695.61 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the South America membrane separation systems market was valued at US$ 1,656.66 million in 2022 and is expected to reach US$ 2,695.61 million by 2028, registering a CAGR of 8.5% from 2022 to 2028. Development of high-performance nanostructured material and new classes of membranes developed for gas separations are the critical factors attributed to the South America membrane separation systems market expansion.
The recent development in high-performance nanostructured material, new production technologies, such as 3D printing, and high-performance computing possibilities are expected to open new horizons for membrane separation processes. Polymers represent the dominant material family of membrane separation processes. Polymeric membranes are the first choice of the membrane separation industry because they are economical and serve wide range of applications. (CA), polyacrylonitrile (PAN), polyimide, polycarbonate (PC), polyethylene (PE), polypropylene (PP), and polytetrafluoroethylene (PTFE) are common examples of polymeric membranes. Generally, polymers such as polyvinylidene fluoride (PVDF) ultrafiltration membranes are embedded with nanomaterial—such as metal/metal oxide or carbon nano tubes (CNTs)—to improve the performance. The labs mainly use nanostructured membrane materials. Nanofiltration witness a high demand in the oil & gas sector for the processing of natural gas such as coal bed methane. Several new plans across the region would increase the production output of natural gas, thereby surging the use of nanofiltration in the oil & gas sector, which further drives the South America membrane separation systems market.
On the contrary, complex nature of membrane separation hurdles the growth of South America membrane separation systems market.
Based on technology, the South America membrane separation systems market is segmented into reverse osmosis, microfiltration, ultrafiltration, nanofiltration, ion exchange, and others. The reverse osmosis segment held 34.2% market share in 2022, amassing US$ 566.35 million. It is projected to garner US$ 925.38 million by 2028 to expand at 8.5% CAGR during 2022–2028.
Based on application, the South America membrane separation systems market is segmented into environmental, food and beverages, healthcare, and others. The environmental segment held 41.4% market share in 2022, amassing US$ 685.61 million. It is projected to garner US$ 1,126.82 million by 2028 to expand at 8.6% CAGR during 2022–2028.
Based on material, the South America membrane separation systems market is segmented into polyethersulfone (PES), polysulfone (PSF), polypropylene (PP), polyvinylidene Fluoride (PVDF), polyacrylonitrile (PAN), and others. The others segment held 29.9% market share in 2022, amassing US$ 494.97 million. It is projected to garner US$ 783.73 million by 2028 to expand at 8.0% CAGR during 2022–2028.
Based on country, the South America membrane separation systems market has been categorized into Brazil, Argentina, and rest of South America. Our regional analysis states that Brazil captured 54.6% market share in 2022. It was assessed at US$ 905.24 million in 2022 and is likely to hit US$ 1,509.17 million by 2028, exhibiting a CAGR of 8.9% during the forecast period.
Key players dominating the South America 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 Aug 2020, Pentair announced the latest innovation within its X-Flow filtration solution portfolio, the Pentair X-Flow XF75 Membrane Element. This new ultrafiltration (UF) membrane element provides a cost-effective solution to new water treatment projects and helps to enhance performance of existing systems within the South Americae footprint.
- 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.
Contact Person: South Americaeer Joshi
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Email id: South America@businessmarketinsights.com