ultrafiltration Market Developments, Trends, Production, Supply and Demand Analysis and Forecasts by 2030
The global ultrafiltration market is forecast to reach USD 5.72 Billion by 2030, according to a new report by Reports and Data. Ultrafiltration is a membrane filtration in which forces like concentration gradients or pressure lead to a separation through a semipermeable membrane. In wastewater treatment, ultrafiltration devices are used to recycle and reuse water that contains virtually no physical solids.
Ultrafiltration can be used for removal of macromolecules and particulates and from raw water, to produce potable water. The process is used to replace existing secondary and tertiary filtration systems deployed in water-treatment plants or as standalone systems in secluded regions with growing population. Ultrafiltration processes are generally preferred over traditional treatment methods as there are no chemicals required in it, it provides consistent product quality regardless of feed quality, is of compact size, and is also capable of exceeding regulatory standards of water quality, achieving 90-100% pathogen removal.
The demand for ultrafiltration in North America is on the rise, due to the high level of pollution from industrial, commercial, and residential wastes. In the United States, 55% of the population lives within 50 miles of the coast and results in overcrowding and a significant increase in residential waste. This has led to the adoption of wastewater treatment plants in these areas. The increasing demand is expected to push upward in the coming future, due to the rise in pollutants and effluents ejected in water by industries, and it will act as a driver for the North America ultrafiltration market.
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The basic objective of this report is to deliver details pertaining to the growth of this market, with respect to the rising demand from various sectors. The market report comprises an in-depth study of the current trends, growth opportunities, sectors likely to depict high growth prospects, industry drivers, and more, that would help shareholders undertake major decisions.
This report also focuses on the ultrafiltration Market size with respect to the volume and value – at the regional, company, and worldwide levels. Market strategies are undertaken, with regard to the current and future industry scenarios have also been enlisted in the study.
The chemicals and materials industry has witnessed significant revenue growth over the recent past owing to increasing demand for chemicals, raw materials, consumer products such as perfumes, soaps, and detergents, and plastics from various end-use industries. Chemicals and materials are widely used in various consumer goods and different sectors such as agriculture, construction, and petroleum refining, among others. Polymers occupy the largest revenue share of the global chemicals industry owing to increasing demand from the packaging industry, construction markers, and home furnishing, among others. The increasing availability of raw materials at affordable costs, lower labor, and energy costs, and rapid economic growth in developing regions is a key factor boosting revenue growth of the chemicals and materials industry and the trend is expected to continue going ahead.
The report further offers an in-depth analysis of key regions in the market along with the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. It also studies the presence of key players in each region along with macro-and micro-economic growth factors, regulatory framework, and investment and funding opportunities in each major region.
Further key findings from the report suggest
- Municipal treatment held a market share of 46.7% in the year 2019. Municipal wastewater treatment practice evolved primarily to accommodate discharge of treated effluents to surface waters, and not to facilitate the use of effluent on crops. This type of wastewater treatment typically comprises of three-stage treatment, i.e., preliminary treatment, primary treatment, and secondary treatment.
- Polymeric ultrafiltration type is forecasted to hold a market share of 59.8% in the year 2028. Polymeric surfactants have been extensively used in ultrafiltration processes such as membrane cleaning, removal of surfactants or other organic toxic compounds and metal ions from solutions, and estimation of interactions at surfactant and membrane interface.
- Hollow Fibre is forecasted to grow with a CAGR of 15.6% during the forecast period. Ultrafiltration was firstly developed in the ’70s for liquid treatment, notably in the dairy Industry. With its strong development for drinking water at a large scale, ultrafiltration on hollow fiber membrane is now known as a clean, efficient and inexpensive technique for water purification in domestic and industrial fields.
- Asia Pacific held the largest market share of 43.4% in the year 2019. The region provides a lucrative opportunity for the ultrafiltration market. The rise in awareness of water and wastewater treatment and growing scarcity of freshwater are expected to propel the demand for ultrafiltration during the forecast period.
- In April 2019, Pentair announced that it would build an innovation center in North Carolina. The center is expected to help in innovating products for swimming pools and other water treatment solutions. This development will help the company broaden its water treatment portfolio by launching new products.
Top Players in the Global ultrafiltration Market:
Pentair, Dowdupont, Inge, Pall Corporation, Koch Membrane Systems, 3M, Hydranautics, Hyflux, Toray Industries, Inc., and Alfa Laval, among others.
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ultrafiltration Market Segmentation:
Type Outlook (Revenue, USD Billion; 2019-2030)
Module Outlook (Revenue, USD Billion; 2019-2030)
- Hollow Fiber
- Plate and Frame
Application Outlook (Revenue, USD Billion; 2019-2030)
- Municipal Treatment
- Industrial Treatment
- Food & Beverage Processing
- Pharmaceutical Processing
- Chemical & Petrochemical Processing
Global ultrafiltration Market Report: Regional Segmentation
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Global ultrafiltration Market: Table of Contents
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.1. Primary Sources
1.4.2. Secondary Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
Chapter 3. Key Insights
Chapter 4. Global Pharma & Healthcare Market Segmentation
4.1. Global Pharma & Healthcare Market COVID-19 Impact Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Porter’s Five Forces Analysis
4.5. Regulatory Framework
4.6. Price trend Analysis
4.7. Competitive Metric Space Analysis
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