Spiral Membrane Market Share, Size | Global Report, 2022-2028

Spiral membrane market is expected to grow from US$ 7.6 billion in 2022 and it is expected to grow at a CAGR of 10.9% from 2022 to 2028

Sustainability mandates and stringent regulatory guidelines are one of the major drivers for the growth of spiral membrane market as these regulations have led to an increased infrastructure development for wastewater treatment plants in which the product is used extensively. Safe Drinking Water Act (SDWA), Clean Water Act (CWA), and other environmental regulatory acts have enforced stringent rules for the release of wastewater to prevent pollution in the water streams. The regulations ensure high quality and standard for treatment of wastewater. These factors are driving the market for spiral membrane.

MARKET DYNAMICS

Spiral membrane market has a major scope of application in food and beverages, where it is used in the manufacturing of juice clarification, sugar and water purification, lactose concentration, whey protein concentration, among others. Nanofiltration and ultra-filtration are extensively used in food and beverages sector. These membranes can remove polyphenolic compounds, proteins, pectin, and starch. Microfiltration is additionally used for the elimination of microorganisms.

MARKET SCOPE

The "Global Spiral Membrane Market Analysis to 2028" is a specialized and in-depth study of the spiral membrane industry with a special focus on the global market trend analysis. The report aims to provide an overview of market with detailed market segmentation by polymer type, technology, and end use. The global spiral membrane industry is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market player and offers key trends and opportunities in the market.

Strategic Insights

MARKET SEGMENTATION

The global spiral membrane market is segmented on the basis of polymer type, technology, and end use. On the basis of polymer type the market is segmented as, polyamide, PS and PES, others. On the basis of technology, the market is segmented as, reverse osmosis, nanofiltration, ultrafiltration, microfiltration. Further, on the basis of end use the market is segmented as, water and wastewater treatment, food and beverage, pharmaceutical and biotechnology, oil and gas, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global spiral membrane market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The spiral membrane market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

From the regional perspective, the Asia Pacific region dominated the global spiral membrane market in 2021. The dominance of Asia Pacific region in the spiral membrane market is majorly due to the presence of large number of food and beverages manufacturers as well as pharmaceutical manufacturers. Some of the key manufacturers in the region include Alfa Laval, Applied Membranes, Aquabio, and Axeon Water Technologies. These suppliers witness constant demand from food and beverages manufacturers and other end-users. The below figure showcases the revenue growth trend in the global spiral membrane market:

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The report analyzes factors affecting spiral membrane market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces analysis highlighting the factors affecting the spiral membrane market in these regions.

IMPACT OF COVID-19 PANDEMIC

The COVID-19 outbreak reflected decrease in demand for consumer goods globally, which reflected significantly lower volumes of orders among the end users, resulting in a lower production volume. The decline in production volumes adversely affected the businesses of various personal care and cosmetics component manufacturers including spiral membrane manufacturers. Thus, the procurement of ingredients declined during the initial phase of spread of COVID-19, thereby negatively impacting the growth of the global spiral membrane market.

The majority decline in demand was witnessed from the personal care and cosmetics sectors. This is due to lack of distribution in non-essential goods across North America, Europe, Asia, and Middle East. However, the pharmaceutical end use sector has been strongly growing and it is foreseen to continue over the years. This would propel the procurement of spiral membranes, thereby, bolstering the market growth during the forecast period.

MARKET PLAYERS

The reports cover key developments in the spiral membrane industry such as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for expansion of business and customer base of market players. The market players from spiral membrane industry are anticipated to witness lucrative growth opportunities in the future with the rising demand for market. Below mentioned is the list of few companies engaged in the spiral membrane market.

The report also includes the profiles of key spiral membrane market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

• DowDuPont Inc.
• Toray Industries, Inc.
• Hydranautics
• LG Water Solutions
• SUEZ Water Technologies and Solutions
• Merck Group
• Pentair plc
• Koch Membrane Systems
• Pall Corporation
• Alfa Laval

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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