Switching from chemical to physical water treatments drives the membrane separation market. This market is estimated to be driven further through the projected phase. It is predicted to increase during the same. The population’s strict abidance with environmental policies of national governments is estimated to affect the membrane separation market.
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Industrial innovations and escalating population around the globe propel the need for improved technologies of water treatment. These components also offer growth prospects to the market and are responsible for pushing it ahead. The membrane separation process is highly popular and used for sanitizing water.
Increased research and development activities and growing implementation of membrane separation procedures are predicted to drive further demand for the membrane separation market. The market is segmented on the basis of applications, products and geographical regions. Membrane separation is used in waste water treatment, manufacturing and medical purposes.
The application segment of waste water and water treatment accounted for more than 35 percent of the entire share in the market in 2013. This segment is anticipated to lead the membrane separation market in the future. The market is segmented on the basis of microfiltration, nano filtration, reverse osmosis and ultra filtration.
Microfiltration leaded the worldwide membrane separation market. It occupied nearly 30 percent of the share in the same year. Reasonably priced membranes are used across different applications and are accountable for improving the conditions of the membrane separation market. Among the four geographical regions the worldwide market has, Europe leaded the scene in 2013.
The continent held more than 35 percent of the income in the worldwide market. Advancements in manufacturing are likely to augment the European market. Asia Pacific is estimated to generate profitable returns owing to the speedy markets of China. The North American membrane separation market is also predicted to progress further. This owes to innovations in techniques and procedures of membrane separation across the globe.
Information Source: Grand View Research