Spiral Membrane Market Global Industry Overview, Key Revenue Pockets and Competitive Landscape till 2023
The Spiral Membrane Market was valued at USD 4.65 billion in 2017 and is projected to reach USD 8.20 billion by 2023, at a CAGR of 10.0% during the forecast period. In this study, 2017 has been considered as the base year while the forecast period that has been considered is from 2018 to 2023.
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Browse 72 market data Tables and 35 Figures spread through 123 Pages and in-depth TOC on "Spiral Membrane Market"
New product and technology development was the key strategy adopted by the major players to strengthen their position in the spiral membrane market between 2015 and 2018. Partnerships, agreements & collaborations accounted for a share of 50.0% of the total growth strategies adopted by the leading players of the spiral membrane market between 2015 and 2018. Companies operating in the spiral membrane market have also adopted the strategy of new product and technology development which has helped them fulfill the emerging need for spiral membranes technology in various industries.
DowDuPont (US) has gained a strong foothold in the spiral membrane market. The company is backed by its extremely strong and in-depth product portfolio of membrane technologies. The company continuously aims to create value for the customer through its diversified and market-driven portfolio in various businesses. The major reason for DowDuPont maintaining its market position is the successful leveraging of cost and scale advantage in addition to the strong worldwide presence. The company focuses on continuous R&D and innovation in an attempt to solving some of the world’s most challenging problems such as the need for clean water, increasing agricultural productivity, clean energy generation, and conservation.
Pentair plc (US) is another major player operating in the spiral membrane market. The company has held several exhibitions to increase its market awareness and presence and has also launched new products regularly. The company focused on acquisition as its major business strategy for its overall growth of the company. For instance, in 2016, the company acquired TCK Membrane America Inc. (Calif), a manufacturer of CSM RO/NF membranes. In addition, the other business strategy followed by the company also adopts other business strategies is to grow its network through various supply contracts with its expertise in the entire spectrum of high-performance spiral membranes including RO membranes, NF membranes, UF membranes, MF membranes, and membrane bioreactors (MBR).
Based on end-use industry, the water & wastewater treatment segment is projected to grow at the highest CAGR from 2018 to 2023. Spiral membranes are widely used in various industries such as food & beverage, pharmaceutical, chemical & petrochemical, and textile industries. The technology is used for water treatment and manufacturing processes. In addition to this, the presence of stringent regulations in various countries for effluent discharge is also a major factor for the large size of this segment. The R&D departments of manufacturing companies are carrying out research to widen the application areas, which is expected to drive the Spiral Membrane Market during the forecast period.
The Spiral Membrane Market in the APAC region possesses immense potential for growth.
Increasing awareness of water and wastewater treatment and rising scarcity of fresh water are expected to fuel the demand for ultrafiltration during the forecast period. China, India, and Japan are some of the key countries in the region contributing significantly towards the growth of the Spiral Membrane Market in the APAC region.
Some of the key players in the Spiral Membrane Market are DowDuPont Inc. (US), Toray Industries, Inc. (US), Hydranautics (US), LG Water Solutions (South Korea), SUEZ Water Technologies and Solutions (France), Merck Group (Germany), Pentair plc (US), Koch Membrane Systems (US), Pall Corporation (US), and Lanxess (Germany), among others. New product and technology development was the major growth strategy adopted by the market players between 2015 and 2018 to enhance their regional footprint and meet the growing demand for spiral membrane in the emerging economies.
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Download PDF Brochure for more industry
insights: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=14994326
Browse 72 market data Tables and 35 Figures spread through 123 Pages and in-depth TOC on "Spiral Membrane Market"
New product and technology development was the key strategy adopted by the major players to strengthen their position in the spiral membrane market between 2015 and 2018. Partnerships, agreements & collaborations accounted for a share of 50.0% of the total growth strategies adopted by the leading players of the spiral membrane market between 2015 and 2018. Companies operating in the spiral membrane market have also adopted the strategy of new product and technology development which has helped them fulfill the emerging need for spiral membranes technology in various industries.
DowDuPont (US) has gained a strong foothold in the spiral membrane market. The company is backed by its extremely strong and in-depth product portfolio of membrane technologies. The company continuously aims to create value for the customer through its diversified and market-driven portfolio in various businesses. The major reason for DowDuPont maintaining its market position is the successful leveraging of cost and scale advantage in addition to the strong worldwide presence. The company focuses on continuous R&D and innovation in an attempt to solving some of the world’s most challenging problems such as the need for clean water, increasing agricultural productivity, clean energy generation, and conservation.
Pentair plc (US) is another major player operating in the spiral membrane market. The company has held several exhibitions to increase its market awareness and presence and has also launched new products regularly. The company focused on acquisition as its major business strategy for its overall growth of the company. For instance, in 2016, the company acquired TCK Membrane America Inc. (Calif), a manufacturer of CSM RO/NF membranes. In addition, the other business strategy followed by the company also adopts other business strategies is to grow its network through various supply contracts with its expertise in the entire spectrum of high-performance spiral membranes including RO membranes, NF membranes, UF membranes, MF membranes, and membrane bioreactors (MBR).
Based on end-use industry, the water & wastewater treatment segment is projected to grow at the highest CAGR from 2018 to 2023. Spiral membranes are widely used in various industries such as food & beverage, pharmaceutical, chemical & petrochemical, and textile industries. The technology is used for water treatment and manufacturing processes. In addition to this, the presence of stringent regulations in various countries for effluent discharge is also a major factor for the large size of this segment. The R&D departments of manufacturing companies are carrying out research to widen the application areas, which is expected to drive the Spiral Membrane Market during the forecast period.
The Spiral Membrane Market in the APAC region possesses immense potential for growth.
Increasing awareness of water and wastewater treatment and rising scarcity of fresh water are expected to fuel the demand for ultrafiltration during the forecast period. China, India, and Japan are some of the key countries in the region contributing significantly towards the growth of the Spiral Membrane Market in the APAC region.
Some of the key players in the Spiral Membrane Market are DowDuPont Inc. (US), Toray Industries, Inc. (US), Hydranautics (US), LG Water Solutions (South Korea), SUEZ Water Technologies and Solutions (France), Merck Group (Germany), Pentair plc (US), Koch Membrane Systems (US), Pall Corporation (US), and Lanxess (Germany), among others. New product and technology development was the major growth strategy adopted by the market players between 2015 and 2018 to enhance their regional footprint and meet the growing demand for spiral membrane in the emerging economies.
Early buyers will receive 10% customization on this report.
Don't miss out on business opportunities in Spiral Membrane Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=14994326
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
Membracon (UK) Ltd is a Global leader in Ultrafiltration Spiral Membranes. Visit us for more information. Thanks for the information.
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