The global spiral membranes market size is expected to reach USD 13.3 billion by 2027 registering a CAGR of 10.9%, according to a new report by Grand View Research, Inc. Rising demand for spiral membranes in wastewater treatment application is likely to boost the market growth over the forecast period. Growing environmental restrictions on the discharge of untreated wastewater from the municipal and industrial sources have resulted in the growth of the global market for spiral membranes over the past few years.
The growing adoption of reverse osmosis technology has also contributed to the market development. The market is influenced by several regulatory and technology trends, which play a critical role in driving industry growth. Rising demand due to the scarcity of quality drinking water is anticipated to benefit the industry growth. In addition, the growing population has accelerated the depletion of water resources coupled with the contamination of ground and surface water bodies, which has encouraged the adoption of water treatment processes.
Spiral Membranes Market Report Highlights
• Polyamide accounted for the largest market share of over 41% in 2019 and is projected to expand further at a steady CAGR from 2020 to 2027 owing to easy availability and low cost of these polymers
• Reverse osmosis was the largest technology segment in 2019 and accounted for more than 40% of the global market share. The segment is estimated to retain its leading position throughout the forecast period as reverse osmosis technology exhibits a considerably higher recovery rate than the traditional thermal desalination processes
• The water & wastewater treatment end-use segment is projected to account for the maximum revenue share by 2027
• Growing focus on maximizing the recycling of municipal and industrial wastewater discharge is likely to benefit the segment growth
• Asia Pacific is projected to be the fastest-growing regional market from 2020 to 2027 owing to the rapid industrialization.
• China led the APAC regional market in 2019 and is estimated to register a CAGR of 13.2% from 2020 to 2027 mainly due to the implementation of stringent regulations regarding environmental safety.
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Spiral Membranes Market Segmentation
Grand View Research has segmented the global spiral membranes market on the basis of polymer type, technology, end-use, and region:
Spiral Membrane Polymer Type Outlook (Revenue, USD Million, 2016 – 2027)
• Polyamide
• PS & PES
• Fluoropolymers
• Others
Spiral Membrane Technology Outlook (Revenue, USD Million, 2016 – 2027)
• Reverse Osmosis
• Microfiltration
• Ultrafiltration
• Nanofiltration
Spiral Membrane End-use Outlook (Revenue, USD Million, 2016 – 2027)
• Water & Wastewater Treatment
• Industry Processing
• Food & Beverage Processing
• Pharmaceutical & Medical
• Others
Spiral Membrane Regional Outlook (Revenue, USD Million, 2016 – 2027)
• North America
• The U.S.
• Canada
• Mexico
• Europe
• Germany
• The U.K.
• Spain
• Italy
• France
• Russia
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Central and South America
• Brazil
• Argentina
• Middle East & Africa
• Saudi Arabia
• South Africa
List of Key Players of Spiral Membranes Market
• 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
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About Grand View Research
Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. We provide business insights, syndicated research reports, and customized research reports to large as well as small and medium-scale enterprises. Our database features thousands of statistics and in-depth analyses on more than 45 industries. Grand View Research’s extensive database is used by Fortune 500 companies to understand the regional as well as the global business environment.
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