According to Technavio’s latest market research study, the global RO membrane market is expected to grow at a CAGR of more than 9% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global reverse osmosis (RO) membrane market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the application type
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The top three revenue contributing application segments are discussed below
Global RO membrane market for desalination systems: Desalination systems help in reducing the impact of water deficiency which is caused by rising population and rapid industrial expansion. Technavio’s industry analysts estimate the global RO membrane market for desalination systems to account for a revenue of around USD 4 billion by 2021.
“These systems aid in eliminating minerals and salts from the sea and brackish water, thereby producing clean and sterile water that is potable,” says Ajay Adikhari, a lead analyst at Technavio for research on bio-chemicals and bio-materials.
Global RO membrane market for Reverse osmosis purification systems: RO is a procedure of solvent demineralization wherein saline water is passed through a porous or semipermeable membrane to eliminate ions, molecules, bacteria, and other impurities to make it suitable for drinking. The semipermeable membrane is primarily made of two materials: Cellulose acetate and an aromatic polyamide. The growth of this segment is attributable to the growing health concerns, saline water purification processes, growing population and economy, water deficiency, and desalination networks.
Global RO membrane market for other applications: Other applications of RO membranes include medical devices and diagnostics. Resilience, porosity, permeability, durability, selectivity, energy efficiency, and economical nature of the membranes fuel the demand for RO membranes from its other application segments. These membranes are used to produce processed water for dialysis in hospitals, to sterilize medical apparatus, and in pharmaceuticals. The RO membrane market for other applications is expected to register growth at a CAGR of around 9% between 2017 and 2021.
The top vendors operating in the global RO membrane market are:
- The Dow Chemical Company
- General Electric
- Koch Membrane Systems
- Toray Group
- Toyobo
Other prominent vendors in the market include Applied Membranes, NanOasis, Nitto Denko, Xylem PCI membranes, and Pure Aqua.
A more detailed analysis is available in the Technavio report titled, ‘Global RO Membrane Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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