Water Treatment Membrane Material Market Size

Water Treatment Membrane Material Market to surpass USD 4.35 billion by 2031 from USD 3.12 billion in 2021 at a CAGR of 3.4% in the coming years, i.e., 2021-31.

Water treatment is a process through which undesired chemicals, particles, or substances are removed to improve the quality of water and to make it appropriate for specific end-use. Membrane filtration technology has become prominent for water treatment because it can remove both organic and inorganic pollutants from the water. Membranes are barriers that allow water to pass through it but block unwanted particles. They are made up of ceramic, polymer, and other materials.

Market Highlights

Water Treatment Membrane Material market is expected to project a notable CAGR of 3.4% in 2031.

As the global population is rising, there is a surge in demand for clean, safe, and potable drinking water due to limited sources of freshwater in the world. With increasing adoption of membrane-based water purifiers by consumers owing to low capital costs and lesser energy requirements, is leading to the rising demand for membranes.

Water Treatment Membrane Material: Segments

Polymeric segment to grow with the highest CAGR during 2021-31

Based on material, Water Treatment Membrane Material market is classified into polymeric and ceramic. Polymeric segment is projected to grow at the highest CAGR during the forecast period. The need for advanced technology for the water filtration process of contaminated water has resulted in the development of advanced polymeric membranes which have high efficiency and performance. Polymeric membranes are cost-effective and have specific separation properties which have increased the adoption of this technology among end users.

Reverse Osmosis segment to grow with the highest CAGR during 2021-31

Water Treatment Membrane material market is fragmented based on technology into nanofiltration, microfiltration, ultrafiltration, and reverse osmosis. Reverse Osmosis segment is projected to grow with the highest CAGR during the forecast period. RO system has the ability to improve the taste, odor, and appearance of the water, which is why even though the water is treated at municipal plants, end users install RO at their homes.

Market Dynamics

Drivers

Rising Industrial activities shrinking freshwater resources and rising population

The water consumption rate is growing rapidly owing to the increase in global population. Demand for pure water for households is the chief responsibility of governments all over the world. Also, rapid industrialization has led to the emissions of toxic chemicals and untreated waste into the water bodies resulting in water degradation and water pollution. Further, the presence of limited freshwater resources has raised concerns for the need of clean water globally. The increasing need for water treatment systems to make treated water reusable for different end users has boosted the demand for the membrane market.

Stringent government regulations

Industrial waste is the major cause of contaminated water as the liquid waste is released into the water bodies without proper treatment. To avoid water contamination, environmental damage, and spread of water-borne diseases the waste should be treated with proper measures. As the global economies are witnessing major water scarcities, governments have imposed strict regulations on industries regarding water treatment, this has led to the upsurge in the usage of membrane technology.

Restraint

Membrane Fouling Issues

Maintenance of membranes for smooth operation is very important. Treatment of water requires regular replacement of membranes which are extra burden for the customers. These regular maintenance costs are unaffordable for the customers. Fouling of membranes is the major factor that can hinder the growth of the membrane market.

Water Treatment Membrane Material: Key Players

DuPont
Toray Industries
Veolia Water Technologies
Pall Corporation
Hinada Water Treatment Tech Co., LTD
Kolon Industries
LG Water Solutions
ALFA LAVAL
WABAG Water Technology Ltd
ClearBakk Water Solutions
Aquatec Maxcon Pty. Ltd
Evoqua Water Technologies
Other Prominent Players

Water Treatment Membrane Material: Regions

Water Treatment Membrane Material market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific region is expected to grow at the highest CAGR during the forecast period owing to the rapid increase in industrialization, rising population, and governments' stringent policies to curb the growing water pollution issues. Lack of access to clean drinking water and industrial waste production will create demand for membrane technology which will further expand the market growth.

Impact of Covid-19 on Water Treatment Membrane Material Market

The market had a negative impact of COVID-19 due to the imposition of lockdowns. Manufacturing units were severely affected by the pandemic which resulted in a reduction in production. Customers' demand also fell extensively owing to the low level of disposable income and lack of availability of service providers. Investments in this market also fell down during the pandemic. Also, decline in demand from large commercial and industrial users due to lockdown has significantly reduced the revenues of the manufacturers.

Water Treatment Membrane Material is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Water Treatment Membrane Material report also contains analysis on:

Water Treatment Membrane Material Segments:

By Material
- Polymeric
- Ceramic
By Technology
- Microfiltration
- Ultrafiltration
- Nanofiltration
- Reverse Osmosis
By End User
- Water & Waste Water Treatment
- Industrial Processing
- Food & Beverages
- Others
Water Treatment Membrane Material Market Dynamics
Water Treatment Membrane Material Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints

Water Treatment Membrane Material Market Report Scope and Segmentation

Report Attribute	Details
Market size value in 2021	USD 3.12 billion
Revenue forecast in 2031	USD 4.35 billion
Growth Rate	CAGR of 3.4% from 2021 to 2031
Base year for estimation	2021
Quantitative units	Revenue in USD million and CAGR from 2021 to 2031
Report coverage	Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered	Material, Technology, End User and Region
Regional scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Key companies profiled	DuPont, Toray Industries, Veolia Water Technologies, Pall Corporation, Hinada Water Treatment Tech Co., LTD, Kolon Industries, LG Water Solutions, ALFA LAVAL, WABAG Water Technology Ltd, ClearBakk Water Solutions, Aquatec Maxcon Pty. Ltd, Evoqua Water Technologies and other prominent players.

Frequently Asked Questions (FAQ):

Water Treatment Membrane Material market size was estimated at USD 3.12 billion in 2021 and is expected to reach USD 4.35 billion in 2031.

Water treatment is a process through which undesired chemicals, particles or substances are removed to improve the quality of water and to make it appropriate for specific end-use.

Polymeric, Reverse Osmosis and Water & Waste Water Treatment accounted for the largest Water Treatment Membrane Material market share.

Key players: DuPont, Toray Industries, Veolia Water Technologies, Pall Corporation, Hinada Water Treatment Tech Co., LTD, Kolon Industries, LG Water Solutions, ALFA LAVAL, WABAG Water Technology Ltd, ClearBakk Water Solutions, Aquatec Maxcon Pty. Ltd, Evoqua Water Technologies are the key players in the Water Treatment Membrane Material market.

Rising industrial activities, shrinking freshwater resources and rising population and stringent government regulations are driving the growth of Water Treatment Membrane Material market.