Worldwide Reverse Osmosis (RO) Membrane Market Outlook
The report on “Global Reverse Osmosis Membrane Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast” added by DecisionDatabases.com covers the market overview, market size, growth trends and future market prospects. The report incorporates the reverse osmosis membrane (RO) market analysis on the basis of types and application. The report does an in-depth study of the current market dynamics and future projections using analytical tools such as Porter’s Five Forces Model, value chain analysis, market attractiveness analysis, company share analysis, and brand share analysis.
Reverse osmosis is a process to remove organic molecules and dissolved salts from a solution with the help of a semi-permeable membrane. It helps in the separation of bacteria and dissolves salts from water molecules and thus is an important technology for water purification. The semi-permeable membrane is mainly made up of an aromatic polyamide and cellulose acetate. Growing consumer-awareness about water-borne diseases & water scarcity along with increasing governmental norms regarding water-usage are major growth drivers, which are expected to augment market growth over the coming years. In addition, swing from chemical to physical water treatment is also anticipated to fuel market demand in the near future. However, increasing pre-water treatment by various industries is one of the major restraints, which can hinder market growth over the years.
Increasing stringent regulations on disposal of landfill leachate is also forcing the consumers to use RO membrane in the water purification process due to its effective ultra-filtration technique coupled with an efficient pollutant control method. Over the past few years, rising environmental concerns has sparked the issue of harmful impact from landfill leachate, which in turn has driven RO membrane market. RO technique has evolved as one of the most efficient and promising methods for landfill leachate treatment.
The global reverse osmosis membrane market has been segmented based on types into cellulose-based membranes, and thin film composite membranes. The thin film composite membrane is one of the leading segments and is anticipated to witness a significant growth over the forecast period owing to the stringent water quality regulations and growing health awareness towards using pure water. Furthermore, the global RO membrane market has been segmented by applications into desalination systems, RO purification systems, medical devices, and others. Desalination system is one of the major application segment and is expected to attain the highest growth over the coming years due to rising urbanization & growing economy as well as an increasing demand to purify sea-water to meet unmet demand of consumers even in drought condition.
Geographically, the global reverse osmosis membrane market has been segmented into five major regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA). Central Asia and the Middle East countries have rich resources in fossil energy, but water scarcity is a major problem in the region. Therefore, the introduction of efficient water-technologies to meet drinkable water demands is among the main priorities of regional governments. Growing R&D expenditure for water desalination-process is driving the market growth of the RO membranes in the region, which in turn is helping the economy to meet the rising demand for quality water requirement.
The major industry players include i Toray Industries, Inc., LG Chem, Hydranautics, DOW Water & Process Solutions, Toyobo Co., Ltd., Lanxess AG, Koch Membrane Systems, Inc., GE Water & Process Technologies, Trisep Corporation, and Membranium.
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