Ultrafiltration Market Revenue Analysis & Region and Country Forecast To 2026
The global ultrafiltration market is forecast to reach USD 3.05 Billion by 2026, according to a new report by Reports and Data. Ultrafiltration is a membrane filtration in which forces like concentration gradients or pressure lead to a separation through a semipermeable membrane. In wastewater treatment, ultrafiltration devices are used to recycle and reuse water that contains virtually no physical solids.
Ultrafiltration can be used for
removal of macromolecules and particulates and from raw water, to produce
potable water. The process is used to replace existing secondary and tertiary
filtration systems deployed in water-treatment plants or as standalone systems
in secluded regions with growing population. Ultrafiltration processes are
generally preferred over traditional treatment methods as there are no
chemicals required in it, it provides consistent product quality regardless of
feed quality, is of compact size, and is also capable of exceeding regulatory
standards of water quality, achieving 90-100% pathogen removal.
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Key participants Pentair, Dowdupont, Inge,
Pall Corporation, Koch Membrane Systems, 3M, Hydranautics, Hyflux, Toray
Industries, Inc., and Alfa Laval, among others.
Market
Dynamics:
The materials and chemicals market revenue has
expanded significantly over the years and is expected to register robust
revenue growth over the forecast period. Technological advancements, rising
investments in research and development activities, increasing demand for raw
materials in various sectors such as manufacturing, agriculture, food and
beverage, pharmaceutical and biotechnology is boosting market growth. In addition, changes in consumer preference,
rising disposable income especially in the developing economics, rising funds
by several public and private organizations, and increasing demand for
biodegradable products are factors boosting market growth.
Further key findings from the report
suggest
- Municipal treatment held a market share
of 46.7% in the year 2018. Municipal wastewater treatment practice evolved
primarily to accommodate discharge of treated effluents to surface waters,
and not to facilitate the use of effluent on crops. This type of
wastewater treatment typically comprises of three-stage treatment, i.e.,
preliminary treatment, primary treatment, and secondary treatment.
- Polymeric ultrafiltration type is
forecasted to hold a market share of 59.8% in the year 2026. Polymeric
surfactants have been extensively used in ultrafiltration processes such
as membrane cleaning, removal of surfactants or other organic toxic
compounds and metal ions from solutions, and estimation of interactions at
surfactant and membrane interface.
- Hollow Fibre is forecasted to grow with a
CAGR of 15.6% during the forecast period. Ultrafiltration was firstly
developed in the ’70s for liquid treatment, notably in the dairy Industry.
With its strong development for drinking water at a large scale,
ultrafiltration on hollow fiber membrane is now known as a clean,
efficient and inexpensive technique for water purification in domestic and
industrial fields.
- Asia Pacific held the largest market
share of 43.4% in the year 2018. The region provides a lucrative
opportunity for the ultrafiltration market. The rise in awareness of water
and wastewater treatment and growing scarcity of freshwater are expected
to propel the demand for ultrafiltration during the forecast period.
- In April 2018, Pentair announced that it
would build an innovation center in North Carolina. The center is expected
to help in innovating products for swimming pools and other water
treatment solutions. This development will help the company broaden its water
treatment portfolio by launching new products.
To identify the
key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/ultrafiltration-market
For the purpose of this report,
Reports and Data have segmented into the global Ultrafiltration market on the
basis of type, module, application, and region:
Type Outlook
(Revenue, USD Billion; 2016-2026)
- Polymeric
- Ceramic
Module Outlook (Revenue,
USD Billion; 2016-2026)
- Hollow Fibre
- Plate and Frame
- Tubular
- Others
Applications
Outlook (Revenue, USD Billion; 2016-2026)
- Municipal Treatment
- Industrial Treatment
- Others
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Regional Outlook
(Revenue, USD Billion; 2016-2026)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
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