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From 2024–2031, the hollow fiber membrane market is predicted to grow from an initial valuation of $9.49B at a CAGR of 10.4 percent. By 2030, the membranes sector will see a rise in product penetration due to technological developments in wastewater management in industrialized countries.
Compact and very flexible, hollow fiber membranes (HFMs) are ideal for a variety of applications. Plants that prepare food and drink, as well as those that treat wastewater, are showing a great deal of interest in HFMs. In the past, waste treatment facilities were required worldwide due to contamination of drinking water. A growing number of businesses are establishing a foothold in the waste treatment industry by investing in the necessary infrastructure.
One type of synthetic membrane is the hollow fiber membrane, which is a semi-permeable barrier. Just so we're clear, reverse osmosis was the original intent when this product was born in 1960. Desalination, cell culture, and water treatment are some of their current applications. Plus, they're useful in fields like tissue engineering and medicine. Commercially available hollow fiber membranes are supposedly available in cartridges that can be used for a variety of liquid and gaseous separations.
More water treatment facilities will spring up around the globe as a result of strict regulatory requirements imposed by different governments on the use of polluted water by the public. The United States has established rules to control polluted water, such as the Clean Water Act and the National Primary Drinking Water Regulations (NPDWR). The demand for water treatment facilities is projected to rise due to these hollow fiber membrane market trends, which will further fuel product demand by 2026.
By 2026, the coronavirus pandemic is not anticipated to significantly affect the sales of hollow fiber membranes. This is because purified water is in high demand all around the globe in the aftermath of the outbreak. From 2019 to 2020, the use of freshwater was prolonged due to an increased emphasis on washing hands often, along with concerns about hygiene and safety. The wastewater treatment sector may also experience encouraging growth after 2020, which would be good news for countries with insufficient water supplies and contribute to global revenue production.
The future of the global hollow fiber membranes market is bright, thanks to the booming biopharmaceutical sector and companies' increasing emphasis on creating biologics and biosimilars. Products with desirable properties, such as high-pressure resistance, high-density packaging, and high permeability, are in great demand across a variety of industries. There will be a huge need for hollow fiber membranes in the future due to the thermic fluids' rising popularity. Worldwide, consumer preferences will be driven by the increasing prevalence of disposable systems and the need for continuous production. Global market expansion in the coming years will be supported by the product's ability to eliminate water pathogens and pollutants.
Since there aren't enough water storage facilities and drinking water is hard to get by, more than 65 percent of the world's population experiences water scarcity annually, says UNICEF. This will have a positive impact on the expansion of the worldwide market going forward. Gains in the worldwide market will be boosted by the introduction of new products and smart acquisitions. To illustrate the point, in November 2019, the environmental consulting service providing firm Eco-Tec Incorporation was bought out by Koch Membrane Systems, Inc., a major producer of tubular and hollow fiber membranes. This change will certainly increase the former's product offerings and have a significant impact on the size of the global market.
Report Coverage
Global Hollow Fiber Membranes research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Hollow Fiber Membranes report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Hollow Fiber Membranes competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Hollow Fiber Membranes market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Hollow Fiber Membranes market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Hollow Fiber Membranes market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Daicen Corporation, Mitsubishi Chemicals, Polymem France, Asahi Kasei Corporation, Kuraray, Pentair, DowDuPont, Toray Industries, Synder Filtration, Toyobo, Microdyn Nadir, Lenntech, Koch Membranes, LG Chemicals, Spintek, Evonik Industries, and others.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Hollow Fiber Membranes market based on the below-mentioned segments:
Global Hollow Fiber Membranes Market, By Filtration Type
Microfiltration
Ultrafiltration
Reverse Osmosis
Global Hollow Fiber Membranes market, By Membrane Material
Polymer
Ceramic
Global Hollow Fiber Membranes Market, By End User
Water & Waste Water Treatment
Food & Beverages
Biotechnology
Pharmaceuticals & Chemicals
Global Hollow Fiber Membranes market, Regional Analysis
Compact and very flexible, hollow fiber membranes (HFMs) are ideal for a variety of applications. Plants that prepare food and drink, as well as those that treat wastewater, are showing a great deal of interest in HFMs. In the past, waste treatment facilities were required worldwide due to contamination of drinking water. A growing number of businesses are establishing a foothold in the waste treatment industry by investing in the necessary infrastructure.
One type of synthetic membrane is the hollow fiber membrane, which is a semi-permeable barrier. Just so we're clear, reverse osmosis was the original intent when this product was born in 1960. Desalination, cell culture, and water treatment are some of their current applications. Plus, they're useful in fields like tissue engineering and medicine. Commercially available hollow fiber membranes are supposedly available in cartridges that can be used for a variety of liquid and gaseous separations.
More water treatment facilities will spring up around the globe as a result of strict regulatory requirements imposed by different governments on the use of polluted water by the public. The United States has established rules to control polluted water, such as the Clean Water Act and the National Primary Drinking Water Regulations (NPDWR). The demand for water treatment facilities is projected to rise due to these hollow fiber membrane market trends, which will further fuel product demand by 2026.
By 2026, the coronavirus pandemic is not anticipated to significantly affect the sales of hollow fiber membranes. This is because purified water is in high demand all around the globe in the aftermath of the outbreak. From 2019 to 2020, the use of freshwater was prolonged due to an increased emphasis on washing hands often, along with concerns about hygiene and safety. The wastewater treatment sector may also experience encouraging growth after 2020, which would be good news for countries with insufficient water supplies and contribute to global revenue production.
The future of the global hollow fiber membranes market is bright, thanks to the booming biopharmaceutical sector and companies' increasing emphasis on creating biologics and biosimilars. Products with desirable properties, such as high-pressure resistance, high-density packaging, and high permeability, are in great demand across a variety of industries. There will be a huge need for hollow fiber membranes in the future due to the thermic fluids' rising popularity. Worldwide, consumer preferences will be driven by the increasing prevalence of disposable systems and the need for continuous production. Global market expansion in the coming years will be supported by the product's ability to eliminate water pathogens and pollutants.
Since there aren't enough water storage facilities and drinking water is hard to get by, more than 65 percent of the world's population experiences water scarcity annually, says UNICEF. This will have a positive impact on the expansion of the worldwide market going forward. Gains in the worldwide market will be boosted by the introduction of new products and smart acquisitions. To illustrate the point, in November 2019, the environmental consulting service providing firm Eco-Tec Incorporation was bought out by Koch Membrane Systems, Inc., a major producer of tubular and hollow fiber membranes. This change will certainly increase the former's product offerings and have a significant impact on the size of the global market.
Report Coverage
Global Hollow Fiber Membranes research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Hollow Fiber Membranes report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Hollow Fiber Membranes competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Hollow Fiber Membranes market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Daicen Corporation, Mitsubishi Chemicals, Polymem France, Asahi Kasei Corporation, Kuraray, Pentair, DowDuPont, Toray Industries, Synder Filtration, Toyobo, Microdyn Nadir, Lenntech, Koch Membranes, LG Chemicals, Spintek, Evonik Industries, and others. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Hollow Fiber Membranes Market from 2021 to 2031.
- Market Forecast for Hollow Fiber Membranes Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Hollow Fiber Membranes competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Hollow Fiber Membranes
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Hollow Fiber Membranes market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Hollow Fiber Membranes market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Daicen Corporation, Mitsubishi Chemicals, Polymem France, Asahi Kasei Corporation, Kuraray, Pentair, DowDuPont, Toray Industries, Synder Filtration, Toyobo, Microdyn Nadir, Lenntech, Koch Membranes, LG Chemicals, Spintek, Evonik Industries, and others.
Primary Target Market
- Market Players of Hollow Fiber Membranes
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Hollow Fiber Membranes market based on the below-mentioned segments:
Global Hollow Fiber Membranes Market, By Filtration Type
Microfiltration
Ultrafiltration
Reverse Osmosis
Global Hollow Fiber Membranes market, By Membrane Material
Polymer
Ceramic
Global Hollow Fiber Membranes Market, By End User
Water & Waste Water Treatment
Food & Beverages
Biotechnology
Pharmaceuticals & Chemicals
Global Hollow Fiber Membranes market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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