Global membrane technology market is likely to witness growth on account of increasing application in pharmaceutical, biotechnology and food & beverage industries. This technology is likely to witness growth in energy recovering and environment protection methods owing to its application in separation of liquid and gaseous streams. The separation process by membrane technology induces reduction in energy consumption unlike other processes such as sublimation, crystallization and distillation.
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Increasing application for deployment of membrane materials in food & beverage industry owing to low energy consumption along with adaptive temperature change offering is expected to augment the market growth in near future. The deployment of membrane technology in pharmaceutical industry for purification, separation and concentration processes is likely to be a favorable factor for the market over the forecast period.
Application of membrane technology in reducing effluent levels for waste water treatment owing to increasing heath concerns and occurrences of water borne diseases is expected to promote the market growth. Membrane fouling over a period of time and availability of expensive membrane materials while replacing the foul membranes is likely to hinder the industry growth. Limited availability of raw materials for membrane technology market players is expected to be a challenging factor for the industry.
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North America is likely to dominate the global market on account of flourishing biotechnology and pharmaceutical industries in the U.S. In April 2015, American Membrane Technology Association announced the new agreements signed between Water Environment Federation and Water Reuse Association. This agreement is aimed at promoting membrane technologies and applications. Increasing expenditure on membrane technology in numerous organizations, societies and associations is likely to provide new market opportunities for manufacturers over the forecast period.
In 2015, European Commission framed urban waste water treatment directive which is indented for treatment of waste water effectively in the urban areas and thus expected to open new opportunities for the industry in the near future. Asia Pacific is expected to be a promising market over the forecast period on account of positive outlook on pharmaceutical, waste water treatment and food & beverage industries in emerging economies of China and India.
Key players include 3M Healthcare, Amazon Filters, Merck Millipore, Advantech MFS, GE Healthcare, Pall Corporation, Trisep Corporation, Sartorius and Novasep. In 2011, Saint-Gobain, French multinational announced the launch of membrane barrier technique under the name coretech. This technique incorporates a combination of numerous polymers, elastomers and woven substrates for offering robustness and durability, paving its way for use in water treatment, healthcare and petrochemical industries.
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