The membrane contactor market size is estimated to be USD 257 million in 2020 and projected to reach USD 340 million by 2025, growing at a CAGR of 5.8% from 2020 to 2025. Membrane contactors are globally used for degassing industrial liquids and have gradually displaced older technologies such as vacuum towers, forced draft deaerators, and oxygen scavengers. The increasing use of membrane contactors in degassing applications and their preference over other conventional equipment—such as vacuum towers and packed towers—have boosted their demand in recent years.
Based on region, the membrane contactor market has been segmented into Asia Pacific, North America, Europe, the Middle East & Africa, and South America. The market is witnessing steady growth, and this trend is expected to continue during the forecast period. Asia Pacific accounted for the largest market share in 2019, with the market in this region also expected to witness the highest growth rate during the forecast period. Rising population, growing industrialization, increasing awareness about water and wastewater treatment, and shift from chemical water treatment to physical water treatment have contributed to the high demand for membrane contactors in this region.
To know about the assumptions considered for the study download the pdf brochure
Key players in the membrane contactor market comprises manufacturers as well as system integrators. The membrane contactor market is highly capital-intensive, with only a few players operating in the market. One of these players, 3M Company, commercialized the application of membrane contactors under the brand name Liqui-Cel, while another, Cobetter Filtration Equipment Co. Ltd., a market player from China, provides membrane contactors under the brand name Arrowforce. Apart from these, other players offer their own patented technologies, such as Dainipoon Ink’s and Chemicals Incorporated’s Separel Hollow Fiber Membrane Degassing Modules, and DuPont’s Ligasep Degasification Modules. Various system integrators using membrane contactor technology are Romfil GmbH (Germany), JU.CLA.S Srl (Italy), Veolia Environnement SA (France), KH TEC GmbH (Germany), Hydro-Elektrik GmbH (Germany), Pure Water Group (Netherlands), and EUROWATER (Denmark), PTI Pacific Pty. Ltd. (Australia), Kværner ASA (Norway), Lenntech B.V.(Netherlands), Compact Membrane Systems (CMS) (US), and Euwa H. H. Eumann GmbH (Euwa) (Germany).
3M Company (U.S.) is the single largest provider and marketer of membrane contactors across the globe. The company provides a broad product portfolio in membrane contactors which are capable of adding gases to or removing dissolved gases and bubbles from compatible liquid streams. The membrane contactors offered by The 3M Company uses hollow fiber membrane technology that helps in enhancing improve operating efficiency, performance and protect product quality. The membrane contactors offered by the company are used to serve many clients around the world for sectors such as, pharmaceuticals, water treatment, beverages, inkjet printing, coating application, degassing, and many more.
Most of the System integrators such as Romfil GmbH (Germany), JU.CLA.S Srl (Italy), KH TEC GmbH (Germany), Hydro-Elektrik GmbH (Germany), Pure Water Group (Netherlands), EUROWATER (Denmark), PTI Pacific Pty. Ltd. (Australia), Kvaerner ASA (Norway), Lenntech B.V.(Netherlands), Compact Membrane Systems (CMS) (US), and Euwa H. H. Eumann GmbH (Euwa) (Germany) uses membrane contactors offered by 3M Company. Since, 3M practically dominates this market, the lead time for the product delivery is high.
Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=166558134
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Address:630 Dundee Road Suite 430
State: IL 60062
Country: United States