The report provides analysis of global Membrane Microfiltration market for the period 2016-2026, wherein 2019 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global Membrane Microfiltration market is expected to grow at noteworthy CAGR around 7.1 % throughout the forecast period and reach around US$ 6.9 billion by 2026.
This increase can be attributed to the increasing popularity of microfilters as a viable alternative to thermal processing for reducing bacteria and improving the dairy product's shelf life. Increasing demand from milk processing applications is still the key trend for the growth of membrane microfiltration markets according to the ARC study. Another important trend that influences the growth of the microfiltration membrane market is the growing adoption of the membrane technique for cross-flow filtration in water-powered plants, the ARC report explains.
Microfiltration manufacturers are developing robust and durable microfiltration systems that incorporate large filter cartridges, resulting in optimum space utilization and lower maintenance costs. "The preference for continuous fermentation over batch processing is stepping up with the proactive application of membrane microfiltration techniques by industrial ecosystems. This is expected to have a positive impact over the forecast period on the growth of the membrane microfiltration market, "the ARC report notes.
Compared to other regional membrane microfiltration markets, China is probably experiencing rapid growth, with Chinese industrialization approaching its height. The membrane microfiltration companies can improve their market share and sustainability by establishing powerful supply chains in rapidly-growing regions.
Physical separation is used for the use of membrane microfiltration. Micro filtration can be used for various water treatment procedures when a liquid is required to remove particles with a diameter greater than 0,1 um. They are used in pharmaceutical companies for sterilization and to prevent contamination. Microfiltration is used in the food and beverage industry to separate various components to get different products. Water scarcity and worldwide need for good water, biopharmaceutical industry growth and processed food industry growth are driving the growth of the market. In addition, an increased demand in both developed and developing countries for water treatment, water disposal and waste water treatment opens up market growth opportunities.
The technique for diaphragm microfiltration is widely used in post-aeration treatment. Microfiltration membranes are also used for household plumping applications, in addition to being integrated in water treatment plants. The cost effectiveness of microfiltration membranes is a main advantage, making it a workable offering for all end-use industries. Microfiltration membranes usually monitor themselves and undergo changes that are necessary, as and when necessary, as a key driver of growth in the membrane microfiltration market.
In terms of their potential to reduce energy costs and bio waste, membrane-microfiltration, as per the ARC research study, is extensively utilized in biofuel and in organic refineries. In cases of biodiesel processes, in which this technology is used for water recovery, particularly in areas that are water scarce, the use of membrane microfiltration is significantly removed. As a viable technology, membrane microfiltration is widely used for the bifurcation and purification of food & drink products in the food & beverage area. In turn, this continues to be a key driver of growth in membrane microfiltration. According to TMR analysis, water treatment plants remain one of the main applications in membrane microfiltration because it is used before treatment to remove unwanted particles from the water. A growing demand for drinking water of high quality remains a major growth pace on the microfiltration membrane market.
The growth of the global membrane microfiltration market is primarily the result of the growing number of industrial applications using membrane microfiltration technique. Filtration continues to be necessary in the case of production of biopharmaceuticals and membrane microfiltration in remove the cell waste, thus providing the stakeholders on the membrane microfiltration market with sustained opportunities. The use of membrane microfiltration technique in biopharmaceutical production is estimated to begin in future, given the skyrocketing rate in which large-molecule biopharmaceuticals are adopted due to their therapeutic properties.
ARC is extrapolating an optimistic perspective for the key market participants in the membrane microfiltration during the forecast period, given that new and broader applications for membrane microfiltration technology come into play. In addition to two key application areas in the membrane microfiltration market, food and beverages and water treatment, an increasing number of new applications also arise for market players to leverage advanced offers.
Growth Enabler of Membrane Microfiltration Market
According to ARC research, both in biofuel and in biorefineries membrane microfiltration finds extensive application due to the ability to reduce energy costs and bio-waste. In biodiesel processes, this technology is used to reuse water, particularly in areas with water scarcity, the use of membrane microfiltration is significantly disappointed.
As a viable technology, membrane microfiltration finds extensive acceptance in space for food & beverage bifurcation and food and drink cleaning. This, in turn, remains an important growth driver in the microfiltration membrane market. ARC analysis reveals that water treatment plants remain one of the main areas of application for membrane microfiltration, as this technique is used for disposal of undesirable particles from the water before being treated. The increasing demand for drinking water is still a key growth pace in membrane microfiltration.
The growth of the world market for microfiltration membrane is mainly due to the growing number of industrial applications using the membrane microfiltration technology. In biopharmaceuticals, filtration remains vital and membrane microfiltration continues to be useful to remove cellular waste, creating a lasting opportunity for membrane microfiltration stakeholders. Based on their therapeutic properties, the use of membrane microfiltration in the production of biopharmaceuticals is projected to start in the future with skyrocketing adoption rates of major molecular biopharmaceuticals.
Membrane Microfiltration Market by Material Type
Membrane Microfiltration Market by Application
Global Membrane Microfiltration Market, by Geography
The market research study on “Membrane Microfiltration Market (By Material Type: Direct Flow Membranes, Cross Flow Membranes; By Application: Biopharmaceutical Processing, Dairy & Food Processing, Water Treatment Application, Chemical Application, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on global Membrane Microfiltration market segments with market dynamics and their impact. The report provides insights on global Membrane Microfiltration market by equipment, by application, by distribution Channel and major geographic regions. The report also covers basic technology development policies.
The report offers an overview of the market and statistical diagrams to support the expected figures. Our analysts predict the market scope and future prospects in an insightful way. The Acumen Research and Consulting report contains a comprehensive analysis of the global market in Membrane Microfiltration segmented by molecular type, test type and region. The report outlines numerous growth strategies implemented by companies as well as the latest market trends. The market share and current position of all leading players are discussed in detail. It analyzes players ' new revenue sources and highlights the different strategies.
The Membrane Microfiltration market is consolidated with large number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. The key players of the market are GE Water & Process Technologies, 3 M Purification Solutions, Alfa Laval AB, Hyfflux Limited, Kubota Corp. EMD Millipore Corporation, Koch Membrane Systems Inc. Sartorius Stedim Biotech S.A., Danaher Corp. (Pall Corp.) among others.
With the attendance of many small and medium-sized manufacturers, the market is fragmented. The strong presence of local manufacturers and suppliers, particularly in China, is one of the main reasons for market fragmentation. In addition, companies focus on product adaptation, strategic partnerships and new customer acquisitions to gain more market shares.
The growing inclination towards ceramic membranes is one of the key obstacles to the growth of the membrane microfiltration industry. Ceramic membranes last longer than polymeric membranes with a relatively smaller maintenance cost. In addition, ceramic membranes provide outstanding process stability and superlative resistance to high pressure, which are one of the main advantages of demand. These advantages associated with ceramic membranes pose major challenges for membrane microfiltration manufacturers and therefore detract from the growth of the membrane microfiltration market.
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