Hollow Fiber Ceramic Membrane Market
Hollow Fiber Ceramic Membrane Market (Application - Ultrafiltration, Microfiltration, Nanofiltration; End-use - Biotechnology, Chemical Processing, Water & Wastewater Processing, Pharmaceuticals, Food & Beverage Processing) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2025
- Category : Chemicals & Materials
- Format :
Press Release :
Global Hollow Fiber Ceramic Membrane Market: Snapshot
The global hollow fiber ceramic membrane market is prognosticated to expect high growth opportunities birthing with the rise in demand observed in chemical processing, water and wastewater treatment, and pharmaceutical industries. Manufacturers could increase sales in the global hollow fiber ceramic membrane market as municipalities show improved uptake of their products. On the other hand, reduced installation expenses and affordable cost of products are projected to augur well for the global hollow fiber ceramic membrane market.
The global hollow fiber ceramic membrane market is envisaged to register an 11.0% CAGR during the forecast period 2016-2025. In 2016, the global hollow fiber ceramic membrane market secured a valuation of US$99.0 mn.
Ideal Use in Water Industry Catapults Growth of Microfiltration Market
On the basis of application, the global hollow fiber ceramic membrane market is classified into three segments, viz. nanofiltration, microfiltration, and ultrafiltration. According to the report, microfiltration is forecast to account for a larger part of the global hollow fiber ceramic membrane market in terms of value. In 2016, it collected a 40.0% share of the global hollow fiber ceramic membrane market. However, nanofiltration could show quicker growth in the global hollow fiber ceramic membrane market as it logs a more than 13.0% CAGR during the said forecast period.
As for microfiltration membranes, they are predicted to gain higher demand in the global hollow fiber ceramic membrane market due to their ideal use in a number of industries such as water, paper, paints and coatings, biological, pharmaceutical, food, and dairy. Nanofiltration membranes are also used in several industries and for concentrating dyes and sugar.
By end use, the global hollow fiber ceramic membrane market is segregated into food and beverage, pharmaceutical, water and wastewater processing, chemical processing, and biotechnology. Amongst these segments, water and wastewater processing is prophesied to bag a lion’s share of the global hollow fiber ceramic membrane market. Increased expenditure on infrastructure development coupled with rising demand for smart infrastructure could boost the growth of the water and wastewater processing hollow fiber ceramic membrane market.
Rise in Shortage of Freshwater to Help Asia Pacific to Fuel Demand
The global hollow fiber ceramic membrane market is foreseen to witness the dominance of Asia Pacific in the next few years. In 2016, the region took control of a colossal share of the global hollow fiber ceramic membrane market. Rising reclamation requirements and wastewater treatment standards could push the growth of the hollow fiber ceramic membrane market in the region. Increase in the scarcity of freshwater and improved awareness about membrane systems are envisioned to raise more demand in the regional hollow fiber ceramic membrane market.
North America could show moderate growth rate whereas Europe is expected to slow down growth because of its mature market status. However, North America could bank on commercial and industrial development and telling demand for hollow fiber ceramic membrane to treat wastewater in the U.S.
The global hollow fiber ceramic membrane market includes top players such as CoorsTek, Inc., Atech Innovations GmbH, and Media and Process Technology Inc.
Hollow Fiber Ceramic Membrane Market to Gain from Rising Need for Treating Wastewater
The need for wastewater treatment is likely to aid in expansion of the global hollow fiber ceramic membrane market in the years to come. With the critical ascent in the worldwide populace, the requirement for spotless and consumable water has expanded, increasing the prerequisite for wastewater treatment. There are wastewater treatment units at each region, which gather wastewater through sewers and treat it for reutilization. Since the nature of wastewater treated through empty fiber artistic layers is acceptable and reusable, the water that is treated can be directly provided to occupants or unloaded in oceans without contaminating them. These advantages of empty fiber earthenware layers have expanded their use in wastewater treatment, bringing about a colossal development in the worldwide empty fiber artistic film market.
With the huge ascent in the worldwide populace, the requirement for perfect and consumable water has expanded, increasing the necessity for wastewater treatment. There are wastewater treatment units at each district, which gather wastewater through sewers and treat it for reutilization. Since the nature of wastewater treated through hollow fiber ceramic membranes is hygienic and reusable, this water can directly be provided to occupants or unloaded in oceans without polluting them. These advantages of hollow fiber ceramic membranes have expanded their use in wastewater treatment, bringing about a gigantic development in the worldwide hollow fiber ceramic layer market.
The expanding interest for hollow fiber ceramic membranes in substance handling and the drug businesses is setting out new development open doors for this market. Makers will likewise acquire generously from the flooding take-up of items with these membranes in district workplaces for wastewater treatment over the course of the following not many years. Aside from this, the accessibility of cost-effective items and diminished establishment cost are required to add to the development of the worldwide hollow fiber ceramic film market in the years to come.
Hollow Fiber Ceramic Membrane Market: Overview
This report analyzes and forecasts the market for hollow fiber ceramic membranes at the global and regional level. The market has been forecast based on revenue (US$ Mn) and volume (thousand square meter) from 2016 to 2025. The study includes drivers and restraints of the global hollow fiber ceramic membrane market. It also covers the impact of these drivers and restraints on demand for hollow fiber ceramic membranes during the forecast period. The report also highlights opportunities in the hollow fiber ceramic membrane market at the global level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global hollow fiber ceramic membrane market. Porter’s Five Forces model for the hollow fiber ceramic membrane market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global hollow fiber ceramic membrane market by segmenting it in terms of application, and end-use. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecasted demand for hollow fiber ceramic membranes in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual end-user segments in all the regions.
The study includes profiles of major companies operating in the global hollow fiber ceramic membrane market. Key players profiled in the hollow fiber ceramic membrane market include Media and Process Technology Inc., Atech Innovations GmbH, CoorsTek, Inc., MICRODYN-NADIR GmbH, Nanostone Water, Inc., Koch Membrane Systems, Inc., TAMI Industries., Qua Water Technologies Private Limited, Ceraflo Pte Limited, and i2M LLC. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The report provides the estimated market size of hollow fiber ceramic membrane for 2016 and forecast for the next nine years. The global market size of hollow fiber ceramic membrane has been provided in terms of revenue and thousand square meter. Market numbers have been estimated based on application, and end-use segments of the hollow fiber ceramic membrane market. Market size and forecast for each application, and end-user have been provided in terms of the global and regional market.
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players operating in the various end-use industries, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, market reports, news articles, press releases, webcasts specific to companies operating in the market, American Membrane Technology Association, U.S. Environment Protection Agency (EPA), International Trade Administration, International Water Association (IWA), Small Business Innovation Research (SBIR), European Commission (EC), and American Water Works Association (AWWA).
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
Key Takeaways
- An extensive analysis of the HFCM market trends and shares from 2016 to 2025 to identify the market opportunities and analyze industry development
- Production output by region
- List of key developments in HFCM market made by key players
- List of key factors responsible for building the upcoming opportunistic roadmap for the HFCM market at a global, regional, and country level
- Comprehensive analysis with respect to investments, and price trends that impact the outlook of the global HFCM market between 2016 and 2025
- The report provides insights into market opportunities for various stakeholders in the value chain and a detailed competition landscape for key players dominating the industry to understand competition level
- Porters’ Five Forces highlight the potency of buyers and suppliers and enable stakeholders to make profit-oriented business decisions. They analyze the strengths and weaknesses to gain strategic position in the market.
