Microfiltration Membrane Market

Microfiltration Membrane Market - An Overview

The global microfiltration membrane market is expected to witness moderate growth during the forecast period between 2021 and 2031.

A microfiltration membrane helps to remove water contaminants, using a pore-sized membrane. It functions on the principle of physical separation and a membrane that has a pore size in the range between 0.1-10 µm is considered suitable for the microfiltration process.

Microfiltration membranes have been used in the sterilization process in pharmaceutical industries in the last few years, in a bid to remove the contaminants.

The therapeutic features of microfiltration membranes have made them suitable in biopharmaceutics production, as well.

Microfiltration membrane manufacturers are looking to develop membranes, which can incorporate large filter cartridges, leading to reduced maintenance costs and improved space utilization.

Microfiltration Membrane Market - Trends and Opportunities

Growth in the biopharmaceutical and processed food industries is the key growth driver for the global microfiltration membrane market.

Also, rising need for wastewater treatment in several parts of the world is anticipated to propel the overall microfiltration membrane market, in the coming years.

In addition to this, the removal of microfibers from textile wastewater using wastewater treatment procedures could bolster the microfiltration membrane market, in future.

Technological advancements to microfiltration membranes are also expected to fuel the growth in the microfiltration membrane market, in the years ahead.

The pharmaceutical end-use industry is expected to be the largest contributor to the overall microfiltration membrane market, as the industry could witness the highest demand for wastewater treatment in the next few years.

The cross-flow filtration mode is anticipated to contribute the most to the overall microfiltration membrane market, in future owing to an expected increase in cross-flow filtration demand across industries.

Microfiltration Membrane Market - Competitive Landscape

The global microfiltration membrane market comprises several well-established players, many of whom are expected to hold a large share in the overall microfiltration membrane market, in the coming years.

Research and development activities are expected to be a key growth strategy for several microfiltration membrane market players, in the years ahead.

The smaller players in the microfiltration membrane market will seek investments from governments and private investors, which would help them in their long-term growth.

Some of the key players in the global microfiltration membrane market include GE Water & Process Technologies, Alfa Laval AB, 3M Technologies, EMD Millipore Corporation, Kubota Corporation, and Koch Membrane Systems Inc.

Microfiltration Membrane Market - Regional Assessment

The global microfiltration membrane market is classified into five regions, namely, North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.

Asia Pacific has emerged as the dominant region in the global microfiltration membrane market, in the last few years. Factors such as rising requirement for wastewater treatment, increasing regulatory standards in countries such as India and China have driven the overall microfiltration membrane market, in the region.

Also, desalination of water to prevent excess water shortage, particularly in developing economies could also propel the microfiltration membrane market, in the region.

In addition to this, rapid industrialization in countries such as India and China is expected to positively impact the microfiltration membrane market. Asia Pacific is expected to be the leader in the overall market, in the coming years as well.

North America and Europe are expected to stand second and third, respectively in the global microfiltration membrane market, in the years ahead.

The presence of well-established players in countries such as the U.S and UK as well as a large number of waste-water treatment plants in both regions are expected to bolster the microfiltration membrane market, in Europe.

Other regions such as Middle East and Africa and Latin America are expected to witness moderate growth in the microfiltration membrane market, in future.