Global tubular membranes market is expected to rise to an estimated value of USD 1395.32 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increased focus and concerns for the environment, as well as lack of the freshwater sources resulting in enhanced focus on water treatment and purification systems.
Tubular membranes market report comprises of historic data along with future forecast and detailed market analysis on a global, local and regional level for chemical industry. Market related factors covered here encompasses but are not limited to latest trends, market segmentation, new market entry, industry forecasting, future directions, opportunity identification, strategic analysis and planning, target market analysis, insights and innovation. The report also endows with the strategically analyzed market research analysis and observant business insights into the most correct markets. This quality report has been formulated with full commitment and transparency in research and analysis which helps increase revenue.
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Few of the major competitors currently working in tubular membranes market are MICRODYN-NADIR; Filtration Group Corporation; Dynatec Systems; Spintek; Pentair plc; Berghof Membranes; Duraflow LLC; Hyflux Ltd.; Athersys Inc.; BASF SE; Lenntech B.V.; Markel Corporation; Synder Filtration, Inc.; Koninklijke DSM N.V.; Koch Membrane Systems, Inc.; Aquaporin A/S; ASTOM Corporation; KATMAJ Filtration; CleaNsep Systems; Advent Envirocare Technology Pvt. Ltd.; SEPRA S.r.l.; M.W. Watermark, L.L.C.; Christian Bürkert GmbH & Co. KG and SUEZ.
Competitive Analysis: Global Tubular Membranes Market
Global tubular membranes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of tubular membranes market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Increasing focus and concerns regarding the reduction of costs associated with ZLD (Zero-Liquid Discharge) systems with membranes usage; this factor is expected to drive the market growth
Presence of strict regulations and compliances regarding the discharge of wastewater from the various end-use verticals; this factor is expected to positively affect the growth of the market
Increasing levels of research and development leading to advancements in technology and components utilized in these products; this factor is expected to drive the growth of the market
Higher focus on the adoption and usage of thermal separation systems; this factor is expected to restrain the growth of the market
High cost of investments and costs associated with the products is expected to restrain the growth of the market
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Segmentation: Global Tubular Membranes Market
By Products Covered
Food & Beverages
Energy & Power
Chemicals & Petrochemicals
Energy & Power
Middle East and Africa
Key Developments in the Market:
In May 2018, Berghof Membranes and Aquaporin A/S announced that they had entered into a joint development agreement (JDA) for the commercialization of tubular forward osmosis membrane technology. The agreement will help in quicker and more efficient development as well as commercialization of tubular membrane technologies for usage in high-strength industrial wastewater along with food & beverage processing applications.
In October 2017, Pentair plc announced the launch of a new tubular membrane to their Compact range of products at the Aquatech 2017. The product termed as “Compact 55G Helix Membrane” is a 10”*4 meter membrane element which will offer higher efficiency and increased versatility in the performance of water treatment and purification.
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Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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