Membrane Filtration Market by Application, Type, Region - 2023

1. MarketsandMarkets Presents Membrane Filtration Market by Application, Type, Region - 2023

2. The report "Membrane Filtration Market by Type (RO, MF, UF, NF), Application (Water & Wastewater, Dairy Products, Drinks & Concentrates), Membrane Material (Polymeric, Ceramic), Module Design (Spiral, Tubular), and Region - Global Forecast to 2023", The membrane filtration market is estimated to be valued at USD 12.66 Billion in 2018 and is projected to reach USD 17.34 Billion by 2023, at a CAGR of 6.5% from 2018. The Asia Pacific region is projected to grow at the highest CAGR during the forecast period. The Asia Pacific market is mainly driven by the factors such as increased usage of membrane filtration in water processing plants for purification and in dairy and other food industries for pasteurization, sterilization, and concentration processes. China accounted for the largest country in the Asia Pacific membrane filtration market, and is majorly driven by the increase in the usage of membrane filtration technologies for water purification. The growing population in this country drives the need for sustainable purification technologies, in order to ensure the supply of safe drinking water. Make an inquiry about this report@ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=68840418

4. Membrane filtration technologies help to retain the original characteristics in the food products with minimal or no changes to the product profile which is one of the most important advantages offered by membrane filtration technologies. Energy consumption is very low in membrane filtration technologies as compared to the conventional filtration technologies. Hence, these technologies have been receiving wide acceptability from the government and federal bodies. The membrane filtration market, based on type, is segmented into reverse osmosis (RO), ultrafiltration, microfiltration, and nanofiltration. The meat & seafood segment dominated the market with the largest share in 2016 since RO is very effective in removing harmful contaminants from water as well as minerals such as iron, fluoride, lead, salt, manganese, and calcium, and offers high efficiency in terms of water purification as it can remove up to 99% of the mineral contaminants. The membrane filtration market, based on application, is segmented into water & wastewater and food & beverages. The food & beverages segment is further subsegmented into dairy products, drinks & concentrates, wines & beers, and others. The food & beverages segment is projected to grow at the highest CAGR among all membrane filtration applications from 2018 to 2023. It offers various effective functions such as concentration and fractionation of skim milk and whey, bacteria removal and demineralization of whey, cheese purification and lactose reduction in milk, as well as taste, color, and shelf life enhancement of the food products and therefore, this segment is projected to grow at a significant rate in the future.

5. About MarketsandMarkets 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 5000 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, strategic players) annually in high growth emerging segments.