Rising demand for RO membranes for industrial processes is a major factor driving market revenue growth
Vancouver, Oct. 24, 2023 (GLOBE NEWSWIRE) -- The global Reverse Osmosis (RO) membrane market size was USD Billion 10.35 in 2022 and is expected to register a revenue CAGR of 9.9% during the forecast period, according to the latest analysis by Emergen Research. Rapid advancements in RO membrane technologies such as reduced energy consumption and increased durability is a major factor driving market revenue growth during the forecast period. Water is frequently used in industrial processes and manufacturing settings for routine operations, but it also must be used to cool down machinery and goods. Hard water is thought to be quite sensitive to industrial boilers. Triple Pass Water Machine
Numerous problems might arise when this water gets heated to a high temperature, which can affect the boiler's effectiveness and quality. Scaling, poor thermal transfer, and prolonged downtime for cleaning are just a few of these problems. Make sure to soften the water before feeding it into a boiler system. Before the water is put into a boiler, industrial facilities that undertake mechanical, medicinal, or chemical uses will purify the waters with a reverse osmosis system.
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Moreover, water use in the finishing sector is higher than average. The responsibility of facilities is to guarantee that the items they produce adhere to the highest standards and are completely consistent with all prior colors. Oils and other dangerous materials are swept into the wastewater before it is disposed of since finishing processes can be chemical or physical.
However, high installation costs for RO systems, especially for large-scale industrial uses, can put off potential purchasers and require sizable up-front investments. With the huge volumes needed, a lot of enterprises in the industrial sector struggle with a lack of water. Water companies can add significant surcharges to bills for excessive water use when supplies are low.
Revenue in USD Billion and CAGR in % from 2023 to 2032
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Type of membrane, filter module, application, end-use, and region
North America, Europe, Asia Pacific, Latin America, Middle East & Africa
U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Benelux, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, Rest of MEA
DuPont, SUEZ, Toray Industries, Inc., NX Filtration BV, MANN+HUMMEL, Koch Industries, Inc., Membranium, LG Chem, Toyobo Co., Ltd., AXEON Water Technologies, LANXESS, SAMCO, Synder Filtration, Inc., ALFA LAVAL, Ion Exchange Limited, Hunan Keensen Technology Co., Ltd.
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Major Companies and Competitive Landscape
The global Reverse Osmosis (RO) membrane market is fragmented, with many companies accounting for the majority of market revenue. Major companies are deploying various strategies, entering mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective Reverse Osmosis (RO) membranes. Some major companies included in the global Reverse Osmosis (RO) membrane market report are:
Hunan Keensen Technology Co., Ltd.
On 22 March 2022, Toray launched new ultralow-pressure RO membrane elements, this offers greatly increase the absorption of silica, boron, and other neutral chemicals from untreated water. The TBW-HR series' impurity rejection is greater than that of current ultra-low pressure Reverse Osmosis (RO) membrane parts. The filtration of higher-grade, purer water is a major advantage. The business also intends to expand applications to incorporate wastewater recycling.
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Some Key Highlights From the Report
The water & wastewater treatment segment accounted for largest revenue share in 2022. A semi-permeable membrane is used in the reverse osmosis method of water purification to eliminate contaminants. It removes pollutants from water such as dissolved solids, organics, bacteria, and pyrogens in a straightforward, safe, and economical manner.
The desalination segment accounted for a significantly large revenue share in 2022. They address the issue of water scarcity in arid locations and offer a sustainable source of safe water consumption for people and enterprises by enabling the transformation of saline sources of water into freshwater.
The market in Asia Pacific accounted for largest revenue share in 2022 owing to growing adoption from the food and beverage sector. Food & beverage is heavily regulated and uses a lot of water for cooking and cleaning, among other purposes. Purified and toxins-free water also contributes to food hygiene and safety. By washing meat and poultry before consumption, dangerous bacteria are frequently kept at bay with water.
On 17 November 2021, DuPont Water Solutions (DWS) introduced TapTec LC HF-4040 Reverse Osmosis (RO) membrane filter. This product combines cutting-edge characteristics such as high flow rates with dependability and ease of use. It is also compact, inexpensive, extremely reliable, and effective. For massive, centrally located desalination and water treatment facilities, the process of reverse osmosis is the ‘go-to’ option. The membrane components utilized there show successful rejection of pollutants such as salts and high recovery of water rate.
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Emergen Research has segmented the global Reverse Osmosis (RO) membrane market on the basis of type of membrane, filter module, application, end-use, and region:
Type of Membrane Outlook (Revenue, USD Billion; 2019–2032)
Filter Module Outlook (Revenue, USD Billion; 2019–2032)
Application Outlook (Revenue, USD Billion; 2019–2032)
End-Use Outlook (Revenue, USD Billion; 2019–2032)
Regional Outlook (Revenue, USD Billion; 2019–2032)
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