Market Research Report Store Membrane Separation Technology | Page 4

4.3 MEMBRANE SEPARATION TECHNOLOGY MARKET, BY TECHNOLOGY (2016) 29
4.4 MEMBRANE SEPARATION TECHNOLOGY MARKET,
BY APPLICATION 29

5 MARKET OVERVIEW 30
5.1 INTRODUCTION 31
5.1.1 DRIVERS 32
5.1.1.1 Increasing awareness regarding water & wastewater treatment 32
5.1.1.2 Requirement for selective separation technology for meeting water quality standards 32
5.1.1.3 Stringent regulatory and sustainability policies concerning
the environment 32
5.1.1.4 Replacement of other technologies 33
5.1.1.5 Growth in the biopharmaceutical industry 33
5.1.2 RESTRAINTS 33
5.1.2.1 Cost restraints related to adoption of membrane filters 33
5.1.3 OPPORTUNITIES 34
5.1.3.1 Growing demand for membrane separation technology in emerging economies 34
5.1.4 CHALLENGE 34
5.1.4.1 Increasing membrane lifespan 34
5.2 PORTER’S FIVE FORCES 35
5.2.1 THREAT OF NEW ENTRANTS 36
5.2.2 THREAT OF SUBSTITUTES 36
5.2.3 BARGAINING POWER OF BUYERS 36
5.2.4 BARGAINING POWER OF SUPPLIERS 36
5.2.5 INTENSITY OF RIVALRY 37
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