Membrane Separation Technology Market Estimates, Product
Benchmarking, Segmentation Forecast 2016-2024
“Membrane Separation Technology Market is considered are one of the most
significant methods used for purification of water. Changing from chemical
based treatments to efficient treatments of water is expected to be a major
driver since chemicals are perceived as environmental degradation processes
associated with high disposal costs.”
The global Membrane Separation Technology Market is expected to grow at a CAGR of 10% from 2016 to 2024.
This technology is widely used in wastewater treatment. Deprivation of water quality and Lack of clean drinking
water is expected to adversely affect economic and social landscape globally in particular the emerging
economies. It has been estimated that around 4 million deaths around the world occur due to inadequate water
resource. Membrane separation is considered are one of the most significant methods used for purification of
water. Changing from chemical based treatments to efficient treatments of water is expected to be a major
driver since chemicals are perceived as environmental degradation processes associated with high disposal
costs.
The technology involves separation of materials via minute gaps or pores in the molecular arrangement without
including any harmful chemicals. Major processes used for treatment of water include Nano filtration,
microfiltration, reverse osmosis and ultrafiltration. Implementation of stringent environmental regulations and
norms is expected to drive the market growth and thereby increasing the demand for the technology among
various industry sectors. Mandatory regulations of environmental standards and government initiatives
including Clean Water Act particularly in rural areas with water inadequacy have inclined the demand for water
treatment technology, including membrane separation. Growing population and global industrial expansion are
boosting the demand for efficient water treatment technology, providing better growth opportunities for the
global market.
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