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Membrane Filtration Market to Grow at a CAGR of 6.4% During the Forecast Period 2020-2025 Increasing Growth in Pharmaceutical Industry and Rise in Awareness Among Consumers for Drinking Clean Water Are the Major Factors Driving the Growth of the Market. Membrane Filtration Marke BriefingWire.com, 4/22/2021 - Membrane Filtration Market size in 2019 is estimated to be $1,350 million, growing at a CAGR of 6.4% during the forecast period 2020-2025. Membranes are thin layer of semi-permeable and porous sheets of material that separate contaminates from water when a driving force is applied across the membrane. Membrane processes are increasingly employed in drinking water and wastewater treatment for the removal of microorganisms, bacteria, natural organic materials, and particulates, which impart taste, odor, and color to water and react with disinfectants to form disinfection byproducts. Increasing growth in pharmaceutical industry and r ....
Membrane Filtration market Projected size Garner Significant Revenues size 2026 Membrane Filtration market Projected size Garner Significant Revenues size 2026 BriefingWire.com, 4/12/2021 - According to Stratistics MRC, the Global Membrane Filtration market accounted for $ 11.48 billion in 2017 and is expected to reach $ 23.74 billion by 2026 growing at a CAGR of 8.4% during the forecast period. Some of the key factors such as rise in increase of dairy industries and usage of advanced technologies in this field are driving the market growth. However, high equipment cost and the high flow rates used in cross-flow feed can damage shear sensitive materials are the restraining factors for the market growth. Moreover, rise of potential in Asian and Middle Eastern markets and growing instances of waterborne diseases will provide ample opportunities for the growth of the market. ....
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