Growing demand for membrane chemicals, fueled by water treatment needs and scaling/fouling challenges, has driven market growth.

NEWARK, DELAWARE, UNITED STATES OF AMERICA, October 31, 2023 /EINPresswire.com/ -- The membrane chemicals market is predicted to grow from US$ 2.2 billion in 2023 to US$ 3.9 billion by 2033. The market for membrane chemicals is projected to record a CAGR of 6.1% from 2023 to 2033.

One of the main factors fueling the expansion of the market is the rising demand from end users for water treatment chemicals. Physical purification is more expensive than chemical filtering of water. Advanced technologies like ion exchange, UV filtration, and RO are expensive to implement but occasionally feasible.

The market for membrane chemicals has expanded due to the expansion and growth of the water treatment sector. Increasing extraction, filtering, and distillation demands, in other words, make membrane chemicals an essential component of waste water treatment. The market growth rate is directly impacted by the growing demand for clean water worldwide.

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In the pharmaceutical industry, there is a growing need for high-quality, pure water that is free of hazardous bacteria and germs for applications including equipment cleaning, rinsing, as well as the formation of pharmaceuticals, non-compendia waters, and laboratory waters. The market growth rate is projected to be driven by the expanding usage of RO membrane chemicals in the pharmaceutical industry.

Growing adoption of RO technology for operations in water-intensive businesses. Additionally, businesses are spending a lot of money to create profitable compounds that will stop RO membranes from becoming fouled and treated. It is anticipated that increasing such manufacturer investment and installation would present a huge potential for the expansion of the market.

The largest market for membrane chemicals is in North America, followed by markets in Europe and the Asia Pacific. The primary factor driving the development of membrane separation technology in North America is the expanding use of it in waste water treatment facilities in businesses and governments.

Key Takeaways

The market for membrane chemicals in the United States is anticipated to grow at a CAGR of 6.1% through 2033.

With a CAGR of 5.8%, the United Kingdom membrane chemicals market is expected to grow significantly during the forecast period.

With a CAGR of 5.1% throughout the research period, South Korea is predicted to grow rapidly in the market for membrane chemicals by 2033.

The membrane chemicals market in China is expected to grow at a CAGR of 6.4% over the forecast period.

With a CAGR of 5.4% throughout the research period, the market for membrane chemicals in Japan is anticipated to increase speedily.

The scale inhibitors category of the membrane chemicals market’s product type segment is predicted to develop at a CAGR of 5.8% through 2033.

In the market for membrane chemicals, the waste water treatment section of the end-use category is estimated to showcase a CAGR of 5.4% over the forecast period.

“The membrane chemicals market is witnessing steady expansion, primarily due to the growing need for effective water treatment solutions in a variety of sectors. Membrane chemicals are essential components for addressing issues related to scaling, fouling, and pH adjustment, contributing to the efficiency of membrane-based filtration processes. This market is expected to continue its growth trajectory in the coming years, driven by increasing demand for water purification and treatment solutions.” Says, Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).

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Competitive Landscape

Top manufacturers of membrane chemicals market are Veolia Water Technology, Applied Membranes, Inc., H2O Innovation, Genesys International, Kemira, GE Water & Process Technologies, BWA Water Additives, Nalco, Reverse Osmosis Chemicals International, King Lee Technologies, LennTech BV and others.

These companies have used a variety of tactics to grow their market share for membrane chemicals. To increase their client base and revenue, they have used both organic and inorganic growth techniques, including new product launches, acquisitions, corporate expansions, and collaborations.

Recent Developments

In August 2020, an ultra-compact biological treatment with concentrated technology called EcosimTM was launched by Veolia Water Technology. It provides biological treatment for household wastewater within a range of 50 to 2,000 individual counterparts and is particularly made to satisfy the demands of small to medium-sized hotels, construction sites, and municipal settlements in remote places.

In June 2020, announcing the signing of a strategic partnership with ceramic membrane producer Nanostone Water, Inc., H2O Innovation Inc. reaffirmed its position as the leading water industry integrator of ceramic membrane systems.

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Key Segmentation

Product Type:

Scale Inhibitors
Coagulants & Flocculants
Biocides
PH Adjusters
Dechlorinants
Others

End User:

Waste Water Treatment
Municipal
Power
Food & Beverage
Chemicals
Desalination
Paper & Pulp

Region:

North America
Latin America
Europe
Middle East and Africa (MEA)
East Asia
South Asia
Oceania

Author

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

Have a Look at Related Reports of Chemicals & Materials

The global wastewater treatment chemicals market is currently valued at US$ 32.4 Billion and is anticipated to expand at a CAGR of 3.6% to reach US$ 46.15 Billion by 2032 end.

The global water treatment polymers market is expected to attain a valuation of US$ 43.32 billion in 2023 and is projected to reach US$ 81 billion by 2033. From 2023 to 2033.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Ankush Nikam
Future Market Insights, Inc.
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