DUBLIN, Aug. 7, 2018 /PRNewswire/ --
The "Ultrafiltration Market by Type (Polymeric, and Ceramic), Module (Hollow Fiber), Application (Municipal, and Industrial (Food & Beverage Processing, Chemical & Petrochemical Processing, Pharma Processing)), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The ultrafiltration market is valued at USD 1,064.0 million in 2018 and is projected to reach USD 2,140.1 million by 2023, at a CAGR of 15.0% from 2018 to 2023.
Ultrafiltration are used in a wide range of end-use industries such as chemical & petrochemical, food & beverages, pharmaceutical, water & wastewater treatment, and metal & mining, among others. Ultrafiltration are the materials that act as selective barrier, allow passage of certain constituents while retaining others. These are mainly termed as filtration elements, which are widely used in the commercial and industrial purposes. With the recent developments in UF membrane materials and increasing demand for reduction of energy consumption in the chemical processing industry, newer membranes and processes are being developed for new applications.
Based on type, the polymeric segment is estimated to account for the largest share of the ultrafiltration market during forecast period. The high market share of polymeric membranes is due to its vast availability and cost-effectiveness when compared with other ultrafiltration.
Based on module type, the hollow fiber segment is estimated to account for the largest share of the ultrafiltration market during the forecast period (2018-2023). The high market share of hollow fiber module segment is due to its high throughput and ease of cleanliness when compared with other ultrafiltration.
Among applications, the industrial treatment segment is projected to lead the ultrafiltration market during the forecast period. Ultrafiltration are widely used in the food & beverage processing, chemical & petrochemical processing, and pharmaceutical processing. The growth of this segment can be attributed to the increasing awareness of water and wastewater treatment in various countries such as China, Malaysia, Indonesia, and India and the increasing adherence to environmental regulations by various industries for wastewater treatment in developed countries.
The APAC region is the largest market for ultrafiltration, globally. The growth of the APAC ultrafiltration market can be attributed to the large industrial base in the region and increased demand for ultrafiltration from the pharmaceutical and food & beverage industries of the region. In addition, several initiatives undertaken by governments of different countries of the region to attract investments from various international companies are also expected to propel the growth of the APAC ultrafiltration market during the forecast period.
Finding new applications and lack of awareness in underdeveloped regions is a major challenge for the growth of the ultrafiltration market during the forecast period. DowDuPont Inc. (US), Hyflux Ltd. (Singapore), Inge GmbH (Germany), Toray Industries, Inc. (US), GE Water & Process Technologies (US), Hydranautics (US), and Pentair plc (US) are the key players operating in the ultrafiltration market.
These companies have adopted various organic as well as inorganic growth strategies between 2015 and 2018 to strengthen their position in the ultrafiltration market. The strategy of partnerships, agreements & collaborations was among the key growth strategies adopted by these leading players to enhance their regional presence and meet the growing demand for ultrafiltration from emerging economies.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Ultrafiltration Market
4.2 Ultrafiltration Market, By Type
4.3 Ultrafiltration Market, By Application
4.4 Ultrafiltration Market, By Region
4.5 APAC: Ultrafiltration Market, By Application and Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Awareness Regarding Water & Wastewater Treatment
5.2.1.2 Selective Separation Technology
5.2.1.3 Stringent Regulatory and Sustainability Policies Concerning the Environment
5.2.2 Restraints
5.2.2.1 High Capital Cost
5.2.3 Opportunities
5.2.3.1 Rising Scarcity of Fresh Water
5.2.4 Challenges
5.2.4.1 Increasing the Lifespan of Membranes
5.3 Porter's Five Forces Analysis
6 Macroeconomic Indicators
6.1 Introduction
6.2 Policy & Regulations
6.2.1 North America
6.2.1.1 Clean Water Act (CWA)
6.2.1.2 Safe Drinking Water Act (SDWA)
6.2.2 Europe
6.2.2.1 The Urban Wastewater Treatment Directive (1991)
6.2.2.2 The Drinking Water Directive (1998)
6.2.2.3 The Water Framework Directive (2000)
6.2.3 Asia
6.2.3.1 Environment Protection Law (EPL)
6.2.3.2 The Water Resource Law
6.2.3.3 Water Pollution Prevention & Control Law (WPL)
7 Ultrafiltration Market, By Type
7.1 Introduction
7.1.1 Polymeric Ultrafiltration
7.1.1.1 Ps & Pes
7.1.1.2 PVDF
7.1.1.3 Others
7.1.2 Ceramic Ultrafiltration
8 Ultrafiltration Market, By Module
8.1 Introduction
8.2 Hollow Fiber
8.3 Others
9 Ultrafiltration Market, By Application
9.1 Introduction
9.2 Municipal Treatment
9.2.1 Desalination
9.2.2 Public Utility Water Treatment
9.2.3 Wastewater Reuse
9.3 Industrial Treatment
9.3.1 Food & Beverage Processing
9.3.1.1 Dairy Processing
9.3.1.2 Food Processing
9.3.1.3 Beverage Processing
9.3.2 Pharmaceutical Processing
9.3.3 Chemical & Petrochemical Processing
9.3.4 Others
10 Ultrafiltration Market, By Region
11 Competitive Landscape
11.1 Overview
11.2 Market Ranking
11.2.1 Pentair
11.2.2 Dowdupont
11.2.3 Hyflux
11.2.4 Inge GmbH
11.2.5 Hydranautics
11.3 Competitive Scenario
11.3.1 New Product and Technology Development
11.3.2 Investments & Expansions
11.3.3 Partnerships, Agreements, and Collaborations
11.3.4 Acquisitions and Joint Ventures
12 Company Profiles
12.1 Pentair
12.2 Dowdupont
12.3 Hyflux
12.4 Inge
12.5 Hydranautics (A Nitto Denko Group Company)
12.6 Koch Membrane Systems
12.7 Pall Corporation
12.8 Suez Water Technologies and Solutions
12.9 The 3M Company
12.10 Toray Industries, Inc.
12.11 Other Players
12.11.1 Alfa Laval
12.11.2 Beijing Originwater Technology Co., Ltd.
12.11.3 Evoqua Water Technologies LLC
12.11.4 GEA Group
12.11.5 Markel Corporation
12.11.6 Membranium
12.11.7 Microdyn-Nadir GmbH
12.11.8 Parker-Hannifin Corporation
12.11.9 PCI Membranes
12.11.10 Polymem
12.11.11 Scinor Water America, LLC
12.11.12 Synder Filtration Inc.
12.11.13 Toyobo Co., Ltd.
12.11.14 Veolia Environment SA
12.11.15 Veolia Water Technologies
For more information about this report visit https://www.researchandmarkets.com/research/pxrk4n/ultrafiltration?w=5
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