Title: $11 Billion Membrane Filtration Market Growth Dependent on Technology, Demand and Regulations

In 2017 suppliers of reverse osmosis (RO), microfiltration and ultrafiltration equipment and membranes will generate sales of $11.2 billion. The growth rate for the industry in the next 10 years will certainly exceed GDP. The question is whether it can achieve growth close to 10 percent or whether annual growth will be a more conservative 5 percent a year. Regulations are the most predictable of the three variables. Countries around the world will continue to tighten drinking water and wastewater standards. Demand is also predictable due to the shortage of fresh water and the projected increase in industrial water use around the globe. Technology advances will be the most challenging to predict. The reason is that there is potential in three-broad categories: processes, equipment and membranes.

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   Person Information
   Application Sequencing
Company  Product  Process  Other  Subjects  Event  Event  Date  Location  Publication  Publication  Date Text  Descriptor
  • McIlvaine

  • Cross Flow Filter

  • Filter

  • Membrane

  • Microfiltration

  • Reverse Osmosis

  • Ultrafiltration

 

  • Market

 

 

 

 

  • 6/9/2016

 

  • News Release