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The rising demand for purified, clean drinking water is likely to spur innovation in membrane separation technology production, propelling the market throughout the forecast period.

The global membrane separation technology market is expected to grow from $23.01 billion in 2022 to $25.31 billion in 2023 at a compound annual growth rate (CAGR) of 10%. The global membrane separation technology market size is expected to reach $36.07 billion in 2027 at a CAGR of 9.3%.

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 Global Membrane Separation Technology Market Segments Include:

• By Process: Microfiltration, Ultrafiltration, Nanofiltration, Reverse Osmosis, Other Processes
• By Type Of Material: Polymeric Membranes, Non-Polymeric Membranes
• By Application: Water And Wastewater Treatment, Food And Beverage Processing, Medical And Pharmaceutical, Industry Processing, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global membrane separation technology market in 2021.

Major Market Players in the membrane separation technology market include Merck KGaA, Toray Industries Inc., Pentair PLC, Hydranautics, AXEON Water Technologies, GEA Group Aktiengesellschaft, Koch Separation Solutions.

Product innovation is a major trend that is gaining traction in the membrane separation technology market. Major firms in the membrane separation technology market are focusing on developing innovative products to strengthen their market position. Koch Separation Solutions, a US-based company that develops and deploys synergistic technologies such as membrane filtration, ion exchange, evaporation, drying, and others, for example, launched INDU-COR HD (High Density) in April 2021, a superior technology aimed at more efficiently treating various industrial waste streams. INDU-COR HD features a higher packing density of up to 300 percent, making crossflow filtration less expensive while taking up less space. This novel product arrangement reduces waste treatment costs for customers while boosting operational effectiveness and sustainability.

The Membrane Separation Technology Global Market Report 2023  provides a membrane separation technology market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The membrane separation technology market forecast analyzes membrane separation technology market size, membrane separation technology market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Membrane separation technology is a technique for selectively separating (fractionating) components that uses microscopic pores or gaps in the molecular arrangement of a continuous structure. Membrane separations are classified based on pore size and separation driving force.

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