[Online Quarterly Update] Global Reverse Osmosis (RO) Membrane market stood at USD 11.92 Billion in 2020 and is forecast to reach USD 24.216 Billion by 2030, growing at a healthy CAGR of 7.36% until 2030. Growing focus on decreasing operational costs of zero liquid discharge systems and constantly increasing regulations on wastewater discharge from various industries has been influencing the demand for Reverse Osmosis Membranes market across the globe. Rapid urbanization and increasing industrialization have resulted in unprecedented scarcity of usable water. With the rising awareness about the urgent need to install desalination plants, Reverse Osmosis Membranes have become the most widely used option and their demand is increasing on global level. Besides, increasing incidences of water-borne diseases is creating a need for advanced technology that provides safe and toxin-free water, which is adding to the demand of reverse osmosis membranes. Demand for ultrapure water in the food and beverage industry and rise in urban population are contributing to the growth of reverse osmosis membrane market. However, short longevity of RO membranes as well as loss of vital materials during the purification process can limit the market growth of global reverse osmosis membrane market.
The ongoing COVID-19 pandemic has a fluctuating impact in the demand for water purifier, across the world. In 2020, especially in the second and third quarter, major COVID-19 affected countries like U.S., India, China, Brazil, Italy, and others have witnessed steep decline in sales of the product owing to closing of retail outlets, financial crunch among the consumers, along with supply side interruptions. Moreover, the pandemic will result in a shift towards online sales from that of traditional brick and motor retailing, as more and more people are opting for online sales to avoid contacting with people and to get safe delivery at home.
Among different regions, Asia Pacific region dominated the global Reverse Osmosis Membrane market. Due to rapid industrialization and increasing environmental concerns in major economies such as China, India and the ASEAN countries, the region is expected to register fastest growth. Government initiatives of installing municipal desalination systems as a response to rising water pollution is expected to increase the demand of Reverse Osmosis Membranes in the forecast period.
Years considered for this report:
Historical Period: 2015-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2030
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Objective of the Study:
• To assess the demand-supply scenario of Reverse Osmosis Membrane which covers production, demand, and supply of Reverse Osmosis Membrane market globally.
• To analyse and forecast the market size of Reverse Osmosis Membrane.
• To classify and forecast global Reverse Osmosis Membrane market based on technology, end-use and regional distribution.
• To identify drivers and challenges for global Reverse Osmosis Membrane market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Reverse Osmosis Membrane market.
• To identify and analyse the profile of leading players involved in the manufacturing of Reverse Osmosis Membrane.
Some of the major key players operating in the global Reverse Osmosis Membrane market are Toray Industries Inc, DuPont de Nemours Inc, SUEZ Water Technologies & Solutions, Hydranautics (A Nitto Group Company), Koch Separation Solutions, Inc, Toyoba Co. Ltd., Shandong Jozzon Membrane Technology Co. Ltd., LG Chem, Microdyn-Nadir, and JSC RM Nanotech etc.
The pricing of Reverse Osmosis Membrane is largely dependent on the fluctuations in polyamide, polysulphonate etc.
To extract data for the global Reverse Osmosis Membrane market, primary research surveys were conducted with Reverse Osmosis Membrane manufacturers, suppliers, distributors, wholesalers, and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for the global Reverse Osmosis Membrane market over the coming years.
ChemAnalyst calculated Reverse Osmosis Membrane demand globally by analyzing the historical data and demand forecast which was carried out considering imported Acrylonitrile, butadiene, styrene prices, monomers used for production of Reverse Osmosis Membrane. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Reverse Osmosis Membrane manufacturers and other stakeholders
• Organizations, forums, and alliances related to Reverse Osmosis Membrane distribution
• Government bodies such as regulating authorities and policy makers.
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Reverse Osmosis Membrane manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, global Reverse Osmosis Membrane market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
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Details
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Market size volume in 2020
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USD 11.92 Billion
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Market size volume in 2030
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USD 24.216 Billion
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Growth Rate
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CAGR of 7.36% from 2021 to 2030
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Base year for estimation
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2020
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Historic Data
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2015 – 2019
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Forecast period
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2022 – 2030
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Quantitative units
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Demand in tons and CAGR from 2021 to 2030
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Report coverage
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Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
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Segments covered
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By Type: (Thin Film Composite Membranes, Cellulose Based)
By Grade: (Spiral-Wound Membranes, Hollow-Fiber Membranes, Plate & Frame, Tubular-Shaped Membranes)
By End-Use: (Desalination Systems, RO Purification Systems and Medical Devices & Diagnostics.)
By Distribution Channel: (Direct/Institutional Sales, Retail Sales, Other Channel Sales)
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Regional scope
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North America; Europe; Asia Pacific; South America; Middle East & Africa
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Country scope
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United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
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Key companies profiled
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Toray Industries Inc, DuPont de Nemours Inc, SUEZ Water Technologies & Solutions, Hydranautics (A Nitto Group Company), Koch Separation Solutions, Inc, Toyoba Co. Ltd., Shandong Jozzon Membrane Technology Co. Ltd., LG Chem, Microdyn-Nadir, and JSC RM Nanotech etc.
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Customization scope
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Free report customization with purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
In case you do not find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com