Stratview Research has recently published a report on the Membranes Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.

Membranes Market Insights:

The membranes market was estimated at USD 6.48 billion in 2022 and is likely to grow at a CAGR of 9.66% during 2022-2028 to reach USD 11.27 billion in 2028.

What are membranes?

Membranes are microporous films that act as selective barriers to control the transmission of different chemical components on the basis of permeability. Membranes are widely used in water treatment and gas processing applications and are also called filtration elements. Porosity, durability, stability, selectivity, and permeability are some of the advantages offered by membranes.

Market Dynamics

Increasing urbanization, rise in population, rapid industrialization, and improved investment opportunities are some of the factors that have led to an increase in the need for water treatment activities, which in turn, drives the membranes market. In addition, stringent policies and environmental regulations from the government along with infrastructural development is the other major factor contributing to the growth of the market.

Key Players

The market for Membranes is highly consolidated with the strong presence of key players such as-

• Asahi Kasei Corporation
• DuPont de Nemours, Inc.
• Hydranautics, Inc. (A Nitto Group Company)
• Koch Separation Solutions
• Lanxess AG
• LG Water Solutions
• Pall Corporation
• Pentair plc
• SUEZ
• Toray Industries, Inc.

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Research Methodology

Stratview Research's reports are the result of a thorough analysis that combines thorough secondary, and primary interviews with industry leaders, and confirmation using unique internal database and statistical methods. More than 1,000 verified secondary sources, such as annual reports from companies, press releases, fact books, journals, white papers, and blogs are reviewed and analysed.

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