Market Trends of PTFE Membrane Industry
Growing Applications in Industrial Filtration and Water Treatment Applications
- PTFE membranes are naturally hydrophobic with excellent chemical resistance, making them the ideal choice for the sterile venting of gases, non-aqueous solvents, acids, and aggressive fluids.
- The growing application of PTFE membranes in micro and nanofiltration techniques used in the purification of water and wastewater treatment has been on a rapid rise.
- As water treatment technologies continue to advance, new technologies are put into place to improve and streamline processes. Due to the influx of waterborne pathogens that can cause illnesses, new disinfection treatments have become increasingly important over the years.
- According to World Health Organisation (WHO), globally, at least 2 billion people use a drinking water source contaminated with feces. Microbial contamination of drinking water as a result of contamination with feces poses the greatest risk to drinking water safety.
- The global water consumption rate has been increasing by 100% every twenty years. The rising scarcity of potable water and the growing population and water demand are the major concerns driving the demand in the market.
- The US wastewater treatment facilities process approximately 34 billion gallons of wastewater every day, according to the Environmental Protection Agency (EPA). The country is home to over 148,000 public water infrastructures, many of which have deteriorating systems.
- The growth of PTFE membranes in industrial filtration applications is attributed to its high demand in industries such as food and beverage and petrochemicals.
- Stringent government standards related to industrial waste discharge and treatment are further driving the adoption of high-performance filtration systems in the industry, thereby driving the demand for PTFE membrane-infused filtration systems.
- Owing to all the above-mentioned advantages of PTFE membranes, its market is expected to grow rapidly during the forecast period.
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific is the leading region in the global PTFE membranes market, and it is expected to grow at the highest CAGR during the forecast period. In countries, like China, South Korea, and Japan, with the increasing chemical and pharmaceutical industries and growing awareness among the people to treat wastewater, the demand for PTFE membranes has been increasing in the region.
- PTFE-coated high translucency fabric membrane is a dynamic tensile material unmatched for its aesthetics and durability, making it ideal for tensile architecture systems and clothing. Structurally PTFE fiberglass fabric membrane is waterproof, resists UV rays, and is chemically inert.
- The population of China has grown at a staggering rate in the past decade, and more than half of the population now lives in cities. With the government promoting economic growth, urbanization is on the rise. This is expected to increase the demand for improvement in wastewater infrastructure.
- Growth in the chemical & pharmaceutical industry associated with a rise in concern towards wastewater treatment techniques in this region is increasing the scope for the growth of the PTFE membrane market in the region.
- PTFE membrane filters are widely used in industrial filters as they are compatible with strong acids, alkalines, and the most aggressive solvents, such as alcohol. This has made it a suitable option for use in various industries, including chemicals and others. Thereby driving the demand for PTFE membranes during the forecasted period.
- There are numerous chemical plants lined up for construction within the period of the next five years in China. For instance, in 2022, Wanhua Chemicals declared that it would start construction of its USD 3.6 billion petrochemical complex project located in Penglai, China. The plant is expected to produce propane dehydrogenation (PDH), with 900,000 metric tons per annum of capacity. This plant is scheduled to be fully completed by 2024.
- The high titer reduction and water intrusion pressures allow the membrane to repel high surface tension liquids while venting gases. PTFE membranes are used in a variety of healthcare applications, such as vents on IV filters and spike vents, protecting equipment and sensors from fluids and contamination.
- The aforementioned factors, coupled with government support, are contributing to the increasing demand for the PTFE membrane market during the forecast period.