Tubular Membrane Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Tubular Membrane Market Analysis
The market for tubular membranes is expected to register a CAGR of about 5% during the forecast period. The major factor driving the growth of the market is the increasing demand from the energy & power industry. Furthermore, applications of the tubular membrane in chemical pretreatment are anticipated to further drive the market. On the flip side, low surface area to volume ration of tubular membranes is expected to hinder the growth of the market.
- The global demand for power is accelerating and the production capacity is also increasing. Power generation is one of the largest water-consuming industries where tubular membranes find their extensive usage.
- The Asia-Pacific region is expected to be the largest and the fastest-growing market owing to the increasing consumption from countries such as China, India, and Japan.
Tubular Membrane Market Trends
This section covers the major market trends shaping the Tubular Membrane Market according to our research experts:
Energy & Power Segment to Dominate the Market
- The extensive use of tubular membranes in the energy and power industry is increasing incessantly with the rising demand for the power required to cater to the growing manufacturing industries. The industry is one of the largest water-consuming sectors across all the existing industries.
- Stringent government rules have surged the consumption of tubular membranes in power plants to process wastewater generated from all plant production units like cooling towers, flue gas desulfurization, boilers, etc.
- The industry is escalating continuously due to high power demand from a vast population and hence the consumption of tubular membrane is expected to grow during the forecast period. Furthermore, stringent government regulations regarding power generation are anticipated to boost the market studied.
- The global energy production from nuclear plants in 2020 is projected to be 2.71 trillion kilowatt hours and is forecasted to reach 2.78 trillion kilowatt hours by the end of 2025.
- All the aforementioned factors are expected to drive the tubular membrane market during the forecast period.
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region holds a prominent share in the tubular membrane market globally and is expected to dominate the market studied during the forecast period.
- Asia-Pacific region dominates in terms of overall installed capacity of coal power plants with China and India dominating the global front in the sector. China has the largest installed capacity globally accounting for more than 973 gigawatts whereas India ranks third with a capacity of around 220 gigawatts.
- Furthermore, the revenue from the food & beverage industry in the region in 2020 is projected to be USD 44.2 billion out of global industry revenue of USD 76.78 billion. Hence contributing to the high demand for tubular membrane in the region.
- Moreover, China is the largest chemicals producers in the world and is responsible for 24% of the chemicals produced globally. In 2019, the total revenue generated by China from the sales of chemicals was about USD 1340 billion. Japan, India, South Korea from the region are also amongst the top ten chemicals producing countries.
- Thus, rising demand from various industries coupled with government support is expected to drive the market studied in the region during the forecast period.
Tubular Membrane Industry Overview
The tubular membrane market is partially fragmented. Some of the players in the market include Porex Filtration Division, Berghof Membranes, Hyflux Ltd, Microdyn-Nadir, and Koch Membrane Systems Inc.
Tubular Membrane Market Leaders
-
Porex Filtration Division
-
Berghof Membranes
-
Hyflux Ltd
-
MICRODYN-NADIR
-
Koch Membrane Systems, Inc
*Disclaimer: Major Players sorted in no particular order
Tubular Membrane Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Assumptions
-
1.2 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Drivers
-
4.1.1 Growing Demand from Energy & Power Industry
-
4.1.2 Increasing Applications in Chemical Pretreatment
-
-
4.2 Restraints
-
4.2.1 Relatively Low Surface to Volume Ratio
-
4.2.2 Other Restraints
-
-
4.3 Industry Value Chain Analysis
-
4.4 Porters Five Forces Analysis
-
4.4.1 Threat of New Entrants
-
4.4.2 Bargaining Power of Buyers
-
4.4.3 Bargaining Power of Suppliers
-
4.4.4 Threat of Substitute Products
-
4.4.5 Degree of Competition
-
-
-
5. MARKET SEGMENTATION
-
5.1 Application
-
5.1.1 Membrane Bioreactors
-
5.1.2 Reverse Osmosis
-
5.1.3 Other Applications
-
-
5.2 End-user Industry
-
5.2.1 Food & Beverage
-
5.2.2 Chemical & Petrochemicals
-
5.2.3 Pharmaceutical
-
5.2.4 Energy and Power
-
5.2.5 Other End-user Industries
-
-
5.3 Geography
-
5.3.1 Asia-Pacific
-
5.3.1.1 China
-
5.3.1.2 India
-
5.3.1.3 Japan
-
5.3.1.4 South Korea
-
5.3.1.5 Rest of Asia-Pacific
-
-
5.3.2 North America
-
5.3.2.1 United States
-
5.3.2.2 Canada
-
5.3.2.3 Mexico
-
-
5.3.3 Europe
-
5.3.3.1 Germany
-
5.3.3.2 United Kingdom
-
5.3.3.3 France
-
5.3.3.4 Italy
-
5.3.3.5 Rest of Europe
-
-
5.3.4 South America
-
5.3.4.1 Brazil
-
5.3.4.2 Argentina
-
5.3.4.3 Rest of South America
-
-
5.3.5 Middle-East and Africa
-
5.3.5.1 Saudi Arabia
-
5.3.5.2 South Africa
-
5.3.5.3 Rest of Middle-East and Africa
-
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
-
6.2 Market Share Analysis**
-
6.3 Strategies Adopted by Leading Players
-
6.4 Company Profiles
-
6.4.1 Berghof Membranes
-
6.4.2 Duraflow LLC
-
6.4.3 Dynatec Systems Inc.
-
6.4.4 Hyflux Ltd
-
6.4.5 Koch Membrane Systems Inc.
-
6.4.6 Microdyn-Nadir
-
6.4.7 PCI Membranes
-
6.4.8 Pentair PLC
-
6.4.9 Porex Filtration Division
-
6.4.10 SpinTek Filtration Inc.
-
6.4.11 Lenntech BV
-
- *List Not Exhaustive
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Tubular Membrane Industry Segmentation
The report on the tubular membrane market includes:
Application | |
Membrane Bioreactors | |
Reverse Osmosis | |
Other Applications |
End-user Industry | |
Food & Beverage | |
Chemical & Petrochemicals | |
Pharmaceutical | |
Energy and Power | |
Other End-user Industries |
Geography | |||||||
| |||||||
| |||||||
| |||||||
| |||||||
|
Tubular Membrane Market Research FAQs
What is the current Tubular Membrane Market size?
The Tubular Membrane Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Tubular Membrane Market?
Porex Filtration Division , Berghof Membranes, Hyflux Ltd , MICRODYN-NADIR and Koch Membrane Systems, Inc are the major companies operating in the Tubular Membrane Market.
Which is the fastest growing region in Tubular Membrane Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Tubular Membrane Market?
In 2024, the Asia Pacific accounts for the largest market share in Tubular Membrane Market.
What years does this Tubular Membrane Market cover?
The report covers the Tubular Membrane Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Tubular Membrane Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Tubular Membrane Industry Report
Statistics for the 2023 Tubular Membrane market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Tubular Membrane analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.