According to a new market report by Lucintel, the future of the reverse osmosis membrane market looks promising with opportunities in the desalination systems, RO purification systems, and medical devices & diagnostics applications. The reverse osmosis membrane market is expected to grow with a CAGR of 15.7% from 2019 to 2024. The major drivers for this market are increasing demand for portable water and growing population across the globe.
In this market, cellulose based membranes and thin film composite membranes are used in reverse osmosis market. On the basis of comprehensive research, thin film composite membranes will remain the largest membrane type over the forecast period due to growing health awareness, increasing adoption of diverse water purification technologies, and increasing stringent regulatory enforcement for water quality.
Within the reverse osmosis membrane market, desalination systems will remain the largest segment and it is also expected to witness the highest growth due to growth in urbanization and water scarcity caused by population growth, climate change, pollution, and industrial development.
Asia Pacific will remain the largest region over the forecast period due to rise in population and lack of portable water especially in China, India and other developing countries.
DowDupont, Nitto Denko Corporation, Toray Industries, Inc., General Electric, and Toyobo Co. Ltd. are among the major manufacturers of reverse osmosis membrane.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the reverse osmosis membrane market by membrane type, filter module, application, and region. Lucintel has prepared a comprehensive research report titled "Reverse Osmosis Membrane Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the reverse osmosis membrane market by membrane type, filter module, application, and region as follows:
By Membrane Type [$M shipment analysis for 2013 – 2024]:
• Cellulose Based Membranes
• Thin Film Composite Membranes
By Filter Module [$M shipment analysis for 2013 – 2024]:
• Plate & Frame (P&F)
o Spiral membranes
o Pillow-shaped membranes
• Tubular-Shaped
o Capillary
• Spiral-Wound
• Hollow-Fiber
By Application [$M shipment analysis for 2013 – 2024]:
• Desalination System
• RO Purification
• Medical Devices & Diagnostics
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o U.K.
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Indonesia
o Rest of Asia Pacific
• ROW
o Brazil
o Argentina
o Saudi Arabia
o Others
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link……[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the reverse osmosis membrane market by membrane type (cellulose based membranes and thin film composite membranes), filter module (plate & frame, tubular-shaped, spiral-wound, and hollow-fiber), application (desalination systems, RO purification systems, and medical devices & diagnostics), and region (North America, Europe, Asia Pacific, and RoW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the reverse osmosis membrane market?
Q.5 What are the business risks and threats to the reverse osmosis membrane market?
Q.6 What are the emerging trends in the reverse osmosis membrane market and the reasons behind them?
Q.7 What are some changing demands of customers in the reverse osmosis membrane market?
Q.8 What are the new developments in the reverse osmosis membrane market? Which companies are leading these developments?
Q.9 Who are the major players in the reverse osmosis membrane market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the reverse osmosis membrane market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities did take place in the last five years in the reverse osmosis membrane market?