Market Size of Membrane Water And Wastewater Treatment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.20 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Membranes for Water and Wastewater Market Analysis
The Membrane Water and Wastewater Treatment Market size is expected to grow from USD 10.86 billion in 2023 to USD 15.38 billion by 2028, at a CAGR of 7.20% during the forecast period (2023-2028).
The COVID-19 outbreak brought several short-term and long-term consequences in various industries, food and beverage processing, chemicals power, and other end-user industries, affecting the market.
- One of the major factors driving the market is the rising demand for low-pressure membrane technologies.
- However, poor fouling resistance of nanoporous membranes is likely to hinder the growth of the market studied.
- Municipal Industry dominated the market whereas the food & beverage industry is expected to grow at the highest rate during the forecast period.
- Lack of access to safely managed drinking water in some countries is anticipated to provide numerous opportunities over the forecast period.
