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North America accounted for approximately one-third of the total share of the reverse osmosis membrane market in 2018 and is expected to remain dominant during the forecast period. This can be attributed to rise in population and lack of potable water in this region. Asia-Pacific is expected to be a prominent market with major growth expected in China, India, and other developing countries.<br><br>Know More- https://www.alliedmarketresearch.com/reverse-osmosis-membrane-market
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GET PDF Reverse Osmosis Membrane Market GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECAST 2018-2025 KNOW MORE
Market Overview • The global reverse osmosis membrane market size was valued at $6.9 billion in 2017, and is estimated to reach $13.5 billion by 2025, registering a CAGR of 8.7% from 2018 to 2025. • Rapid industrialization and perpetual rise in infrastructure have contributed to water pollution, which in turn drives the need for water purification systems, thereby driving the marke. Do Inquiry before buying : Click Here
Key Takeaways of the Reverse Osmosis Membrane Market • Based on material type, the thin film composite membrane segment in the market is expected to grow at a CAGR of 9.1% from 2018 to 2025. • Based on region, North America is projected to maintain its lead position throughout the forecast period, growing at a CAGR of 8.9%. • Based on filter module, the spiral-wound membrane segment accounted for more than half of the total reverse osmosis membrane industry in 2018. • Based on region, Asia-Pacific is expected to occupy a sizeable share in the global reverse osmosis membrane market. It is expected to reach $4.5 billion in 2025. • Based on application, the RO purification system segment is expected to grow at a CAGR of 8.2% from 2018 to 2025.
Key Benefits For Stakeholders • The report provides a quantitative analysis of the current reverse osmosis membrane market trends, estimations, and dynamics of the reverse osmosis membrane market share from 2018 to 2026 to identify the prevailing opportunities. • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network. • In-depth analysis and the reverse osmosis membrane market size and segmentation assists in determining the prevailing opportunities. • Major countries in each region are mapped according to their revenue contribution to the global reverse osmosis membrane market. • Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the reverse osmosis membrane industry.
GEOGRAPHICAL OVERVIEW • North America accounted for approximately one-third of the total share of the reverse osmosis membrane market in 2018 and is expected to remain dominant during the forecast period. This can be attributed to rise in population and lack of potable water in this region. Asia-Pacific is expected to be a prominent market with major growth expected in China, India, and other developing countries. • Moreover, the region would manifest the fastest growth by registering a CAGR of 10.1% owing to high demand for desalination, water purification, and wastewater treatment systems from developing countries such as India and China. The report analyzes other geographical regions such as North America, Europe, and Latin America, Middle East and Africa (LAMEA).
LEADING MARKET PLAYERS • LG Chem • LANXESS AG • Toray Industries, Inc. • Koch Membrane System, Inc. • Microdyn-Nadir GmbH • THE DOW CHEMICAL COMPANY • AXEON WATER TECHNOLOGIES • Membranium (JSC RM Nanotech) • Hydranautics (A Nitto Group Company) • Toyobo Co., Ltd
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