1 / 8

Hollow Fiber Membrane Market

Hollow Fiber Membrane Market

Sampat12
Download Presentation

Hollow Fiber Membrane Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Hollow Fiber Membrane Market 2021 : Report Position, Recent Developments, Trends and Future Forecast Until 2026 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Global Market Scenario of Hollow Fiber Membrane Industry • The global hollow fiber membrane market share was estimated at $9.43 billion in 2019, and is likely to hit $16 billion by 2026, registering a CAGR of 9.4% between 2020 to 2026, suggests a report published by Global Market Insights, Inc. • The global hollow fiber membrane market is expected to be driven by intensifying requirement for wastewater & water treatment plants worldwide. Rising dependency on freshwater sources combined with the need to treat industrial waste majorly across developing countries is expected to create multiple opportunities for hollow fiber membrane businesses. • North America could emerge as a leading marketplace for hollow fiber membranes. As per the report, the North America region is projected to be accounted for around 25% of the global hollow fiber membrane industry share in the estimated timeframe. • This estimated growth could mostly be favored by rising initiatives by the government to promote the waste management sector. Expansion in the biomanufacturing industry and growth in research & development activities may encourage new product development in North America. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- • These companies are focusing on strategic initiatives like production capacity expansion, new product launches, and mergers and acquisitions for gaining a competitive edge in the market. • For instance, Toray Industries, Inc. formed a joint venture with a South Korean filter and water purifier producer MCM Co., Ltd., in the year 2019. This strategy was said to help generate sales and assembly of filters in South Korea. • Rising initiatives by governments for focusing on promoting waste management and wastewater treatments may enhance the requirement for the hollow fiber membranes. The ongoing pandemic could have an significant impact on the hollow fiber membrane businesses. Rising concerns over maintaining hygiene and safety could boost the requirement of freshwater. • Apart from this, countries facing water scarcity could escalate the construction of wastewater treatment plants, supporting hollow fiber membrane market outlook. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/3118 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. 360° Industry Analysis • The pharmaceuticals & chemicals application segment is projected to witness around a 15% of the hollow fiber membrane industry share. Advancements in personalized medical treatment along with rise in old age population is expected to expand segment size. • While the ultrafiltration segment could showcase a 9% CAGR driven by its ability to capture suspended solids, algae, cryptosporidium, giardia, viruses, coliforms, bacteria, etc. These membranes fin application in the dairy sector for processing cheese whey to attain whey protein concentrate. Request for customization:https://www.gminsights.com/roc/3118 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Competitive Analysis: • Mitsubishi Chemical Corporation, Kuraray, TOYOBO, Asahi Kasei, Lenntech, DuPont, Pentair, and Toray are some of the key players operating in the Hollow Fiber Membrane Market. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  7. Latest Research Report On Hollow Fiber Membrane Market@ https://www.gminsights.com/industry-analysis/hollow-fiber-membranes-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/3118 Request for customization: https://www.gminsights.com/roc/3118 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  8. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

More Related