The microfiltration membranes market size is projected to reach USD 1.8 billion by 2027 from USD 1.2 billion in 2022, at a CAGR of 8.9% during the forecast period. The overall increase in demand for microfiltration membranes in emerging regions such as Asia Pacific, South America, and Middle East & Africa is driving the global microfiltration membrane market. The government regulations pertaining to water & wastewater treatment is driving the growth of microfiltration membranes market. The overall increase in demand for microfiltration membranes in water treatment and rising water scarcity is driving the global microfiltration membranes market. The increasing environmental concern and government regulations for wastewater treatment is also driving the demand of microfiltration membranes. The demand for microfiltration membranes in food & beverage, and biopharmaceuticals end-use industries are also expected to grow at a high growth rate in the forecast period.
The key players in the microfiltration membranes market include SUEZ (France), Merck KGaA (Germany), Sartorius AG (Germany), Koch Separation Solutions (US), Hydranautics (US), Pall Corporation (US), 3M (US), Pentair (UK), Asahi Kasei Corporation (Japan), and Toray Industries Inc. (Japan). The microfiltration membranes market report analyzes the key growth strategies, such as new product launches, investment & expansion, agreement & collaboration, and mergers & acquisitions adopted by the leading market players between 2019 and 2022.
