Membrane Microfiltration Industry is anticipated to cross US$ 8 Billion by 2028, With a CAGR of 7.8%

According to Future Market Insights forecasts, sales revenue in the Membrane Microfiltration Industry is anticipated to cross US$ 8 Bn by 2028, from an estimated value of about US$ 3.8 Bn in 2018. A decadal growth rate of 7.8% can be attributed to several factors, of which Future Market Insights throws deeper insights in this research study.

One of the newest alternatives to heat treatment is microfiltration which reduces bacteria and improves the shelf life of dairy products, while also preserving the basic taste.

Several traditional techniques such as pasteurization, heat treatment, and sterilization have long been used to improve the shelf life of milk.

The adoption of membrane microfiltration in milk is one of the trends being witnessed in the global market, according to a new research study on the global membrane microfiltration market by Future Market Insights.

Increasing adoption of ceramic microfiltration membranes for cross-flow filtration in water plants is another key trend, as ceramic membranes help maintain a high filtration rate and ensure enhanced savings in membrane replacement costs.

Manufacturers in the membrane microfiltration market are producing robust microfiltration systems using large filter cartridges that occupy less space and eliminate the number of filtration system connections, thereby reducing maintenance costs.

A preference for continuous fermentation over batch processing is also being observed, with manufacturers increasingly deploying membrane microfiltration technology in their plants. These trends are likely to positively impact revenue growth of the global membrane microfiltration market in the coming years.

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Increasing Applications in Industrial Biotechnology and Widespread Use of Large Molecule Biopharmaceuticals Pushing Revenue Growth of the Global Membrane Microfiltration Market

Membrane microfiltration is finding application in the production of biofuel and bio refineries are incorporating this technology to lower the overall energy costs and reduce industrial bio waste. Membrane microfiltration is also increasingly used in biodiesel processes where this technology is used to reuse water especially in areas of water scarcity. The rising industrial applications of membrane microfiltration are fuelling revenue growth in the global market. Also, filtration is a critical component of biopharmaceuticals production, and membrane microfiltration is widely used to remove cellular debris and other cellular colloids. With a growing adoption of large molecule biopharmaceuticals owing to their therapeutic properties, the demand for membrane microfiltration technology in the production of biopharmaceuticals is expected to surge in the near future.

Membrane microfiltration is also extensively used in the food and beverages industry as a technology to separate and purify components and improve the quality and yield of food products. An increasing use in vegetable and fruit juices, fermented dairy products, milk and dairy products, non-alcoholic beverages, and other food and beverage products is expected to spur revenue growth of the global membrane microfiltration market to a significant extent. One of the other critical application areas of membrane microfiltration is in water treatment plants. Membrane microfiltration helps remove unwanted particles from water before the water is treated for purity using other processes such as reverse osmosis. A growing need for quality potable water is further driving growth of the membrane microfiltration market.

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Future Market Insights Recommends…

With newer applications of membrane microfiltration coming to the fore, Future Market Insights feels there is a great deal of opportunity for key players operating in the global market. Water treatment and food and beverages are two important end-use application areas that manufacturers can target with their advanced solution offerings. China is projected to be the fastest growing regional market for membrane microfiltration in terms of demand for the technology, and manufacturers would be well advised to focus on this region to augment their market share. By setting up robust supply chains in regions that are anticipated to develop at a faster pace in the coming years, manufacturers can benefit from the lucrative opportunities presented by local markets to up their current standing in the global membrane microfiltration market.

Key Segments Covered in the Membrane Microfiltration Industry Survey

Membrane Microfiltration by Material Type:

• Cross Flow Membranes
  • PES Membrane Filters
  • PP Membrane Filters
  • PVDF Membrane Filters
  • PTFE Membrane Filters
  • PEEK Membrane Filters
  • Poly Imide Membrane Filters
  • Cellulose Membrane Filters
• Direct Flow Membranes
  • PES Membrane Filters
  • PP Membrane Filters
  • PVDF Membrane Filters
  • PTFE Membrane Filters
  • PEEK Membrane Filters
  • Poly Imide Membrane Filters
  • Cellulose Membrane Filters

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Membrane Filtration by Application:

• Biopharmaceutical Processing
• Water Treatment Applications
• Dairy & Food Processing
• Chemical Applications
• Others

Membrane Filtration by Region:

• North America Membrane Filtration Market
• Latin America Membrane Filtration Market
• Europe Membrane Filtration Market
• East Asia Membrane Filtration Market
• South Asia & Pacific Membrane Filtration Market
• Middle East & Africa (MEA) Membrane Filtration Market

Author

Sabyasachi Ghosh (Associate Vice President at Future Industry Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Industry Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Industry Insights (FMI)

Future Industry Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the Industry. FMI stands as the leading global provider of Industry intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals Industrys. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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