Worldwide Reverse Osmosis Membrane Industry to 2025 - Asia-Pacific Region Expected to Dominate the Market

DUBLIN, Sept. 25, 2020 /PRNewswire/ -- The "Reverse Osmosis Membrane Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.

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The market for reverse osmosis membrane is expected to grow at a CAGR of over 10% globally during the forecast period. Increasing demand for pure water and growing demand for the physical water treatment process is driving the market growth. A high price bar of membranes is expected to hinder the growth of the market studied.

    --  Reverse Osmosis Membrane market is expected to grow during the forecast
        period owing to the increasing application in the Industrial Sector.
    --  Asia-Pacific region dominated the market across the globe with the
        largest consumption from countries such as China, India, and Japan.

Key Market Trends

Growing Application in Industrial Sector

    --  Reverse osmosis is a water purification process that uses a partially
        permeable membrane to remove ions, unwanted molecules and larger
        particles from drinking water. Reverse osmosis (RO) process uses a
        partially permeable membrane to remove unwanted molecules and larger
        particles from drinking water. The process is similar to other membrane
        technology applications.
    --  In pharmaceutical, chemical and food & beverage industries purified
        water plays an important role in the reaction mechanism where the use of
        reverse osmosis member technology plays a vital role.
    --  About 296 approved cold chain projects have been approved in India as in
        May 2019 with an estimated investment of about INR 8,219 crores (~USD
        1.14 trillion) creating a major scope for the usage of reverse osmosis
        membrane for water purification.
    --  The industrial sector leads the utilization of reverse osmosis membranes
        with China, India, the United States, China, Germany, playing a major
        role in this market.

Asia-Pacific Region to Dominate the Market

    --  Asia-Pacific region is expected to dominate the market for reverse
        osmosis membranes during the forecast period. In countries like China,
        India, and Japan due to the growing need for pure water, the demand for
        reverse osmosis membrane technology has been increasing in the region.
    --  The largest producers of reverse osmosis membranes are located in the
        Asia-Pacific region. Some of the leading companies in the production of
        reverse osmosis membrane are BNKO Environmental Technology (Shanghai)
        Co., Ltd, Permionics Membranes Private Limited, Samco Technologies, Inc,
        NITTO DENKO CORPORATION, TORAY INDUSTRIES, INC.
    --  Thin-film composite membrane and cellulose-based membrane are two
        different types of membranes commonly used amongst which thin-film
        composite membrane has 99% efficiency in purifying water and thus is
        widely accepted.
    --  The traditional method of purifying water in this region with chemicals
        is being replaced with membrane technology with growing awareness in
        developing countries has created scope for this market.
    --  In developing countries like China, India and Japan, to reduce the usage
        of polluted water which acts as severe health hazard, many purification
        techniques are being adopted amongst which reverse osmosis is widely
        applied owing to its high efficiency in purifying water.
    --  In India, the average annual per capita drinking water availability in
        2001 was 1,820 cubic metres and the government estimates that this may
        reduce to 1,341 cubic metres by 2025 and 1,140 cubic metres by 2050
        increasing the scope for the application of these membranes in purifying
        salt water for drinking and other sanitary usage purposes in the region
    --  The aforementioned factors coupled with government support are
        contributing to the increasing demand for reverse osmosis membrane
        market during the forecast period.

Competitive Landscape

The global reverse osmosis membrane market is partially fragmented with players accounting for a marginal share of the market. Few companies include are BNKO Environmental Technology (Shanghai) Co., Ltd, Permionics Membranes Private Limited, Samco Technologies, Inc, NITTO DENKO CORPORATION, TORAY INDUSTRIES, INC.

Reasons to Purchase this report:

    --  The market estimate (ME) sheet in Excel format
    --  3 months of analyst support

Key Topics Covered:

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand for Pure Water
4.1.2 Growing Demand for Physical Water Treatment Process
4.2 Restraints
4.2.1 High Price Bar of Membranes
4.2.2 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Degree of Competition

5 MARKET SEGMENTATION
5.1 Membrane Type
5.1.1 Thin Film Composite
5.1.2 Cellulose Based
5.2 Application
5.2.1 Residential
5.2.2 Commercial
5.2.3 Municipal
5.2.4 Industrial
5.2.5 Others
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 France
5.3.3.4 Italy
5.3.3.5 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share/Ranking Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Axeon Water Technologies
6.4.2 BNKO Environmental Technology (Shanghai) Co., Ltd
6.4.3 DuPont
6.4.4 Koch Membrane Systems, Inc
6.4.5 NITTO DENKO CORPORATION
6.4.6 Permionics Membranes Private Limited
6.4.7 Samco Technologies, Inc
6.4.8 Synder Filtration, Inc
6.4.9 TORAY INDUSTRIES, INC.
6.4.10 Toyobo.Co.Ltd

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Demand for Water Purification in Developing Countries
7.2 Other Opportunities

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