Chemicals Industry Today
Membrane Chemicals Market to grow at over 6% CAGR through 2031
The membrane chemicals Market is forecast to ascend at over 6% CAGR attracting more potential stakeholders as stated in the latest revised report by Future Market Insights (FMI). With the rise in requirement for efficient and advanced water management solutions, scale inhibitors and dechlorinants are projected to register impressive growth during the forecast period of 2021 to 2031.
Though the outbreak of the COVID-19 pandemic temporarily halted the industry growth, earlier in 2020, the steadily recovering end-use sectors such as chemical, food & beverages, and power made manufacturers and suppliers optimistic again.
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The latest revised edition of the ‘membrane chemicals’ market study published by the Future Market Insights (FMI) thoroughly analyze the global industry potential and growth scope. The report also provides detailed insights of new trends and demand-supply patterns across 20+ countries with special emphasis on the leading regions such as North America, Europe, and Asia Pacific during the forecast period of 2021 to 2031.
Key Takeaways from Market Study
The global membrane chemicals industry is forecast to grow at over 6% CAGR through 2031
- High requirement in wastewater treatment to fuel the sales of manufacturers
- Requirement for scale inhibitors to gain traction
- The United States remains the hotspot for industry players in North America
- Germany to lead in Europe membrane chemicals industry
- Asia Pacific to emerge fastest-growing industry for membrane chemicals
- China, Japan, Canada, the United Kingdom, India, Italy, and a few other countries to maintain positive industry outlook
“With the demand for scale inhibitors, dechlorinants, and biocides becoming prominent in filtering solids and other water impurities, industry players are subject to come across lucrative growth scope in the near future,” says an FMI analyst.
How is the Demand from Municipality Sector Boosting the Sales of Membrane Chemical Suppliers?
Various type of membrane chemicals such as coagulates, flocculants, PH adjusters, and scale inhibitors are extensively used in treating vast range of RO/UF/NF/MF membrane foulants and scalants. As a result, these are highly sought-after in municipality sector in order to provide with highly efficient water treatment solutions.
According to the report published by the European Commission (EC), in the Europe municipality sector, most dominant segment is the service one, which represents 60% of all economic activity. As per the report, the main aim of the municipality during the period of 2014 to 2020 was related to integrated sustainable development, increasing the standard of living through utilization of own resources, along with closer cooperation with European Union (EU) institutes. While such initiatives helped in strengthening municipality sector, it also signifies arrival of new opportunities for membrane chemical manufactures around the globe.
Who is Winning in this Space?
The global membrane chemicals industry offers cut-throat competition to key players. In order to sustain their leading positions, key players are focusing on both quality and quantity of their products.
For instance,
- Veolia Water recently launched its Point-of-Use Water Systems, Point-of-Use Laboratory Water Systems, Point-of-Use Water Purification Systems, and others by incorporating various membrane chemicals in order to target diverse end-use industries
- GE Water and Process Technologies launched its new ZeeWeed Hollow-Fiber Membranes, LEAP MBR, and others during the last 5 years
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Membrane Chemicals Market Segmentation by Category
Product Type
- Scale Inhibitors
- Coagulants & Flocculants
- Biocides
- PH Adjusters
- Dechlorinants
- Other Membrane Chemicals
End User
- Municipal
- Power
- Food & Beverage
- Chemicals
- Desalination
- Paper & Pulp
Region
- North America
- Latin America
- Europe
- Middle East and Africa (MEA)
- East Asia
- South Asia
- Oceania
Which are the top companies providing membrane chemicals?
Which are some of the lucrative markets for membrane chemicals?
Which product type accounts for high sales of membrane chemicals?
Which is the key end-use industries for membrane chemicals?
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.
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