Membrane Separation Market grow at 10.8% CAGR during by 2019

According to a market research report published recently by Transparency Market Research, the global membrane separation market is expected to exhibit a positive CAGR of 10.8% during the period from 2013 to 2019. The report, titled “Membrane Separation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, estimates the overall membrane separation market to be worth US$39.2 billion by 2019. The market was valued at US$19.0 billion in 2012.Membrane separation technology is extensively used for water and wastewater treatment. Degradation of water quality across the globe has adversely impacted the social and economic landscape of several nations around the world, especially the developing ones. The United Nations’ World Water Development Report 2012 revealed that around 3.5 million deaths occur each year owing to inadequate water supply. Membrane separation techniques are employed to process groundwater, surface water, and wastewater, demineralize boiler feed water, and desalinate seawater. The report points out that the implementation of various environmental norms and regulations has significantly increased the demand for membrane separation processes across various industrial sectors. Rising interest in water reuse and wastewater treatment has given a boost to the global membrane separation market. Large population in water stressed areas has impelled the governments to employ membrane separation techniques. This is anticipated to positively affect the global membrane separation market. 

Get free sample report:http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=1862

However, the report points out that the high operational and installation cost of the membrane separation techniques will restrict the growth of the market in developing nations. Adoption of other water cleaning processes resulting to improved quality of water will also hamper the growth of the global membrane separation market. The market has a huge opportunity to grow in the developing economies. Shift towards chemical free water treatment process in industries will also create new growth opportunities for the market.On the basis of process analysis, the global membrane separation market has been segmented into ultrafiltration, microfiltration, reverse osmosis, and nanofiltration. Microfiltration accounts for more than 35% share in the overall market.In terms of end user segments, the global membrane separation market has been categorized into water and wastewater treatment, healthcare, and industrial. Water and wastewater sector is the largest end user segment in the membrane separation market accounting for more than 36% share in the market.