RO membrane market
The growing requirement for RO membrane in water & wastewater treatment is driving the market
The global reverse osmosis (RO) membrane market size is projected to reach $5.0bn by 2026 from $3.1bn in 2021, at a CAGR of 10.0% during the forecast period, according to a new report published by MarketsandMarkets™.
The growing requirement for RO membrane in water & wastewater treatment is driving the market. In addition, increasing water scarcity and evolving government regulations mandating treatment of industrial and municipal wastewater are also driving the RO membrane market.
The increase in demand for industrial process water and growth in urbanization in the emerging economies, such as APAC, Middle East & Africa, and South America, are also driving the market.
Based on type, thin-film composite membranes is estimated to be the largest market in the overall RO membrane market in 2021.
Thin-film composite membranes are widely for water & wastewater treatment. Thin-film composite membranes are semipermeable membranes that are manufactured primarily for use in water purification or desalination systems.
These membranes have high rejection for undesirable materials such as metal ions and salts, good mechanical strength, and high filtration rate.
In addition, these membranes possess good chemical and mechanical stability and portray excellent membrane formability characteristics.
Based on type, thin-film composite membranes is estimated to be the largest market in the overall RO membrane market in 2021.
Water & wastewater treatment segment is estimated to be the largest end-use industry for the RO membrane market.
Water scarcity and growing regulations mandating wastewater treatment and reuse are significantly driving the market for the water & wastewater treatment segment.