The global membrane contactor market is projected to reach a market size of USD 373.2 Million by 2027 and register a high CAGR during the forecast period, according to a latest report by Reports and Data. Key factors driving market growth include rising inclination toward achieving greater operational flexibility, controlled high interfacial area, less energy-consuming solutions, and linear scale-up with modular and more compact designs as compared to that offered by conventional devices such as gas absorbers.
Membrane contactors (MCs) is highly preferred for its advanced paradigm of membrane technology and an vast potential for applications in various sustainable and eco-friendly processes, including water desalination, industrial, commercial and municipal wastewater treatment, pharmaceutical processing, food & beverage production, protein extraction & crystallization, semiconductor & electronics manufacturing and VOC removal.
Advantages offered by membrane contactor systems over traditional column contactors, such as reduced overall size, higher operational flexibility, elevated mass transfer rate with linear scale-up, and considerable possibility of integration are factors driving growth of the global membrane contactor market.
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Further Key Findings in the Report
- In March 2020, Nel ASA and Kværner AS announced their strategic collaboration on specific green hydrogen projects and standardization of solutions for large-scale hydrogen production plants.
- Rise in demand for clean and safe water has increased investments in water treatment globally, thereby driving global membrane contactor market growth, as membrane contactors are widely used in water treatment.
- The hollow fiber segment accounted for the largest revenue share in the global membrane contactor market in 2019, as membrane contactors with hollow fiber configuration are frequently applied owing to their larger contact surface area compared to their alternatives.
- Revenue from the Asia Pacific membrane contactor market is expected to increase at a CAGR of 8.0% over the forecast period owing to significant growth of the industrial sector and clean water programs being implemented countries in in this region.
- Among the materials segments, the hydrophobic membranes segment accounted for the largest market revenue share of 62.4% in 2019, which can be attributed to prevention of membrane wetting offered by hydrophobic membranes. Revenues from this segment are expected to increase at a CAGR of 5.4% over the forecast period.
- Key market players include 3M Company, Hydro-Elektrik GmbH, Veolia Environnement SA, Pure Water Group, Lenntech B.V., Compact Membrane Systems, Cobetter Filtration Equipment Pvt. Ltd., PTI Pacific Pty. Ltd., JU.CLA.S Srl, and Entegris, Inc.
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For the purpose of this report, Reports and Data has segmented the global membrane contactor market on the basis of material, membrane type, end-use industry, configuration, phase, and region:
Material Outlook (Revenue: USD Billion; 2017–2027)
- Polypropylene
- Polytetrafluoroethylene
- Others
Membrane Type Outlook (Revenue: USD Billion; 2017–2027)
- Hydrophobic
- Hydrophilic
End-use Industry Outlook (Revenue: USD Billion; 2017–2027)
- Microelectronics & Semiconductors
- Oil & Gas
- Processing
- Water Treatment
- Power & Steam Generation
- Others
Configuration Outlook (Revenue: USD Billion; 2017–2027)
- Hollow Fiber
- Capillary
- Flat Sheet
Phase Outlook (Revenue: USD Billion; 2017–2027)
- Gas–Liquid
- Liquid–Liquid
Along with the basic information, the report also offers insights into marketing strategies readily adopted by the key manufacturers for the endorsement of their products. The report offers significant data pertaining to development trends and market position to offer deeper insights into targeted clients, brand promotions, and pricing analysis. The report also sheds light on the supply chains and the changes in the trends of the upstream raw materials and downstream distributors.
The report explains the market share and sales volume of each company, along with the key details of the operations of these companies. The report further offers extensive coverage of their product portfolio, business expansion plans, gross profit margins, revenue contribution, investment plans, and financial standings. The report also covers the strategic alliances observed within these key companies such as mergers and acquisitions, joint ventures, corporate and government deals, partnerships and agreements, and brand promotions and product launches.
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Furthermore, the research study gives additional insights into the companies’ regional presence through extensive regional analysis. The regional analysis covers the key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The regional analysis segment covers details about the market share held by each region along with the prospective growth opportunities and revenue generation. The report also offers a projection of the growth rate for each region in the entirety of the forecast timeline. It also offers a country-wise analysis to impart a better understanding of the industry.
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The report provides a detailed and extensive analysis on global Membrane contactor Market by Fast.MR Market Research , that can be used to obtain a thorough understanding of the Membrane contactor Industry, including the latest developments in the studied market.The report mainly studies the market size of Membrane contactor Products/Services, recent trends and status of growth, as well as investment opportunities, market dynamics (such as growth drivers, restraints), and industry news updates (such as mergers, acquisitions, and investments).The efficiency of the product/service will be further optimized by technical advancement and development, making it more broadly used in downstream applications.Our research analysts have carefully examined both the positive and negative factors affecting the Membrane contactor Market.
The current pandemic situation of COVID-19 has adversely affected the market, our analysts have covered- up all possible impacts of it that is going to affect the Membrane contactor Market during post COVID-19 period.
The qualitative approach which is an exploratory approach and uses activities such as focus groups, in-depth interviews and Ethnographic research – which involves participant observation as part of field research and the quantitative approach uses objective measurements and numerical analysis of data that is collected through research methods such as surveys, polls and questionnaires.Access Sample Report With Detail Analysis COVID -19 @ https://www.fastmr.com/request-s/268Market Segmentation:The research offers a comprehensive analysis of global Membrane contactor Market with respect to following sub-markets:By Membrane:PolypropylenePolytetrafluoroethylenePolyethylenePVDFPFAABSPolyvinyl chlorideFRPOthersBy Application:Water and Wastewater TreatmentFood ProcessingPharmaceuticals ProcessingMicroelectronics & SemiconductorsPower and Steam GenerationOil & GasOthersRegional Analysis:-North America (U.S. & Canada).-Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe).-Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific).-Latin America (Brazil, Mexico, and Rest of Latin America).-Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa).Aim of the study:The study provides a detailed competitive landscape along with comprehensive analysis of product line, product innovation, technological development, business models, market share and size of global Membrane contactor Market.
The report covers a study of recent industry trends, including product releases, mergers, acquisitions, alliances, joint ventures and collaborations.
The study provides a futuristic understanding of business scenario for the 2020-2025 forecast period.Leading players of Membrane contactor Market are as follows:The market research report provides analysis of major & niche key market players in global Membrane contactor Market based on their sales & revenue, market served, products, regional growth, and other factors.
Ltd.Kværner ASALenntech B.V.Compact Membrane SystemsEuwa H. H. Eumann GmbH3M CompanyRomfil GmbHCLA.S SrlVeolia Environnement SAKH TEC GmbHHydro-Elektrik GmbHEurowaterOther PlayersThe Following are the Key Features of Global Membrane contactor Market Report:-Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis-Growth Drivers and Barriers, Market Trends & Market Opportunities-Porter’s Five Forces Analysis & Trade Analysis-Market Forecast Analysis for 2020-2025-Market Segments by Geographies and Countries-Market Segment Trend and Forecast-Market Analysis and Recommendations-Price Analysis-Key Market Driving Factors-Membrane contactor Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.Browse Full Report With Detail Analysis With COVID -19 Impact @ https://www.fastmr.com/report/268/membrane-contactor-marketKey Questions Answered-What is the impact of Covid-19 on Global Membrane contactor Market and strategies for recovery?-What are the new trends influencing the growth of Membrane contactor Market?
