Hollow fiber membranes market to exceed $6B by 2025

June 7, 2019

The hollow fiber membranes market is expected to exceed $6.14 billion by 2025, according to research conducted by Global Market Insights.

The hollow fiber membranes market is expected to exceed $6.14 billion by 2025, according to research conducted by Global Market Insights. The rising need for fresh and high-quality water in the pharmaceutical, biotechnology and food and beverage industries, along with rising regulations on water conservation and improving process efficiencies, will drive the hollow fiber membranes market.

Hollow fiber membranes are a type of artificial membrane made of polymers and ceramic tha contain semipermeable barriers in the form of hollow fiber. These fiber membranes are made of various materials, majorly PVDF, PTFE, polyimides, polyether sulfones, cellulose triacetate, polyacrylonitrile and ceramics. This report focusses on the hollow fiber membrane modules that are supplied in different sizes and dimensions to a wide range of industries such as food and beverage (juice processing, beer production, dairy and cheese, grain products, plant extract products, syrup production and fish, seafood and animal products).

Hollow fiber membranes also find wide applications in pharmaceuticals and biotechnology applications for recovery of chemicals derived from fermentation process and distillery products. These membranes also find applications in fine chemical processing, pigments and dyes industries, soda treatment plants and wastewater treatment for textile and wood.

Water and wastewater treatment is the largest and fastest growing end user of the hollow fiber membranes market, constituting about 46% share in 2017 and forecasted to grow at a compound annual growth rate (CAGR) of almost 9%. Global growth is driven by desalination plants, improved demand of food and beverage, constant innovation in biotechnology processes and rising population.

This type of membrane filtration is used for microfiltration (MF), ultrafiltration (UF) and reverse osmosis (RO). MF is a low-pressure filtration technology used for separating large molecular weight suspended compounds from dissolved solids. UF is used in handling low molecular weight compounds such as salts and minerals in industrial wastewater treatment, food and beverage and oil and gas. RO is a high-pressure energy efficient process used in industrial processes and handling drinking water.

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