The Global Membrane Filtration market is valued at USD 15.31 Billion in 2021 and is projected to attain a value of USD 17.36 Billion by 2028 at a CAGR of 38% during the forecast period, 2022–2028.
Moreover, the population across the globe is increasing at its wildest level further increasing the supply and demand gap for pharmaceutical products. Thus, to grasp the opportunity several key players are increasing their production and rapid development in generics production is anticipated to increase the demand for pharmaceutical membranes further propelling the market growth. Also, the rising investments from the government and several key players for Research and Development (R&D) are further projected to fuel the market growth. Furthermore, the availability of improved nanofiltration techniques and snowballing demand for single-use technologies is anticipated to boost the Pharmaceutical Membrane Filtration Market growth in the near future over the forecast period of 2022-2028.
The Membrane Filtration is Segmented as Follows:
- Product Type
- Reverse Osmosis
- Water & Wastewater
- Food & Beverages
- North America
- Asia Pacific
- Middle East & Africa
- Latin America
What Will be the Market by 2028?
Our report on Pharmaceutical Membrane Filtration Market has covered the study of the latest development and investment in the market. Furthermore, the report covers the value chain analysis, regulatory analysis, market attractiveness analysis, and Porter’s five forces analysis, for Pharmaceutical Membrane Filtration Market. Moreover, our report includes market drivers, restraints, and opportunities along with COVID-19 impact analysis, historical & descriptive analysis, forecasts & predictive analysis. The global Pharmaceutical Membrane Filtration Market is valued at USD 6.48 Billion in 2021 and is expected to reach USD 14.16 Billion in 2028 at a CAGR of 11.8%.
Suez Water Technologies and Solutions (US), DowDuPont (US), Alfa Laval AB (Sweden), GEA Group AG (Germany), 3M Company (US), Pall Corporation (US), Koch Membrane Systems Inc (US), SPX Flow, Inc. (US), Veolia (France), Prominent GmbH (Germany), Porvair Filtration Group (UK) and Pentair Plc. (US) are some of the key players in the global market.