Rising contamination in tap water, stringent government regulations and increasing awareness of microbial & chemical contamination in water sources, drives the United States Membrane Separation Technology Market through 2025
According to TechSci Research report, “United States Membrane Separation Technology Market, By Technology (RO, UF, MF, NF and Others), By Application (Water & Wastewater Treatment, Food & Beverage, Medical & Pharmaceutical, Industry Processing and Others), By Company and By Geography, Forecast & Opportunities, 2023’’, United States Membrane Separation Technology Market is projected to post growth at a steady CAGR by 2023, owing to the rising contamination of tap water. Dumping of industrial wastes in water bodies, farming pollution, and water plant and distribution pipe deterioration have led to increasing instances of water contamination in the country. Rising need to provide safe drinking water is likely to drive the growth of United States Membrane Separation Technology Market by 2023. Additionally, stringent government regulations such as the Environmental Protection Agency’s ‘Safe Drinking Water Act’ is predicted to drive the growth of membrane separation technology market by 2023. The increasing awareness of microbial and chemical contamination in water sources will propel the demand for Membrane Separation Technology Market during the forecast period. Factors such as increasing investments in R&D to develop cost effective filtration methods, rising adoption in the wastewater treatment and growing demand from various end-use industries will ensure robust growth of the market by 2025.
Moreover, the rising use of water treatment plants for residential as well as municipal purposes to recycle water is anticipated to drive the growth of the market in the next five years. Further, the increasing need for water desalination units and brackish water treatment is expected to propel the demand for Membrane Separation Technology Market in the United States by 2025.
Based on the technology, nanofiltration segment is anticipated to lead the market during the forecast period as it enables the removal of even very small impurity particles without involving any toxic chemicals. Based on the applications, the water and wastewater segment is expected to lead the market between 2018 to 2023 due to the rising need of ensuring safe tap water.
The Dow Chemical Company, The 3M Company, GE Water & Process Technologies, Hydranautics, Danaher Corporation etc, are major companies operating in the United States Membrane Separation Technology Market.
South Region is projected to lead the United States Membrane Separation Technology Market by 2023, owing to high population density in the region coupled with increasing adoption of Membrane Separation Technology by various end-use industries in the region such as food and beverage manufacturers, pharmaceutical companies etc which require aseptic conditions for their production process to provide contamination free products to their consumers.
“The United States Membrane Separation Technology Market is a developed market, due to widespread use of membrane separation technology for municipal, residential as well as commercial purposes. Moreover, the stringent government regulations regarding water safety as well as conservation along with the growing trend of replacing the older technology with new and advanced technologies is expected to drive the Membrane Separation Technology Market through 2023.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based United States management consulting firm.
“United States Membrane Separation Technology Market, By Technology (RO, UF, MF, NF and Others), By Application (Water & Wastewater Treatment, Food & Beverage, Medical & Pharmaceutical, Industry Processing and Others), By Company and By Geography, Forecast & Opportunities, 2025” has evaluated the future growth potential of United States Membrane Separation Technology Market and provides statistics and information on market size, structure and future market growth. The report offers decision makers superior market intelligence, thereby enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market inclinations along with indispensable drivers, challenges and opportunities in United States Membrane Separation Technology.
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