Global Membranes Market: Key Highlights
Global Membranes Market: Key Market Dynamics
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Global Membranes Market: Regional Overview
The Membranes market in the Asia-Pacific region is projected to witness high demand due to the increasing demand from water & wastewater, chemical, pharmaceutical and many other industries in the region. China is expected to dominate the market in the Asia-Pacific region. Followed by India and Japan. The Chinese membrane market in water and wastewater application is driven by the effluents produced from various industries, such as power generation, chemicals, food and beverage, mineral processing, and pulp and paper, among others, which require freshwater for day-to-day activities.
Owing to the rapid growth of the various industries in Europe, the demand for membranes is expected to increase. For instance, the European Investment Bank to invest USD 12 million to modernize water supply infrastructure and wastewater treatment equipment, which is expected to spur the membrane market in the Europe region.
Global Membranes Market: Key Players Overview
DuPont is a US-based company engaged in the invention of technology-based materials, ingredients and solutions. The company server its products and solutions to electronics, transportation, building and construction, health and wellness, food industry. The Company has subsidiaries in about 70 countries worldwide and manufacturing operations in about 40 countries. In September 2019, DuPont announced to sign an agreement to acquire the Ultrafiltration Membrane business from BASF. The combination of the DuPont and BASF ultrafiltration technologies adds to DuPont’s leading portfolio of water purification and separation technologies including ultrafiltration, reverse osmosis and ion exchange resins.
TORAY INDUSTRIES, INC is an integrated chemical company operating in 26 countries globally. Through the following business segment company, manufacture develops and sales its products globally. The business segments are fibres and textiles, performance chemicals, carbon fibre composite materials, environment and engineering, life science, and others. In November 2019, Company’s “ROMEMBRA RO” and “TORAYFIL UF” membrane technologies got selected for a
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