The market growth is mainly driven by the growing applications of PVDF membranes in the pharmaceutical, food and beverage, and water treatment industries. These membranes offer excellent retention characteristics, low protein binding, and high flow rates that make them suitable for filtration of products such as preservatives and proteins.
On the basis of application, PVDF membrane is segmented into biopharmaceutical, water and wastewater treatment, food and beverage, and others. The biopharmaceutical application is estimated to hold the largest share in the PVDF membrane market, accounting 38.6% in 2017. The biopharmaceutical sector all over the world is witnessing tremendous growth owing to increase in disease prevalence. This results in upsurge in demand for more purified drugs, and vaccines for quick treatment of diseases, which in turn accelerates the demand of PVDF membranes in biopharmaceutical application. This is because these membranes offer excellent resistance to chemical and corrosion, have high mechanical strength, and can be molded to varied pore sizes as per filtration requirements.
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Increase in health issues arising from the consumption of toxic food and beverage is fueling the need of PVDF based membrane as it helps in filtering out toxic materials present in food and beverage products. Henceforth, many food and beverage companies are adopting the use of membrane separation technologies to cater to the demand of fresh and non-contaminated food and beverage. PVDF membrane are widely used in beer brewing, and removal of contaminants and spoilage organisms from food & beverage. Hence, the potential benefits of PVDF membrane in F&B industry drive the growth of the PVDF membrane market, globally.
Globally, Asia-Pacific is expected to be the fastest growing PVDF membrane market owing to the increasing demand of membrane separation technologies from the water treatment industry in the region. The rising water scarcity issue across Asia-Pacific is intensifying the demand for reusable water, leading to the emergence of membrane processes that are projected to be a promising solution for water reclamation. Also, due to the increasing advancements in biopharmaceutical and life sciences areas, the membrane technology is estimated to witness a remarkable growth across the emerging economies of the region, such as China, India, and South Korea.
North America is estimated to hold the largest share in the PVDF membrane market, with more than 30.0% revenue contribution in 2017. This is attributed to the increasing use of membrane technology in the biopharmaceutical, water and wastewater treatment, and food and beverage industries. The water and wastewater treatment industry is experiencing a resurgence in North America due to growing population and increasing demand of water from various manufacturing industries. Thus, the need for clean water, reuse of water, and advanced filtration technologies is the major factor driving the demand of these membranes in the region.
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Europe is estimated to be the second largest PVDF membrane market, with a share of more than 25.0% in 2017. The major growth driver for the market in the region is the increase in demand for pure water owing to rising population, changing climate, and urbanization. As per the Water Resource Group, water supply-to-demand gap is likely to reach almost 40.0% by 2030. Additionally, in Europe, the emergence of membrane filtration technologies has opened an avenue for research and innovation to fulfill human, environmental, and industrial needs.
Some of the major players operating in the global PVDF membrane market are Arkema Group, Danaher Corporation, Toray Industries Inc., Thermo Fisher Scientific Inc., CITIC Envirotech Ltd., Bio-Rad Laboratories Inc., Merck Group, Koch Membrane Systems Inc. (KMS), General Electric Company, and Membrane Solutions LLC.
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