The global nonwoven – industrial membranes market size to grow from USD 1.2 billion in 2020 to USD 1.6 billion by 2025, at a CAGR of 5.7% from 2020 to 2025. Factors, such as the increasing number of end-use applications and rapid industrialization, coupled with increasing importance of water and wastewater treatment are driving the nonwoven – industrial membranes market. The nonwoven textiles sector is undergoing significant changes with the increasing significance of new applications in industrial membranes, which are further used in food & beverage, pharmaceutical, geotextiles, water treatment, and other industries.
Download PDF Brochure to Kno More: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=257165275
Spiral wound is estimated to dominate the nonwoven – industrial membranes market
Spiral wound, by module type, accounted for the largest market share in the nonwoven – industrial membranes market. Spiral-wound membranes are produced by winding consecutive layers of feed spacer, membrane, permeate collection channel, and a membrane around perforated center tube for permeate collection. Majority of the reverse osmosis membranes are spiral wound. They offer similar advantages as the others at lower energy costs due to their reduced pumping requirements and higher packing density.
Water & wastewater is estimated to be the largest segment in the nonwoven – industrial membranes market
Water & wastewater, by application, accounted for the most significant demand for nonwoven – industrial membranes in 2019, in terms of value and volume. The implementation of legislation to achieve improved treatment standards and water resource scarcity has created demand for membranes for saline or wastewater treatment. The growing demand for clean water, environmental concerns, and stringent government regulations for water quality led to an increased consumption of membranes in municipal and industrial water & wastewater treatment plants.
The APAC region is projected to lead the nonwoven – industrial membranes market, in terms of both value and volume from 2020 to 2025. According to the World Bank, APAC was the fastest-growing region, in terms of both population and economy. Countries such as India and China are expected to post high growth in the nonwoven – industrial membranes market due to the increasing developmental activities and rapid economic expansion.
According to the World Bank, the two economic giants of the APAC region, China and Japan, are the world’s second- and third-largest economies in 2019. In addition to this, the growing population in these countries presents a huge customer base which is resulting in the growth of end-use secftors like water & wastewater treatment, food & beverages, and pharmaceuticals, which will in turn propel the market for non-woven – industrial membranes.
Ahlstrom-Munksjo (Finland), Berry Global Inc. (US), Glatfelter Company (US), Toray Industries (Japan), Freudenberg (Germany), 3M Company (US), Lydall Inc. (US), and TWE Group (Germany) are the key players operating in the nonwoven – industrial membranes market. Acquisitions are some of the significant strategies adopted by these key players to enhance their positions in the nonwoven – industrial membranes market.
Request For Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=257165275
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Address:630 Dundee Road Suite 430
State: IL 60062
Country: United States