Market Snapshot
Fact.MR- a market research and competitive intelligence provider- expects sales of membrane filtration systems to incline in 2021 and beyond. Prospects escalated significantly amid the COVID-19 crisis, as this technology was investigated for manufacturing face masks and other purification systems.
This latest market report traces global membrane filtration systems sales for 2016-2020. A market forecast is offered for the period ranging from 2021-2031. Extensive growth of the food & beverage industry and advancements in healthcare will continue driving growth.
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Key Developments in the Membrane Filtration Systems Market
In November 2020, METAWATER acquired the entire share capital of Rood Wit Blauw Holding B.V. (RWB), a water treatment engineering firm in the Netherlands. With this acquisition, METAWATER aimed to expand its European business and promote international expansion.
In addition to buying Mecana Umwelttechnik in Switzerland, acquiring FUCHS Enprotec GmbH in Germany, and acquiring RWB in the Netherlands, METAWATER will be able to capitalize on the resources of each company to strengthen and expand its European business.
Furthermore, RWB provides various types of water treatment systems throughout Europe, including the Netherlands, Sweden, Belgium, Germany, the United Kingdom, Norway, and Spain. Moreover, RWB has provided ceramic membrane filtration systems at more than ten sites, specializing in METAWATER technology.
On June 17, 2020, H2O Innovations announced a strategic alliance with Nanostone and confirmed its position as a Ceramic Membrane System Integrator in the water industry.
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Membrane Filtration Systems: Prominent Players
Prominent players in the global market are as follows:
- Suez Water Technologies and Solutions
- GEA Group AG
- Pall Corporation
- Alfa Laval AB
- Koch Membrane Systems Inc.
- Prominent GmbH
- Pentair Plc.
- SPX Flow, Inc.
- 3M Company
- Porvair Filtration Group
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Membrane Filtration Systems: Regional Outlook
The global market is segmented into seven different regions: Latin America (Brazil, Mexico), North America (USA, Canada), Europe (Germany, Spain, UK, France and Russia), and MEA (GCC, North Africa and South Africa).
Other regions are South Asia (India, Thailand, Malaysia, Indonesia, and Rest of South Asia), East Asia (China, Japan and South Korea), and Oceania (New Zealand and Australia).
During the forecast period, among all the regions, Asian regions are expected to dominate the market due to significant demand for sustainable filtration technology from different industries such as water processing, food and beverages, etc.
To ensure safe drinking water supply to the ever increasing population in developing countries such as China and India, manufacturers are introducing sustainable purification technologies, which are likely to augment growth prospects.
Membrane Filtration Systems: Dynamics
The global market is majorly driven by rising awareness among consumers about the importance of the water filtration process. As water resources are becoming highly contaminated, industries are seeking advanced purification methods, providing greater scope for membrane filtration systems.
Besides, tightening government regulations regarding filtration and safety standards are driving the global market for membrane filtration systems across major industries.
Advancements in technology related to membrane filtration systems is increasing day by day and expected to continue the same over the forecast period, which will drive the market for global membrane filtration systems.
Furthermore, factors such as development in generic productions, high growth in dairy and pharmaceutical industries are expected to boost the global market during the forecast period.
For More Insights- https://www.einpresswire.com/article/556608822/sales-of-uv-cured-acrylic-adhesives-is-set-to-swell-2-1x-over-the-forecast-period
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