U.S. market for Membrane Technology to reach $3.5 billion by 2019

Membranes are essential to a wide range of applications from potable water, process water, and wastewater treatment to power generation, pharmaceuticals production, food and beverage processing, among other range of products. With a more upbeat economic forecast, both municipal and industrial end users of membrane products are forecast to make near-term capital investments. In the longer term, strong growth is anticipated, as the need for environmental protection and for updated process equipment speed the pace of investment.

BCC Research provides an in-depth study of the U.S. membrane market through its report, Membrane Technology for Liquid and Gas Separations. According to the report, the combined U.S. market for membranes used in gas and liquid separating applications was valued at approximately $2.2 billion in 2013 and is estimated to reach nearly $2.4 billion by 2014-end. BCC Research projects this market to increase to nearly $3.5 billion by 2019 with a five-year compound annual growth rate (CAGR) of 7.9% from 2014 to 2019.

RSS Feeds – Membrane and separation technology

Use this report for, but not limited to, the following reasons:

• Gain an overview of the world market for the anaerobic digestion equipment used to transform waste materials into sustainable energy
• Analyze global market trends, with data for 2013, and projections of compound annual growth rates (CAGRs) through 2018
• Obtain information on the best strategies used by governments responsible for sustainable waste handling and energy supply solutions
• Examine current as well as future trends in the market for industry players and technology developers to understand and strategize their investments

SAMPLE FIGURE

U.S. MARKET FOR MEMBRANE MODULES USED IN GAS AND LIQUID SEPARATIONS, 2002-2019

($ MILLIONS)

 

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