The report “Reverse Osmosis (RO) Membrane Market by Type (Thin-film Composite Membranes, Cellulose Based Membranes), End-use Industry (Water & Wastewater treatment, Industrial Processing), Filter Module, Application, and Region – Global Forecast to 2026″, The global RO membrane market size is projected to reach USD 5.0 billion by 2026 from USD 3.1 billion in 2021, at a CAGR of 10.0% during the forecast period. The growing requirement for RO membrane in water & wastewater treatment is driving the market. In addition, increasing water scarcity and evolving government regulations mandating treatment of industrial and municipal wastewater are also driving the RO membrane market. The increase in demand for industrial process water and growth in urbanization in the emerging economies, such as APAC, Middle East & Africa, and South America, are also driving the market.
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- 206 Market data Tables
- 46 Figures
- 217 Pages and in-depth TOC on “Reverse Osmosis (RO) Membrane Market – Global Forecast to 2026”
Some of the prominent key players are:
· DuPont Water Solutions (US)
· Toray Industries (Japan)
· Suez Water Technologies and Solutions (US)
· Hydranautics (US)
· LG Chem (South Korea)
· Koch (US)
· Mann Hummel Water & Fluid Solutions (Germany)
· Membranium (Russia)
· Toyobo Co. Ltd. (Japan)
Driver: Government regulations and increasing demand of clean drinking water
The government regulations and increasing demand for clean processed drinking water are driving the water and wastewater treatment industry. Government of different countries have initiated various programs, such as Water Management Action Plan (2009) and the Environmental and Resource Efficiency Plan in Australia (2008), The Special Plan for Seawater utilization in China (2005), and the US Clean Water Act (1972, Amendment 1987) for clean and safe water, and others. They also have emphasized on treating and reusing contaminated water. The World Health Organization (WHO) has set international guidelines for drinking water for all the countries. All these regulations and mandatory water treatment initiatives are expected to drive the market for RO membranes soon.