Membranes Market Industry Insights, Growth Forecast, and Regional Trends 2032

According to Fortune Business Insights the global membranes market size was valued at USD 8.27 billion in 2024. The market is projected to grow from USD 8.79 billion in 2025 to USD 14.21 billion by 2032, exhibiting a CAGR of 7.0% during the forecast period. Membranes refers to barrier films that enable passing of selected particles and molecules depending on their size. The substantial investment by key players in the regional market to maintain competitive edge, further driving the market growth.

The COVID-19 pandemic had a negative impact on the market growth owing to the disruptions in production activities that substantially impacted the economies globally resulting in the economic slowdown.

Fortune Business Insights™ mentions this in a report titled, “Membranes Market, 2025-2032.”.

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Segmentations:

Polymeric Segment Dominates the Market Owing to Large Use of Polymeric Materials

By materials, the market is classified into polymeric, ceramic, and others. The polymeric segment accounted for the largest membranes market share in 2023 due to the large use of polymeric materials in membranes production, such as cellulose acetate, polyacrylonitrile, high-density polyethylene, polysulphone, polyethylsulphone, polytetrafluroethylene, polystyrene, polyamide, and polyvinylidene difluoride.

RO/FO Segment Leads the Market Due to its Wide Adoption of Cost-effective Technology

Based on technology, the market is classified Ro/FO, UF, NF, MF, and others. The RO/FO technology is dominating the market and is anticipated to grow during the forecast period with large adoption of the RO/FO technology in the wastewater and water treatment.

Water & Wastewater Treatment Segment Dominated Due to Increasing Water Pollution

On the basis of application, the market is segmented into water & wastewater treatment, food & beverage, gas separation, and others. In 2023, the water & wastewater treatment segment led the market and is expected to maintain its dominance during the projected period owing to the increasing water pollution due to rapid urbanization and industrialization.

Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Drivers & Restraints:

Increasing Water Pollution to Propel Market Growth

The increasing water pollution due to the rapid industrialization and urbanization in the developing nations and increasing pressure on the water resources to boost membranes market growth. The strict regulations for industry discharge to stop water pollution by lawmakers owing to the surging environmental concerns boost the adoption of membranes.

However, the surge in energy consumption and spoiling stream and water quality due to fouling hinder market growth.

Regional Insights:

Presence of Emerging Economies Drive Asia Pacific Market Expansion

In 2023, Asia Pacific dominated the market. The growth of the region is attributed to the presence of the emerging countries, including India and China, in terms of growth. China held the largest market share in the region in 2023 due to the surging number of regulations to protect natural water bodies.

Europe is the second dominating region in the market owing to the surging awareness related to the water scarcity problems and government initiatives to protect freshwater sources.

Competitive Landscape:

Growing Investments by Major Players on Research and Development Activities to Drive Market Growth

The major players in the membranes market are DuPont, KOCH, GE, and others. These key players are focusing on investment in research and development activities to maintain competitive edge, further propelling market growth.

Key Industry Development:

April 2023 – Dupont announced the acquisition of Desalitech, OxyMem Limited, Memcor, and inge GmbH. The acquisition of these four companies will substantially improve its water purification and separation technologies business by adding ultrafiltration, reverse osmosis, and ion exchange driving its product portfolio.

List of Key Players Present in the Report:

• TORAY INDUSTRIES, INC. (Japan)


• DuPont (U.S.)


• SUEZ (France)


• KOCH (U.S.)


• Pentair plc (U.S.)


• TOYOBA (Japan)


• Hydranautics – A Nitto Group Company (U.S.)


• Pall Corporation (U.S.)


• Seccua GmbH (Germany)


• Synder Filtration (U.S.)

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