Market Overview:
The global thin film composite membrane material in RO market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of this market is mainly attributed to the increasing demand for desalination and RO purification systems across the globe. In addition, rising awareness about waterborne diseases and growing demand for clean drinking water are also propelling the growth of this market. On the basis of type, polyamide composite membranes are expected to account for a major share of the global thin film composite membrane material in RO market during the forecast period. This can be attributed to their high performance and durability as compared to other types of membranes available in this market.
Product Definition:
Thin film composite membrane material is a type of membrane that is made up of two or more layers of different materials. This type of membrane can be used in reverse osmosis systems to remove contaminants from water.
Polyamide Composite Membrane:
Polyamide composite membrane is a thin film composite material, which consists of polyamide and carbon nanotube as main components. Polyamide has good mechanical strength, thermal stability and electrical resistance. On the other hand, carbon nanotubes have excellent water vapor transmission capacity along with high thermal conductivity for better heat dissipation from the membrane surface.
GO-based Polyacrylonitrile Membrane:
GO-based polyacrylonitrile membrane is a low-cost, highly durable thin film composite material that can be used in RO (Reverse Osmosis) water treatment systems. It has high resistance to scaling and fouling and exhibits excellent durability. The product also offers superior strength, stiffness, thickness as compared to other conventional materials such as PEX and PEI membranes.
Application Insights:
RO purification systems was the largest application segment in terms of revenue share in 2017. Rising demand for purified water across various applications including, food and beverage processing, chemical and pharmaceutical industries is expected to drive the product demand over the forecast period.
Rising use of RO technology across several industries including oil & gas, pulp and paper, power generation for desalination process is projected to propel industry growth over the coming years. In addition, increasing investments by foreign players particularly from Middle East countries are anticipated to augment market penetration over the forecast period. Increasing use of thin film composite membranes in manufacturing medical devices & diagnostics products such as blood glucose monitors is likely to fuel market growth during future period owing to rising health awareness among population globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to increasing desalination and water purification plants across countries such as India, China, and Australia. In addition, rising demand for RO membranes from domestic applications such as food & beverage processing is also anticipated to drive growth over the coming years.
The Asia Pacific regional market was closely followed by Europe which accounted for a revenue share of 24% in 2017 on account of growing application industries across countries including Germany, Italy, Spain among others.
North America held a significant share in terms of both volume.
Growth Factors:
- Increasing demand from water and wastewater treatment industry: Thin film composite membrane material is used in reverse osmosis (RO) process for water purification. The global water and wastewater treatment market is expected to grow at a CAGR of 6.5% from 2016 to 2021, thereby driving the demand for thin film composite membrane material in RO market.
- Rising awareness about benefits of purified water: With the increasing awareness about the benefits of purified water, there is an increase in adoption of RO systems worldwide. This is further propelling the growth of thin film composite membrane material in RO market.
- Technological advancements leading to development of more efficient membranes: Thin film composite membranes are being developed with better performance characteristics such as higher flux and lower energy consumption rates than traditional membranes currently available in the market place .This is resulting into increased adoption rateof thin film composite membrane materials, thereby driving its growth in RO market . 4 Emerging economies offer potential growth opportunities: Majority of the population livingin emerging economies still do not have access to clean drinkingwater .This offers a huge potential forgrowthforthinfilmcompositemembrane materi alsinthero marketsince these countries are investing heavily infrastructure development projects including setting up new or expanding existing municipal and industrial wastewatertreatment plants.. 5 Growing popularityof nanotechnology-based products : Nanotechnology-based products are witnessing high demand due to their superior properties such as high surface area, small size etc ..
Scope Of The Report
Report Attributes
Report Details
Report Title
Thin Film Composite Membrane Material in RO Market Research Report
By Type
Polyamide Composite Membrane, GO-based Polyacrylonitrile Membrane
By Application
Desalination Systems, RO Purification Systems, Medical Devices and Diagnostics
By Companies
Toray Industries, LG Chem, Hydranautics, Toyobo, Lanxess, Koch Membrane Systems, TriSep Corporation, Membranium
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Thin Film Composite Membrane Material in RO Market Report Segments:
The global Thin Film Composite Membrane Material in RO market is segmented on the basis of:
Types
Polyamide Composite Membrane, GO-based Polyacrylonitrile Membrane
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Desalination Systems, RO Purification Systems, Medical Devices and Diagnostics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toray Industries
- LG Chem
- Hydranautics
- Toyobo
- Lanxess
- Koch Membrane Systems
- TriSep Corporation
- Membranium
Highlights of The Thin Film Composite Membrane Material in RO Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyamide Composite Membrane
- GO-based Polyacrylonitrile Membrane
- By Application:
- Desalination Systems
- RO Purification Systems
- Medical Devices and Diagnostics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thin Film Composite Membrane Material in RO Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thin film composite membrane material is a type of membrane that is made up of several layers of different materials. The top layer is usually a plastic or other material that can be easily printed or cut, and the bottom layer is a thin film made from various materials, such as metal oxides or plastics. This combination makes it possible to create membranes with specific properties, such as high strength and low weight.
Some of the major players in the thin film composite membrane material in ro market are Toray Industries, LG Chem, Hydranautics, Toyobo, Lanxess, Koch Membrane Systems, TriSep Corporation, Membranium.
The thin film composite membrane material in ro market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thin Film Composite Membrane Material in RO Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Thin Film Composite Membrane Material in RO Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thin Film Composite Membrane Material in RO Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Thin Film Composite Membrane Material in RO Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Thin Film Composite Membrane Material in RO Market Size & Forecast, 2020-2028
4.5.1 Thin Film Composite Membrane Material in RO Market Size and Y-o-Y Growth
4.5.2 Thin Film Composite Membrane Material in RO Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polyamide Composite Membrane
5.2.2 GO-based Polyacrylonitrile Membrane
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Desalination Systems
6.2.2 RO Purification Systems
6.2.3 Medical Devices and Diagnostics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thin Film Composite Membrane Material in RO Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Thin Film Composite Membrane Material in RO Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polyamide Composite Membrane
9.6.2 GO-based Polyacrylonitrile Membrane
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Desalination Systems
9.10.2 RO Purification Systems
9.10.3 Medical Devices and Diagnostics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polyamide Composite Membrane
10.6.2 GO-based Polyacrylonitrile Membrane
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Desalination Systems
10.10.2 RO Purification Systems
10.10.3 Medical Devices and Diagnostics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polyamide Composite Membrane
11.6.2 GO-based Polyacrylonitrile Membrane
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Desalination Systems
11.10.2 RO Purification Systems
11.10.3 Medical Devices and Diagnostics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polyamide Composite Membrane
12.6.2 GO-based Polyacrylonitrile Membrane
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Desalination Systems
12.10.2 RO Purification Systems
12.10.3 Medical Devices and Diagnostics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polyamide Composite Membrane
13.6.2 GO-based Polyacrylonitrile Membrane
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Desalination Systems
13.10.2 RO Purification Systems
13.10.3 Medical Devices and Diagnostics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Thin Film Composite Membrane Material in RO Market: Competitive Dashboard
14.2 Global Thin Film Composite Membrane Material in RO Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray Industries
14.3.2 LG Chem
14.3.3 Hydranautics
14.3.4 Toyobo
14.3.5 Lanxess
14.3.6 Koch Membrane Systems
14.3.7 TriSep Corporation
14.3.8 Membranium
