Construction and Manufacturing - Membrane Contactor Market

Market Snapshot

CAGR:7.90%

2019

2027

Source: Reports and data

Study Period	2017-2027
Base Year	2019
CAGR	7.90%

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Market Summary

The global membrane contactor market had a market size of USD 243.2 Million in 2019, and is projected to reach a market size of USD 373.2 Million by 2027, and register a CAGR of 7.9% over the forecast period. Factors driving market growth include advantages offered by membrane contactors over the conventional systems, including greater operational flexibility, controlled high interfacial area, less energy-consuming solutions, and linear scale-up with modular and compact designs. The conventional systems include gas absorbers and liquid-liquid extraction columns.

 

Membrane contactors offer considerably higher operational efficacy in the control of fluid flow rates, no unloading at low flow rates, and zero occurrence of drop dragging of liquid phase. Also, they offer no flooding at high flow rate and no emulsions. These features prompt consumers to adopt membrane contactors. This is a key factor driving market growth.

Currently, gas–liquid membrane contactors are considered one of the most efficient processes in removal of CO₂ from natural gas. The gas-liquid membrane contactors because of the combination of both the membrane technology and the absorption processes can work effectively in the system.

Membrane Type Outlook:

Among membrane types, the hydrophobic segment accounted for the largest market revenue share of 62.4% in 2019. Revenue from the segment is expected to increase at a CAGR of 5.4% over the forecast period. Major market share accounted for by the segment can attributed to prevention of membrane wetting offered by hydrophobic membrane contactors.

Material Outlook:

Based on material, the global membrane contactor market has been segmented into Polypropylene, Polytetrafluoroethylene, and others. Among the materials type segments, the polypropylene segment accounted for the largest market revenue share of in 2019, which can be attributed to easy availability and lower cost of polypropylene membrane contactors.

End-use Industry Outlook:

Among end-use industries segments, the water treatment segment accounted for the largest revenue share of in 2019. Revenue from the segment is expected to grow at a rate of 7.8% over the forecast period. The end-use industry segments include microelectronics & semiconductors, oil & gas, processing, water treatment, power & steam generation, and others.

Regional Outlook:

Revenue from the APAC membrane contactor market are expected to grow at a rate of 8.0% over the forecast period, owing to implementation of clean water programs and significant growth of the industrial sector in this region.

The North America market is expected to hold the largest revenue share in the global membrane contactor market over the forecast period owing to well-established companies and stringent government policies regarding water treatment in countries in the region

The Europe market is expected to hold a significant revenue share in the global membrane contactor market over the forecast period, owing to high investments in water treatment processes across most of countries in this region.

Market-O-Nomics

• Rise in demand for clean and safe water has led to increased investments in the treatment of water globally, thereby driving growth of the global membrane contactor market.
• The hollow fiber segment accounted for the largest market revenue share in 2019, as membrane contactors of hollow fiber configuration are frequently applied, owing to their larger contact surface area compared to alternatives, which is a key factors driving demand, and segment growth.
• Moderate usage of designs consisting of pressure-driven filtration processes such as microfiltration & ultrafiltration for membrane contactors are seen in the market.
• Major advantages of membrane contactor systems over traditional column contactors include reduced overall size, higher operational flexibility, elevated mass transfer rate with linear scale-up, and considerable possibility of integration.
• Medical uses of membranes is increasing and this includes for uses in dental drills, guidewires that steer devices through the body, and medical tubing.
• Revenue from the hydrophilic segment is expected to increase at a significant rate in the near future, due to rising demand for hydrophilic membrane contactors in filtration applications of liquid chemicals used in chemical processing, medical, and pharmaceuticals industries.

Companies considered and profiled in this market study

3M Company, Hydro-Elektrik GmbH, Veolia Environnement SA, Pure Water Group, Lenntech B.V., Compact Membrane Systems, Cobetter Filtration Equipment Pvt. Ltd., PTI Pacific Pty. Ltd., JU.CLA.S Srl, and Entegris, Inc. are leading companies operating in this market.

Players operating in the market have focused on adopting and deploying various strategies. Some key highlights are:

• In March 2020, Nel ASA and Kværner AS announced their strategic collaboration on specific green hydrogen projects and standardization of solutions for large-scale hydrogen production plants.
• In July 2019, Banner Industries announced a nationwide partnership with Cobetter Filtration. Cobetter is one of the most renowned global innovators of filtration solutions.

Start-up Traction

The industry offers numerous growth opportunities, and a number of startups providing innovative products and technologies have been entering the market. As the market is witnessing rapid proliferation of new and more advanced technologies, several new startup companies are focusing on entering the market to leverage high potential opportunities these developments offer.

Deals Landscape

Mergers and acquisitions are an integral part of this industry. These mergers and acquisitions help in determining the strategic initiatives taken by the leading players as well as growing companies operating in this market.

Expert Insights:

Reports and Data forecasts the global membrane contactor market. According to industry analysts, new entrants in the market need to focus on innovating and integrating through development and deployment of new technologies while reducing complexity and lowering total operational costs. Experts also believe that increasing implementation of emerging technologies in developed economies would open up a critical growth field for the industry. Company strategy review indicates that most businesses concentrate on product launches as well as negotiations to increase revenue share and scale. Both approaches contribute to advancements of technologies and product diversification in untapped regions. Companies implement these approaches to diversify their business within industries.

Segments Covered in Report

This report provides forecasts for revenue growth at global, regional, and country levels, and provides an analysis of the market trends for each segment from 2018 to 2027. The scope of the report can be defined as:

For the purpose of this report, Reports and Data has segmented the global membrane contactor market on the basis of end-use industry, membrane type, material, configuration, phase, and region:

Membrane Type Outlook (Revenue: USD Billion; 2017–2027)

• Hydrophobic
• Hydrophilic

Material Outlook (Revenue: USD Billion; 2017–2027)

• Polypropylene
• Polytetrafluoroethylene
• Others

End-use Industry Outlook (Revenue: USD Billion; 2017–2027)

• Microelectronics & Semiconductors
• Oil & Gas
• Processing
• Water Treatment
• Power & Steam Generation
• Others

Configuration Outlook (Revenue: USD Billion; 2017–2027)

• Hollow Fiber
• Capillary
• Flat Sheet

Phase Outlook (Revenue: USD Billion; 2017–2027)

• Gas–Liquid
• Liquid–Liquid

Regional Outlook (Revenue: USD Billion; 2017–2027)

• North America
  • U.S
  • Canada
• Europe
  • U.K.
  • Germany
  • France
  • BENELUX
• Asia Pacific
  • China
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA