Hollow Fibres Membrane Market Size, Share & Industry Analysis, By Filtration Type (Microfiltration, Ultrafiltration), By Application (beer & wine, processing dairy products, sterilizing beverages, Pharmaceuticals), By Membrane material (Polymer, Ceramics) Others and Regional Forecast, 2024-2032

Hollow fiber membranes are typically made up of numerous hollow fibers coiled across into an element structure that allows least water flow in a uniform manner and slight pressure loss.Cost-effective solutions for filtering immense volumes of water flows  are generally provided by these membranes

Presence of different shapes and sizes help these membrane to  find applications in industries like as beer & wine, processing dairy products, sterilizing beverages, Pharmaceuticals, separating oil & water emulsions, treating waste water, removing pathogens from milk and others

Key Market Driver -

Increased application in water & wastewater treatment drives the growth of this market.

Key Market Restraint -

Increased production in terms of volume, leads to rise in cost of production which in turn hinder the growth of the market.

The increase in demand for hollow fiber membranes in water & wastewater treatment is responsible to drive the growth of this market. The wastewater collected from sewers is sent to a wastewater treatment the water is reused. Then attempt is done to pass the wastewater through the hollow fiber ceramic membranes. After which it is filtered out providing good quality water ideal for reuse. The treated water also can be drained into seas without polluting them or can be provided to humans for use. This results in remarkable production of ceramic hollow fiber membranes on the global market.

However, due to increased volume production, it has become difficult to maintain the low cost of manufacturing that is likely to hinder market growth.

Market Segmentation:

On the basis of type, the market of hollow fibres membrane is segmented into  filtration type which includes microfiltration and ultrafiltration.

 On the basis of application, the market is segmented into beer & wine, processing dairy products, sterilizing beverages, pharmaceuticals, separating oil & water emulsions, treating waste water,

removing pathogens from milk and others.

On the basis of membrane material, the market is segmented into polymer and ceramics. From a geographical standpoint, the market is categorised into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global hollow fibres membrane market is fairly fragmented with a number of global & regional players operating. Some of the key players in the hollow fibres membrane market includes Kuraray, Polymem France, Toray, Koch Membranes, Microdyn Nadir, Pentair, Synder Filtration, Inc, Toyobo, Lenntech, Asahi Kasei, DowDuPont and others.

Key Insights

• New Advancements in Production Technologies


• Key Trends in Dyes & Pigments market


• New Product Launches, Expansions, Key Players


• Ranking of key Players in the Market

Regional Analysis:

To gain extensive insights into the market, Request for Customization

Asia Pacific is estimated to be the largest market of hollow fiber membranes. This growth can be attributed to the large number of food & beverage companies operating in China, India, Malaysia, Thailand & Singapore. North America is witnessed to have moderate growth rates. Higher demands for recycling and sewage treatment services drives the establishment of these markets in the region. Middle east and Europe holds a prominent share as Saudi Arabia & UAE are the key hollow fiber membrane markets and are anticipated to lead in the forecast period. The growth can be attributed to increased application in biopharmaceutical industry.

Segmentation

Hollow Fibres Membrane Industry Developments

• On July 11, 2018, Kuraray, GC, and Sumitomo Corporation Holds has come up with joint venture company namely Kuraray GC Advanced Materials Co., Ltd.in Thailand. The intention behind the joint venture was to expand their business in petrochemical as GC being a leader of petrochemical businesses, including manufacturing and distribution of all petrochemical products and Sumitomo which is a Global Trading Company and has strong business ground in Thailand and Southeast Asia.


• On Nov 2019, Koch Membrane Systems (KMS) announced an acquisition of Eco-Tec Inc., an ion exchange company based in Pickering, Canada. It was announced that KMS will be changing its name to Koch Separation Solutions (KSS). This acquisition was done to provide proprietary ion exchange-based solutions for a wide range of industries, including chemical recovery and purification, hydrometallurgy, electroplating, biogas treatment, produced water, and amine purification.