Global Membrane Chemical Market Poised to Hit US$ 1,734.6 Mn by 2020: Future Market Insights

Mar 09,2015 | Chemicals & Materials

Future Market Insights (FMI) released its latest report titled, “Membrane Treatment Chemical; Wastewater Treatment to gain traction - Global Market Assessment and Forecast to 2020”. According to the report, the global membrane chemical market was valued at US$ 1013.8 Mn in 2013 and is expected to demonstrate a considerable CAGR of 8.1% during the forecast period.

Increase in demand for process water across various end-use sectors such as municipal, power, food and beverage, desalination, paper and pulp, chemicals, pharmaceutical and others is one of the key growth drivers for the global membrane chemicals market. However, patents and regulatory hurdles will decelerate the growth of the global membrane market during the forecast period. On the other hand, dynamic growth in industrial output in emerging economies coupled with increased focus on wastewater recycling will further accelerate the demand for membrane chemicals.

Membrane chemicals market is mainly segmented on the basis of product, region, and end-user.

Geographically, the global membrane chemical market covers North America, Asia-Pacific, Middle East and Africa (MEA), Eastern Europe, Western Europe, and Latin America. Among these, North America region is forecast to witness a surge in the global membrane chemicals due to rising demands from end-use industries such as power, desalination, municipal, and chemical. Furthermore, presence of wide coal reserves in APAC region offers healthy market scope for membrane chemicals market in power sector. Therefore, APAC is expected to surpass North America in terms of value and volume share by 2020, registering a healthy CAGR of 10.1% between 2014 and 2020. However, Middle East and Eastern Europe are anticipated to display a vigorous demand for membrane chemicals in the near future.

For More Detailed Insights on Membrane Chemicals Market

By end use sectors, the global membrane chemicals market is segmented into wastewater treatment, power, desalination, chemicals, paper and pulp, food and beverages, and pharmaceuticals. Among all the aforementioned segments, wastewater sector is estimated to be the largest segment for the global membrane chemicals market through 2020. Furthermore, desalination segment is expected to witness the highest CAGR of 11.4% in the global membrane chemicals market between 2014 and 2020. 

Browse report of Membrane Chemicals Market- Global Industry Analysis and Opportunity Assessment 2014 - 2020: https://www.futuremarketinsights.com/reports/details/membrane-chemicals-market

By application type, the global membrane chemicals market is segmented into scale inhibitors, coagulants & flocculants, biocides, pH adjusters, and dechlorinants. Among aforesaid segments, the scale inhibitor segment dominates the global membrane chemicals market and is projected to continue its dominance in terms of value during forecast period. Moreover, biocides segment is expected to double the revenue by 2020, registering robust CAGR of 12.2% between 2014 and 2020.

Key player in the global membrane chemicals market are BWA Water Additives, Lenntech, Genesys International, Kemira, and Nalco Holding Company.

About Chemicals & Materials division of FMI

The Chemicals & Materials division at FMI offers distinct and pin-point analysis about the chemicals & materials industry. Coverage of the chemicals market extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites, and nanotechnology. The team also puts special emphasis on ‘green alternatives’, recycling and renewable technology developments, and supply-demand trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Media Contact

Rahul Pandita

Rahul Pandita

Head – Corporate Communications

Abhishek Budholiya

Abhishek Budholiya

Head – Digital Marketing