Filtration Membrane Industry Data Book - Spiral Membranes, Pleated Membranes and Hollow Fiber Membranes Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

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The economic value generated by the filtration membrane industry was estimated at approximately USD 20.84 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of filtration membranes distribution & supply, and application of filtration membranes.

Rising awareness about the importance of clean water, coupled with environmental restrictions on untreated wastewater discharge, is expected to fuel the demand for filtration membrane globally. Moreover, the growing use of filtration membranes in the pharmaceutical, medical, and food and beverage processing industries for efficient separation is further expected to fuel market growth.

The market demand is driven by the presence of emerging and developed countries, including China, the U.S., India, Japan, Germany, and Brazil. These countries account for the majority of the market revenue of more than 45% in the global filtration membrane market in 2022. Rapid industrialization and a growing population are some of the factors that are expected to drive the demand for filtration membrane in these countries.

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