Ceramic Membrane Market is estimated to be US$ 15.8 billion by 2029 with a CAGR of 11.9% during the forecast period
Ceramic Membranes have high
abrasion resistance and are extremely durable. They are one of the artificial
membranes made from inorganic materials such as titania, alumina, zirconia, and
others. These materials are chemically, thermally, and mechanically stable and
are mostly bio-inert. Thus, they are ideal for many applications in the
chemical processing and pharmaceutical industry and in water & wastewater
treatment industry. They generally are composed of an asymmetrical structure
and usually have two to three different levels of porosity. An intermediate
level of layer is often applied to decrease the overall surface roughness. When
in application, these membranes are grouped together often in housing and show
excellent properties such as high temperature stability, resistance to chemical
activity, a high degree of operational efficiency under varying pressure ranges
among others. The global ceramic membrane market accounted for US$ 5.2 billion
in 2019 and is estimated to be US$ 15.8 billion by 2029 and is anticipated to
register a CAGR of 11.9%.
The report "Global Ceramic Membrane Market, By Material (Titania, Alumina, and Zirconium Oxide), By Application
(Water and Wastewater Technology, Pharmaceuticals, Food and Beverage, Chemical
Processing, and Biotechnology), By Technology (Ultrafiltration,
Microfiltration, and Nanofiltration), and By Region (North America,
Europe, Asia Pacific, Latin America, and the Middle East & Africa) -
Trends, Analysis and Forecast till 2029”.
Key Highlights:
·
In June 2020,
Canada’s H2O Innovation Inc., has signed a strategic agreement with Nanostone
Water Inc. to jointly advance the commercialization of ceramic membrane
technology.
·
In September
2019, PUB, Singapore's National Water
Agency, has inaugurated the upgraded Choa Chu Kang Waterworks (CCKWW), home to
the world's largest ceramic membrane system.
Analyst View:
Due to the growing demand for potable water,
concerns about water scarcity and water desalination processes are expected to
rise during the forecast period. According to an article published by
“United States Water Purifier Market Forecast & Opportunities,
2020”,the water purifier market in the US is expected to grow at a moderate
growth rate of 6% for the forecasted period 2015-20. In the same article
it was stated that Midwest states of the US were accounted for the largest
share of the country’s water purifier demand, followed by the Western states in
the year 2014, this increase in the need of pure water increases the demand of
the ceramic membrane which helps in the growth of the market. Wastewater
purification is the largest application industry of ceramic membranes, which
accounted for more than half of the total ceramic membrane market in 2014. Due
to the growing demand for potable water, concerns about water scarcity and
water desalination processes are expected to rise during the forecast period.
Ceramic membranes are used in a wide range of end
user industries, such as biotechnology, pharmaceuticals, dairy, food &
beverages, chemical and petrochemical, microelectronics, metal finishing, and
power generation. Pharmaceutical applications are one of the most promising
segments and the segment is expected to witness robust growth over the forecast
period. In the industry they are used for a variety of purposes including
pharmaceutics separation from wastewater, oil water separation, germs &
virus retention, organic solvent filtration, separation of dyes & pigments,
acids & caustic filtration, among others. In pharmaceutical applications,
the usage of conventional membranes is not suitable owing to their efficiency,
ability and economic factors and hence, the industry has started shifting its
focus towards usage of ceramic membranes. In the food & beverage industry,
ceramic membranes are employed for a variety of application such as juice, wine
& beer clarification, juice concentration, sterilization, separation and
fractionation of milk and whey, as well as desalination of whey, product
dewatering, as well as drinking water purification.
Key Market Insights from the
report:
The global ceramic membrane market accounted for
US$ 5.2 billion in 2019 and is estimated to be US$ 15.8 billion by 2029 and is
anticipated to register a CAGR of 11.9%. The market report has been segmented
on the basis of material, application,
technology, and region.
·
By Material,
alumina dominated the ceramic membranes market and is expected to grow at an
anticipated CAGR of 7.8% over the forecast period. Alumina ceramic membranes
offer high purity in terms of membrane quality in addition to providing high
efficiency
·
By
application, the water and wastewater treatment segment has the largest share
of the ceramic membrane market owing to the growing demand for safe
drinking water, increasing issues of water scarcity, and water desalination
processes.
·
By technology,
ultrafiltration enjoyed the highest penetration in 2019 and is expected to do
so over the forecast period. Companies have broadened their product portfolios
to offer a wide range of ceramic membranes having customized dimensions. This
helps companies to serve varying client requirements in terms of impurity
profile, yield target, viscosity and molecular size among others.
·
By region,
Asia-Pacific is the largest and the fastest growing market for ceramic
membranes, having a significant share of around 36% of the global market in
2014. The demand of ceramic membrane from its various end user industries is
continuously showing an upward trend. This is mainly due to the increasing
demand of high purity filtration components in various applications. China is
the leading country and the fastest-growing market in the region and also
across the globe. China is the fastest-growing market for ceramic membranes in
the region owing to growing population, favorable investment policies, and
government initiatives to promote industrial growth. Increasing consumption of
ceramic membranes technologies, such as ultrafiltration, microfiltration,
nanofiltration, and others has been observed in Asia-Pacific owing to
continuous industrialization and growth in the manufacturing sector.
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Competitive Landscape:
The prominent player operating in the global
ceramic membrane market includes TAMI, PALL, Atech, Hyflux, Siva, DNP, The
ToyoInk Group, Suntar, Shijie, and Jiusi.
The market provides detailed information
regarding the industrial base, productivity, strengths, manufacturers, and
recent trends which will help companies enlarge the businesses and promote
financial growth. Furthermore, the report exhibits dynamic factors including
segments, sub-segments, regional marketplaces, competition, dominant key
players, and market forecasts. In addition, the market includes recent
collaborations, mergers, acquisitions, and partnerships along with regulatory
frameworks across different regions impacting the market trajectory. Recent
technological advances and innovations influencing the global market are
included in the report.
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