At 8.4% CAGR Hollow Fiber Membranes Market to expand $6.14Bn in 2025

The hollow fiber membranes market is highly fragmented by number of small- & large-scale manufacturers in which Polymem is leader in membranes and modules made from hollow fiber. Other players include Toyobo Japan, Pent Air, Kolon Industries, Asahi Kasei, Atec Innovations, Evonik Industries, Dow-Dupont.

Selbyville, United States - April 8, 2019 /MarketersMedia/ —

According to a growth forecast analysis by Global Market Insights, the size of hollow fiber membranes market will cross US$ 6.14 billion by 2025. Hollow fiber membrane filtration has proven to be a profitable process that provide ability to filter abundant volume at a time. These fibers can be produced in all types of dimensions. The hollow fiber membranes feature very high packing density. It is due to their small strand diameter. The flexibility of strands enables the membrane to show greater filter configuration that is absent in other technologies.

Rising population need of fresh and high-quality water in end use industries such as pharmaceuticals, biotechnology, food & beverage along with rising regulations regarding water conservation and improving process efficiencies will primarily drive the hollow fiber membranes market till 2025.

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Hollow fiber membranes are type of artificial membranes made from polymers and ceramic which contain semi-permeable barrier in form of hollow fiber. This fiber membranes are made from various materials, majorly PVDF, PTFE, polyimides, polyether sulfones, cellulose tri acetate, polyacrylonitrile and ceramics and cater to wide range of microfiltration and ultrafiltration requirements. This report focusses on the hollow fiber membrane modules which are supplied in different sizes and dimensions to wide range of industries such as food & beverage which consists of juice processing, beer production, dairy & cheese, grain products, plant extract products, syrup production, fish & seafood products, animal products among others.

Hollow fiber membranes also find wide applications in pharmaceuticals and biotechnology applications such as recovery of chemicals derived from fermentation process, distillery products among others. These membranes also find wide applications in fine chemicals processing, pigments and dyes industries, soda treatment plants, waste water treatment in textile, wood and other allied industries. Water & waste water treatment is the largest and fastest growing end user of hollow fiber membranes market constituting about 46% share in 2017 and forecast to be growing at a healthy CAGR of almost 9% globally driven rise in desalination plants, improved demand of food & beverages, constant innovation in bio technology processes and rising population.

Browse key industry insights spread across 140 pages with 126 market data tables & 23 figures & charts from the report, “Hollow Fiber Membranes Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/hollow-fiber-membranes-market

However, use of other methods of membranes filtration such as plate & frame, spiral wound and tubular forms for same end use applications are some of the factors that can restraint the market from its full growth. Hollow fiber membrane filtration is a cost-effective technology to filter large volumes. These fibers made from various polymers and ceramics can be manufactured in different diameters and sizes depending upon applications. They offer high versatility in handling clean ground water to very polluted waste water. The fiber materials used generally depend upon the end user application. Polymer constitutes about 85-90% of the total market while rest consists of ceramic. Ceramic membranes are used when polymers can no longer fit to the applications especially in biotech & pharmaceuticals.

The hollow fiber membranes market is highly fragmented by number of small- & large-scale manufacturers. Among them, Polymem is a global leader in membranes and modules made from hollow fiber. Polymem along with Arkema has developed a PVDF membrane which caters to wide range of challenging applications. Other major players include Toyobo Japan, Pent Air, Kolon Industries, Asahi Kasei, Atec Innovations GmbH, Evonik Industries, Toray, Dow-Dupont, Koch Membranes among others.

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Partial Table of Contents (ToC) of the report:

Chapter 4. Hollow Fiber Membrane Market, By Filtration Type
4.1. Global hollow fiber membrane filtration type insights
4.2. Microfiltration
4.2.1. Market estimates and forecast, 2014 - 2025
4.2.2. Market estimates and forecast by region, 2014 - 2025
4.3. Ultrafiltration
4.3.1. Market estimates and forecast, 2014 - 2025
4.3.2. Market estimates and forecast by region, 2014 - 2025
4.4. Reverse Osmosis
4.4.1. Market estimates and forecast, 2014 - 2025
4.4.2. Market estimates and forecast by region, 2014 – 2025

Chapter 5. Hollow Fiber Membrane Market, By Membrane Material
5.1. Global hollow fiber membrane market membrane material insights
5.2. Polymer
5.2.1. Market estimates and forecast, 2014 - 2025
5.2.2. Market estimates and forecast by region, 2014 - 2025
5.3. Ceramic
5.3.1. Market estimates and forecast, 2014 - 2025
5.3.2. Market estimates and forecast by region, 2014 - 2025
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/hollow-fiber-membranes-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/industry-analysis/hollow-fiber-membranes-market

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