The global ceramic membrane market is anticipated to reach USD 8.97 billion by 2028, growing at a CAGR of 9.8% over the predicted period. In the estimated timeframe, i.e., from 2020 to 2027, growing demand for high-purity components in industrial applications will be a major factor in driving market growth.
The growth of the market is also projected to be driven by increasing investments in the food-processing sector, demand for quality water worldwide, high resource recovery, and increasing use of ceramic membrane due to its various properties, such as high chemical compatibility, high mechanical power, long working hours, high flux, and potentially lower life-cycle costs.
In addition, the growing demand for desalination of water and increasing demand for ceramic membranes in developing regions will create a number of new growth opportunities and accelerate the growth of the ceramic membrane industry in the forecast period.
The high cost of capital and the increasing need for low-cost technology are the key restraints for the market. High demand for quality certified water would be a market challenge for the ceramic membrane industry.
Global Ceramic Membrane Market, By Technology
Based on technology, the global market for ceramic membrane has been segmented into micro-filtration, nano-filtration, ultra-filtration, and others. During the forecast period, the ultra-filtration segment is projected to be the largest growing segment. The ultra-filtration technology has usage in pressure-related operations and in isolating high molecular weight organic compounds in water.
Global Ceramic Membrane Market, By End Use
Based on end use, the market is divided into pharmaceuticals, food & beverages, waste & waste water treatment, chemicals, textile, and others. The waste & wastewater treatment segment is expected to lead the ceramic membrane demand over the forecast period, based on the end-use industry.
By removing turbidity and impurities like protozoa and bacteria from well water as well as from water bodies, ceramic membrane filtration methods help in the generation of cleaner drinking water. As of 2017, around 80% of wastewater goes back to the ecosystem, which is neither treated nor reused. This highlights the importance of waste water treatment, the demand for which is likely to increase with the rising demand for clean water.
As a result, the waste & waste water treatment segment will register impressive growth in the coming days and will play an increasingly important role in the global ceramic membrane market.
Global Ceramic Membrane Market, By Material
Based on the material, the global ceramic membrane industry is segmented into alumina, titania, silica, zirconia, and others. The alumina segment has dominated the ceramic membranes market and is anticipated to grow significantly over the projected period. Alumina ceramic membranes provide high purity in terms of membrane content, in addition to having high performance. In terms of chemical and pH ranges in process sources, they have broad compatibility.
Alumina ceramic membranes are also instrumental in preventing corrosion over a long period of time and are effective in guarding against leakage of goods. These properties have culminated in the expansion of the alumina ceramic membrane material application portfolio. Zirconia is another segment that is expected to experience moderate growth in the forecasted timeframe.
Global Ceramic Membrane Market, By Region
The Asia Pacific ceramic membrane market is projected to account for a significant value share in the global market and is expected to expand at a fast pace, largely due to the growing applicability of these membranes in all segments in emerging and developing countries, such as Japan, India, and China. The ceramic membrane industry in China is growing at a rapid pace.
Key Market Developments -
Some Key Findings of the Global Ceramic Membrane market Report Includes:
By End-Use Industry:
Detailed scope covering all the major segments in the market
In line data validations to ensure data precision
Market recommendations supporting decision making processes
Round the clock analyst support to resolve your queries
Up to 15% additional free customization to meet your specific requirements