Hollow Fiber Membrane Market Valuable Growth Prospects, Size, Share, Demand and Current Trends Analysis, Forecast By 2026 - PowerPoint PPT Presentation

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Hollow Fiber Membrane Market Valuable Growth Prospects, Size, Share, Demand and Current Trends Analysis, Forecast By 2026

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The global hollow fiber membrane market share was estimated at $9.43 billion in 2019, and is likely to hit $16 billion by 2026, registering a CAGR of 9.4% between 2020 to 2026, suggests a report published by Global Market Insights, Inc. – PowerPoint PPT presentation

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Title: Hollow Fiber Membrane Market Valuable Growth Prospects, Size, Share, Demand and Current Trends Analysis, Forecast By 2026


1
Hollow Fiber Membrane Market 2021 Report
Position, Recent Developments, Trends and Future
Forecast Until 2026
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Hollow Fiber Membrane
Industry
  • The global hollow fiber membrane market share was
    estimated at 9.43 billion in 2019, and is likely
    to hit 16 billion by 2026, registering a CAGR of
    9.4 between 2020 to 2026, suggests a report
    published by Global Market Insights, Inc.
  • The global hollow fiber membrane market is
    expected to be driven by intensifying requirement
    for wastewater water treatment plants
    worldwide. Rising dependency on freshwater
    sources combined with the need to treat
    industrial waste majorly across developing
    countries is expected to create multiple
    opportunities for hollow fiber membrane
    businesses.
  • North America could emerge as a leading
    marketplace for hollow fiber membranes. As per
    the report, the North America region is projected
    to be accounted for around 25 of the global
    hollow fiber membrane industry share in the
    estimated timeframe.
  • This estimated growth could mostly be favored by
    rising initiatives by the government to promote
    the waste management sector. Expansion in the
    biomanufacturing industry and growth in research
    development activities may encourage new
    product development in North America.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-
  • These companies are focusing on strategic
    initiatives like production capacity expansion,
    new product launches, and mergers and
    acquisitions for gaining a competitive edge in
    the market.
  • For instance, Toray Industries, Inc. formed a
    joint venture with a South Korean filter and
    water purifier producer MCM Co., Ltd., in the
    year 2019. This strategy was said to help
    generate sales and assembly of filters in South
    Korea.
  • Rising initiatives by governments for focusing on
    promoting waste management and wastewater
    treatments may enhance the requirement for the
    hollow fiber membranes. The ongoing pandemic
    could have an significant impact on the hollow
    fiber membrane businesses. Rising concerns over
    maintaining hygiene and safety could boost the
    requirement of freshwater.
  • Apart from this, countries facing water scarcity
    could escalate the construction of wastewater
    treatment plants, supporting hollow fiber
    membrane market outlook.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
Request for sample copy of this research report_at_
https//www.gminsights.com/request-sample/detail/
3118
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
360 Industry Analysis
  • The pharmaceuticals chemicals application
    segment is projected to witness around a 15 of
    the hollow fiber membrane industry share.
    Advancements in personalized medical treatment
    along with rise in old age population is expected
    to expand segment size.
  • While the ultrafiltration segment could showcase
    a 9 CAGR driven by its ability to capture
    suspended solids, algae, cryptosporidium,
    giardia, viruses, coliforms, bacteria, etc. These
    membranes fin application in the dairy sector for
    processing cheese whey to attain whey protein
    concentrate.
  •  

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com/roc/3118
2020 Global Market Insights, Inc. USA. All
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www.gminsights.com
6
  • Competitive Analysis
  • Mitsubishi Chemical Corporation, Kuraray, TOYOBO,
    Asahi Kasei, Lenntech, DuPont, Pentair, and Toray
    are some of the key players operating in the
    Hollow Fiber Membrane Market.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Latest Research Report On Hollow Fiber Membrane
Market_at_ https//www.gminsights.com/industry-analys
is/hollow-fiber-membranes-market Request for
sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
3118 Request for customization
https//www.gminsights.com/roc/3118
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
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