Reverse Osmosis Membrane Market Outlook - 2025
The global reverse osmosis membrane market size was valued at $6.9 billion in 2017, and is estimated to reach $13.5 billion by 2025, registering a CAGR of 8.7% from 2018 to 2025. In 2017, the spiral-wound reverse osmosis membrane segment accounted for more than two-fifths share of the total reverse osmosis membrane market. There are two main material types of water treatment technology namely, thermal and membrane technology. The membrane technology includes microfiltration, ultrafiltration, nanofiltration, and reverse osmosis, among others. Reverse osmosis is a form of membrane separation, which uses pressure to force a solution through a membrane that retains the solute and allows the pure solvent to pass to the other side. Typically, this membrane is designed to allow only water to pass through while the solutes (for example, salt ions) are being separated. It is largely used for the desalination of seawater as it can separate dissolved solids, bacteria, viruses, and other selected dissolved substances. The reverse osmosis membrane is essentially non-porous, and it preferentially passes liquid and retains most of the solutes including ions. Reverse osmosis emerged along with electrodialysis as a new technology in the second half of the 20th century and became an alternative to commonly used techniques such as evaporation and distillation.
Considering the rising trend of reverse osmosis membrane use in alternative water source treatment, including desalination plants and wastewater recycling, the reverse osmosis membrane-based water and wastewater treatment processes are expected to have a great potential in the future. Especially in regions with water scarcity, the provision of water from seawater desalination plants is becoming increasingly important. However, the treatment of surface water to potable water will play an increasingly important role during the forecast period.
The report includes the global reverse osmosis membrane market segments based on material type, filter module, application, and region. On the basis of material type, the market is segmented into cellulose-based and thin film composite. According to the filter module, the market is classified into the plate & frame, tubular-shaped, spiral-wound, and hollow-fiber. On the basis of application, the market is divided into desalination system, RO purification system, and medical devices & diagnostics. Regional breakdown and deep analysis of each of the previously mentioned segments is included for North America, Europe, Asia-Pacific, and LAMEA.
On the basis of material type, the thin film composite membrane segment was the fastest growing segment in the reverse osmosis membrane market in 2018. This was attributed to high adoption of the thin film composite membrane for the purpose of sweater desalination and as well as purification of the water. The cellulose-based membrane segment contributed the highest and is expected to grow at CAGR of 7.9% during the forecast period reaching $3.8 billion by 2025.
As per the reverse osmosis membrane market analysis, based on filter module, the spiral-wound segment accounted for a maximum share in the global reverse osmosis membrane market in 2018 and is expected to remain dominant during the forecast period. However, the hollow-fiber membrane antioxidants segment is expected to experience rapid growth with a CAGR of 9.1% from 2018 to 2025. The reverse osmosis membrane market growth can be attributed to the advantages such as high packing density and the highly flexible strands of this filter module.
In 2018, based on application, the RO purification system held the highest share and is expected to grow at a CAGR of 8.2% from 2018 to 2025. This was attributed to higher popularity of this form of water filtration system. However, Desalination systems is expected to witness the fastest growth through the forecast period.
By region, the reverse osmosis membrane market forecast, an increase in demand for natural food preservation equipment in Asia-Pacific is expected in the near future, owing to rise in population and lack of potable water in these regions. North America accounted for approximately one-third of the total share of the reverse osmosis membrane market in 2018 and is expected to remain dominant during the forecast period. Rise in demand for reverse osmosis membrane in this region is attributed to rapid growth in the requirement to provide additional potable water to increasing populations and support agricultural needs, mining needs, and electric utility needs among others.
Players in the reverse osmosis membrane industry have adopted product launch as their key strategy to increase their reverse osmosis membrane market share and to remain competitive in the market. The leading players in the reverse osmosis membrane market have also focused on partnership and acquisition as their key strategies to gain significant share in the global market. The key players profiled in the report include, Toray Industries, Inc., LG Chem., Hydranautics (A Nitto Group Company), Toyobo Co., Ltd., Lanxess AG, The Dow Chemical Company, Koch Membrane System, Microdyn-Nadir GmbH, Membranium (JSC RM Nanotech), and Axeon Water Technologies.
Key Benefits for Reverse Osmosis Membrane Market:
- The report provides a quantitative analysis of the current reverse osmosis membrane market trends, estimations, and dynamics of the reverse osmosis membrane market share from 2018 to 2026 to identify the prevailing opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis and the reverse osmosis membrane market size and segmentation assists in determining the prevailing opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global reverse osmosis membrane market.
- Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the reverse osmosis membrane industry.
Reverse Osmosis Membrane Market Report Highlights
By FILTER MODULE
Key Market Players
LG Chem, Toray Industries, Inc., LANXESS AG, Toyobo Co., Ltd, Microdyn-Nadir GmbH, THE DOW CHEMICAL COMPANY, Koch Membrane System, Inc, Membranium (JSC RM Nanotech), Hydranautics (A Nitto Group Company), AXEON WATER TECHNOLOGIES
The reverse osmosis membrane offers a physical barrier, which effectively removes viruses, bacteria, solids, and other unnecessary molecules from water. Reverse osmosis membranes are currently used for desalination, disinfection, softening, and organic removal of waste materials from water. The benefits of reverse osmosis membrane filtration technologies include ease of operation and maintenance, larger life span, compliance with industry standards, and wide range of applications.
The global reverse osmosis membrane market is witnessing a high growth rate. It is expected to be driven by rising global demand for hygienic drinking water and increasing global water crisis, owing to rising water pollution. Economic development and inclination toward eco-friendly technology have added to the demand for reverse osmosis membrane-based water treatment technologies.
North America is anticipated to account for the maximum share in the global reverse osmosis membrane market, owing to rise in need for potable water in the region.
However, increasing adoption of new purification technologies such as nanofiltration and ultrafiltration, is expected to act as a major restraint for the reverse osmosis membrane market.