Membrane Chemical Market Will hit at a CAGR of 8.1% by 2014 to 2020
Verfasser: yogesh on Tuesday, 28 February 2017This Future Market Insights report examines the membrane chemicals market for the period 2014–2020. The primary objective of the report is to offer comprehensive information and trends in global membrane chemicals market, creating substantial impact on water and wastewater treatment market.
Membrane chemicals are the specialty chemicals that are used to treat membranes, largely reverse osmosis (RO) membranes installed in different water and wastewater treatment plants across various industry verticals. Use of membrane chemicals is not limited to RO membranes, but also expands to UF (Ultra filtration) NF (Nano filtration) and MF (Micro filtration). In water intensive industries such as power, chemical, wastewater treatment, etc. demand for process water has outstripped the supply, globally. Due to increasing water scarcity and amplified demand for process water, industry operators emphasized on recycle and re use of process water.
The global membrane chemicals market was worth US $ 1013.8 million in 2013 and is expected to register a CAGR of 8.1% during the forecast period 2014 and 2020. Rise in demand for process water across various end-use industries and increase in demand for effective solutions to prevent membrane fouling and scaling are the major driving forces behind the vertical surge in demand for membrane chemicals.