Andrea Alms Video: Money In Motion 72 - Membrane Separation Technology Market
September 2023 - Private Equity
TRANSCRIPT Hello, my name is Andrea Alms. I am technology investor and financial manager and this is your money in motion. What is it? Membrane separation process is a process where a membrane is used to separate components in a solution by rejecting unwanted substances and allowing others to pass through the membrane. Widely used membrane processes include microfiltration ultra filtration. Nano filtration and reverse osmosis electrolysis dialysis, electro dialysis, gas separation vapor, permutation per vaporization, membrane distillation and membrane contactors.
According to Emergen, the global membrane market size is about 5.59 billion in 2019, and it is anticipated to reach 10.81 billion by 2027 at a compound average growth rate of 9.1%. The materials inside the polymeric segment is expected to grow the fastest at 9.5%. Compound average growth rate. Why The fastest growing? The increasing need for wastewater treatment and desalination.
For example, the growing need for virus reduction in water. The technology and say reverse osmosis segment has the largest market share of 39.3% in 2019. What is it? The power structure of reverse osmosis membrane is tighter compared to ultra filtration membranes, and reverse osmosis membranes are capable of removing bacteria and organic material. Thank you. This is your money, Your money in motion.