Andrea Alms Video: Money In Motion 74 - Membrane Separation Technology Market - Part 2
September 2023 - Private Equity
TRANSCRIPT Hello, my name is Andrea Alms. I'm technology investor and financial manager. And this is your money in motion. In the previous episode, we introduced a membrane separation technology market and why it was important, for example, removing microplastics. We are launching on a market series a membrane separation technology, and we'll be taking a closer look at the technology outlook and application outlook.
According to VMware, membrane separation technology was 24.39 billion in 2020 and is projected to reach 43.76 billion by 2028, growing at a compound average growth rate of 7.5%. Grandview reports the market at 22.1 billion in 2021 and growing at 12.2%. At research and markets, the market was 24.65 billion in 2022 and projected to be 62.4 billion in 2030, growing at 12.2%.
Averaging the average is global membrane separation market is about 23.7 billion and growing at 10.6%. Multibillion dollar market double digit growth. Its deep dive on the next episode. Thank you. This is your money, your money in motion.