Private Equity
Andrea Alms Video: Money In Motion 80 - Membrane Water & Wastewater Application Outlook
November 2023 - Private Equity
TRANSCRIPT
Hello, my name is Andrea Alms and I am a technology investor and financial manager and this is your Money in Motion. In our series on membrane separation technology market, now we deep dive into the water and wastewater membrane market. What is it? Wastewater treatment membranes work like cell walls of an animal body, raw water such as groundwater, surface water, sea water, rainwater can filter via membranes in order to get rid of impurities.
Let's recap. Averaging the average is the global membrane separation market is about 23.7 billion, growing at 10.6%. Yes, multibillion dollar market at a double digit growth rate. Now we deep dive into the water and wastewater application market segment at more door intelligence. The wastewater and water treatment market size is expected to grow from 10.86 billion in 2023 to 15.38 billion by 2028 at a compound average growth rate of 7.2.
At Fact RMR, the global wastewater market, is to reach about 8.16 billion in 2023 and grow to 18.83 billion by 2033 at a compound average growth rate of 8.7%. Unfortunately, there is very little data. All these two data points averaging the best guess 9.51 billion market size at 8% growth rate. Thank you. This is your money, your Money in Motion.