“World Membrane Separation Technologies” added to ReportBuyer.comGlobal demand to rise 9% annually through 2015
By: Report Buyer Global demand for membranes is projected to increase a healthy 9.0 percent annually to $19.3 billion in 2015. The countries that will see the fastest growth include the BRIC countries and others with large, developing industrial bases and stressed local water resources. Economic recovery from the global recession of 2009 that restrained manufacturing activity and capital investments will boost gains through 2015 in several key markets. Going forward, rising environmental standards and regulatiins in many parts of the world, and high population growth, particularly in waterstressed areas, will further drive investment in membrane-based water and wastewater systems. Increased attention paid to food and beverage safety regulations and interest in water re-use and material reclamation will also propel membrane sales. US to account for largest share of growth North America, the largest regional market, accounted for 33 percent of global membrane sales in 2010 and will advance 8.3 percent annually through 2015, a healthy rate but below the global average. Gains in the dominant US market are projected to be aided by the ongoing development of new and better performing membranes and related systems for existing markets, as well as upgrades of water treatment techniques to accommodate the use of low quality water resources in the water-stressed regions. Also, a growing number ofindustries use membranes to reduce water use and waste disposal expenditures. Western Europe and Japan are fairly comparable to the US in terms of the maturity of their water infrastructures, regulatory schemes, and the technological sophistication of local manufacturing. While their gains will be well below the global average through 2015, these areas will exhibit recovery in membrane demand from a reduced 2010 base as their economies improve following a period of economic weakness. In developing countries, growth is based on the ongoing development of waterintensive industries, increased need to tap brackish or otherwise poor quality water resources, and rising investment in modernizing water and waste infrastructure. However, in many of the least developed countries -- especially in Africa and South Asia -- growth will be more limited due to lack of adequate funding and local corruption that impedes progress. Water treatment to remain largest market Much of the Middle East, North Africa and the Caribbean has invested heavily in seawater and brackish water treatment toensure a sufficient supply of water for drinking, agricultural and industrial purposes. Although historically much of that came from thermal distillation plants, even oil-rich nations are increasingly shifting to more efficient reverse osmosis desalination systems. Other countries, including Australia, China, India, Japan, Singapore and the US, have also added membrane-based desalination capacity in recent years. While the water treatment market will continue to account for the largest share of global membrane demand through 2015, the best opportunities for growth will emerge in pharmaceutical and medical applications, and other smaller markets, as these industries continue to develop globally and create new uses for membranes. World Membrane Separation Technologies: http://www.reportbuyer.com/ # # # Report Buyer is a UK-based independent online store supplying business information on major industry sectors. These include the Automotive Industry, Banking & Finance, Energy & Utilities, Food & Drink, Telecoms and Pharma & Healthcare. End
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