PVDF Membrane Market to Reach $1,142 Million by 2023: P&S Market Research

NEW YORK, March 22, 2018 -- According to the new research report published by P&S Market Research, global  PVDF membrane market is projected to reach $1,142.0 million by 2023, The market growth is mainly driven by the growing applications of PVDF membranes in the pharmaceutical, food and beverage, and water treatment industries. These membranes offer excellent retention characteristics, low protein binding, and high flow rates that make them suitable for filtration of products such as preservatives and proteins.

On the basis of type, the PVDF membrane market is segmented into hydrophilic and hydrophobic membranes. The hydrophobic membrane is expected to register higher growth during the forecast period, with 8.3% CAGR. This membrane displays high resistance under chemically harsh conditions and UV-irradiation. Also, the presence of features such as high flow rate, low extractability, chemical compatibility, and autoclaved and gamma sterilization, are fueling the adoption of hydrophobic membrane in the biopharmaceutical and water treatment industries.

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Based on technology, the PVDF membrane market is categorized into ultrafiltration (UF), microfiltration (MF), and nanofiltration (NF) membrane. The fastest growth during the forecast period is expected from NF membrane. As NF membrane selectively removes dissolved solids from water and dual charged ions like calcium and magnesium, It is considered ideal for water purification and other separation processes.

In terms of application, the PVDF membrane market is segmented into biopharmaceutical, water and wastewater treatment, food and beverage, and others. The growing number of biopharmaceutical manufacturers worldwide is driving the growth of the market. This is so because PVDF membranes are used in a variety of processes in the biopharmaceutical industry, such as western blotting application, amino acid analysis, and protein sequencing.

North America is estimated to hold the largest share in the PVDF membrane market, with more than 30.0% revenue contribution in 2017. This is attributed to the increasing use of membrane technology in the biopharmaceutical, water and wastewater treatment, and food and beverage industries. The water and wastewater treatment industry is experiencing a resurgence in North America due to growing population and increasing demand of water from various manufacturing industries. Thus, the need for clean water, reuse of water, and advanced filtration technologies is the major factor driving the demand of these membranes in the region.

Browse report overview with 71 tables and 27 figures spread through 125 pages and detailed TOC on "Polyvinylidene Difluoride (PVDF) Membrane Market”: https://www.psmarketresearch.com/market-analysis/pvdf-membrane-market

Europe is estimated to be the second largest PVDF membrane market, with a share of more than 25.0% in 2017. The major growth driver for the market in the region is the increase in demand for pure water owing to rising population, changing climate, and urbanization. As per the Water Resource Group, water supply-to-demand gap is likely to reach almost 40.0% by 2030. Additionally, in Europe, the emergence of membrane filtration technologies has opened an avenue for research and innovation to fulfill human, environmental, and industrial needs.

Some of the major players operating in the global PVDF membrane market are Arkema Group, Danaher Corporation, Toray Industries Inc., Thermo Fisher Scientific Inc., CITIC Envirotech Ltd., Bio-Rad Laboratories Inc., Merck Group, Koch Membrane Systems Inc. (KMS), General Electric Company, and Membrane Solutions LLC.

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