About Hollow Fiber Membrane
The hollow fiber membrane is a class of artificial membranes containing a semi-permeable barrier in the form of a hollow fiber. It is a cost effective way to filtrate large volumes. It can be manufactured in different diameters. It offers great versatility in the handling of different streams, from the filtration of very clean groundwater to the treatment of much polluted wastewater. It can be easily tested for integrity and are the preferred separation method for water, beer and wine filtration in the beverage industry due to their inside-out configuration.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Japanese Manufacturers will contribute the maximum growth to Global Hollow Fiber Membrane market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Polymem (France), DuPont (United States), Toray Industries, Inc. (Japan), Asahi Kasei Corporation (Japan), Mitsubishi Chemical Corporation (Japan), Toyobo Co., Ltd. (Japan), Microdyn Nadir (Germany), Lenntech (Netherlands), Pentair (United States) and Koch Membrane Systems (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are LG Chemicals (South Korea), Spintek Filtration (United States) and Daicen Membrane Systems Ltd. (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Hollow Fiber Membrane market by Type (Microfiltration, Ultrafiltration and Reverse Osmosis), Application (Water & Waste Water Treatment, Food & Beverages, Biotechnology and Pharmaceuticals & Chemicals) and Region.
On the basis of geography, the market of Hollow Fiber Membrane has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Membrane Material, the sub-segment i.e. Polymer will boost the Hollow Fiber Membrane market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Lightweight and Reliable In Challenging Water Types, Improved Plant Safety and Greater Security of Supply and Increased Demand for Fresh and Clean Water for Industrial Purposes
Challenges:
Maintaining the Cost of the Production
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growing Water & Wastewater Treatment Industry Worldwide and Increasing Demand from End-User Industry
Key Target Audience
Hollow Fiber Membrane Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors and Government Body & Associations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.