The Reverse Osmosis (RO) Membrane Global Market Report 2023, provides comprehensive information on the reverse osmosis (RO) membrane market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Reverse Osmosis (RO) Membrane Global Market Report 2023, the market is expected to grow from $5.69 billion in 2022 to $6.26 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global reverse osmosis (RO) membrane market is expected to grow to $8.93 billion in 2027 at a CAGR of 9.3%.
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Product innovation is a key trend gaining popularity in the reverse osmosis membrane market. Major companies operating in the market are developing innovative products to gain a competitive advantage in the market. For instance, in January 2020, DuPont Water Solutions, a US-based solving water challenges company launched SWRO (Seawater Reverse Osmosis. Newly launched next-generation SWRO (Seawater Reverse Osmosis) technology enables customers to transition from wet to dry testing, which increases shelf life and offers more flexibility for storage. In addition, dry SWRO improves sustainability, safety, and ergonomics during operation. Dry Seawater reverse osmosis products will continue to meet or exceed membrane performance standards to achieve long-term operational benefits.
The reverse osmosis (RO) membrane market is segmented:
1) By Type: Thin-Film Composite Membranes, Cellulose Based Membranes
2) By Filter Module: Spiral Wound, Hollow Fiber, Tubular, Plate And Frame
3) By Application: Desalination, Utility Water Treatment, Wastewater Treatment And Refuse, Process Water
4) By End User: Water and Wastewater Treatment, Industrial Processing
North America was the largest region in the reverse osmosis (RO) membrane market in 2022.
The table of contents in TBRC’s reverse osmosis (RO) membrane market report includes:
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