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MEMBRANE CHEMICALS MARKET ANALYSIS

Membrane Chemicals Market, By End-use Sector (Waste Water Treatment, Power, Food & Beverages, Desalination, Chemicals, Paper & Pulp, Pharmaceuticals & Others), By Product Type (Scale Inhibitors, Coagulants and Flocculants, Biocides, pH Adjusters, Dechlorinants, Others), and By Region (North America, Middle East & Africa, Asia Pacific, Latin America, Western Europe, Eastern Europe) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

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MEMBRANE CHEMICALS MARKET ANALYSIS

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker   MEMBRANE CHEMICALS MARKET ANALYSIS  Membrane Chemicals Market, By End-use Sector (Waste Water Treatment,  Power, Food & Beverages, Desalination, Chemicals, Paper & Pulp,  Pharmaceuticals & Others), By Product Type (Scale Inhibitors, Coagulants and  Flocculants, Biocides, pH Adjusters, Dechlorinants, Others), and By Region (North  America, Middle East & Africa, Asia Pacific, Latin America, Western Europe,  Eastern Europe) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027         

  2. Membrane Chemicals Market 2017 -2027  Membrane chemicals are used for treating the water by removing impurities and           bacteria’s. These chemicals are effective in filtering water impurities. These         chemicals are used across oil & gas, electric power, pulp and paper production,               and food & beverage. They are gaining huge demand on the account of rising             demand for high quality and clean water around the globe. Membrane chemicals             are also effective against metal-based foulants and colloidal silica fouling and           also remove iron deposited in the water. Membrane chemicals are eco-friendly             and non-hazardous and also keep the water system in optimal condition. Waste             water treatment, power, food & beverages, desalination, paper & pulp, and           pharmaceuticals are some of the major end-user of membrane chemicals.                                                                                                                  The global ​membrane chemicals market is projected to reach around US$ 2.9         billion by the end of 2027, in terms of revenue, growing at CAGR of 8.1% during                   the forecast period (2019-2027).                                Drivers  Increasing industrialization around the globe is a major factor augmenting the         market growth of membrane chemicals. The industrialization has led to growth in           water pollution and according to the Coherent Market Insights analysis, it has             been estimated that around 4 million people are suffering from a chronic illness             caused by water pollution. For these various manufacturers are adopting           membrane chemicals in order to reduce the water pollution caused by industries.             This is expected to accelerate the market growth of membrane chemicals.                                                                              The rising demand for energy due to the increasing population around the globe               is expected to augment the market growth. As per the Coherent Market Insights             analysis, the energy sector consumes a high amount of chemicals for treating             the membrane that is used for water treatment. Hence, the rising demand for               membrane chemicals from the energy sector is projected to propel the market           growth of membrane chemicals over the forecast period.                                                                  On basis of the region, Asia Pacific region dominated the global ​membrane               chemicals market in 2018, accounting for 33.1% share in terms of value, followed           by North America and Europe respectively.                           

  3. Figure 1. Global Membrane Chemicals Market, Revenue Share (%), By  Region, 2018    Market Restraints  The high cost of the membrane due to high maintenance cost is expected to               restrict the market growth of chemical membrane. Moreover, governments           around the globe are promoting the use of renewable sources of energy in order               to reduce the dependence on fossil fuels and most of the revenue of the             membrane chemicals industry comes through thermal-based power industries.         However, renewable sources of energy are experiencing traction compared to           nuclear and thermal-based power industries. This is also expected to hinder the         market growth.                                                                                        Lack of skilled professionals and awareness regarding the benefits of membrane           chemicals is expected to hinder the market growth of membrane chemicals over             the forecast timeframe. Few countries of developing regions such as MEA and           Latin America are still not aware of the benefits of such advanced technologies                 and this projected to restrict market growth.                                                  Market Opportunities  Increasing installation of RO technology across water-intensive companies for         their operations. This is expected to offer a potential opportunity to the market of                                      

  4. membrane chemicals. Moreover, companies are also investing heavily to develop       cost-effective chemicals for preventing membrane fouling and treating RO       membranes. Increasing such initiatives by the manufacturer is expected to       provide enormous growth opportunity to the market of membrane chemicals.                                          A growing number of wastewater treatment plant around the globe is expected to           raise the demand for membrane chemical which is estimated to propel the           market growth over the forecast period. For instance, in September 2019, Clariant             has inaugurated the wastewater treatment plant at the zero liquid discharge site,         Bonthapally in India. The plant is expected to treat 300 kilolitres of wastewater             per day.                                                                           Figure 2. Global Membrane Chemicals Market– Opportunity Analysis    Market Trends  The rising trend of developing eco-friendly membrane chemicals by major           players is projected to augment the market growth of the chemical membrane.             For instance, in November 2017, AGC Asahi Glass (AGC), a manufacturer of             glass, chemicals, and functional materials, announced today that it has launched         the new functional brand “FORBLUE”, a brand for providing AGC’s eco-friendly             technology for separating chemical substances.                                                            Various manufacturers are adopting growth strategies such as partnership         &agreement for expanding their presence in the market and develop new         technology to cater to rising demand. This is expected to fuel market growth. For             instance, in June 2018, the Linde Group and the specialty chemicals company                                                                

  5. Evonik Industries have entered into an exclusive cooperation agreement on the             use of membranes for natural gas processing. The purpose of this partnership is             to jointly promote membrane technology – Evonik on the membrane and polymer         side and Linde’s Engineering Division as the system integrator for the complete           membrane package units.                                                        Figure 3. Global Membrane Chemicals Market, Revenue Share (%), By  Application, in 2018    On the basis of end-use sector, in 2018, the waste water treatment segment has                 accounted the largest market share of 30% in terms of value, followed by the             pharmaceuticals & others and chemicals.                              Competitive Section  Key players operating in global membrane chemicals market are Veolia           Water, Nalco Holding Company, Kemira Oyj, GE Power & Water, BWA Water         Additives U.S., LLC, Genesys International Corporation Limited, H2O         Innovation Inc., Reverse Osmosis Chemicals International, King Lee         Technologies, ​and​ Lenntech BV.                                           

  6. Few Recent Developments  Veolia Water  ● In November 2017, CTI-Orelis has acquired the CeraMem ceramic         membrane assets from Veolia Water Technologies. CTI-Orelis will         immediately begin integrating the new business and developing synergies         for advanced ceramic-membrane-based solutions for the oil-and-gas     industry.                                        •Request Sample Report •Request Customization •Download PDF Brochure •​Talk to Analyst Reference : https://www.coherentmarketinsights.com/market-insight/membrane-chemicals-marke t-3658

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