[137 Pages report] The ultrafiltration market is projected to reach USD 2,140.1 million by 2023, at a CAGR of 15.0% from 2018 to 2023. Ultrafiltration is finding increasing acceptance in various applications, such as municipal treatment, pharmaceutical processing, food & beverage processing, chemical & petrochemical processing, and others. The growth of the ultrafiltration market is expected to be fueled by the rising demand from applications due to increasing demand for pure water and government regulations.

Request for free PDF Sample Report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102302816   

Polymeric segment to lead Ultrafiltration Market during forecast period

Based on type, the polymeric segment is projected to lead the Ultrafiltration Market during the forecast period. Polymeric type is estimated to have accounted for the largest market share due to its easy availability and cost-efficiency. These membranes are also suitable for various applications such as municipal and industrial treatment application. Ceramic is expected to be the fastest-growing type segment of membranes due to high porosity, high permeability, defined pore size, and good mechanical properties.

Industrial segment projected to grow at highest CAGR during forecast period

Based on application, the industrial treatment segment is projected to grow at the highest CAGR from 2018 to 2023. Ultrafiltration is widely used in various industries such as food & beverage, pharmaceutical, chemical & petrochemical, and textile industries. The technology is used for water treatment and manufacturing processes. In addition to this, the presence of stringent regulations in various countries for effluent discharge is also a major factor for the large size of this segment. The R&D departments of manufacturing companies are carrying out research to widen the application areas of ultrafiltration, which is expected to drive the Ultrafiltration Market during the forecast period.

APAC Ultrafiltration Market projected to grow at highest CAGR from 2018 to 2023

The Ultrafiltration Market in the APAC region possesses immense potential for growth. Increasing awareness of water and wastewater treatment and rising scarcity of fresh water are expected to fuel the demand for ultrafiltration during the forecast period. China, India, and Japan are some of the key countries in the region contributing significantly towards the growth of the Ultrafiltration Market in the APAC region.

The ultrafiltration market includes raw material suppliers, manufacturers of ultrafiltration, and end users. DowDuPont Inc. (US), Hyflux Ltd. (Singapore), Inge GmbH (Germany), Toray Industries, Inc. (US), GE Water & Process Technologies (US), Hydranautics (US), and Pentair plc (US) are the leading players operating in the ultrafiltration market.

Early buyers will receive 10% customization on this report.

Don't miss out on business opportunities in Waterproofing Membranes Market.

Read our blog for more details: https://chemabd007.blogspot.com/2019/04/ultrafiltration-market-expected-to.html

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: 1-888-600-6441 
[email protected]