Global RO Membrane Market 2018-2022 | Growth of Desalination as a Major RO Membrane Application to Boost Demand | Technavio
LONDON--(BUSINESS WIRE)--Oct 4, 2018-- analysts forecast the global RO membrane market to grow at a CAGR of over 9% during the forecast period, according to their latest market research report.
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Technavio has published a new market research report on the global RO membrane market for the period 2018-2022. (Graphic: Business Wire)
RO membranes with a high recovery rate is one of the major trends being witnessed in the . In most RO systems, 70% - 90% of feed water is wasted, depending on the design and operating conditions. Most RO systems use similar kinds of membranes and distribute water through the element in the same manner, and thus, do not increase the water purification system’s efficiency. Manufacturers of RO systems have attempted to increase the efficiency of their water purification systems by resorting to either an adjustment in the size of the reject flow controllers or modifications to the ancillary components of the RO system, such as storage tanks. But these methods have not provided the expected results, in terms of increasing the recovery rate.
According to Technavio analysts, one of the key factors contributing to the growth of the global RO membrane market is the growth of desalination as a major RO membrane application:
Global RO membrane market: Growth of desalination as a major RO membrane application
There is an increased need to identify new sources of water to bolster supply due to the rise in the global demand for freshwater. Desalination is one such method that is mainly used in arid and semi-arid regions across the world where other water supply options are limited. Desalination is increasingly becoming the common method of meeting the growing demand for water globally. Globally, during 2010-2018, the number of desalination plants increased by 46%.
According to a senior analyst at Technavio for research on water and waste management, “RO is the most common desalination technology in use globally mainly because of its lower energy consumption and higher efficiency than desalination using thermal energy. Based on the type of water desalination plants, the global installed base comprises 10% of thermal desalination plants and 90% of membrane desalination plants. RO membrane technology dominates the market and accounts for nearly 80% - 90% of membrane desalination plants.”
Global RO membrane market: Segmentation analysis
The global RO membrane market research report provides market segmentation by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
EMEA led the market in 2017 with a market share of nearly 60%. This region is expected to dominate the market through 2022.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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PUB: 10/04/2018 08:23 AM/DISC: 10/04/2018 08:23 AM