The total market for membrane-based water treatment will grow from US$ 1.5 billion in 2009 to US$ 2.8 billion in 2020, according to a new report from Lux Research.
Reverse osmosis (RO) membranes are the largest technology, but ultra-filtration (UF) is set for fast growth. Reaching US$ 1.3 billion in 2020, RO membranes will continue to be the biggest segment of the market. However, fueled in part by their promise in treating municipal waste water, industrial process water and other types of water, UF membranes should see a healthy 6.5% compound annual growth rate, expanding from US$ 0.4 billion in 2009 to nearly US$ 0.7 billion in 2020.
Recycled municipal water will boom. In regions of extreme water stress, such as India and China, the idea of municipal water recycling is catching on.
The Indian government alone plans to spend several billion dollars over the next 5-10 years treating the Ganges River. This expansion in municipal water filtration will drive growth in membranes for ultra-filtration, micro-filtration and low-pressure RO.
Reverse osmosis (RO) membranes are the largest technology, but ultra-filtration (UF) is set for fast growth. Reaching US$ 1.3 billion in 2020, RO membranes will continue to be the biggest segment of the market. However, fueled in part by their promise in treating municipal waste water, industrial process water and other types of water, UF membranes should see a healthy 6.5% compound annual growth rate, expanding from US$ 0.4 billion in 2009 to nearly US$ 0.7 billion in 2020.
Recycled municipal water will boom. In regions of extreme water stress, such as India and China, the idea of municipal water recycling is catching on.
The Indian government alone plans to spend several billion dollars over the next 5-10 years treating the Ganges River. This expansion in municipal water filtration will drive growth in membranes for ultra-filtration, micro-filtration and low-pressure RO.
Reverse osmosis water systems are a definite necessity for the commercial bottled water companies as they have to process gallons of water every day.
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