Some of the key manufacturers of the hollow fiber membrane industry are
Toray
Asahi Kasei
DuPont
LG Chem
Lenntech
Authors:
Kiran Pulidindi, Akshay Prakash
Frequently Asked Questions (FAQ) :
The global market for hollow fiber membrane was over USD 9.43 billion in 2019 and could witness around 9.4% CAGR through 2026 with developments in wastewater management.
The market share from microfiltration segment had reached over USD 4.5 billion in 2019 and will grow due to increased use in areas like dairy processing plants, portable water treatment, among others.
Polymeric materials accounted for more than 90% share in 2019 as they consumer lower energy and chemicals while processing and have high removal capabilities.
More than 45% of hollow fiber membrane demand was held by the water & wastewater treatment segment in 2019 with the rising need for cleaning harsh chemicals and contaminants.
APAC region accounted for over 45% of global hollow fiber membrane industry share in 2019 with increase in investments towards improving wastewater treatment facilities and growth of domestic suppliers.