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The membrane market size is forecast to increase by USD 1.59 billion at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth due to various driving factors. In the textile industry, the demand for membranes in filtration and separation processes is increasing. In the power sector, membranes are being extensively used for water treatment and power generation. In the pulp and paper industry, membranes are utilized for water and wastewater treatment and recovery of valuable by-products. Another factor is the rising health consciousness among consumers, leading to an increased demand for membrane filtration systems in the organic food and beverages industry for producing high-quality products. The biotechnology sector is also witnessing a rise in membrane applications, particularly in the production of fresh drinking water. However, challenges persist, such as the fouling of membranes and the underdeveloped state of the polymeric sector. Despite these hurdles, the market is expected to continue its expansion due to the increasing incidence of diabetes and growing health-consciousness among consumers.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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