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Hollow Fiber Ultrafiltration Market worth $4.21 billion by 2029 - Exclusive Report by MarketsandMarkets™


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MarketsandMarkets

01 Oct, 2024, 10:30 GMT

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DELRAY BEACH, Fla., Oct. 1, 2024 /PRNewswire/ -- The report "Hollow Fiber Ultrafiltration Market by Type (Polymeric, and Ceramic), Module (Hollow Fiber), Application (Municipal, and Industrial (Food &Beverage Processing, Chemical & Petrochemical Processing, Pharma Processing)). and Region - Global Forecast to 2023, Hollow Fiber Ultrafiltration size is projected to grow from USD 2.08 billion in 2024 to USD 4.21 billion by 2029, registering a CAGR of 15.2% during the forecast period.

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The growth of the hollow fiber ultrafiltration market is fueled by its various reasons such as its characteristics like chemical stability, high flux and permeability, its environmental advantages and regulatory considerations by Safe Drinking Water Act (SDWA) approved, making water suitable for human consumption as well.

Browse in-depth TOC on "Hollow Fiber Ultrafiltration Market"

240– Tables
50 – Figures
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Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102302816

Municipal, by application, is expected to be the second largest segment during the forecast period.

Hollow fiber ultrafiltration is used for various municipal applications such as desalination, public utility water treatment and wastewater reuse. Hollow fibers are high in surface area to volume ratio, which allows for a large membrane area to be packed into a small module volume. This makes compact and efficient filtration water systems. Hollow fiber ultrafiltration plays a crucial role in municipal water and wastewater treatment by providing efficient, reliable, and cost-effective solutions that meet modern regulatory standards. Hollow fiber ultrafiltration is known for its ability to effectively remove bacteria, viruses and suspended solids from surface and groundwater, ensuring safe drinking water.

Ceramic is anticipated to be the second largest segment, by type, during the forecast period.

Ceramic hollow fiber utilizes porous ceramic fibers to separate particles and contaminants from liquids and gases and is known to be advance filtration system. Ceramic membranes are made from inorganic materials like alumina, titania and zirconia. When compared to traditional polymer membranes, these ceramic membranes have various advantages such as mechanical strength, chemical resistance, thermal stability, and are suitable for harsh operating conditions. Ceramic hollow fibers are manufactured is such a way that it provides with ease of cleaning and maintenance enhancing operational efficiency and longevity.

Europe is expected to be the third fastest-growing region in the global hollow fiber ultrafiltration market, by region, during the forecast period.

Europe is one of the largest markets globally and provides significant opportunities for hollow fiber ultrafiltration manufacturers. This region includes the countries such as Spain, Germany, France, the UK, Italy, Russia, and the Rest of Europe. Hollow fiber ultrafiltration is primarily used for clarifying, disinfecting, and purifying brackish water or wastewater. Stringent EU directives support minimizing the use of chemicals as the principal raw material for water treatment. This is one of the key opportunities in the European hollow fiber ultrafiltration market.

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The key players profiled in the report include are Pentair (US), Toray Industries, Inc. (Japan), DuPont (US), Hyflux (Singapore), Hydranautics (US), Kovalus Separation Solutions (US), Pall Corporation (US), Veolia (France), Asahi Kasei Corporation (Japan)and Mann+Hummel (Germany).

Browse Adjacent Market: Membranes Market Research Reports & Consulting

Related Reports:

Membranes Market - Global Forecast to 2029

About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
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MarketsandMarkets™ INC.
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