Reverse Osmosis (RO) Membrane Market

The RO membrane market is expected to grow at a CAGR of 6.5% to reach USD 5.11 billion by 2029 from USD 3.73 billion in 2024. The factors like growing water scarcity and demand from water & wastewater treatment and industrial processing are significantly driving the market growth.

The key global players in the RO membrane market, such DuPont (US), Toray Industries Inc (Japan), LG Chem (South Korea), Hydranautics (US), Veolia (France), Toyobo Co., Ltd (Japan), Kovalus Separation Solutions (US) Alfa Laval (Sweden), Mann+Hummel Water and Fluid Solutions (Germany), Membranium (Russia), Pentair (US), Thermo Fisher Scientific (US), Lanxess (Germany), Merck KGaA (Germany), Pall Corporation (US), and Best Water Technology Group (Austria) have a strong foothold in their respective regions and are exploring geographic diversification options to expand their businesses. They are focusing on increasing their market shares through new product launches, mergers and expansions.

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DuPont

DuPont is one of the leading manufacturers of specialty chemicals and advanced materials. The company operates through two major business segments namely, electronics & industrial and water & protection.  The company has made significant investments in R&D to launch advanced products for meeting the increasing demand for clean water solutions across various sectors including industrial and municipal applications. The company has significant geographic presence and operates in around 70 countries. The manufacturing facilities of DuPont are strategically located across North America, Europe, and Asia. It focuses on growth and strategic partnerships to enhance its footprint in global RO membrane market.

Toray Industries Inc

Toray Industries Inc is one of the leading global manufacturers advanced materials and technologies. It operates majorly through six business segments namely, fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, life science and others. The company has a strong focus on innovation and has developed a range of high performing RO membranes. It offers RO membrane products through its environment & engineering business segment. The company has strong brand reputation in the market due to its compliance with regulatory standards meeting safety requirements. The company has enhanced its manufacturing facilities particularly in China to meet the increasing demand for water treatment solutions in Asia and Europe.

LG Chem

LG Chem is a leading manufacturer of chemicals globally. It operates primarily through six business segments. LG Chem has extensive presence in global market along with production facilities located in Asia, the Americas, and Europe regions. The company has made several significant investments in RO membrane market to expands its production facilities with an aim to double the RO membrane business in upcoming years. The company has been focusing on developing high performing RO membranes. The company strongly focuses on quality and performance capturing a large share of RO membrane market. LG Chem has made partnerships for projects on large scale for supplying RO membranes in significant desalination plants to expands its reach in global market.

Hydranautics

Hydranautics is one of the leading manufacturers of membrane separation services globally. The company is the subsidiary of Nitto Denko group. The company specializes in manufacturing filtration membrane including RO membrane and technologies. The company serves multiple applications such as seawater desalination, wastewater treatment and ultrapure water purification through its RO membrane products. The company focuses on investing in R&D to develop advanced RO membranes enabling high flux rates and increased salt rejecting capabilities. Hydranautics expands its geographic presence through strategic partnerships and collaborations with key players across various industries. The company focuses of sustainability, innovation and strategic partnership in order to strengthen its presence in the global RO membrane market.

Related Reports:

Reverse Osmosis (RO) Membrane Market by Type (Thin Film Composite Membranes; Cellulose Based Membranes), End-Use Industry (Water & Wastewater Treatment; Industrial Processing), Filter Module, Application, & Region - Global Forecast to 2029

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