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DUBLIN--(BUSINESS WIRE)--Nov 7, 2022--
The "Ultrafiltration Market Size, Share, Trends, By Type, By Module, By Application, and By Region Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The global ultrafiltration market is forecast to reach USD 5.72 Billion by 2030, according to this report. Ultrafiltration is a pressure-driven separation process that uses membrane technology to separate macromolecules and colloids from a solution on the basis of molecular weight.
Increasing demand for safe drinking water, rapid industrialization and urbanization, stringent government regulations regarding wastewater discharge, and technological advancements are expected to fuel market growth during the forecast period.
The market is anticipated to gain significant momentum in the next few years owing to the growing need for clean and safe water. In addition, rising awareness about the benefits of ultrafiltration, such as its ability to remove contaminants from water, is expected to boost market growth in the coming years. Furthermore, increasing investment by leading companies in research and development activities is expected to create new opportunities for market expansion in the near future.
Technological advancement is one of the key trends being witnessed in the ultrafiltration market. Membrane manufacturers are continuously investing in research and development to develop new and improved membranes with higher flux and better selectivity. In December 2017, DowDuPont Inc. announced the launch of its new product, the FILMTECT EC-LM (Enhanced Chemistry - Low Minerals) Element. This product is designed for use in low-mineral water applications and offers high flux and stable operation.
Further key findings from the report suggest
Companies Mentioned
For the purpose of this report, the author have segmented into the global Ultrafiltration market on the basis of type, module, application, and region:
Type Outlook (Revenue, USD Billion; 2019-2030)
Module Outlook (Revenue, USD Billion; 2019-2030)
Application Outlook (Revenue, USD Billion; 2019-2030)
Regional Outlook (Revenue, USD Billion; 2019-2030)
For more information about this report visit https://www.researchandmarkets.com/r/swgmim
View source version on businesswire.com:https://www.businesswire.com/news/home/20221107005717/en/
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SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/07/2022 09:02 AM/DISC: 11/07/2022 09:02 AM
http://www.businesswire.com/news/home/20221107005717/en