Top Companies in Membrane Market | Leading Players Comprehensive and In-depth Report by Vantage Market Research

The increase in population and rapidly growing industrialization are the major factors expected to witness the growth of the Membrane market during the forecast period.

Top Companies in Membrane Market | Leading Players Comprehensive and In-depth Report by Vantage Market Research
Membrane market

Market Overview:

The Global Membrane Market is valued at 6,452.90 USD Million in 2021 and is projected to reach a value of 10,527.70 USD Million by 2028 at a CAGR of 8.50% over the forecast period. The major drivers for the membranes market include increasing population, rising awareness about wastewater reuse, and rapid industrialization. Also, the shift from chemical treatment of water to physical treatment of water, strict regulations regarding water treatment, and water discharge, and changing climate dynamics in terms of the amount of precipitation are also driving the membranes market.

The membranes market in APAC has immense growth potential driven by the increasing demand for the physical treatment of water. APAC consists of some large and rapidly growing economies, such as China, India, Indonesia, Malaysia, Vietnam, and Thailand. Across these economies, local governments are reforming regulations in fields such as water treatment, drinking water supply, and wastewater discharge. The major drivers for the membranes sector in APAC are changing reforms regarding water regulations in existing systems, growing population, increasing investment for water treatment, and rapid industrialization.

Some of the key players operating in the Membrane market are listed below:

Company Name

Revenue in USD

  • Alfa Laval

$4 Billion

  • Danaher

$29 Billion

  • DowDuPont Inc.

$22 Billion

  • GEA Group Aktiengesellschaft

$5 Billion

  • Toray Industries, Inc

$18 Billion

  • Merck

$52 Billion

  • Siemens

$70 Billion

  • SPX Flow

$1 Billion

 

  1. Alfa Laval

Alfa Laval is a Swedish multinational company founded in 1883. The company provides products and services to the industrial sector. These include valves, pumps, heat exchangers, evaporators, distillers, oil separators, filters, and all other hardware vital to the operation of the ship's engine room. The company is headquartered in Lund, Sweden. In 2020, the company had 17,497 employees working across the globe. The company is listed as ALFA (STO) on the Swedish Stock Exchange. The company has various subsidiaries such as Alfa Laval Corporate AB, Vortex Ventures, Inc., and various others. 

  1. Danaher

Danaher Corporation is an American globally diversified conglomerate with its headquarters in Washington, D.C. The company designs manufacture and markets professional, medical, industrial, and commercial products and services. The company's 3 platforms are "Life Sciences", "Diagnostics", and "Environmental & Applied Solutions". The company is named after Danaher Creek in Western Montana. Danaher was one of the first companies in North America to adopt "Kaizen" principles to the manufacturing, which is a lean manufacturing Japanese philosophy of continuous improvement, and elimination of waste.

  1. DowDuPont Inc.

DowDuPont, Inc. was established in 2017. Headquartered in the U.S., the company creates essential innovations by enabling connectivity & mobility, a healthy & active lifestyle, and urbanization & safety. The company provides its business facilities in various sectors such as Electronics & Industrial, Mobility & Materials, and Water & Protection. The company delivers a broad range of technology-based products and solutions to the automotive, electronics, industrial, consumer, medical, photovoltaic, and telecom markets. The company aims to create water, shelter, and safety solutions for a more sustainable world.

  1. GEA Group Aktiengesellschaft

GEA is one of the world’s largest systems suppliers for the food, beverage, and pharmaceutical sectors. The company's portfolio includes machinery and plants as well as advanced process technology, components, and comprehensive services. Used across diverse industries, the company enhances the sustainability and efficiency of production processes globally. The company's business model has evolved significantly since its founding in 1881 as a metals trading company. Today, the company's five business divisions are supported by more than 18,000 dedicated employees located in 64 countries. GEA customers benefit from their global reach, extensive local presence, and the depth and breadth of their processing knowledge and portfolio, underpinned by a strong sense of purpose and responsibility.

  1. Toray Industries, Inc

Toray Group is an integrated chemical industry group developing its business in 29 countries and regions worldwide. Toray Group fuses nanotechnology into its operations, using organic synthetic chemistry, polymer chemistry, and biotechnology as its core technologies. In addition to the Foundation Businesses of fibers & textiles and plastics & chemicals, Toray likewise promotes the global development of IT-related products, carbon fiber composite materials, pharmaceuticals and medical products, environment & engineering including water treatment, and progress in other pivotal business fields.

  1. Merck

The Merck Group, branded and commonly known as Merck, is a German multinational science and technology company headquartered in Darmstadt, with about 57,000 employees and present in 66 countries. The group includes around 250 companies; the main company is Merck KGaA in Germany. The company is divided into three business lines: Healthcare, Life Sciences, and Electronics. Merck was founded in 1668 and is the world's oldest operating chemical and pharmaceutical company, as well as one of the largest pharmaceutical companies in the world.

  1. Siemens

Siemens Corporation was established in 1847. Headquartered in Germany. The company conducts its operations worldwide. It is an international technology firm focusing on the areas of electrification, automation, and digitalization. It specializes in mechanization and digitalization in the process and manufacturing industries, intelligent infrastructure for constructions and distributed energy strategies, conventional and renewable power generation and power allocation, smart mobility solutions for rail and road, and medical technology and digital healthcare benefits. It consists of three operating companies they are Digital Industries, Smart Infrastructure, and Gas and Power.

  1. SPX Flow

SPX FLOW, Inc is based in Charlotte, N.C., with operations in more than 30 nations and sales in more than 140 countries. The company's work is technical and they pride themself on finding innovative and sustainable solutions. The company's landmark facilities are Innovation and Design Centers, which are located around the globe. These state-of-the-art collaboration labs are where they partner with leading nutrition, health, and industrial manufacturers, bringing together trusted brands and technologies to meet new consumer expectations and anticipate industry trends. The result: new standards of quality, consistency, and cost-effectiveness, as well as safety and sustainability. The company pioneered homogenizers, which explains how they help customers make products that meet the growing demand for enhanced nutritional and plant-based products. The company partners with customers to extend the shelf life of milk, creams, and processed cheese without losing nutritional value, flavor, or appearance.

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