NEWS RELEASE NOVEMBER 2016
Market for Cross-flow Membrane Resins, Adhesives, Fibers, Coatings and Binders to Exceed $2.9 Billion by 2021
The market for cross-flow membrane elements will exceed $2.9 billion in 2021. The element producers will spend $1,450 million for media, end caps, netting and adhesives. The media suppliers will spend $725 million for resins, fibers, coatings and adhesives. This is the latest forecast in Reverse Osmosis, UF, MF World Markets.
Cross-flow membranes are used to purify liquids in the chemical, mining, refining and oil and gas industries. They are also used to treat drinking water and municipal wastewater. Desalination is the largest single use. Membrane elements are found in spiral wound and hollow fiber configurations.
Instead of starting with resins and media production and analyzing the growth in each industry, RO it is desirable to start with the end users and determine their demand requirements in the future. McIlvaine is pursuing this approach in all its filtration market reports.
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