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The Global Reverse Osmosis Membranes Market size is estimated to reach $8.5 billion by 2027, growing at a CAGR of 7.2% during the forecast period 2022-2027. Rising awareness about the adverse impact of water pollution and increasing demand for packaged drinking water have attributed to its growth. Partially permeable membranes are used predominantly for seawater desalination, with the ability to remove dissolved salts and organic molecules. In April 2022, Toray Industries, Inc. launched TBW-HR series of ultralow-pressure RO membranes, with micropore controlling features and the capability to remove silica, boron or other ionic compounds from untreated wastewater. Compared to activated carbon and nanofiltration technologies, installation of RO systems within commercial or large residential areas is expensive, which may hamper its market growth.
Moreover, the Reverse Osmosis Membranes market for Wastewater Treatment & Reuse applications is analyzed to grow at the highest CAGR of 8.4% during 2022-2027. Factors attributing to this growth include growing water scarcity and government initiatives to encourage the adoption of nanofiltration technologies for industrial wastewater. According to a press release from the Nemmeli desalination plant in 2022, almost 7,056 RO membranes were used in the RO process to treat seawater, with the life span of these partially permeable membranes being limited to five years. These factors are analyzed to transform the Reverse Osmosis Membranes industry outlook in the coming time.
The Asia Pacific region dominated the global Reverse Osmosis Membranes market with a share of 38% in 2021, owing to the increasing use of nanofiltration techniques for the purification of industrial wastewater, rising awareness of waterborne diseases and so on. Furthermore, the rising adoption of water filters in homes and public buildings, as well as growing environmental concerns about water pollution, are driving up demand for Reverse Osmosis Membranes in the region. DuPont Water Solutions and Onsitego would collaborate in August 2020 to launch FilmTec residential reverse osmosis (RO) elements on Amazon India. These elements are poised to alter the outlook for the Reverse Osmosis Membranes industry.
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Reverse Osmosis Membranes Market Growth Driver:
Growing adoption of residential water purification technologies:
The growing adoption of residential water purification technologies is influencing the Reverse Osmosis Membranes market growth over time. Growing health concerns due to the consumption of polluted drinking water and the popularity of activated carbon-based RO systems are impacting demands for residential water purifiers. In 2022, World Health Organization (WHO) stated that over 2 billion people lived in water-stressed countries, highlighting that around 2 billion people drink contaminated water. These factors increase vulnerability towards waterborne diseases within residential areas, thus driving market growth forward.
Reverse Osmosis Membranes Market: Competitive Landscape
Major players in the Reverse Osmosis Membranes Market include Axeon Water Technologies, BNKO Environmental Technology (Shanghai) Co., Ltd, DuPont, Koch Membrane Systems Inc. and NITTO DENKO CORPORATION. In November 2021, DuPont Water Solutions launched a small-size and low-cost RO membrane filter, TapTec LC HF-4040.