Global Membrane Chemicals Market Anticipated to Expand at 8.1 CAGR through 2020

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Future Market Insights (FMI) released its latest report titled, “Membrane Chemicals Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020”. According to the report, the global membrane chemical market was valued at US$ 1013.8 Mn in 2013 and is expected to demonstrate a considerable  CAGR of 8.1% during the forecast period.

Increase in demand for process water across various end-use industries is one of the key growth drivers for the global membrane chemicals market. However, Patents and regulatory hurdles along with shifting of technology towards non-conventional sources will decelerate the growth of the global membrane market during the forecast period. On the other hand, dynamic growth in industrial output in emerging economies coupled with increased focus on wastewater recycling will further accelerate the demand for membrane chemicals.

Membrane chemicals market is manly segmented on the basis of application, applications and end-use industries.

Geographically, the global membrane chemical market covers North America, Asia-Pacific, Middle East and Africa (MEA), Eastern Europe, Western Europe, and Latin America. Among these, North America region is forecast to witness a surge in the global membrane chemicals due to rising demands from end-use industries. Furthermore, presence of wide coal reserves in APAC region offers healthy market scope for membrane chemicals market in power sector. As a result, APAC is expected to surpass the North America in terms of value and volume share by 2020, registering a healthy CAGR of 10.1% between 2014 and 2020. However, Middle East and Eastern Europe are anticipated to display a vigorous demand for membrane chemicals in the near future.

Browse Full "Dietary Supplements Market - Application analysis, competitive analysis, market value, company profile, industry growth,  segment analysis, trends, geography, size, regional outlook, cagr, opportunity, share and forecast 2014 to 2020, Future Market Insights" Market Research Report at http://www.futuremarketinsights.com/reports/details/membrane-chemicals-market

By end use type, the global membrane chemicals market is segmented into wastewater treatment, power, desalination, chemicals, paper and pulp, food and beverages, and pharmaceuticals. Among all the aforementioned segments, Wastewater sector is estimated to be the largest segment for the global membrane chemicals market through 2020. Furthermore, food and beverages segment is expected to witness highest growth rate in the global membrane chemicals market between 2014 and 2020.

By application type, the global membrane chemicals market is segmented into scale inhibitors, coagulants & flocculants, biocides, pH adjusters, and dechlorinants. The scale inhibitor dominates the global membrane chemicals market and is projected to continue its dominance in terms of value during forecast period. Moreover, biocides segment is expected to double the revenue by 2020, registering double digit CAGR between 2014 and 2020.

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Key player in the global membrane chemicals market are BWA Water Additives, Lenntech, Genesys International, Kemira, and Nalco Holding Company in membrane chemicals market.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm delivering syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, combining current market intelligence, statistical anecdotes, technology inputs, valuable insights into market growth patterns, a bird’s-eye view of the competitive framework and future market trends.
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