Membrane Filtration Market size was over USD 7.08 billion in 2023 and is projected to cross USD 17.69 billion by the end of 2036, witnessing more than 7.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of membrane filtration is estimated at USD 7.49 billion.
The growth of the market can be attributed to factors such as rising awareness of consumers regarding the benefits of filtration processes, increasing demand for premium quality membrane filtration systems, and stringent government regulations associated with the conservation of water. Along with these, rise in technological advancements in developing effective purification technologies is also expected to impact the market positively.
Author Credits: Rajrani Baghel
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