North American Market Forecast
The reverse osmosis membrane market in North America is projected to garner a revenue share of 38% by the end of 2037, backed by growing needs from end-user sectors including healthcare, and food & beverages. Furthermore, significant firms have begun investing in R&D to provide creative and economical reverse osmosis membrane solutions as a result of the expanding competitiveness and the number of local players.
APAC Market Analysis
The Asia Pacific reverse osmosis membrane market is anticipated to have significant growth over the forecast period. This growth of the market could be attributed to the rising urban population in this region which demand clean water. Urbanization stays a major megatrend to watch in the Asia Pacific region. Over 54% of all urban dwellers or 2.2 billion people worldwide, live in Asia.
Author Credits: Rajrani Baghel
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