Companiesandmarkets.com

Indian membrane market to increase by 13%

Press Release   •   Mar 04, 2013 16:12 GMT

The India membrane market has been forecast to increase at a compound annual growth rate (CAGR) of approximately 13% over the next five years, hitting a value of around $300 million by the end of 2015.

Since the very beginning of the 21st century, a heightened concern for sustainable use of Earth's natural resources has been observed in India.

The growing popularity of clean technologies, increasing water treatment & desalination projects and stringent wastewater treatment regulations will drive India's membrane market.

With RO membranes dominating the membrane market in India, it is expected that the membrane technology will radically change the scenario of the water and wastewater treatment industry.

Increasing number of municipal and industrial processes are adopting membrane technology in their mainstream production and operations.

Growing popularity of clean technologies, increasing water treatment & desalination projects and stringent wastewater treatment regulations will drive India's membrane market.

The Indian government plans to spend several billion dollars over the next 5-10 years treating the Ganges River. This expansion in municipal water filtration will drive growth in membranes for ultrafiltration, microfiltration and low-pressure RO.

The membrane market in India is dominated by multinational players, with a strong presence in the global membrane market. The market is highly consolidated with the top two players accounting for about half of the market value.

Local players are mostly unregistered, small to medium sized firms with a strong local presence. Membranes are also imported from small scale manufacturers based in other Asian countries like China.

For more information on the Indian membrane market, see the latest research: Indian Membrane Market

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