Ion Selective Permeable Membrane Market is growing at a CAGR of 3.5% during 2020-2025. Ion selective membranes that transports certain dissolved ions, while blocking other ions or neutral molecules. These ionic species enable the separation, concentration, or exclusion of ionic types from a fluid flow. The growing demand from wastewater treatment, and the surging demand of healthcare and electronics sector leads to increase the market growth. The spread of COVID-19 all over the globe have increased the growth in healthcare sector due to growing demand of drugs and other medicines, which needs clean water to manufacture. Owning to this, the growing demand of ion selective permeable membrane in medical waste water treatment leads the increase the market growth specifically in the year 2020 and 2021.
By Type – Segment Analysis
Based on type, the ion selective permeable membrane market is segmented into perfluorocarboxylic acid ion exchange membrane, perfluorosulfonic acid ion exchange membrane, and others. The perfluorosulfonic acid ion exchange membrane consists the highest share in the market due to its unique properties which is caused by its structural features, which is the separation of hydrophilic and hydrophobic areas that leads to the formation of pores and chemicals that selectively absorbs and transfer ions. Owning to this, the ion exchange from perfluorosulfonic acid is much beneficial as compare to other type of membranes.
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By Application – Segment Analysis
The application segment includes applications such as chlor-alkali processing, waste water treatment, and others. Among these, the consumption of ion exchange membrane in chlor-alkali processing is higher as compare to others. The membrane cell process makes use of brine and a membrane cell with positive and negatively charge electrodes. The anode (negative charge) oxidizes the chloride ion, which loses an electron to become free chlorine gas. The hydrogen ions are pulled at the cathode and form hydrogen gas. The semi-permeable membrane of the cell allows for the sodium ions to travel to a second chamber, where they react with water to produce sodium hydroxide.
Geography – Segment Analysis
APAC, includes the highest share in ion selective permeable membrane market geographically. Owing to the high demand for Ion exchange membrane from developing countries such as China and India. In Asia-Pacific, government policies regarding water treatment in the emerging countries of the region such as China, India, and Indonesia, which are also increasing the market demand. In highly populated countries such as China and India, which are the need for conservation and re-use of water is rising at a significant rate. Moreover, the rising investments in research and development activities for the introduction of advanced Ion exchange membrane is predicted to accelerate the growth of this region.
Drivers – Ion selective permeable membrane Market
The growing demand of wastewater treatment in medical sector.
Healthcare sector is significant consumer of water as this sector generates considerable amount of wastewater which consists of harmful bacteria, pathogens, and virus, pharmaceuticals and its metabolites, radioactive elements, toxic chemicals, and heavy metals. In order to reduce such causes, the medical sector are highly consuming selective membranes to refresh the wastewater and to use it in better ways. Owning to this, the wastewater management in healthcare sector are using technologies such as ion selective permeable membranes to select the ions that are required during the process, specifically during chemical process, and thus to make water reusable for manufacturing medicines and for other application. These factors have increased the demand of ion selective permeable membrane which is driving the market growth.
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Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Ion selective permeable membrane market. Ion selective permeable membrane Market top 10 companies are Asahi Kasei, Solvay, Dongyue Group, Fujifilm, FUMATECH BWT GmbH, ASTOM Corporation and Saltworks Technologies, among others.
The ion selective permeable membrane market is driven by rise in awareness for wastewater treatment and rapid growth in installations of energy-related systems in different regions worldwide.
The ion selective permeable membrane manufacturers are majorly focusing on improvements. In present times, most of the technologies are developed by manufacturers instead of importing.
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