Data Bridge Market Research analyzes that the global membranes market, which was USD 7.55 billion in 2022, is expected to reach USD 11.89 billion by 2030, growing at a CAGR of 6.7% during the forecast period of 2023 to 2030.

A membrane is a micro-porous barrier of various materials used to separate dissolved material and fine particles from the solution. Membranes are largely used for the removal of particulates, microorganisms, bacteria, and natural organic material that can impart taste, color, and odor to water and other fluids.

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Some of the major players operating in the global membranes market are:

• Merck KGaA (Germany)
• Dow (U.S.)
• TORAY INDUSTRIES, INC. (Japan)
• NITTO DENKO CORPORATION (Japan)
• Pentair plc (U.S.)
• Asahi Kasei Corporation (Japan)
• LG Chem (South Korea)
• Koch Separation Solutions (U.S.)
• Pall Corporation (U.S.)
• GENERAL ELECTRIC (U.S.)
• Hyflux Ltd (Singapore)
• PARKER-HANNIFIN CORP (U.S.)
• LANXESS (Germany)
• W. L. Gore & Associates, Inc. (U.S.)
• AXEON Water Technologies (U.S.)
• Membranium (Russia)