NEWS RELEASE MARCH 2016
Market For Industrial Cross-flow Membrane Products Will Exceed $10 Billion Next Year
Municipalities and industrial facilities will spend over $10 billion in 2017 for reverse osmosis (RO), nanofiltration, ultrafiltration and microfiltration. This includes the equipment and the replacement membranes. This does not include the residential or commercial market for the small filters.
The largest investment will be for desalinating seawater. The fastest growing geographical market will be China which is embarked on a massive program to provide desalinated drinking water to arid areas from coastal treatment facilities.
Microfiltration is taking market share away from granular media filters in the purification of drinking water due to the reduction in waterborne illnesses with this technology.
The pharmaceutical market continues to grow at a pace exceeding GDP. Cross-flow filtration is used to separate product from broth as well as for provision of ultrapure water for injection in products which will be injected into humans.
For more information on N020 RO, UF, MF World Market click on:http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/120-n020