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Reverse Osmosis Membrane Market
Reverse Osmosis Membrane Market
The GMI Research report asserts that the Reverse Osmosis Membrane Market will register a CAGR of 8.7% during the forecast period. The increasing application of RO for the desalination of seawater as it can separate bacteria, solids, and seawater will compel the Reverse Osmosis Membrane market size.
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Reverse Osmosis Membrane Market Dynamics
The reverse osmosis membrane is a thin layer material that separates contaminating agents and dissolved salts from drinking water. Thus, the increasing usage of reverse osmosis in the desalination of seawater is a chief force complementing the growth of the global reverse osmosis market. The augmenting adoption and innovation of sophisticated technology has bolstered the market growth. For example, For instance, Toray Industries, Inc. in 2019 declared the launch of seawater desalinating reverse osmosis (RO) membrane that allows producing 70% more clean drinking water from the conventional offerings. Also, the global Reverse Osmosis Membrane market report projects that the accelerating water pollution has resulted in increasing incidences of water-borne diseases and deaths. For instance, as per the report published by CDC in 2020, nearly 7.2 million Americans get sick every year from water.
However, the life of RO membrane is temporary which might restrain the market growth. Additionally, RO scaling uses higher energy ad decease the life span the membrane which may hamper the Reverse Osmosis Membrane market growth.
End- Use Segment Drivers
Based on the End-Use Industry, the Water & wastewater treatment segment is likely to size a prominent share over the forecast period. This is because of the scarcity of freshwater due to the shortage of freshwater availability, norms regarding wastewater treatment and water reprocessing. Moreover, as per the Reverse Osmosis Membrane market analysis, desalination activities across developed and developing countries has also bolstered the market growth
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