Global PVDF Membrane Market
As stated in our extensive report; the Global PVDF Membrane Market accounted for 613.6 Million in the year 2022 and is forecast to reach USD 1086.1 Million by 2030 at a CAGR of 8.5%.
PVDF Membrane is an inherently hydrophobic, non-structural transfer membrane. It has a high binding capacity that prevents the protein from crossing the membrane. Polyvinylidene fluoride (PVDF) is mainly produced by radical polymerization of the monomer vinylidene difluoride (1,1-difluoroethylene). The expansion and development of the water treatment industry has increased the demand for PVDF Membranes in the market. In other words, polyvinylidene fluoride membrane is an important part of wastewater management because this membrane is used for water distillation, extraction and filtration. The growing demand for clean water in all fields directly affects the growth rate of polyvinylidene fluoride membrane market.
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The demand for clean, high-quality water free from harmful bacteria and microorganisms is increasing in the pharmaceutical industry, especially for cleaning and manufacturing of active pharmaceutical ingredients (APIs), equipment rinsing, non-compensating waters and laboratory. The increasing use of polyvinylidene fluoride membranes in the pharmaceutical field is expected to boost the growth rate of the market. Sustainability concerns and strict regulations have increased the demand for wastewater treatment and treatment. In order to control the level of pollution, various emission control laws have been enacted in most countries around the world to ensure that waste dumped poses minimal environmental risk. For example, the UK, US, Australia, and Canada are updating their emission standards to reduce pollution.
Key factors influencing PVDF Membrane Market Growth
The growth of the global PVDF Membrane market can be attributable to the following:
- The growing population is the major factor that has increased the scope for desalination in developed and developing regions.
- Process water requirement in chemical, petrochemical, power, food & beverage, and other industries is anticipated to increase during the forecast period. This is anticipated to considerably upsurge the market demand for PVDF Membranes.
- PVDF Membrane is an inherently hydrophobic, non-structural transfer membrane. It has a high binding capacity that prevents the protein from crossing the membrane.
- The expansion and growth of the water treatment industry has increased the market demand for PVDF Membranes. In other words, polyvinylidene fluoride membrane is an important part of wastewater management because this membrane is used for water distillation, extraction and filtration.
- Increasing demand for clean water in all fields directly affects the growth rate of polyvinylidene fluoride membrane market. The demand for high-quality, clean water free from harmful bacteria and microorganisms is increasing in the pharmaceutical industry, especially for cleaning and manufacturing active pharmaceutical ingredients (APIs), equipment flushing, non-clearing and laboratory water.
- The increasing use of polyvinylidene fluoride membranes in the pharmaceutical industry is expected to accelerate the growth rate of the market. Sustainability concerns and strict regulations have increased the demand for wastewater treatment.
- To control pollution levels, various emission control laws have been enacted in most countries around the world to ensure that waste dumped poses minimal environmental risk. For example, the UK, US, Australia and Canada are updating their emissions standards to reduce pollution.
- The raw material price fluctuation of PVDF Membrane and the high production and maintenance costs are a serious problem for the development of the PVDF Membrane market.
Asia Pacific Region to Lead the Market
The Asia Pacific region is expected to dominate the market for PVDF Membranes during the forecast period. In countries like China, India, and Japan, because of increasing chemical and pharmaceutical industries and growing awareness among people and industries to treat wastewater, the demand for PVDF Membranes has been increasing in the region. The largest producers of PVDF Membrane are located in the Asia Pacific region. North America will continue to project the highest compound annual growth rate during forecast period of 2022-2029 due to the rising elderly population and growing pharmaceutical sector in this region. According to the India Brand Equity Foundation (IBEF), the Indian pharmaceutical market turnover was valued at USD 20.03 billion in 2019, with a growth rate of 9.8% yearly compared to the previous year, thus stimulating the demand for the market studied. PVDF-based membranes also find their application in the food and beverages industry.
According to the Statistics Bureau of Japan, the sales value of food and beverages wholesale in Japan was valued at about USD 450 billion in 2019, with a decline rate of about 2.5% compared to the previous year, thereby negatively impacting the market demand studied.
Conclusion
Increased demand for PVDF Membranes from biopharmaceutical companies and stringent regulations pertaining to the release and treatment of industrial waste, are positively influencing the overall PVDF Membrane market.
Some of the key players in the Global PVDF Membrane Market include- Veolia Water Technologies (France), Ecolab (U.S.), Kemira (Finland), General Electric (U.S.), BWA Water Additives UK Ltd. (U.K.), Genesis International Corporation Ltd. (India), H2O Innovation (Canada), Reverse Osmosis Chemicals International (U.K.), King Lee Technologies (U.S.), Sentech BV (U.A.E) and others.