Global Membrane Chemicals Market to Exhibit Rapid Surge in Consumption in the COVID-19 Crisis



 Membrane chemicals are used to treat water by removing impurities and bacteria. These chemicals are effective in removing impurities in water. These chemicals are used in the production of oil & gas, energy, pulp and paper, and food & beverage industries. They are gaining huge demand because of the growing demand for high quality and clean water across the globe. Membrane chemicals are also effective against metal-based fouling and colloidal silica fouling and also extract iron from the water. Membrane chemicals are environmentally safe and non-hazardous, as well as maintaining the water supply in optimum condition. Wastewater treatment, fuel, food & drink, desalination, paper & pulp, and pharmaceuticals are some of the major end-users of membrane chemicals. 


By the end of 2027, the global membrane chemicals market is expected to reach about US$ 2.9 billion in revenue, rising at CAGR by 8.1 per cent during the forecast period (2019-2027).


Market Restraints


The high cost of the membrane due to high maintenance costs is anticipated to further drive the market growth of the chemical membrane. Moreover, governments across the globe are encouraging the use of renewable energy sources in order to minimize reliance on fossil fuels, and most of the revenues from the membrane chemical industry come from thermal energy industries. However, relative to the nuclear and thermal power industries, renewable energy sources are undergoing traction. This is also expected to impede the growth of the market. 


The shortage of qualified professionals and knowledge of the benefits of membrane chemicals is expected to impede the market growth of the membrane chemicals market over the forecast timeframe. Few developed countries, such as the MEA and Latin America, are still unaware of the advantages of such advanced technologies and are expected to limit the market growth.

To know the latest trends and insights prevalent in the global Membrane Chemicals Market, click here:  https://www.globenewswire.com/news-release/2020/04/27/2022590/0/en/Global-Membrane-Chemicals-Market-is-poised-to-Surpass-US-2-9-Billion-by-2027-Coherent-Market-Insights.html

Comments

Post a Comment

Popular posts from this blog

Canada Nano-Enabled Packaging For Food And Beverage Is Witnessing Massive Demand Due To Reduction In Waste And Cost-Saving

Image
  Canada nano-enabled packaging for food and beverage uses nanomaterials, using nanotechnology much smaller than 100 microns, to create packaging materials without adding toxic materials. Nano-enabled packaging for food and beverage has shown great acceptance in the packaging industry and is widely used in food & drink and medical packaging. This innovative packaging technology can be applied to a wide range of industries including cosmetics, pesticides, pharmaceuticals, automobiles, packaging solutions, textiles, rubber & plastic, and healthcare. This packaging offers a number of advantages over traditional packaging methods, which include recycling, reduction of waste, cost savings, reduced product vulnerability, and enhanced product life-cycle management. Its environmental benefit is also significant as it promotes the use of bio-degradable materials, improves energy efficiency, protects aquatic systems, and creates a safer working environment for workers. Currently, ...
Read more

Global Biofeedback Measurement Instrument Market to Rise During the COVID-19 Crisis Period Owing to Increasing Consumer Awareness

Image
  Increasing cases of neurological disorders, including depression, anxiety, ADHD, and other dementias, are expected to fuel the market growth of the biofeedback instrument market during the forecast period. For example, according to the World Alzheimer's Study released by Alzheimer's Disease International (ADI), new cases of dementia across regions in 2015 were 4.9 million (49.0 percent) in Asia Pacific, 2.5 million (25.0 percent) in Europe, 1.7 million (18.0 percent) in the Americas and 0.8 million (8.0 per cent) in Africa. In addition, according to Parkinson's UK, about 137,000 people in the UK suffered from Parkinson's disease in 2015. Parkinson's disease is the second most common age-related neurodegenerative condition after Alzheimer's. For example, according to Parkinson's UK, the estimated number of people with Parkinson's disease in Northern Ireland in 2015 was 241, 157 of whom were male and 85 were female. The global biofeedback instrument mark...
Read more

Global Automotive Pumps Market is expected to be valued at US$ 67214.51 Mn by end of 2027, Says CMI

Image
Market Overview Automotive pumps are important components of a vehicle or any other internal combustion engine to move fluids and increase fuel efficiency as well as vehicle performance. Generally, automobile pumps are used in a range of vehicle components, including steering, transmission, coolant, fuel and lubrication. Automotive pumps have seen considerable demand in order to provide environmentally sustainable solutions in the automotive industry. On the basis of vehicle type, the demand for automotive pumps has been segmented into passenger cars, light commercial vehicles and heavy commercial vehicles. On the basis of the distribution channel, the industry was segmented into the original equipment manufacturer (OEM) and the aftermarket.  The global Automotive pump market accounted for US$ 51,885.07 Mn in terms of value and 738,923 units in terms of volume in 2018 and is anticipated to expand at CAGR by 3.8% over the period 2019-2027. Market Opportunities Providing custom-made...
Read more