Membrane Separation Technology Market Will Grow At A CAGR Of 10% From 2016 To 2024
The global membrane separation technology market is expected to grow at a CAGR of 10% from 2016 to 2024. This technology is widely used in wastewater treatment. Deprivation of water quality and Lack of clean drinking water is expected to adversely affect economic and social landscape globally in particular the emerging economies. It has been estimated that around 4 million deaths around the world occur due to inadequate water resource. Membrane separation is considered are one of the most significant methods used for purification of water. Changing from chemical based treatments to efficient treatments of water is expected to be a major driver since chemicals are perceived as environmental degradation processes associated with high disposal costs. The technology involves separation of materials via minute gaps or pores in the molecular arrangement without including any harmful chemicals. Major processes used for treatment of water include Nano filtration, microfiltr...