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New York Press Releases
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(NewYork.CityRegions.Com, November 02, 2018 ) Membrane filtration technology is garnering increased popularity as a green filtration technology, especially in applications related to the reuse and recovery of water from a number of sources such as oil and gas sector, municipal outlets, and a number of industrial sources. This can be attributed to the fact that membrane filtration uses minimum or no amount of chemicals, membrane filtration systems incur low cost of maintenance, and provide excellent quality clean water that can meet the strict discharge limits set for release in surface areas in a number of developed economies.
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The market is expected to exhibit a promising growth pace in the next few years as the demand for clean water continues to be strong for commercial, residential, as well as industrial applications. The market is expected to be chiefly influenced by the following trends:
Increased Demand for Green Water Treatment Technologies: An increasing shift from chemical water treatment methods to physical ones, mostly due to the apparently environmentally unclean nature of the former, has been seen in the global market in the past few years. The trend is expected to remain strong in the next few years as well, leading to the rising adoption of membrane filtration technology. Increased Awareness Regarding Obvious Benefits over Other Technologies: There are many benefits of membrane filtration technology over other cleaning/separation technologies, the chief ones being the lessened use of chemicals, the relatively simple usage of the membrane separation mechanism after proper installation, and effective use of energy across the entire process. The rising awareness among consumers regarding these benefits is expected to work well for the market in the next few years.
Promising Rise in Growth Opportunities in Asia Pacific: The region has witnessed the vast expansion of the industrial sector in emerging economies such as India and China in the past few years. These rapidly industrializing countries have also witnessed a massive rise in population owing to promising financial growth. These factors have necessitated the need for proper water and wastewater treatment technologies, driving the membrane filtration market in turn.
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Key players operating in the global membrane filteration market include 3M Company, The WABAG Group, Pall Corporation, GEA Group, Dow Company, Koch Membrane System, and Veolia Water Technologies.
Transparency Market Research
Ganesh Rajput
15186181030
ganesh.r@transparencymarketresearch.com
Source: EmailWire.Com
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