PVDF Membrane Market Size, Opportunities, Share, Top Companies, Growth, Regional Trends, Key Segments, Graph and Forecast to 2027
The global PVDF Membrane market size is projected to grow from USD 779 million in 2022 to USD 1,126 million by 2027, at a CAGR of 7.7% between 2022 and 2027. High demand in the biopharmaceutical industry, and increasing consumption in water & waste water treatment for industrial as well as domestic application are driving the market for PVDF Membrane.
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The increase in demand for PVDF Membrane due to the growing industrial development in the emerging economies, such as APAC, is driving the market. The key players in this market are Arkema S.A. (France), Merck Millipore (US), KOCH Separation Solutions (US), Pall Corporation (US), Cytiva Life Science (US), CITIC Envirotech Pte Ltd (Singapore), Bio-Rad laboratories (US), Thermo Fisher Scientific Inc. (US), Membrane Solutions, LLC. (US), GVS Filter Technology (Italy), and Toray Industries, Inc. (Japan). These players have adopted various strategies such as mergers & acquisitions, new product launches and investment & expansion to strengthen their market position. For instance, in January 2022, Arkema S.A. announced 50% PVDF capacity expansion in Changshu, China. With this PVDF capacity increase, the company will meet the strong demand and support the significant growth in water filtration, specialty coatings, and the semiconductor sector.
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Arkema S.A. is one of the leading companies, providing specialty materials. It has expertise in material science and designs materials to address the ever-growing demand for innovative and sustainable materials. The company operates through four business segments, namely, Adhesives, Advanced Materials, Coatings Solutions, and Intermediates. It manufactures PVDF membranes under its Advanced Materials business segments. Arkema S.A. serves various industries, including agriculture & food, automotive, transportation & aerospace, building & construction, electronics & electrical, chemical & plastic, pulp & paper, and oil & gas industries.
Merck Millipore is a part of the Life Sciences business segment of Merck KGaA. The company is a leading supplier of solutions and services for research, development, and production of biotechnology and pharmaceutical drug therapies to the global life sciences industry. The company operates through three business divisions: Life Sciences, Healthcare, and Electronics. The company offers its products under the brands Sigma-Aldrich, Milli-Q, Supelco, Millipore, BioReliance, and SAFC. Merck Millipore offers PVDF membranes under the brand, Millipore. It provides various services such as analytics & sample preparation services, biopharmaceutical manufacturing services, IVD/OEM materials & reagents services, industrial microbiology services, life science research services, and water purification services. The company offers its products and services to the diagnostics, biopharma, pharma, and food & beverage industries. It operates in North America, South America, Asia Pacific, and the Middle East & Africa.
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