Tubular Membranes Market is to Touch $1.7 billion by 2030; Increased demand from the thermal sector and a rise in cooling tower blowdown fuels market expansion and Increasing regulations on wastewater discharge, coupled with growing demand from key i

Tubular Membranes Market size is estimated to reach $1.7 billion by 2030, growing at a CAGR of 7.3% during the forecast period 2023-2030, according to a recent report published by IndustryARC, titled, “Tubular membranes Market – By Material (Glass Fiber Reinforced Plastic (GFRP), Polyvinyl Chloride (PVC), Polyamide, Polyether Sulphone, Polysulphone, Cellulose Acetate, Polyacrylonitrile, Polyvinylidene Fluoride (PVDF), and Others), By Application (Ultra-Filtration (UF), Reverse Osmosis (RO), Nano Filtration (NF), and Micro Filtration (MF)), By End User (Municipal, Industrial, and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030” Increased demand from the thermal sector and a rise in cooling tower blowdown fuels market expansion and  Increasing regulations on wastewater discharge, coupled with growing demand from key industries are fueling the growth of Tubular Membranes industry during the forecast period.

In 2023, the Asia-Pacific region dominated the tubular membranes market, accounting for approximately 40% of the global share. The region's leadership is driven by its extensive installed capacity in the coal power industry, with China and India at the forefront. This dominance is largely due to rapid industrialization and regional expansion, which have significantly increased the demand for water treatment solutions. The swift growth in the energy and power sectors in countries like China and India has further fueled the market for tubular membranes in the Asia-Pacific. Meanwhile, North America closely followed the Asia-Pacific region in tubular membrane usage for wastewater treatment, driven by growing awareness of the importance of proper treatment and management of wastewater, chemical waste, and industrial waste.

The recent growth in the thermal energy industry has significantly boosted the demand for tubular membranes. Thermal power plants, which generate electricity using steam-driven turbines, rely on tubular membranes to facilitate the flow of processes within the system. This has resulted in a substantial increase in the market demand for these membranes. Additionally, the rise in industrial activities has led to a surge in industrial waste production, including dyes and pigments from manufacturing processes. This has created a greater need for effective waste management and treatment solutions, further driving the demand for tubular membranes in industrial plant waste pipes.

With rapid industrialization worldwide, key industries such as food and beverage and textiles have experienced significant growth and development in recent years. This expansion has led to an increase in industrial waste, including wastewater and excess dye, thereby heightening the need for effective waste treatment and management solutions. As a result, the use of tubular membranes in pipes and tubes for waste discharge and treatment has grown. Additionally, with the growing awareness of wastewater management, regulations governing wastewater discharge have become more stringent, further driving the demand for tubular membranes in wastewater treatment plants.