NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces the Release of the Global Ultrafiltration Membranes Industry Report – https://www.reportlinker.com/p06033182/?utm_source=GNW
9% over the analysis period 2020-2027. Ceramics, one of the segments analyzed in the report, is expected to register a CAGR of 7.5% and reach US$3.2 billion by the end of the analysis period. Taking into account the ongoing post-pandemic recovery, growth in the polymer segment is adjusted to a revised CAGR of 6.6% for the next 7 years.
The US market is valued at US$1.1 billion while China is forecast to grow at 11.2% CAGR
The US ultrafiltration membrane market is valued at US$1.1 billion in 2020. China, the second largest economy in the world, is forecast to reach a projected market size of US$1.4 billion by 2027, at a CAGR of 11.1%. over the 2020-2027 analysis period. Other notable geographic markets include Japan and Canada, which are forecast to grow 4% and 5.7%, respectively, over the 2020-2027 period. Within Europe, growth of approx. 5% CAGR is forecast for Germany. Led by countries like Australia, India and South Korea, the Asia-Pacific market is expected to reach US$901.7 million by 2027.
Other Material Types segment is expected to record 6% CAGR
In the global Other Material Types segment, the US, Canada, Japan, China and Europe will drive the 6% CAGR estimated for this segment. These regional markets make a…
