28 May 2004 21:42 [Source: ICIS news]
HOUSTON (CNI)--The US market for membrane materials is forecast to increase 8.4%/year to $2.7bn (Euro2.2bn) in 2008, fuelled by the increasing use of value-added, high performance membranes, according to an analysis provided CNI Friday.
Key markets for membranes include chemical processing, industrial gas separations, water and wastewater treatment and pharmaceutical and medical applications, reports The Freedonia Group, a Cleveland, Ohio based consultancy.
The water and wastewater treatment market accounted for 54% of membrane demand in 2003 reports Membrane Separation Technologies, the new Freedonia study.
Said Freedonia analysts: "Polymeric membrane materials, including cellulose acetate, polysulfone, nylon and others, will continue to dominate the market because they have lower initial costs and greater product flexibility than nonpolymeric materials."
Cellulosic membranes, the least expensive membrane material, are projected to continue to account for the largest share of polymer membranes, with 58% of sales value in 2008, Freedonia said.
However, growth in demand for nonpolymeric materials, including ceramic, metal and composite types, will record more rapid gains because of their better performance in extreme temperatures and corrosive environments.
Freedonia said advances also will be driven by a shift away from more basic cellulose versions toward membranes made from specialty polymers and to other materials such as ceramics and silver.
It added: "Overall price growth will be restrained by the improvement in membrane material production technology, making membranes less expensive. Additionally, as more manufacturers enter the market, price competition will increase."
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