Polyvinylidene Difluoride (PVDF) Membrane Market to Cross $1,110.0 Million by 2023

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The global polyvinylidene difluoride (PVDF) membrane market is predicted to progress at a CAGR of 7.9% during the forecast period (2018–2023).

The rising number of health issues and diseases, caused due to the consumption of toxic food items, is one of the major factors boosting the demand for polyvinylidene difluoride (PVDF)-based membranes across the world. The PVDF-based membranes have the ability to filter out the toxic materials present in the food and beverage items and are thus, extensively used for the removal of spoilage organisms and contaminants from food items and beverages. In addition to this, these membranes are also used in beer brewing.

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The increasing need for efficient filtration technologies and methods, especially from the water treatment plants and the chemical and biopharmaceutical industries are the other major factors pushing the demand for PVDF-based membranes throughout the world. Due to these factors, the revenue generated from the globals sales of PVDF membranes is expected to increase from $720.1 million in 2017 to $1,142.0 million by 2023. The global polyvinylidene difluoride (PVDF) membrane market is predicted to progress at a CAGR of 7.9% during the forecast period (2018–2023).

Across the world, Asia-Pacific (APAC) is expected to observe the fastest growth in the usage of PVDF membranes during the forecast period. This is mainly credited to the mushrooming demand for membrane separation technologies from the water treatment plants in the region. The increasing water scarcity in the APAC region is massively boosting the demand for reusable water, which is in turn, propelling the demand for efficient membrane processes. In addition to this, the rapid technological advancements in the life sciences and biopharmaceutical areas are expected to further boost the adoption of PVDF membranes in the region in future.

Some of the major players operating in the global PVDF membrane market are Arkema Group, Danaher Corporation, Toray Industries Inc., Thermo Fisher Scientific Inc., CITIC Envirotech Ltd., Bio-Rad Laboratories Inc., Merck Group, Koch Membrane Systems Inc. (KMS), General Electric Company, and Membrane Solutions LLC.

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