Membrane Technology Market to Expand at 9.10% CAGR from 2014 to 2019 Health Articles | May 26 Mike Conley Grizzlies Jersey , 2016
The global rise in the pharmaceutical industry gives a significant boost to the worldwide market for membrane technology. The increasing demand for single-use disposables in biopharmaceuticals also triggers the demand for membrane technology in recent times.
The global membrane technology market is experiencing a significant rise in its valuation. The increasing research and development activities in membrane technology and the growth of several industries such as life sciences, pharmaceutical, and biopharmaceutical in terms of production volume are propelling this market substantially across the world. North America has been leading this market since the last few years. However, Asia Pacific is likely to emerge as the fastest growing membrane technology market across the world.
A research study by Transparency Market Research (TMR) has stated that the worldwide market for membrane technology stood at US$6.4 bn in 2013. Analysts estimate this market to expand at a CAGR of 9.10% between 2014 and 2019 and reach a value of US$10.8 bn by the end of 2019.
What are the key factors driving the global membrane technology market?
The introduction of single-use disposable technology for biopharmaceutical products is the main driving force behind the robust growth of this market. Other than this Zach Randolph Youth Jersey , the implementation of stringent regulations regarding sterilizing drugs and medications during production is fueling the demand for membrane filtration, adding significantly to the market’s rise.聽
The continual advances introduced in the membrane technology are also boosting the market for membrane technology considerably across the world.
What are the major challenges faced by this market?
The global membrane technology market faces severe challenges from membrane fouling. In various processes such as membrane bioreactor, solutions or particles get deposited on the surface of the membrane, degrading its performance Marc Gasol Youth Jersey , thereby hindering the filtration process.
Apart from this, the high capital investment and operational cost associated with membrane technology also restrict companies to venture into this market, impeding its growth.
Avail a Free Sample Report:
What are the key strategies adopted by players operating in this for business expansion?
Most of the participants in the global membrane technology market are focusing on research and innovation as well as advancement of existing products to gain competitiveness in the market. One of the leading market players, the US-based GE Healthcare Life Sciences Mike Conley Youth Jersey , has recently introduced a new ultrafiltration membrane technology for water treatment, named ZeeWeed 700B to be used in the offshore oil and gas market. This new horizontal-designed, inside-out UF membrane provides removal of solids in oil and gas applications and pre-treatment for seawater used for injection.
In May 2015, the company launched a novel nanofiltration membrane for seawater sulfate removal Zach Randolph Womens Jersey , specially designed for the upstream oil and gas market.
Mergers, acquisitions, and partnerships have also been popular among market players looking for strengthening their positions by expanding their product portfolios. Advantec MFS, Amazon Filters Marc Gasol Womens Jersey , Trisep Corp., Novasep, Koch Membrane System, Merck Millipore Mike Conley Womens Jersey , 3M Co., and Sartorius are some of the other major enterprises operating in the worldwide membrane technology market.
The Trentino or also known as province of Trento is an autonomous province located in northern part of Italy. The capital of Trentino is the town of Trento which is also known as Trent in English. Trentino is famous for its mountains which are the parts of Alps. The city Trent is a town which is rooted in history and art. The City Council still maintains its precious monuments as a token for its rich historic and artistic heritage. They are built in elegant Renaissance style. From time to time there has been slight refurbishing works. Below mentioned are few of the artistic structures in this small town.
鈥?Castello Del Buonconsiglio 鈥?It was the residence of Price Bishops for several centuries
鈥?The Duomo- the splendid piazza and a fountain which is dedicated to Neptune
鈥?Council Churches and frescoed houses
鈥?Museums and exhibitions- true landmark of culture, traditions and art.
Visiting Trent
This place has many Hotels and Restaurants offering the visitor a comfortable stay. Also, there are many tour operators who will take around the city and will cover all the must see places. Usually the tour starts from Castello Del Buonconsiglio and then takes its visitors across the city till the piazza Duomo. Along the way it covers Via Manci Zach Randolph Authentic Jersey , Via Belenzani and Via San Marco running past the beautiful palaces and the surrounding network of alleyways, squares and roads. Also, one would discover other historical buildings like Via Suffragio鈥檚 arcades and the ancient battlements and towers.
Visitors could admire the city鈥檚 beauty by just walking around the alleys, enjoy shopping or else visit museums. This city was awarded the title of Alpine city in the year 2004 and also home to many prestigious Universities in the country. Besides Marc Gasol Authentic Jersey , it hosts various cultural events that are planned all throughout the year like Economics Festival which brings researchers and experts from around the world. In December, it hosts one of the best Christmas market in Italy.