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10/15/2010

Cross-Flow Membrane Market to Reach $10 Bil. In 2015

The world market for cross-flow membranes and equipment will grow 31 percent from 2010 to over $10 billion in annual revenues in 2015, according to a study by McIlvaine Company. East Asia is expected to have the largest growth rate and will be the largest regional buyer.


Growth in East Asia is expected to be spurred by expansion of the semiconductor industry, the need to desalinate seawater, growing power plant ultrapure water requirements, and the incorporation of cross-flow filtration in the upscale commercial and residential buildings. Another growth segment is to purify municipal and industrial wastewater for reuse.

Growth in the Middle East will be primarily for seawater desalination. Meanwhile, the European and NAFTA countries will be the leading purchasers of cross-flow membranes for pharmaceutical and biotechnology applications.

The resurgent nuclear power industry also offers attractive opportunities for suppliers of cross-flow membranes and equipment. Gas shale and other unconventional oil and gas extraction are also expanding markets.

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