According to a market report by Lucintel, the future of the forward osmosis market looks promising with opportunities in the fertigation, emergency water supply, highly saline wastes, and direct wastewater treatment applications. The global forward osmosis market is expected to reach an estimated $1,264.2 million by 2028 with a CAGR of 9.5% from 2023 to 2028. The major drivers for this market are increasing water scarcity and the need for sustainable water treatment solutions, growing demand for wastewater treatment, and rising regulatory pressure to decrease water pollution across the globe.
In this market, cellulose acetate, polysulfone, polybenzimidazole are the major membrane material segments. Lucintel forecasts that cellulose acetate will remain the largest membrane material segment over the forecast period owing to its benefits, like good mechanical strength and easy availability of its membrane components.
Within this market, fertigation is expected to remain the largest application segment due to the increasing problem of water scarcity and growing initiatives taken governments in the form of subsidies for optimum use of water resources in agriculture and promoting adoption of fertigation across the globe.
North America will remain the largest region due to the growing awareness towards waste water management and increasing demand for clean purified water across the region.
Acciona SA, Biwater, Cadagua, Degremont, General Electric Company, Genesis Water Technologies, Hyflux, IDE Technologies, and Koch Membrane System are the major suppliers in the global forward osmosis market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global forward osmosis market by membrane material, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Forward Osmosis Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global forward osmosis market by membrane materials, application, and region, as follows:
Forward Osmosis Market by Membrane Materials [Value ($M) Shipment Analysis from 2017 to 2028]:
Cellulose Acetate
Polysulfone
Polybenzimidazole
Others
Forward Osmosis Market by Application [Value ($M) Shipment Analysis from 2017 to 2028]:
Fertigation
Emergency Water Supply
Highly Saline Wastes
Direct Wastewater Treatment
Others
Forward Osmosis Market by Region [Value ($M) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.
About Lucintel
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global forward osmosis market by membrane materials (cellulose acetate, polysulfone, polybenzimidazole, and other), application (fertigation, emergency water supply, highly saline wastes, direct wastewater treatment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?