Hydrophobic membranes segment is estimated to lead PTFE membranes market
The global PTFE membranes market size is estimated at USD 1.8 billion in 2020 and is projected to reach USD 2.4 billion by 2025, at a CAGR of 6.0. The demand for PTFE membranes is increasing, owing to the growing growing oil & gas and chemical industries and stringent regulations pertaining to emission and treatment of municipal and industrial wastes.
Based on application, the industrial...
Membranes Market Witnesses Rapid Growth with Rising Applications
First commercialized in 1960, membrane technology has been used for mechanical separation of various gaseous and liquid substances. From applications like kidney dialysis to water filtration, this technology is being used across different industrial verticals. Versatile applications are one of the key features of this technology, which is witnessing technological advancements since the recent past....