The hollow fiber membrane market is set to register a remunerative business growth period over the forthcoming years. This anticipated revenue growth is slated to come from the market’s expanding application scope from end-user industries such as water & wastewater treatment, biotechnology, food & beverage, and pharmaceuticals & chemicals.

Hollow fiber membranes are utilized inside filtration systems and are made up of thousands of porous, long filaments that range in diameter between 1 and 3.5mm wide. These filaments are potted in their place inside a PVC shell. Every filament is flexible and immensely narrow in diameter. The material can find applications in all kinds of filtration, effectively ranging from reverse osmosis to microfiltration.

Hollow fiber filtration system works on a similar principle as capillary and tubular configurations but uses a small tube diameter that offers more flexibility. Commonplace applications of the hollow fiber membranes include RO pretreatment, MBR, juice processing, Industrial water/wastewater, and biotech applications.

These membranes feature a packing density that is very high owing to the smaller strand diameter. Attributing to the flexibility of these strands, specific filter configurations can be achieved in hollow fiber filtration systems, which cannot be obtained in other types of filtration configurations.

The overall hollow fiber membrane industry landscape is divided into different segments on the basis of membrane material, filtration type, end-user, and regional landscape.

On the basis of filtration type, the segment is further categorized into ultrafiltration, reverse osmosis, and microfiltration. Among these, Microfiltration HFM is slated witness significant growth through the analysis period. This trend can be attributed to their growing consumption in wastewater treatment. This product boasts of the capability to eliminate harmful bacteria, which is attributed to their increasing penetration in the global food & beverage processing sector.

With respect to membrane material, the industry is divided into polymer, and ceramic. Between these two, the ceramic materials segment will bank upon growing consumption in food & beverages industry to bring in its revenue growth.

From an end-user perspective, the market is categorized into food & beverage, water & wastewater treatment, pharmaceuticals & chemicals, biotechnology, and others. Among these, the food & beverages sector will generate revenues of more than $2.5 billion by 2026. Increasing product demand for clarifying concentrating and purifying application in food industry is projected to drive segment penetration.

From a regional reference frame, the Latin America hollow fiber membrane market is currently at its nascent stage and would be growing at momentous pace over forecast timeframe. The region depends upon high amount of import for addressing its domestic consumption owing to inadequate manufacturing facilities along with low penetration of waste treatment facilities.