The global bipolar membranes market is exhaustively analyzed in a new report released by QY Research, titled “Global Bipolar Membranes Market Report, History and Forecast 2014-2025.” According to the research study, the global market is expected to touch a value of US$410 Mn by the end of 2025, rising at a healthy CAGR of 15.6% during the forecast period 2019-2025. In 2018, the global market size in terms of revenue was US$150 Mn. The report is a compilation of thorough research studies, where each one sheds light on different aspects of the global market such as competition, cost structure, pricing, segmentation, and key strategies of leading companies.
Global Bipolar Membranes Market: Drivers and Restraints
The demand for acids and bases is foretold to increase the requirement of bipolar membranes. Bipolar membranes can be used to produce acids and bases from their salts with the help of anion and cation exchange membranes. The two distinct layers that make up bipolar membranes are selective to ions of opposite charges. Such characteristics enable bipolar membranes to electrically separate water into hydroxyl and hydrogen ions. These applications are anticipated to help with the growth of the global bipolar membranes market in the coming years.
Environmental and other benefits of electrodialysis with bipolar membranes (EDBM) are expected to create opportunities in the global bipolar membranes market. When coupled with other technologies, EDBM’s technological compatibility can open up new functions such as absorption, extraction, and ion exchange. However, availability of less operational experience, ineffective research investment, expensive membrane cost, and low popularity in terms of its contribution to industrial ecology are prophesied to hamper the development of EDBM. Nonetheless, EDBM has applications in the biochemical industry, food processing, and chemistry.
Global Bipolar Membranes Market: Segmentation
The global bipolar membranes market is segmented on the basis of application and product type. The authors of the report have researched about four application segments of the global market, viz. water treatment, energy, chlor-alkali processing, and others. According to the report, the increasing demand for chlor-alkali processing is anticipated to strongly drive the global market. Furthermore, this application secures a significant share of the global market in terms of downstream consumption.
By product type, the global market is segmented into heterogeneous bipolar membranes and homogeneous bipolar membranes.
Global Bipolar Membranes Market: Regions
The analysts have offered a deep regional study on important markets, viz. Asia Pacific, North America, the MEA, South America, and Europe. They have also brought to light the growth rate, market share, sales, and revenue of different country-level markets such as China, the US, Japan, Brazil, the UK, Russia, and Canada.
Global Bipolar Membranes Market: Key Players
The report says the global bipolar membranes market shows a high concentration of players. Japan, China, Europe, and the US are foretold to witness high concentration of manufacturers in their regional markets. Tingrun, Liaoning Yichen, ASTOM, SUEZ, and Asahi Kasei are some of the major players concentrated in the aforementioned regional markets. On the basis of production market share, Asahi Kasei is considered a world leader in the industry.
Full Report Overview@ https://www.qyresearch.com/index/detail/1076673/global-bipolar-membranes-market