The global RO membrane market size is estimated to be USD 2.6 billion in 2019 and is projected to reach USD 5.2 billion by 2024, at a CAGR of 11.7% from 2024. A detailed analysis of key industry players was conducted to provide insights into their business overviews, services, and key strategies, associated with the RO membrane market. The desalination systems segment is estimated to lead the RO membrane market in terms of value in 2019. Thin film composite membrane is projected to be the fastest-growing segment of the RO membrane market, in terms of value, between 2019 and 2024. The thin film composite membrane segment accounted for the largest share of the RO membrane market in 2018, and it is estimated to be the fastest-growing material type segment.

Source: The North Africa Journal February 12, 2020 13:18 UTC