CHICAGO, May 24, 2024 /PRNewswire/ -- The
report "PFAS Filtration Market by
Technology (Water Treatment Systems, Water Treatment Chemicals),
Place of Treatment (In-Situ, Ex-Situ), Remediation Technology,
Environmental Medium, Contaminant Type, and Region - Global
Forecast to 2029", is projected to reach USD 2.8. billion by 2029, at a CAGR of 7.1% from
USD 2.0 billion in 2024.
The PFAS filtration market is driven by several factors,
including technological advancements, shifting consumer behaviors,
favorable economic conditions, expanding applications in various
industries, and growing demand. The increasing use of PFAS
filtration in various end-use industries, such as chemical, oil
& gas, semiconductor is a significant driver for market
growth.
Browse in-depth TOC on "PFAS Filtration Market"
210 – Tables
78 – Figures
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"RO membrane and nanofiltration is projected to be the
fastest growing remediation technology type of PFAS filtration, in
terms of value, during the forecast period."
Nanofiltration (NF) and Reverse Osmosis (RO) membranes are
pivotal in the remediation of PFAS (per- and polyfluoroalkyl
substances) from water sources. NF membranes operate on the
principle of size exclusion and charge interactions, effectively
removing PFAS based on their molecular size and charge
characteristics. This technology is particularly adept at treating
water with lower PFAS concentrations and offers advantages such as
lower energy consumption and selective removal of divalent ions. In
contrast, RO membranes utilize high pressure to force water through
a semipermeable membrane with very small pores, achieving
exceptional removal efficiencies for PFAS, often exceeding 99%.
However, RO systems require significant energy inputs due to the
pressure needed to overcome osmotic forces. Both NF and RO
technologies are critical in addressing PFAS contamination,
providing robust solutions for ensuring water quality and meeting
regulatory standards in various industrial and municipal
applications.
"Industrial PFAS treatment is the fastest growing end-use
industry of the PFAS filtration, in terms of value."
The treatment of per- and polyfluoroalkyl substances
(PFAS) in industrial wastewater is essential across diverse sectors
such as chemical manufacturing, oil and gas extraction,
pharmaceutical production, and mining operations. These industries
encounter PFAS contamination from various sources, including
manufacturing processes, product formulations, and equipment
maintenance. To mitigate environmental impact and adhere to
regulatory standards, industrial facilities employ advanced
treatment technologies. Common methods include activated carbon
filtration, which effectively adsorbs PFAS compounds from water,
and ion exchange resins that swap PFAS ions for less harmful
substances. Additionally, membrane filtration and advanced
oxidation processes (AOPs) like UV oxidation or ozonation are
utilized to degrade or separate PFAS molecules.
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"North America captures the
largest share in the PFAS filtration market during the forecast
period, in terms of value."
North America's dominant
position in PFAS filtration stems from several key factors. The
region hosts a substantial number of industries historically
reliant on PFAS, such as chemical manufacturing, electronics, and
aerospace, which generate significant volumes of contaminated
wastewater. Stringent environmental regulations in countries like
the United States and Canada impose strict limits on PFAS discharge,
compelling industries to invest in advanced filtration technologies
to achieve compliance. Moreover, North
America boasts a robust market for environmental
technologies, fostering continuous innovation in PFAS filtration
methods. This combination of industrial demand, regulatory
pressure, and technological advancement ensures that North America remains a leader in addressing
PFAS contamination, striving to safeguard water quality and public
health effectively.
Key Players
Acquisitions, new product launches and partnership are the major
growth strategies adopted by the key players in the market. The key
global players in the PFAS filtration market include Veolia (France), AECOM (US), WSP (Canada), Clean Earth (US), Wood (UK), Xylem
(US), Jacobs (US), TRC Companies, Inc. (US), Battelle Memorial
Institute (US), Cyclopure, Inc. (US)
Browse Adjacent Market: Membranes Market Research
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