South Korea Membrane Filters Market Growth 2021 to 2031
The South Korea membrane filters market size is projected to reach US$ 186.20 million by 2031 from US$ 70.15 million in 2023. The market is expected to register a CAGR of 13.0% during 2023–2031. Technological advancements in membrane filtration are likely to bring new trends in the market during the forecast period.
South Korea Membrane Filters Market Analysis
Increasing demand for advanced filtration technologies across various industries, including pharmaceuticals, contributes to the market growth. In addition, rising concerns over water quality and the need for efficient filtration systems to meet stringent regulatory standards are major factors fueling the market growth. Additionally, the booming pharmaceutical and biopharmaceutical sectors in South Korea require high-quality membrane filters for processes such as drug manufacturing, biotechnology research, and sterile filtration. Technological advancements in membrane materials and the growing focus on sustainable filtration solutions further support the market expansion in South Korea.
South Korea Membrane Filters Market Overview
Membrane filtration plays a vital role in sterilization, separation, and purification processes, ensuring high standards of quality and safety. Advancements in filtration technologies and increasing demand across various industries are contributing to the market expansion. In pharmaceuticals and biotechnology industries, membrane filters are essential for sterile filtration, drug production, and bioprocessing, which help maintain product integrity. Additionally, the growing emphasis on water quality and sustainability is boosting the demand for filtration systems in water and wastewater treatment. Technological advancements in durable, high-performance membrane materials are enhancing efficiency, which is likely to create opportunities for the market players in the coming years. As regulatory standards become stricter, the need for reliable and efficient filtration solutions will continue to drive the growth of the membrane filters market in the country.
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South Korea Membrane Filters Market: Strategic Insights
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We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
South Korea Membrane Filters Market: Strategic Insights
Mrinal
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Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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South Korea Membrane Filters Market Drivers and Opportunities
Increasing Demand for Sterile and Contaminant-Free Products
The growing demand for sterile and contaminant-free products in pharmaceutical and biotechnology industries drives the South Korea membrane filters market. In South Korea, the biopharmaceutical sector is increasingly adopting stringent quality control standards and a strict regulatory framework established by the Ministry of Food and Drug Safety (MFDS) for the production of biologics, vaccines, and sterile injectable drugs, which elevates the need for advanced filtration technologies. As the primary regulatory authority for pharmaceuticals, biologics, and medical devices in the country, the MFDS enforces regulations that align with international standards. This ensures that products adhere to stringent quality control measures, guaranteeing their safety, efficacy, and sterility. As South Korea leads in vaccine production and gene therapy development, membrane filtration plays a vital role in ensuring the quality and safety of these high-value therapies. For instance, during the production of COVID-19 vaccines, sterile filtration technologies were employed to eliminate impurities and maintain the integrity of the vaccine.
Growth of Pharmaceutical and Biopharmaceutical Industries
The rapid growth of the pharmaceutical and biopharmaceutical sectors is expected to create significant opportunities for the South Korea membrane filters market during the forecast period. According to the Observatory of Economic Complexity (OEC), South Korea exported US$ 8.78 billion in pharmaceutical products in 2022, making it the 20th largest exporter of such products in the world. Furthermore, in the same year, pharmaceutical products ranked as the 12th most exported product from South Korea. Additionally, between September 2023 and September 2024, exports of South Korea's pharmaceutical products increased by US$ 148 million (27.4%), rising from US$ 539 million to US$ 687 million. This expansion is driven by increasing demand for biologics, vaccines, and high-quality pharmaceutical products, all of which require advanced filtration technologies for production and purification processes.
Membrane filters play a crucial role in ensuring the sterility and purity of biologics and vaccines. These filters are used in critical stages such as the filtration of cell cultures, virus removal, and sterilization of injectable drugs. Leading biopharmaceutical companies such as Samsung Biologics and Celltrion are at the forefront of this expansion, necessitating the adoption of advanced membrane filtration solutions to meet stringent regulatory standards and maintain product quality. For instance, according to Invest KOREA, South Korea is enhancing its reputation as a global biopharmaceutical production hub. In 2022, Samsung Biologics produced 424,000 liters, achieving the world's largest consignment production capacity, and plans to increase this capacity by an additional 360,000 liters by 2026.
South Korea Membrane Filters Market Report Segmentation Analysis
The key segments that contributed to the derivation of the South Korea membrane filters market analysis are technology, design, material, and end users.
- Based on technology, the South Korea membrane filters market is segmented into microfiltration, reverse osmosis, ultrafiltration, membrane chromatography, nanofiltration, and others. The reverse osmosis segment held the largest share of the market in 2023.
- Based on design, the market is categorized into tubular systems, spiral wound, plate and frame, and hollow fiber. The spiral wound segment held the largest share of the market in 2023.
- By material, the South Korea membrane filters market is segmented into polyethersulphone, cellulose-based, polysulfone, polytetrafluoroethylene, polyvinyl chloride, polyacrylonitrile, and others. The polyethersulfone segment dominated the market in 2023.
- Based on end users, the membrane filters market is segmented into healthcare facilities, pharmaceutical and biotechnology industries, and others. The pharmaceutical and biotechnology industries segment dominated the market in 2023.
South Korea Membrane Filters Market Share Analysis by Country
The expansion of the pharmaceutical and biopharmaceutical sectors in South Korea drives the market. In April 2024, Wood, a global leader in consulting and engineering, collaborated with Celltrion, a prominent biopharmaceutical company, to expand its biopharma manufacturing hub in Songdo, Incheon, South Korea. As part of this contract, Wood will deliver a detailed engineering design for a new facility to enhance the manufacturing capacity of biological medicines by 8 million liquid vials per year. This expansion project aims to meet the growing demand for biopharmaceutical drug products. By supporting Celltrion in expanding its product pipeline and securing manufacturing capacity, Wood’s advanced process engineering design capabilities will help improve production efficiency and minimize downtime when transitioning equipment between different products. This will ultimately lead to operational cost savings for the facility.
South Korea Membrane Filters Market Report Scope
South Korea Membrane Filters Market Report Coverage and Deliverables
The “South Korea Membrane Filters Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- South Korea membrane filters market size and forecast at regional and country levels for all the key market segments covered under the scope
- South Korea membrane filters market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- South Korea membrane filters market analysis covering key market trends, regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the South Korea membrane filters market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The South Korea membrane filters market is estimated to register a CAGR of 13.0% from 2023 to 2031.
The value of the South Korea membrane filters market is estimated to reach US$ 186.20 million by 2031.
Danaher, VEOLIA, 3M Healthcare, PENTAIR, TORAY, KOCH SEPARATION SOLUTIONS, Merck KGaA, Sartorius AG, Thermo Fisher Scientific, Inc., and Repligen are among the key market players in the South Korea membrane filters market.
The increasing demand for sterile and contaminant-free products and rising prevalence of chronic diseases are the most influential factors responsible for the market growth.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. South Korea Membrane Filters Market Landscape
4.1 Overview
4.2 PEST Analysis
5. South Korea Membrane Filters Market – Key Market Dynamics
5.1 South Korea Membrane Filters Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Increasing Demand for Sterile and Contaminant-Free Products
5.2.2 Rising Prevalence of Chronic Diseases
5.3 Market Restraints
5.3.1 High Initial Costs of Advanced Membrane Filtration Systems
5.4 Market Opportunities
5.4.1 Growth of Pharmaceutical and Biopharmaceutical Industries
5.5 Future Trends
5.5.1 Technological Advancements in Membrane Filtration
5.6 Impact of Drivers and Restraints:
6. South Korea Membrane Filters Market Analysis
6.1 South Korea Membrane Filters Market Revenue (US$ Million), 2021–2031
6.2 South Korea Membrane Filters Market Forecast and Analysis
7. South Korea Membrane Filters Market Analysis – by Technology
7.1 Reverse Osmosis
7.1.1 Overview
7.1.2 Reverse Osmosis: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Microfiltration
7.2.1 Overview
7.2.2 Microfiltration: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Ultrafiltration
7.3.1 Overview
7.3.2 Ultrafiltration: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Membrane Chromatography
7.4.1 Overview
7.4.2 Membrane Chromatography: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
7.5 Nanofiltration
7.5.1 Overview
7.5.2 Nanofiltration: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
8. South Korea Membrane Filters Market Analysis – by Design
8.1 Spiral Wound
8.1.1 Overview
8.1.2 Spiral Wound: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Tubular Systems
8.2.1 Overview
8.2.2 Tubular Systems: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Hollow Fiber
8.3.1 Overview
8.3.2 Hollow Fiber: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Plate and Frame
8.4.1 Overview
8.4.2 Plate and Frame: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
9. South Korea Membrane Filters Market Analysis – by Material
9.1 Polyethersulfone
9.1.1 Overview
9.1.2 Polyethersulfone: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Polysulfone
9.2.1 Overview
9.2.2 Polysulfone: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Cellulose-Based
9.3.1 Overview
9.3.2 Cellulose-Based: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Polytetrafluoroethylene
9.4.1 Overview
9.4.2 Polytetrafluoroethylene: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
9.5 Polyvinyl Chloride
9.5.1 Overview
9.5.2 Polyvinyl Chloride: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
9.6 Polyacrylonitrile
9.6.1 Overview
9.6.2 Polyacrylonitrile: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
10. South Korea Membrane Filters Market Analysis – by End User
10.1 Pharmaceutical and Biotechnology Industries
10.1.1 Overview
10.1.2 Pharmaceutical and Biotechnology Industries: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
10.2 Healthcare Facilities
10.2.1 Overview
10.2.2 Healthcare Facilities: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
10.3 Others
10.3.1 Overview
10.3.2 Others: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
List of Tables
Table 1. South Korea Membrane Filters Market Segmentation
Table 2. South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Table 3. South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million) – by Technology
Table 4. South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million) – by Design
Table 5. South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 6. South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 7. Glossary of Terms, South Korea Membrane Filters Market
List of Figures
Figure 1. South Korea Membrane Filters Market Segmentation, by Country
Figure 2. PEST Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South Korea Membrane Filters Market Revenue (US$ Million), 2021–2031
Figure 5. South Korea Membrane Filters Market Share (%) – by Technology, 2023 and 2031
Figure 6. Reverse Osmosis: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 7. Microfiltration: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Ultrafiltration: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Membrane Chromatography: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Nanofiltration: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Others: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. South Korea Membrane Filters Market Share (%) – by Design, 2023 and 2031
Figure 13. Spiral Wound: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Tubular Systems: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Hollow Fiber: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Plate and Frame: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. South Korea Membrane Filters Market Share (%) – by Material, 2023 and 2031
Figure 18. Polyethersulfone: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Polysulfone: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Cellulose-Based: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Polytetrafluoroethylene: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Polyvinyl Chloride: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Polyacrylonitrile: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Others: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 25. South Korea Membrane Filters Market Share (%) – by End User, 2023 and 2031
Figure 26. Pharmaceutical and Biotechnology Industries: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 27. Healthcare Facilities: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
Figure 28. Others: South Korea Membrane Filters Market – Revenue and Forecast to 2031 (US$ Million)
The List of Companies - South Korea Membrane Filters Market
- Danaher
- VEOLIA
- 3M Healthcare
- PENTAIR
- TORAY
- KOCH SEPARATION SOLUTIONS
- Merck KGaA
- Sartorius AG
- Thermo Fisher Scientific, Inc.
- Repligen.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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