Membrane Technology market is projected to reach USD +11.94 Billion by 2021 at a CAGR of +10.2%. The base year considered for the study is 2015 while the forecast period is from 2016 to 2021. Membranes are materials that act as selective barriers, allowing the passage of certain constituents while retaining the others. They are mainly termed as filtration elements and are widely used in commercial and industrial applications. Certain properties of membranes, such as durability, porosity, permeability, stability, and selectivity make them indispensable elements in various industrial applications. Moreover, the report also includes a SWOT analysis that determines the strengths, weaknesses, opportunities, and threats impacting the segments of the overall market.