Frost Radar™: Water and Wastewater Treatment Membrane Solutions, 2025
A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines
22-Apr-2025
Global
Frost Radar
PFTW-01-00-00-00
EN_2025_33453
Climate change and the rapid pace of urbanization and industrialization have significantly increased water stress and affected the equitable availability of fresh water. This has led to the implementation of policies that favor water conservation and the embrace of solutions that enable the circular economy of water. Another aspect is the diversification of water sources, which has driven demand for advanced treatment solutions that can improve resilience and provide consistent water quality regardless of the source.
Membrane-based water and wastewater treatment systems have become essential in the mitigation of water stress. Advanced solutions enable high water recovery and reuse and make water infrastructure more resilient to weather disruptions caused by climate change.
In the last 5 years, start-ups have disrupted the membrane systems industry with pioneering innovations that economically treat complex effluents that otherwise would have required thermal solutions for treatment and disposal. The solutions can enhance water recovery and unlock new growth opportunities through resource recovery.
The water and wastewater treatment membrane solutions market is forecasted to grow from $20.91 billion in 2024 to $27.04 billion by 2028, at a compound annual growth rate of 6.6%. Advanced treatment solutions can help utilities and industries sustainably optimize use of water resources, become water positive, and achieve a circular water economy. Frost & Sullivan independently positioned the top 17 water and wastewater treatment membrane solution providers on this Frost Radar™.
Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™, considering their strengths and the opportunities that best fit those strengths.
Berghof Membranes
Cembrane
Cerafiltec
DuPont
Evove
Kubota
LG Water Solutions LG Chem
Mann+Hummel
Membrion
Memsift Innovations
Metawater
Nanostone Water
Nitto Hydranautics
NX Filtration
Toray
Veolia Water Technologies & Solutions
ZwitterCo
Significance of Being on the Frost RadarTM
CEO’s Growth Team
Investors
Customers
Board of Directors
Next Steps
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
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Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. -
Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. -
Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. -
Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? -
Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
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INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. -
RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. -
PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. -
MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. -
CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
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GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. -
BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. -
COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. -
CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. -
PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
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