Vipul Organics Launches Membrane Sales, Aiming for 25% Revenue Share
Vipul Organics unit begins membrane sales, targets 25% revenue share
Business StandardImage: Business Standard
Vipul Organics Ltd has initiated commercial sales of membranes through its unit AdiMem Technologies, targeting a 25% revenue share from this segment within three years. The membranes, developed using proprietary technology, will cater to India's growing filtration market, projected to reach $6.33 billion by 2033.
- 01Vipul Organics aims for membranes to constitute 25% of its revenue in three years.
- 02AdiMem Technologies has begun sales of Reverse Osmosis and Ultrafiltration membranes.
- 03India's filtration market is expected to grow to $6.33 billion by 2033.
- 04The membrane technology market is expanding at an 11.52% annual growth rate.
- 05Vipul Organics emphasizes sustainability with a focus on water recovery.
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Vipul Organics Ltd, a specialty chemicals manufacturer, has launched commercial sales of membranes through its unit, AdiMem Technologies, at its facility in Sayakha, Gujarat. The company aims for membranes and membrane-based solutions to contribute 25% of its total revenue within three years. The membranes include Reverse Osmosis (RO) and Ultrafiltration (UF) technologies, designed to support India's filtration market, which is projected to reach $6.33 billion by 2033. AdiMem's offerings will also include end-to-end effluent and sewage treatment plants, catering to various industrial sectors such as chemicals and pharmaceuticals. The membrane separation technology market is growing at an 11.52% compound annual growth rate, driven by initiatives like Zero Liquid Discharge and the Namami Gange programme. Vipul Organics is committed to sustainability, with its membranes enabling up to 90% water recovery and a focus on recycling 98% of its effluent.
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The launch of membrane sales by Vipul Organics could enhance water treatment capabilities in India, benefiting industries reliant on efficient filtration solutions.
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