Membrane separation technology is a technology which is used to decrease the volume of an aqueous waste stream and also recovers water from waste stream through separation process. It is used to separate materials via pores in the molecular arrangement of a continuous structure. This technology is widely used for commercial and industrial purposes. There are several advantages of using membrane separation technology, including separation of components at a lower temperature and less energy consumption. This technology provides cost effective as well as energy efficient solutions in various applications such as water & waste water treatment, medical & pharmaceutical, food & beverage, and others. Certain properties of membranes separation technology such as durability, porosity, permeability, stability, and selectivity make them an indispensable element in various industrial applications. Membrane separation technology includes the market for overall membranes, modules which include pumps, filters, and pipeline networks. 1. Micromarkets are defined as the subsegments of the global membrane separation technology market included in the report. 2. Core competencies of the companies are captured in terms of their key developments, SWOT analysis, and key strategies adopted by them to sustain their position in the market.