Global Nanomembrane Market Projected to Reach USD 950 Million by 2026

17-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “Nanomembrane Market By Product (Polymer, Metal, Hybrid and Others), and By Application (Water Treatment, Chemical manufacturers, Mining, Oil & Gas, Pharmaceutical & Biomedical, and Food & beverages): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Nanomembrane market in 2019 was approximately USD 640 Million. The market is expected to grow above a CAGR of 5.5% and is anticipated to reach over USD 950 Million by 2026.

Nanomembrane is a molecular filter that distinguishes between gases and liquids, hence growing demand in separation applications is expected. Properties such as low maintenance, modular design, low demand for space and cost-efficiency make it suitable for chemicals recycling.

Browse the full “Nanomembrane Market By Product (Polymer, Metal, Hybrid and Others), and By Application (Water Treatment, Chemical manufacturers, Mining, Oil & Gas, Pharmaceutical & Biomedical, and Food & beverages): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/nanomembrane-market-by-product-polymer-metal-hybrid-and-1211

The nanomembrane technology includes working membranes, such as carbon nanotubes and nanofiltration technology, for the food processing industry. The composite nanomembranes are designed to meet the requirements for selective and rapid separation of molecular nickel, gold, biomass and polymers. Nano-membranes are ideally suited for the biodiagnosis and implantation of nanopore biosensors because of their peculiar chemical, magnetic, electrocatalytic, and optical properties.

Technological developments are expected to increase consumer demand for improved nanomembrane over time, in conjunction with increased R&D. The increased demand for drinking water and a decreased supply of fresh water would drive further production of nanomembrane fuel on the market by restricting the disposal of wastewater in urban and industrial areas. Increased demand for amino acid and lipid extract from the blood cells in the pharmaceutical and medical sectors should be catalyzing market growth in the coming years.

In 2019, wastewater treatment was the main technology due to increased sales of desalination nanofiltration membranes, the suppression and disposal of wastewater. Nanosciences used for plasma purification, protein fractionation, antibiotics and desalination and the removal of viruses from plasma products are the fastest growing category of pharmaceutical / biomedical applications.

The pharma and healthcare market was dominated by Polymers segment in 2019, based on application. The category of polymers has specific pores, enabling them to be used in a variety of applications to support development in the demand-based global nanomembrane industry.

North America became the largest geographic market for nanomembranes in 2019, and is projected to expand steadily over the next seven years. Asia-Pacific and European markets are projected to expand dramatically, due to the strong demand for end-use services in these regions. Increasing global industrial growth and the need for enhanced water treatment technologies on the global market are generating growth opportunities for nanomembrane separation technologies.

Report Scope

Some of the leading players in the global market include

GEA Filtration, Koch Membrane Systems Inc., Pall Corporation, Nitto Denko Corporation, Applied Membranes Inc., Dow Chemical Company, Evoqua Water Technologies, Argonide Advanced Water Filtration Systems, Alfa Laval, and Others.

This report segments the Nanomembrane market as follows:

By Product Segmentation Analysis

• Polymer
• Metal
• Hybrid
• Others

By Application Segmentation Analysis

• Water Treatment
• Chemical manufacturers
• Mining
• Oil & Gas
• Pharmaceutical & Biomedical
• Food & beverages

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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