Nanofiltration Membranes Market Size, Industry Trends, Share and Report 2023-2028
The latest report by IMARC Group, titled “Nanofiltration Membranes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global nanofiltration membranes market size reached US$ 692 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,174 Million by 2028, exhibiting a growth rate (CAGR) of 9.1% during 2023-2028.
Nanofiltration membranes are advanced filtration technologies that separate dissolved molecules and ions from water or other liquids. They are between porous ultrafiltration (UF) membranes and non-porous reverse osmosis (RO) membranes. These membranes possess pore sizes between 1 to 10 nanometers, making them smaller than microfiltration and ultrafiltration membranes yet larger than reverse osmosis (RO) membranes. In addition, they are made from several materials, such as ceramics, polymers, and metals. Moreover, they are designed to eliminate specific contaminants from water, including dissolved salts, organic molecules, and bacteria, while enabling the passage of water and small particles and retaining larger particles and molecules. Consequently, nanofiltration membranes find widespread application in water treatment procedures such as wastewater treatment, food and beverage (F&B), chemical and petrochemicals, and pharmaceutical and biomedical procedures across the globe.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/nanofiltration-membranes-market/requestsample
Nanofiltration Membranes Market Trends and Drivers:
The market is primarily driven by the significant expansion in the food and beverage (F&B) industry. In addition, the rising demand for nanofiltration membranes in the F&B sector for several applications such as purification, concentration, and separation to eliminate impurities from liquids and to concentrate or separate specific components without degrading the products is contributing to market growth. Moreover, the widespread adoption of nanofiltration membranes in industrial wastewater treatment, water reuse, color removal, desalination, and drinking water purification represents another major growth-inducing factor. Besides this, the increasing product demand for removing contaminants such as viruses, dissolved ions, and bacteria for clean and safe drinking water due to the increasing population and growing health awareness are accelerating the product adoption rate. Along with this, the growing product application in the pharmaceutical industry to purify active pharmaceutical ingredients (APIs) during the production process and the separation of impurities, including salts, organic compounds, and by-products from the desired pharmaceutical compounds, are propelling the market growth. Apart from this, nanofiltration membranes market is growing at different rates in numerous regions, with North America being the largest market due to increasing wastewater treatment demand, environmental regulations and sustainability, and growing product applications in numerous industries across the region. Moreover, the industry is expected to face competition in the upcoming years as numerous key players are implementing competitive strategies to sustain their presence in the market. For instance, in March 2017, Koch Membrane Systems Inc. introduced Causti-COR nanofiltration systems to purify and recover caustic reuse in food & beverage (F&B) and industrial applications. Furthermore, nanofiltration membranes offer several advantages, such as energy efficiency, minimized operating costs, and low operating pressures, resulting in low energy consumption, which is also providing a positive thrust to market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Type Insights:
- Polymeric
- Inorganic
- Hybrid
Membrane Type Insights:
- Tubular Membrane
- Flat Sheet Membrane
- Spiral-Wound Membrane
- Hollow-Fiber Membrane
Application Insights:
- Water and Wastewater Treatment
- Food and Beverages
- Chemical and Petrochemicals
- Pharmaceutical and Biomedical
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Alfa Laval AB
- Applied Membranes Inc.
- DuPont de Nemours Inc.
- GEA Group Aktiengesellschaft
- Koch Separation Solutions (Koch Engineered Solutions)
- Nitto Denko Corporation
- NX Filtration BV
- Osmotech Membranes Pvt. Ltd.
- Paul Rauschert GmbH & Co. KG
- SPX FLOW Inc.
- Synder Filtration Inc.
- Toray Industries Inc.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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