The global nanoporous membranes market reached a value of US$ 763.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,184.50 Million by 2027 exhibiting a CAGR of 7.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Nanoporous membranes consist of pores with diameters in the range of nanometers and sub nanometers that can separate liquid or gaseous mixtures. They are widely available in organic, inorganic, and hybrid variants. They are rapidly replacing the traditional water treatment technologies due to their low energy consumption, high efficiency, cost-effectiveness, operation at room temperature, and simple process. Nanoporous membranes also find extensive applications in electrocatalysis, nanodevice fabrication, energy, environmental science, and analytical science. Nowadays, researchers are focusing on developing specialized nanoporous adsorbent products for use in the electronics manufacturing and biomedical sectors, which is escalating their demand across the globe.
Nanoporous Membranes Market Trends:
Nanoporous membranes exhibit excellent performance for water purification and aids in filtering numerous pollutants, such as salts, microbes, organic molecules, and metallic ions. As a result, the rising need to treat wastewater containing minute contaminants due to the shortage of freshwater sources represents the primary factor driving the market growth. Additionally, the governing agencies of various countries are implementing stringent regulations regarding wastewater treatment on industries utilizing water in massive volumes. Along with this, the increasing number of water treatment plants and rising water salination activities are accelerating product adoption rates. Besides this, the emerging biomedical applications of nanoporous membranes in drug delivery, single molecular analysis, immunoisolation, biosensing, and separation and sorting of biomolecules are propelling the market growth. Furthermore, the leading market players are making heavy investments in research and development (R&D) activities to introduce innovative product variants and gain a competitive edge. Other factors, including the rising product usage in the food processing industry, growing inclination toward biological water treatment technologies, and technological advancements, are also creating a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global nanoporous membranes market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on material type, fabrication method and application.
Breakup by Material Type:
Organic
Inorganic
Hybrid
Breakup by Fabrication Method:
Phase Inversion
Interfacial Polymerization
Track-etching
Electrospinning
Breakup by Application:
Water Treatment
Fuel Cells
Biomedical
Food Processing
Others
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:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alfa Laval AB, Applied Membranes Inc., AXEON Water Technologies, DuPont de Nemours Inc., Hunan Keensen Technology Co. Ltd., inopor GmbH (Rauschert GmbH), InRedox LLC, Koch Separation Solutions (Koch Industries Inc.), Nitto Denko Corporation, Osmotech Membranes Pvt. Ltd., SiMPore Inc. and SmartMembranes GmbH. Key Questions Answered in This Report:
How has the global nanoporous membranes market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global nanoporous membranes market?
What are the key regional markets?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the fabrication method?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global nanoporous membranes market and who are the key players?
What is the degree of competition in the industry?