The global Nanofiltration Membrane Market was worth USD 861.3 million in 2021 and is expected to be worth USD 2.6 billion by 2030, increasing at a 6.2% CAGR from 2023 to 2030.
Nanofiltration is the recent development in the membrane filtration process for surface water filtration and fresh groundwater filtration process. This type of filtration helps in water softening and removal of disinfection from water. The global Nanofiltration Membrane market is expected to rise at a considerable rate in the forthcoming years owing to its applications in several end-use industries such as chemicals, oil & gas, petroleum, personal care, and pharmaceuticals & medical.
Nanofiltration membranes offer many advantages over traditional membranes. A crucial advantage of these membranes is during the process of retaining calcium and magnesium ions in water softening application, as used in ion-exchangers. Further, another major advantage of nanofiltration membranes is performing gentle molecular separation. These properties make the nano-filtration membrane suitable for the water-treatment and pharmaceutical sectors. Thus, the upsurge in demand for potable water and strict government regulations related to water pollution are major factors for the increase in demand for nanotechnology membranes. Eventually, it boosts the growth of the Nanofilteration Membrane market.
On the contrary, a major disadvantage of nanofiltration technology is the high cost and maintenance of the membranes. This factor may restrain the growth of the market. In addition, repairs and replacement of these membranes are dependent on total dissolved solids, flow rate, and components of the feed.
Covid-19 Impact on Nanofiltration Membrane Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Nanofiltration Membrane Market Segment Overview
Based on the end-User, the Water Treatment segment holds largest share of the Nanofiltration Membrane market. Further, the Pharmaceuticals & Medical segment is estimated to expand at notable CAGR in the forecast period. This is mainly due to the expansion of the biopharmaceutical sector. Nanofiltration membranes are extensively employed across the dairy industry for demineralization and lactose concentration. Increasing demand for dairy products in developing countries is estimated to boost the nanofiltration membrane market in the Asia Pacific and Latin America.
Nanofiltration Membrane Market, By Type
· Polymeric
· Inorganic
· Hybrid
Nanofiltration Membrane Market, By End-User
· Water Treatment
· Food & Beverage
· Chemicals
· Petrochemicals
· Pharmaceuticals & Medical
· Others
Nanofiltration Membrane Market Regional Overview
In terms of region, North America and Europe dominate the global Nanofiltration Membrane market. This is because of the presence of advanced technologies and continued research & development activities in the field of nano-technology in these regions. Similarly, the nanofiltration membrane market in the Asia Pacific is estimated to grow at a notable rate during the forecast period due to the significant development of the chemical industry in countries such as China, India, Malaysia, South Korea, and Japan. Additionally, Latin America is projected to offer high growth opportunities for the market, owing to the substantial expansion of the pharmaceutical & medical industry in the region. Middle East & Africa also holds a significant share of the market. Purification of gas condensates is a key application sector of nanofiltration membranes in the region.
Nanofiltration Membrane Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Nanofiltration Membrane Market, Key Players
· Hydranautics - A Nitto Group Company
· Synder Filtration, Inc.
· Koch Membrane Systems Inc.
· Argonide Advanced Water Filtration Systems
· The Dow Chemical Company
· Pall Corporation
· Applied Membranes Inc.
· GEA Group Aktiengesellschaft
· TORAY INDUSTRIES, INC.
· ALFA LAVAL
· inopor
· Hyflux Ltd
· MICRODYN-NADIR
· NITTO DENKO CORPORATION
· SPX FLOW
· Siemens
· Merck kGaA
· Culligan.
· Danaher
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Nanofiltration Membrane Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Polymeric
- 5.2.2. Inorganic
- 5.2.3. Hybrid
- 5.3. Market Analysis, Insights and Forecast – By End-User
- 5.3.1. Water Treatment
- 5.3.2. Food & Beverage
- 5.3.3. Chemicals
- 5.3.4. Petrochemicals
- 5.3.5. Pharmaceuticals & Medical
- 5.3.6. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Nanofiltration Membrane Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Polymeric
- 6.2.2. Inorganic
- 6.2.3. Hybrid
- 6.3. Market Analysis, Insights and Forecast – By End-User
- 6.3.1. Water Treatment
- 6.3.2. Food & Beverage
- 6.3.3. Chemicals
- 6.3.4. Petrochemicals
- 6.3.5. Pharmaceuticals & Medical
- 6.3.6. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Nanofiltration Membrane Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Polymeric
- 7.2.2. Inorganic
- 7.2.3. Hybrid
- 7.3. Market Analysis, Insights and Forecast – By End-User
- 7.3.1. Water Treatment
- 7.3.2. Food & Beverage
- 7.3.3. Chemicals
- 7.3.4. Petrochemicals
- 7.3.5. Pharmaceuticals & Medical
- 7.3.6. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Nanofiltration Membrane Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Polymeric
- 8.2.2. Inorganic
- 8.2.3. Hybrid
- 8.3. Market Analysis, Insights and Forecast – By End-User
- 8.3.1. Water Treatment
- 8.3.2. Food & Beverage
- 8.3.3. Chemicals
- 8.3.4. Petrochemicals
- 8.3.5. Pharmaceuticals & Medical
- 8.3.6. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Nanofiltration Membrane Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Polymeric
- 9.2.2. Inorganic
- 9.2.3. Hybrid
- 9.3. Market Analysis, Insights and Forecast – By End-User
- 9.3.1. Water Treatment
- 9.3.2. Food & Beverage
- 9.3.3. Chemicals
- 9.3.4. Petrochemicals
- 9.3.5. Pharmaceuticals & Medical
- 9.3.6. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2021
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Hydranautics - A Nitto Group Company
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Synder Filtration, Inc.
- 10.6. Koch Membrane Systems Inc.
- 10.7. Argonide Advanced Water Filtration Systems
- 10.8. The Dow Chemical Company
- 10.9. Pall Corporation
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
