Nanomembrane Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[175+ Pages Report] According to the report published by Facts Factors, the global nanomembrane market size was worth around USD 640 million in 2019 and is predicted to grow to around USD 950 million by 2026 with a compound annual growth rate (CAGR) of roughly 5.5% between 2020 and 2026. The report analyzes the global nanomembrane market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the nanomembrane market.

The nanomembrane market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Nanomembrane market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• According to the primary CXOs of the global Nanomembrane market, the market is estimated to witness a substantial growth of nearly 5.5% over the forecast period.
• The market was valued at USD 640 million, in 2019 and is expected to be valued at over USD 950 million.
• On the basis of the product segment, Polymer dominated the global Nanomembrane market in 2019. In terms of revenue, it accounted for more than a 52% share of the total market in 2019.
• Asia Pacific market is expected to be the fastest goring region for Nanomembrane over the forecast period owing to growing investments for R&D and pharmaceutical companies in the region.
• By geography, the North American region headed the market with a share of above 31%, in 2019.

Key Recommendations from Analysts

• The higher prevalence of water treatment,  technological advances, high unmet medical needs, and government initiatives are major factors that are expected to drive the development in the near future.
• The strategic developments such as regional expansion, product innovations, and on-going research and developments by the major companies such as GEA Filtration, Koch Membrane Systems Inc., Pall Corporation, etc. are likely to boom the market’s growth over the upcoming years.
• Our analysts recommend that the Asia Pacific region is predicted to witness significant growth attributed to the growing demand for Nanomembranes from China and India.   
• Expansion of pharmaceutical companies especially in emerging markets is anticipated to fuel the demand for Nanomembranes in developing regions over the forthcoming years.
• Strengthening the distribution channel and growing availability of bipolar disorder drugs online may also help the major player to cater to the lucrative growth of the market over the years to come.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Nanomembrane industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Nanomembrane industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Nanomembrane market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Nanomembrane industry. The Nanomembrane market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Nanomembrane sector. Key strategic developments in the Nanomembrane market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Nanomembrane market are appropriately highlighted in the report.

Report Scope

The Nanomembrane market research report delivers an acute valuation and taxonomy of the Nanomembrane industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Nanomembrane industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Nanomembrane industry is provided for the leading economies of the world.

Nanomembrane is a molecular filter that distinguishes a gas from liquids and is therefore expected to increase demand for separations. Elements such as low maintenance, modular design, low space demand, and cost-effectiveness make it suitable for recycling chemicals.

The technique used to produce nanomembranes contains working membranes for the food processing industry, such as carbon nanotubes and nanofiltration. The composite nanomembrans meet the requirements of molecular nickel, gold, biomass, and polymers for selective and rapid separation. Due to their peculiar chemical, magnetic, electrocatalytic, and optical properties, Nano-membranes are ideally suited for the diagnosis and implementation of nanopore biosensors.

Technological developments in conjunction with increased R&D are expected to increase consumer requests for improved nanomembranes over time. Higher demand for drinking water and a lower supply of fresh water would drive further nanomembrane fuel production on the market through a reduction in urban and industrial wastewater disposal. Increased demand in the pharmaceutical and medical sectors for amino-acid and lipid extracts from blood cells is expected to catalyze growth in the market for years to come.

The Nanomembrane market is segmented based on product, Application, and region. On the basis of product segmentation, the market is classified into Polymer, Metal, Hybrid, and Others. Based on application segmentation, the market is bifurcated into Water Treatment, Chemical manufacturers, Mining, Oil & Gas, Pharmaceutical & Biomedical, and Food & beverages.

Some of the essential players operating in the Nanomembrane market, but not restricted to 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

The taxonomy of the Nanomembrane industry by its scope and segmentation is 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

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • 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