Nanofiltration Membrane Market, By Type (Polymeric, Inorganic, and Hybrid), By Application (Water & Wastewater Treatment, Food & Beverages, Chemical & Petrochemicals, Pharmaceutical & Biomedical, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast Till 2029

Report Code: PMI446820 | Publish Date: March 2024 | No. of Pages: 147

Global Nanofiltration Membrane Market Overview

The nanofiltration membrane market accounted for US$ 707.0 million in 2019 and is estimated to be US$ 1180.4 million by 2029 and is anticipated to register a CAGR of 5.3%.

Nanofiltration is the recent advancement 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. This type of membrane filtration method employs nanometer-sized cylindrical through-pores that pass through the membrane at 90°. The pore-size ranges from 1 to 10 nanometers. These nanofiltration membranes are made from polymer-based thin films. The most commonly used polymeric material is polyethylene terephthalate. Nanofiltration membranes are between non-porous reverse osmosis (RO) membranes and porous ultrafiltration (UF) membranes. These allow ions to be separated through a combination of size & electrical effects of ultrafiltration (UF) membranes and ion interaction mechanisms of reverse osmosis (RO) membranes. Commercial nanofiltration membranes possess fixed charge developed through dissociation of surface groups such as carboxyl or sulfonated acids. The nanofiltration membrane market accounted for US$ 707.0 million in 2019 and is estimated to be US$ 1180.4 million by 2029 and is anticipated to register a CAGR of 5.3%.

Impact of COVID-19 on the market

COVID-19 can affect the economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. Membrane separation technologies looks at how the expected impact of the pandemic on the current macroeconomic environment compares to other major events since 2000, including the bursting of technology bubble, the SARS outbreak, the 2009 downturn, and the European financial crisis.  The biotech entities are investigating SARs-Cov-2 at an unprecedented rate and a significant amount of funds are being put into the R&D. With the several candidates in trial, the public and private sectors are expected to work in unison for the estimative period, until a vaccine is developed for Covid-19. This report will quantify the impact of this pandemic on the nanofiltration membrane market.

Global Nanofiltration Membrane Market Dynamics

This factor is expected to drive the growth of this market. Expansion of pharmaceutical industry across developing nations such as India, China, and Brazil also increase the demand for nanofiltration membrane in the market. In addition, increase in sales of generic medicines, developments in medical infrastructure, and surge in demand for low-cost drugs are expected to drive boost the growth of the nanofiltration membrane market. In the food & beverage industry, nanofiltration membrane is used to concentrate food & beverages naturally without degrading the products. Increase in disposable income of individual and high standard of living across developed and emerging economies leads to increase in demand for fast food & beverages. This makes way for increase in demand for nanofiltration membrane for concentration of food & beverages.

High demand for potable water

A key advantage of these membranes is during the process of retaining calcium and magnesium ions in water softening application, as used in ion-exchangers. Another major advantage of nanofiltration membranes is performing gentle molecular separation. These properties make the nano-filtration membrane apt for the water-treatment and pharmaceutical sectors. Therefore, the increase in demand for potable water and stringent government regulations associated with water pollution are key drivers for the rise in demand for nanotechnology membranes. Nanofiltration membrane finds application in water and wastewater treatment that includes water softening and color removal, industrial wastewater treatment, water reuse, and desalination. Rapid urbanization and industrialization across emerging economies such as India and China and increase in demand for water for domestic and industrial purposes are expected to boost the growth of the market. There is significant increase in the demand for water filtration techniques due to increase in scarcity for pure water in regions such as North America and Middle East. This in turn, increases the requirement of nanofiltration membrane in the water filter technology. For instance, Argonide received patent for its DEAL filtration technology. DEAL is an improved form of DE and has been used extensively to purify water in municipal and industrial plants.

Conversely, high installation costs and lack of funds in the emerging economies and nanofiltration membranes are highly sensitive to free chlorine thus inability in treatment of chlorine concentration is anticipated to hamper the growth of the nanofiltration membrane market during the forecast period.

Global Nanofiltration Membrane Market Segmentation

The nanofiltration membrane market is segmented based on the type, application, and region.

On the basis of the type, the nanofiltration membrane market is segmented into polymeric, inorganic, and hybrid. Based on application, the market is classified into water & wastewater treatment, food & beverages, chemical & petrochemicals, pharmaceutical & biomedical, and others.

Regional Insights:

In the region, the nanofiltration membrane market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is anticipated to expand notably during the forecast period due to significant expansion of the chemical industry in countries such as China, India, Malaysia, South Korea, and Japan. North America and Europe dominate the nanofiltration membrane market. This is due to the presence of advanced technologies and continued research & development activities in the field of nano-technology. Latin America is anticipated to offer high growth opportunities for the nano-filtration membranes market, due to the considerable expansion of the pharmaceutical & medical industry in the region. Middle East & Africa also holds a significant share of the nanofiltration membrane market. Purification of gas condensates is a major application sector of nanofiltration membranes in the region.

Report Scope:

Attribute

Details

The base year for estimation

2019

Forecast period

2019 – 2029

Market representation

Revenue in USD Million & CAGR from 2019– 2029

Market Segmentation

By Type- Polymeric, Inorganic, and Hybrid

By Application- Water & Wastewater Treatment, Food & Beverages, Chemical & Petrochemicals, Pharmaceutical & Biomedical, Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at , regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the nanofiltration membrane market report based on type, application, and region.

Nanofiltration Membrane Market, By Type:

  • Polymeric
  • Inorganic
  • Hybrid

Nanofiltration Membrane Market, By Application:

  • Water & Wastewater Treatment
  • Food & Beverages
  • Chemical & Petrochemicals
  • Pharmaceutical & Biomedical
  • Others

Nanofiltration Membrane Market, By Region:

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

Global Nanofiltration Membrane Market Key Players

The key players operating in the nanofiltration membrane market include Koch Membrane Systems, ECN, GEA, Dow, INOPOR, Toray Chemicals, Alfa Laval, Argonide, Nitto Hydranautics, and Pall Corp. The leading players in the nanofiltration membrane market have also focused on partnership and acquisition as their key strategies to gain significant share in the market. Investment in R&D is one of the planned measures to beat the competition. For instance, in April 2020, Koch Separation Solutions expanded its manufacturing of membrane technology by fifty percent.

Global Nanofiltration Membrane Market Company Profile

  • Koch Membrane Systems
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategies
  • ECN
  • GEA
  • Dow
  • INOPOR
  • Toray Chemicals
  • Alfa Laval
  • Argonide
  • Nitto Hydranautics
  • Pall Corp

“*” marked represents similar segmentation in other categories in the respective section

Global Nanofiltration Membrane Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Types
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Types
      • Secondary Types
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Nanofiltration Membrane Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Type, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Polymeric
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Inorganic
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Hybrid
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Market Segmentation, By Application, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Water & Wastewater Treatment
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Food & Beverages
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Chemical & Petrochemicals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Pharmaceutical & Biomedical
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  7. Global Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size  and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • Koch Membrane Systems
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • ECN
      • GEA
      • Dow
      • INOPOR
      • Toray Chemicals
      • Alfa Laval
      • Argonide
      • Nitto Hydranautics
      • Pall Corp.
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The global nanofiltration membrane market is segmented based on type, application, and region.

Demand from end-user industry is likely to drive the growth of the global nanofiltration membrane market over the forecast period.

Asia Pacific is estimated to be the fastest-growing market for nanofiltration membranes. The growth is attributed to the growing demand chemical industry.

The prominent players are constantly involved in the development of new or combination of product. Investment in R&D is one of the planned measures to beat the competition.