Dublin, Sept. 20, 2023 (GLOBE NEWSWIRE) -- The "Nanoporous Membranes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global nanoporous membranes market has witnessed substantial growth, with its size reaching US$ 816.6 Million in 2022. Looking ahead, the market is projected to continue its upward trajectory, with an expected valuation of US$ 1,218.7 Million by 2028, demonstrating a noteworthy growth rate (CAGR) of 6.7% during the period from 2023 to 2028.
Nanoporous membranes are rapidly gaining prominence as they supplant traditional water treatment technologies. Their appeal lies in attributes such as low energy consumption, remarkable efficiency, cost-effectiveness, operation at room temperature, and straightforward processing.
Furthermore, these membranes boast extensive applications in various domains, including electrocatalysis, nanodevice fabrication, energy, environmental science, and analytical science. Researchers are currently directing their efforts toward the development of specialized nanoporous adsorbent products, particularly tailored for the electronics manufacturing and biomedical sectors. This drive has led to a surge in demand on a global scale.
Notably, nanoporous membranes excel in water purification, effectively filtering an array of pollutants, ranging from salts and microbes to organic molecules and metallic ions. As the demand to treat wastewater containing minute contaminants escalates due to freshwater scarcity, these membranes are playing a pivotal role in addressing this challenge.
Furthermore, governments worldwide are implementing stringent regulations regarding wastewater treatment for industries that consume substantial volumes of water. Coupled with this, the proliferation of water treatment plants and the increase in water salination activities contribute to the growing adoption of nanoporous membranes.
In addition to their water treatment applications, nanoporous membranes are finding their footing in the biomedical field. They are being utilized for drug delivery, single molecular analysis, immunoisolation, biosensing, and the separation and sorting of biomolecules, fostering market growth. Leading industry players are further augmenting the market through substantial investments in research and development (R&D) activities, aimed at introducing innovative product variants to gain a competitive edge.
Other factors fueling the optimistic outlook of the market encompass increased usage in the food processing industry, a growing inclination toward biological water treatment technologies, and continuous technological advancements. These dynamics collectively contribute to the positive trajectory of the nanoporous membranes market.
Key Questions Answered in This Report
- What was the size of the global nanoporous membranes market in 2022?
- What is the expected growth rate of the global nanoporous membranes market during 2023-2028?
- What has been the impact of COVID-19 on the global nanoporous membranes market?
- What are the key factors driving the global nanoporous membranes market?
- What is the breakup of the global nanoporous membranes market based on the material type?
- What is the breakup of the global nanoporous membranes market based on the application?
- What are the key regions in the global nanoporous membranes market?
- Who are the key players/companies in the global nanoporous membranes market?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 143 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $816.6 Million |
| Forecasted Market Value (USD) by 2028 | $1218.7 Million |
| Compound Annual Growth Rate | 6.9% |
| Regions Covered | Global |
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.
- SmartMembranes GmbH.
Key Market Segmentation:
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
For more information about this report visit https://www.researchandmarkets.com/r/z0vydo
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