May 2, 2023   SOURCE: BusinessWire

Global Nanofiltration Membranes Market Report 2023 - 2028: Advancement in Filtration Technology and Rapid Urbanization Drives Growth - ResearchAndMarkets.com

The "Nanofiltration Membranes Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global nanofiltration membrane market is expected to grow at a CAGR of 6.38% from 2022 to 2028.

Key Winning Imperatives in the Global Nanofiltration Membrane Market

  • NF technology can be employed for a broad range of applications owing to its distinctive properties to focus on major global concerns in a sustainable and green method.
  • Choosing naturally derived raw material sources helps ensure sustainability and minimize using non-renewable petrochemical-based materials.
  • Manufacturers looking for increasing whey concentration before transportation would typically employ membrane as a cost-effective separation process.

Market Trends and Opportunities

Advancement in Filtration Technology

Nanofiltration (NF) is a pioneering filtration technology that might be deemed a true paradigm shift in membrane science. NF technology can be employed for a broad range of applications owing to its distinctive properties to focus on major global concerns in a sustainable and green method.

Notwithstanding several technological advancements and accomplishments, wastewater treatment remains a fundamental global concern. NF membrane is one of the most successful procedures for eliminating heavy metals from wastewater due to its adaptable design, efficient operation, and low cost.

Rapid Urbanization

The growth of the nanofiltration membrane market is expected to accelerate due to rapid urbanization and industrialization across developing economies such as India and China and a surge in demand for water for domestic and industrial purposes and access to fresh and clean water.

Urbanization refers to the increase in the population percentage in urban areas. Over 50% of the global population lives in urban areas, generating over 80% of the gross domestic product (GDP). With the rapid development of the economy & acceleration of urbanization and industrialization, the concern about water pollution has increased. The rising population in cities has a strong impact on water quality.

Moreover, the growing number of industries that release emissions is also anticipated to generate greater opportunities for NF membranes for water treatment. Thus, with the increase in urbanization and growing consumer awareness, the demand for NF membranes will grow during the projected period.

Low Energy Consumption

NF membrane technology has replaced RO membrane technology in several applications due to lower energy consumption and high flux rates.

The lower the pressure required, the lower the energy consumption. NF has exchanged reverse osmosis (RO) membranes in numerous applications owing to lower energy consumption and higher flux rates. In addition, NF membranes are mostly used to soften and disinfect water.

Hence, low energy consumption surges the demand for nanofiltration membranes in the wastewater treatment and water purification sector.

Industry Restraints

Fouling in Nanofiltration Membrane

Nanofiltration is a process between RO and ultrafiltration (UF) that discards molecules sized in the order of one nanometer. The use of the membrane process is restricted by fouling, which discloses itself as a reduction in flux with the time of operation.

Hence, fouling is one of the most significant reasons for the minimal acceptance of nanofiltration and other membrane processes in large-scale processing. The fouling perseveres and remains a key area for improvement in the quality of the membrane, which has hindered the nanofiltration membrane market growth.

Market Segmentation

by Type

  • Polymeric
  • Inorganic
  • Hybrid

by Membrane Type

  • Tubular Membrane
  • Flat Sheet Membrane
  • Spiral-Wound Membrane
  • Hollow-Fiber Membrane

by Application

  • Water & Wastewater Treatment
  • Food & Beverage
  • Pharmaceutical & Biomedical
  • Chemicals & Petrochemicals
  • Others

Geographical Analysis

North America dominated the global nanofiltration membrane market, accounting for over 32% global share in 2022. In North America, nanofiltration membranes are broadly used in industrial and municipal water treatment processes.

The treated water is generally used for irrigation and domestic purposes, such as in toilets and for a car wash, helping minimize pure water scarcity.

Therefore, factors like this are expected to increase the demand for nanofiltration membranes significantly. In addition, the industrial sector's increased demand for nanofiltration membranes is further expected to accelerate the regional market.

Key Company Profiles

  • Alfa Laval
  • Nitto Denko Corporation
  • Toray Industries
  • Koch Separation Solutions
  • Applied Membranes

Other Prominent Vendors

  • Pall Corporation (Danaher)
  • SUNUP
  • DuPont
  • Synder Filtration
  • NX Filtration
  • RisingSun Membrane Technology
  • SUEZ
  • Novasep
  • Inopor
  • GEA
  • SPX FLOW
  • MANN+HUMMEL Water & Fluid Solutions
  • MEMBRANIUM
  • AXEON Water Technologies
  • Hunan Keensen Technology
  • Osmotech Membranes
  • VONTRON MEMBRANE TECHNOLOGY
  • SnowPure
  • Cerahelix
  • Pure Aqua

KEY QUESTIONS ANSWERED

1. How big is the nanofiltration membrane market?

2. What is the growth rate of the global nanofiltration membrane market?

3. Which region dominates the global nanofiltration membrane market share?

4. What are the significant trends in the nanofiltration membrane market?

5. Who are the key players in the global nanofiltration membrane market?

For more information about this report visit https://www.researchandmarkets.com/r/we4x8i

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