$954 Mn Nanofiltration Membrane Market by Type and Application - Global Opportunity Analysis and Industry Forecast, 2018-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 12, 2019--
The “Nanofiltration Membrane Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.
Global nanofiltration membrane market was valued at $643.22 million in 2017, and is projected to reach $954.65 million by 2025, growing at a CAGR of 5.4% from 2018 to 2025.
Increase in usage of nanofiltration membranes in water purification & wastewater treatment and government regulations associated with water pollution majorly drive the growth of the nanofiltration membranes market across the globe. Growth in biopharmaceutical industry, rise in population, and rapid industrialization across emerging economies are other factors, which supplement the market growth. However, high initial investment, lack of funds in developing countries, and strict government regulations associated with validation of filtration procedures restrict the growth. Key industry players are investing in R&D activities to improve fouling resistance of nanofiltration membranes.
By type, the nanofiltration membrane market is segmented into polymeric, ceramic, and hybrid. The polymeric nanofiltration membranes accounted for more than half of the global market in 2016, due to its relatively lower cost as compared to other types. Polymeric material affects the selectivity and permeability of the membrane.
By application, the nanofiltration membrane market is divided into water & wastewater treatment, food & beverages, chemical & petrochemical, pharmaceutical & biomedical, and others. Chemical & Petrochemical is the fastest growing application due to increase in application of nanofiltration membrane in specialty chemicals. It is used to concentrate spent materials for disposal or recycling. Use of membrane filtration is also a cost-effective alternative in many operations where dewatering or evaporation is involved to concentrate the process stream.
In addition, in petrochemical industry, nanofiltration membrane is used for the removal of sulfate from injection water in offshore oil production. It reduces scale and corrosion in the injection well by eliminating sulfate, which can plug the well and reduce oil recovery.
Key Findings of Nanofiltration Membrane Market:
Key Topics Covered:
Chapter: 1: INTRODUCTION
Chapter: 2: EXECUTIVE SUMMARY
Chapter: 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.1. Top winning strategies
3.2.2. Top player positioning
3.3. Porter’s five forces analysis
3.4. Market dynamics
220.127.116.11. Growth in pharmaceutical sector
18.104.22.168. Increase in usage in water & wastewater treatment
22.214.171.124. Stringent environment regulations
126.96.36.199. Rise in population in water stressed areas
188.8.131.52. Rise in pollution due to dumping of industrial waste
184.108.40.206. Lack of funds in emerging countries
220.127.116.11. Strict government regulations associated with validation of filtration processes
18.104.22.168. Inability in treatment of chlorine concentration
22.214.171.124. Increase in use of chemical free water treatment
126.96.36.199. Advancement in filtration technologies
Chapter: 4: GLOBAL NANOFILTRATION MEMBRANES MARKET, BY TYPE
4.1.1. Market size and forecast
Chapter: 5: GLOBAL NANOFILTRATION MEMBRANES MARKET, BY APPLICATION
5.1.1. Market size and forecast
5.2. Water & Wastewater Treatment
5.3. Food & Beverages
5.4. Chemical & Petrochemicals
5.5. Pharmaceutical & Biomedical
Chapter: 6: GLOBAL NANOFILTRATION MEMBRANES MARKET, BY REGION
6.1.1. Market size and forecast
Chapter: 7: COMPANY PROFILES
7.1. Alfa Laval
7.2. Applied Membranes Inc.
7.3. Argonide Corporation
7.5. DowDuPont Inc.
7.6. GEA Group Aktiengesellschaft
7.8. Koch Membrane Systems Inc.
7.9. Nitto Denko Corporation
7.10. Toray Industries Inc.
For more information about this report visit https://www.researchandmarkets.com/r/egnvng
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SOURCE: Research and Markets
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PUB: 09/12/2019 09:00 AM/DISC: 09/12/2019 09:01 AM