Nanofiltration is a pressure-driven membrane process utilized for liquid-phase separations. Nanofiltration membranes 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. The pore size of nanofiltration membranes is so small that even small uncharged solutes are rejected while surface electrostatic properties allow transmission of monovalent ions. The global nanofiltration membrane market is driven by its applications and demand from end users, which include water & wastewater treatment, food & beverages, chemical & petrochemicals, pharmaceutical & biomedical, textile, and metalworking industry.
Rapid urbanization and industrialization across the emerging economies such as India and China and increase in demand for water for domestic and industrial purposes drive the growth of the global nanofiltration market. In addition, increase in water scarcity across Asian and Arabian countries leads to increase in demand for nanofiltration membrane in the market. Nanofiltration membranes are used for antibiotic separation process and to enhance synthesis reaction conversion. Expansion of pharmaceutical industry across developing nations such as India, China, and Brazil increase the demand for nanofiltration membrane in the market. However, high installation costs and lack of funds in emerging economies such as India restrict the market growth. Increase in use of chemical free water treatment procedures across various industries provide potential growth opportunities for market expansion.
The nanofiltration membrane market is segmented based on type, application, and region. Based on type, the market is divided into polymeric, inorganic, and hybrid. Based on application, the market is classified into water & wastewater treatment, food & beverages, chemical & petrochemicals, pharmaceutical & biomedical, and others. Based on region, the global market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major key players operating in the nanofiltration membrane market include Alfa Laval, Applied Membranes, Inc., Argonide Corporation, Danaher, DowDuPont Inc., GEA Group Aktiengesellschaft, Inopor, Koch Membrane Systems, Inc., Nitto Denko Corporation, and Toray Industries, Inc. Other players operating in the global nanofiltration membrane market include the Synder Filtration, Inc, Culligan, Linde, Merck, Siemens, SPX Flow, and Shanghai Minipore.
KEY BENEFITS FOR STAKEHOLDERS
- Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- It outlines the current trends and future scenario of the market from 2018 to 2025 to understand the prevailing opportunities and potential investment pockets.
- Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
- The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
- The profiles of key players along with their key strategic developments are enlisted in the report.
KEY MARKET SEGMENTS
- By Type
- Polymeric
- Inorganic
- Hybrid
- By Application
- Water & Wastewater Treatment
- Food & Beverages
- Chemical & Petrochemicals
- Pharmaceutical & Biomedical
- Others
- By Region
- North America
o Canada
o Mexico
- Europe
o France
o Italy
o UK
o Rest of Europe
- Asia-Pacific
o Japan
o South Korea
o India
o Australia
o Rest of Asia-Pacific
- LAMEA
o Saudi Arabia
o South Africa
o Rest of LAMEA
Table of Contents
Executive Summary
According to this report titled 'Nanofiltration Membrane Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025', the 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.
Nanofiltration is a pressure-driven membrane process utilized for liquid-phase separations. Properties of nanofiltration membranes lie amid those of non-porous reverse osmosis (RO) membranes and porous ultrafiltration (UF) membranes. These membranes thus 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 pore size of nanofiltration membranes is so small that even small uncharged solutes are rejected while surface electrostatic properties allow transmission of monovalent ions. These properties make these membranes useful in fractionation & selective removal of solutes in complex process streams.
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 the 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 the 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 the water & wastewater treatment, food & beverages, chemical & petrochemical, pharmaceutical & biomedical, and others. Chemical & Petrochemical is the fastest-growing application due to an increase in the 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 the 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:
- The Asia-Pacific nanofiltration membranes market is predicted to hold a share of over 31.65% by 2025
- The polymeric segment is expected to hold a dominant share of the market in terms of revenue, over the projected period
- The water and wastewater treatment application segment held a share of over 35.82% in 2017 and is projected to grow to 36.50% by 2025.
- The qualitative data in the nanofiltration membrane report aims at the market dynamics, trends, and developments in the nanofiltration membrane industry while the quantitative data provides information of the nanofiltration membrane market size in terms of revenue.
Market players have adopted the agreement, partnership, and expansion as their key strategies to gain a competitive advantage in this market. The key players profiled in this report include Alfa Laval, Applied Membranes, Inc., Argonide Corporation, Danaher, DowDuPont Inc., GEA Group Aktiengesellschaft, Inopor, Koch Membrane Systems, Inc., Nitto Denko Corporation, and Toray Industries, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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