The Nanofiltration Membrane Market is utilized for freshwater and groundwater filtration to soften and sterilize the water. In food and beverage industry Nanofiltration Membrane is used to concentrate food naturally.
The Nanofiltration Membrane are mainly applied in water treatment plants. These are used mainy for water softening and colour removal, industrial wastewater treatment, water reuse, and desalination. The expansion of pharmaceutical industryacross developing nations such as India, China, and Brazil also increase the demand in the Nanofiltration Membrane Market.
Nanofiltration Membrane Market Regional Analysis
Among the regions, North America is a leading region in the market. It is expected to maintain its dominance in the nanofiltration membrane market during the forecast period and Asia-Pacific is expected to be the fastest growing region because of increase in usage of nanofiltration membranes in water treatment systems and high government regulations regarding water pollutions and environment safety.
Nanofiltration Membrane Market Scope
Market Size in 2023 USD 0.55 Bn.
Market Size in 2030 USD 1.80 Bn.
CAGR 18.3% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 285
No. of Tables 115
No. of Charts and Figures 110
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
According to type, the polymeric segment dominated the market in 2023, on account of its demand in wastewater treatment and water purification plants as these membranes operate on low pressure and provide higher filtration rate. There is a significant increase in the demand for water filtration techniques due to the increase in scarcity for pure water in regions such as North America and the Middle East. This, in turn, increases the requirement of nanofiltration membrane in the water filter technology
Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:
Global Single Use Filtration Assembly Market is at USD 3.47 Billion, is estimated to grow at a CAGR of 18.9% in the forecasted period. The forecasted revenue hints at a growth of around 11.66 billion USD by 2030.
Ultrafiltration Market size was valued at USD 1.44 Bn. in 2023 and the total Ultrafiltration revenue is expected to grow by 15 % from 2024 to 2030, reaching nearly USD 3.85 Bn.
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