Nanofiltration Membrane Market to Reach More than $1 Billion by 2028, Increasing Demand for Water Treatment Creating Tremendous Market Opportunities

CHICAGO, March 29, 2023 /PRNewswire/ -- According to Arizton's latest research report, the nanofiltration membrane market will grow at a CAGR of 6.38% from 2022-2028.

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BROWSE IN-DEPTH TOC ON THE NANOFILTRATION MEMBRANE MARKET

85 - Tables 70 - Charts 227 – Pages

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.

NANOFILTRATION MEMBRANE MARKET REPORT SCOPE

REPORT ATTRIBUTES

DETAILS

Market Size (2028)

USD 1.07 Billion

Market Size (2022)

USD 738.97 Million

CAGR (2022-2028)

6.38 %

Base Year

2022

Forecast Year

2023-2028

Market Segmentation

Type, Membrane Type, Application, and Geography

Geographic Analysis

North America, Europe, APAC, Latin America, and Middle East & Africa

Countries Covered

The US, Canada, Germany, the UK, France, Italy, Russia, China, India, Japan, South Korea, Australia, the GCC, South Africa, Brazil, and Mexico

Market Dynamics

· Effects of Hard Water

· Low Energy Consumption

· Increased Adoption in Wastewater Treatment and Water Purification

· Rise in Demand for Concentration Food & Beverages

· Stringent Rules & Regulations

Largest Market

North America

Fastest Market

APAC

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Water treatment is becoming increasingly important as the world's population and living standards rise. This type of demand concerns both the quality and quantity of water. Furthermore, the industry focuses more on integrated processes and green technologies, stepping up efforts to reduce waste and reuse water. Membrane technology can be used to recover clean water from polluted water.

Nanofiltration is a popular membrane process for water and wastewater treatment and other applications such as desalination. Because of its lower energy consumption and higher flux rates, NF has largely replaced reverse osmosis (RO) membranes in various applications. Furthermore, NF membranes are commonly used to soften and disinfect water. As a result, the rising adoption of NF membranes in wastewater treatment and water purification is driving the market.

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 to increase whey concentration before transportation typically employ membranes as a cost-effective separation process.

GEOGRAPHIC INSIGHTS

In 2022, North America was the largest market in the water & wastewater treatment industry. This is due to the high demand for industrial wastewater treatment chemicals in the US and Canada. In addition, industrial wastewater treatment purification regulations have been driving the consumption of wastewater treatment chemicals in the region. Furthermore, the presence of large industrial infrastructure for oil & gas, power generation, chemical, mining, and pulp & paper industries in the US is anticipated to drive the demand for industrial wastewater treatment chemicals in the region. Therefore, growth in such industries is anticipated to surge the demand for nanofiltration membranes in the region.

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VENDORS INSIGHTS

In 2022, Koch Separation Solutions acquired LIONEX technology from Cheminoex. The partnership aims to launch its Li-PRO process featuring a patented global solution for Direct Lithium Extraction (DLE). The Li-PRO process is an optimized DLE configuration combining specialized lithium selective extraction media and leading KSS equipment, including robust PURON membrane-based pre-treatment, Recoflos packed bed lithium extraction, Recoflo softening, and high-recovery reverse osmosis (RO) concentration operations to generate a purified lithium chloride solution.

The adoption rate of NF membrane technology in China and countries in North America and Europe has been impressive since its launch. The competition among companies is intensifying, which is expected to lead to the introduction of many innovative and advanced solutions in the market in the upcoming years.

KEY COMPANY PROFILES

Alfa Laval

Nitto Denko Corporation

Toray Industries

Koch Separation Solutions

Applied Membranes

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

MARKET SEGMENTATION

Type

Polymeric

Inorganic

Hybrid

Membrane Type

Tubular Membrane

Flat Sheet Membrane

Spiral-Wound Membrane

Hollow-Fiber Membrane

Application

Water & Wastewater Treatment

Food & Beverage

Pharmaceutical & Biomedical

Chemicals & Petrochemicals

Others

Geography

North America

Europe

APAC

Middle East & Africa

Latin America

TABLE OF CONTENT

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.4 MARKET SEGMENTATION

4.4.1 MARKET BY TYPE

4.4.2 MARKET BY MEMBRANE TYPE

4.4.3 MARKET BY APPLICATION

4.4.4 MARKET BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 MARKET AT A GLANCE

7 PREMIUM INSIGHTS

7.1 MARKET OVERVIEW

7.1.1 MARKET TRENDS

7.1.2 MARKET OPPORTUNITIES

7.1.3 MARKET ENABLERS

7.1.4 MARKET CHALLENGES

7.2 SEGMENT OVERVIEW

7.3 COMPETITIVE LANDSCAPE

8 INTRODUCTION

8.1 OVERVIEW

8.1.1 FILTRATION TECHNOLOGY

8.1.2 NANOFILTRATION MEMBRANES

8.1.3 ADVANTAGES OF NF

8.1.4 DISADVANTAGE OF NF

8.1.5 APPLICATION

8.1.6 CONDITIONS

8.1.7 EFFICIENCY

8.1.8 AUTOMATION LEVEL

8.1.9 CHALLENGES

8.1.10 COSTS

9 MARKET OPPORTUNITIES & TRENDS

9.1 ADVANCEMENTS IN FILTRATION TECHNOLOGY

9.2 SUSTAINABLE NANOFILTRATION MEMBRANES

9.3 OPPORTUNITIES IN THE DAIRY INDUSTRY

9.4 RAPID URBANIZATION

10 MARKET GROWTH ENABLERS

10.1 EFFECTS OF HARD WATER

10.2 LOW ENERGY CONSUMPTION

10.3 INCREASED ADOPTION IN WASTEWATER TREATMENT AND WATER PURIFICATION

10.4 RISE IN DEMAND FOR CONCENTRATED FOOD & BEVERAGES

10.5 STRINGENT RULES & REGULATIONS

11 MARKET RESTRAINTS

11.1 FACTORS IMPEDING THE GROWTH OF NANOFILTRATION MEMBRANE SYSTEMS

11.2 FOULING IN NANOFILTRATION MEMBRANES

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.2 MARKET SIZE & FORECAST

12.3 FIVE FORCES ANALYSIS

12.3.1 THREAT OF NEW ENTRANTS

12.3.2 BARGAINING POWER OF SUPPLIERS

12.3.3 BARGAINING POWER OF BUYERS

12.3.4 THREAT OF SUBSTITUTES

12.3.5 COMPETITIVE RIVALRY

13 TYPE

13.1 MARKET SNAPSHOT & GROWTH ENGINE

13.2 MARKET OVERVIEW

13.3 POLYMERIC

13.3.1 MARKET OVERVIEW

13.3.2 MARKET SIZE & FORECAST

13.3.3 MARKET BY GEOGRAPHY

13.4 INORGANIC

13.4.1 MARKET OVERVIEW

13.4.2 MARKET SIZE & FORECAST

13.4.3 MARKET BY GEOGRAPHY

13.5 HYBRID

13.5.1 MARKET OVERVIEW

13.5.2 MARKET SIZE & FORECAST

13.5.3 MARKET BY GEOGRAPHY

14 MEMBRANE TYPE

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.3 TUBULAR MEMBRANES

14.3.1 MARKET OVERVIEW

14.3.2 MARKET SIZE & FORECAST

14.3.3 MARKET BY GEOGRAPHY

14.4 FLAT SHEET MEMBRANES

14.4.1 MARKET OVERVIEW

14.4.2 MARKET SIZE & FORECAST

14.4.3 MARKET BY GEOGRAPHY

14.5 SPIRAL-WOUND MEMBRANES

14.5.1 MARKET OVERVIEW

14.5.2 MARKET SIZE & FORECAST

14.5.3 MARKET BY GEOGRAPHY

14.6 HOLLOW-FIBER MEMBRANES

14.6.1 MARKET OVERVIEW

14.6.2 MARKET SIZE & FORECAST

14.6.3 MARKET BY GEOGRAPHY

15 APPLICATION

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 MARKET OVERVIEW

15.3 WATER & WASTEWATER TREATMENT

15.3.1 MARKET OVERVIEW

15.3.2 MARKET SIZE & FORECAST

15.3.3 MARKET BY GEOGRAPHY

15.4 FOOD & BEVERAGE

15.4.1 MARKET OVERVIEW

15.4.2 MARKET SIZE & FORECAST

15.4.3 MARKET BY GEOGRAPHY

15.5 PHARMACEUTICAL & BIOMEDICAL

15.5.1 MARKET OVERVIEW

15.5.2 MARKET SIZE & FORECAST

15.5.3 MARKET BY GEOGRAPHY

15.6 CHEMICALS & PETROCHEMICALS

15.6.1 MARKET OVERVIEW

15.6.2 MARKET SIZE & FORECAST

15.6.3 MARKET BY GEOGRAPHY

15.7 OTHERS

15.7.1 MARKET OVERVIEW

15.7.2 MARKET SIZE & FORECAST

15.7.3 MARKET BY GEOGRAPHY

16 GEOGRAPHY

16.1 MARKET SNAPSHOT & GROWTH ENGINE

16.2 GEOGRAPHIC OVERVIEW

17 NORTH AMERICA

17.1 MARKET OVERVIEW

17.2 MARKET SIZE & FORECAST

17.3 TYPE

17.3.1 MARKET SIZE & FORECAST

17.4 MEMBRANE TYPE

17.4.1 MARKET SIZE & FORECAST

17.5 APPLICATION

17.5.1 MARKET SIZE & FORECAST

17.6 KEY COUNTRIES

17.6.1 US: MARKET SIZE & FORECAST

17.6.2 CANADA: MARKET SIZE & FORECAST

18 EUROPE

18.1 MARKET OVERVIEW

18.2 MARKET SIZE & FORECAST

18.3 TYPE

18.3.1 MARKET SIZE & FORECAST

18.4 MEMBRANE TYPE

18.4.1 MARKET SIZE & FORECAST

18.5 APPLICATION

18.5.1 MARKET SIZE & FORECAST

18.6 KEY COUNTRIES

18.6.1 GERMANY: MARKET SIZE & FORECAST

18.6.2 UK: MARKET SIZE & FORECAST

18.6.3 FRANCE: MARKET SIZE & FORECAST

18.6.4 ITALY: MARKET SIZE & FORECAST

18.6.5 RUSSIA: MARKET SIZE & FORECAST

19 APAC

19.1 MARKET OVERVIEW

19.2 MARKET SIZE & FORECAST

19.3 TYPE

19.3.1 MARKET SIZE & FORECAST

19.4 MEMBRANE TYPE

19.4.1 MARKET SIZE & FORECAST

19.5 APPLICATION

19.5.1 MARKET SIZE & FORECAST

19.6 KEY COUNTRIES

19.6.1 CHINA: MARKET SIZE & FORECAST

19.6.2 INDIA: MARKET SIZE & FORECAST

19.6.3 JAPAN: MARKET SIZE & FORECAST

19.6.4 SOUTH KOREA: MARKET SIZE & FORECAST

19.6.5 AUSTRALIA: MARKET SIZE & FORECAST

20 MIDDLE EAST & AFRICA

20.1 MARKET OVERVIEW

20.2 MARKET SIZE & FORECAST

20.3 TYPE

20.3.1 MARKET SIZE & FORECAST

20.4 MEMBRANE TYPE

20.4.1 MARKET SIZE & FORECAST

20.5 APPLICATION

20.5.1 MARKET SIZE & FORECAST

20.6 KEY COUNTRIES

20.6.1 GCC: MARKET SIZE & FORECAST

20.6.2 SOUTH AFRICA: MARKET SIZE & FORECAST

21 LATIN AMERICA

21.1 MARKET OVERVIEW

21.2 MARKET SIZE & FORECAST

21.3 TYPE

21.3.1 MARKET SIZE & FORECAST

21.4 MEMBRANE TYPE

21.4.1 MARKET SIZE & FORECAST

21.5 APPLICATION

21.5.1 MARKET SIZE & FORECAST

21.6 KEY COUNTRIES

21.6.1 BRAZIL: MARKET SIZE & FORECAST

21.6.2 MEXICO: MARKET SIZE & FORECAST

22 COMPETITIVE LANDSCAPE

22.1 COMPETITION OVERVIEW

23 KEY COMPANY PROFILES

23.1 ALFA LAVAL

23.1.1 BUSINESS OVERVIEW

23.1.2 PRODUCT OFFERINGS

23.1.3 KEY STRATEGIES

23.1.4 KEY STRENGTHS

23.1.5 KEY OPPORTUNITIES

23.2 NITTO DENKO CORPORATION

23.3 TORAY INDUSTRIES

23.4 KOCH SEPARATION SOLUTIONS

23.5 APPLIED MEMBRANES

24 OTHER PROMINENT VENDORS

24.1 PALL CORPORATION (DANAHER)

24.1.1 BUSINESS OVERVIEW

24.1.2 PRODUCT OFFERINGS

24.2 SUNUP

24.3 DUPONT

24.4 SYNDER FILTRATION

24.5 NX FILTRATION

24.6 RISINGSUN MEMBRANE TECHNOLOGY

24.7 SUEZ (VEOLIA)

24.8 NOVASEP

24.9 INOPOR

24.10 GEA

24.11 SPX FLOW

24.12 MANN+HUMMEL WATER & FLUID SOLUTIONS

24.13 MEMBRANIUM

24.14 AXEON WATER TECHNOLOGIES

24.15 HUNAN KEENSEN TECHNOLOGY

24.16 OSMOTECH MEMBRANES

24.17 VONTRON MEMBRANE TECHNOLOGY

24.18 SNOWPURE

24.19 CERAHELIX

24.20 PURE AQUA

25 REPORT SUMMARY

25.1 KEY TAKEAWAYS

25.2 STRATEGIC RECOMMENDATIONS

26 QUANTITATIVE SUMMARY

26.1 TYPE

26.2 MEMBRANE TYPE

26.3 APPLICATION

26.4 MARKET BY GEOGRAPHY

26.5 NORTH AMERICA

26.5.1 TYPE

26.5.2 MEMBRANE TYPE

26.5.3 APPLICATION

26.6 EUROPE

26.6.1 TYPE

26.6.2 MEMBRANE TYPE

26.6.3 APPLICATION

26.7 APAC

26.7.1 TYPE

26.7.2 MEMBRANE TYPE

26.7.3 APPLICATION

26.8 MIDDLE EAST & AFRICA

26.8.1 TYPE

26.8.2 MEMBRANE TYPE

26.8.3 APPLICATION

26.9 LATIN AMERICA

26.9.1 TYPE

26.9.2 MEMBRANE TYPE

26.9.3 APPLICATION

27 APPENDIX

27.1 ABBREVIATIONS

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