Polymer Nanomembrane Market

Polymer Nanomembrane Market was valued at USD 715 million in 2022 and is forecast to touch USD 1,697 million in 2030, and the market is expected to grow at a whopping CAGR of 11.4% from 2023-2030

Polymer Nanomembrane Market Overview

The nanomembranes are defined as the freestanding natural or synthetic structures with a thickness less than 100 nm. Nanomembrane produced from polymers including polyacrylonitrile, polyvinylidene difluoride, polyvinylchloride, and others are called polymer nanomembrane. These membranes have pores size in the range of 1nm to 300 nm.

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Major Polymer Nanomembrane Market Drivers

Rising number of industries including chemical, electronics, food & beverages, energy, pharmaceutical; increased use of polymer nanomembrane as nano filtration membranes and nanofiber membranes in industries for application including fuel purification, biomedicines, cell biology and biotechnology, DNA analysis, multicomponent gas separation, air pollution control, hydrogen production, food processing, and others is expected to drive the growth of the market during the forecast period. In addition, growing use of polymer nanomembrane in the desalination of sea water, purification of polluted water for reducing heavy metals, salt, nitrate, sulphate, and natural organic matter content, and for softening hard water and purification of potable water is further promoting the growth of the market.

Moreover, according to the UN, over 80% of wastewater is released to the environment without proper treatment which is expected to escalate the demand of polymer nanomembrane in the water treatment industry. Furthermore, increasing use of polymer nanomembranes in electronics industry for the development of semiconductors and IC chips owing to their flexibility and lightweight characteristics is expected to provide growth opportunities to the polymeric nano membrane market size.

Restraint in the Polymer Nanomembrane Market

However, the outbreak of COVID-19 and the consequent lockdown has adversely affected the growth of the biopharmaceutical, food & beverage processing, and petrochemical processing activities globally which is expected to impact the demand of polymer nanomembrane over the forecast period.

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Type – Segment Analysis

Based on the type, polyacrylonitrile (PAN) is expected to account for a prominent share in the market primarily due to its applications as filtration membranes, manufacturing of felts for hot air filtration, hollow fibers for reverse osmosis, for emulsified oil & water separation owing to its low density, thermal stability, stability to degradation by UV rays, high resistance and elasticity modulus, non-melting and chemical resistance properties.

End-Use Industry – Segment Analysis

Based on end-use industry, pharmaceuticals & biomedical is expected to grow at a notable rate due to the increasing use of polymer nanomembrane medical sensors, implantable devices, diagnostic instruments, plasma purification, and filtration of RNA, DNA and endotoxins. Increasing use in drug delivery system for effective therapy and to eliminate the chances of improper dosing primarily in cancer treatment, haemodialysis, and blood treatment is further accelerating the market growth.

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Regional – Segment Analysis:

North America is expected to hold a notable market share over the forecast period primarily due to the presence of highly developing industries including food, pharmaceutical, oil & gas, chemicals, and others; increasing government investment in the water treatment industry coupled with the stringent environmental regulations including in the Clean Water Act (CWA), the United States Environmental Protection Agency (EPA), and the Safe Drinking Water Act (SDWA) in North America. The presence of leading players including Dupont De Nemours, Inc., Nitto Denko Corporation, Synder Filtration, Inc., and Koch Separation Solutions is further augmenting the market growth.

Top Market Players

Several leading Plastic Pallet companies operating in the market, include, Dupont De Nemours, Inc., Nitto Denko Corporation, Synder Filtration, Inc., Koch Separation Solutions, MANN+HUMMEL, Pall Corporation, Alfa Laval AB, Pentair Plc, Toray Industries, Inc., and Sumitomo Electric Fine Polymer, Inc. among others. 

Key Developments: 

• • In 2020, Koch Separation Solutions has acquired RELCO, one if the leading provider of process technologies for the dairy and food industry. The acquisition is expected to expand the business by providing separation technologies in the dairy, food, and beverage markets.

Segments covered in the Report:

The global Polymer Nanomembrane Market has been segmented on the basis of type, end-use industry, and key regions. Based on the type, the market is segmented into Polyacrylonitrile (PAN), Polyethylene (PE), Polyvinylchloride (PVC), Polyamide, Polypropylene, Polycarbonate, Polytetrafluoroethylene (PTFE), and others. Based on the end-use industry, the market is segmented into water & wastewater treatment, chemical, electronics, oil & gas, food & beverages, pharmaceutical & biomedical, and others. 

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Report Coverage	Details
Market Revenues (2022)	USD 715 million
Market Base Year	2022
Market Forecast Period	2023-2030
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By End-use Industry, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Dupont De Nemours, Inc., Nitto Denko Corporation, Synder Filtration, Inc., Koch Separation Solutions, MANN+HUMMEL, Pall Corporation, Alfa Laval AB, Pentair Plc, Toray Industries, Inc., and Sumitomo Electric Fine Polymer, Inc. among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Polymer Nanomembrane Market by Type

• • Polyacrylonitrile (PAN)
  • Polyethylene (PE)
  • Polyvinylchloride (PVC)
  • Polyamide
  • Polypropylene
  • Polycarbonate
  • Polytetrafluoroethylene (PTFE)
  • Others

Global Polymer Nanomembrane Market by End-Use Industry

• • Water & Wastewater Treatment
  • Chemical
  • Electronics
  • Oil & Gas
  • Food & Beverages
  • Pharmaceutical & Biomedical
  • Others

Global Polymer Nanomembrane Market by Region

• • North America Polymer Nanomembrane Market (Option 1: As a part of the free 25% customization)

    • by Type
    • by End-Use Industry
    • US Market All-Up
    • Canada Market All-Up

  • Europe Polymer Nanomembrane Market (Option 2: As a part of the free 25% customization)

    • by Type
    • by End-Use Industry
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Polymer Nanomembrane Market (Option 3: As a part of the free 25% customization)

    • by Type
    • by End-Use Industry
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Polymer Nanomembrane Market (Option 4: As a part of the free 25% customization)

    • by Type
    • by End-Use Industry
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Polymer Nanomembrane Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Dupont De Nemours, Inc.
  • Nitto Denko Corporation
  • Synder Filtration, Inc.
  • Koch Separation Solutions
  • MANN+HUMMEL
  • Pall Corporation
  • Alfa Laval AB
  • Pentair Plc
  • Toray Industries, Inc.
  • Sumitomo Electric Fine Polymer, Inc.