Research/ Review Paper

Polymer Nanomembrane Market worth $1,103 million by 2026 – At a CAGR of 11.6%

Published: June 6, 2023
Author: TEXTILE VALUE CHAIN
According to a new market research report, the Polymer Nanomembrane Market by Type (PAN, PE, PVC, Polyamide, PP, PC, PTFE), End-Use Industry (Water & Wastewater Treatment, Chemical, Electronics, Oil & Gas, Food & Beverages, Pharmaceutical & Biomedical) & Region – Trends and Forecasts Up to 2026″, size is estimated to be USD 637 million in 2021 and is projected to reach USD 1,103 million by 2026, at a CAGR of 11.6% between 2021 and 2026.

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  • 188 Market data Tables
  • 43 Figures
  • 222 Pages and in-depth TOC on “Polymer Nanomembrane Market – Global Forecast to 2026″

This report also provides a comprehensive analysis of the companies listed below:

Dupont De Nemours, Inc., (US), Nitto Denko Corporation- Hydranautics (US), Koch Separation Solutions (US), MICRODYN-NADIR GMBH (Germany), Pall Corporation (US), Synder Filtration, Inc. (US), Alfa Laval AB (Sweden), Pentair – X-Flow (The Netherlands), Toray Industries, Inc. (Japan) and Sumitomo Electric Fine Polymer, Inc (Japan)

The polymer nanomembrane market is expected to witness a steady growth forecast period due to growth in the water & wastewater treatment industry. Moreover, the technological development in development in electronic and biotech devices such as semiconductors and IC chips increases the necessity of obtaining higher purity chemical solutions to clean wafers. For filtration of these chemical solutions, polymer nanomembrane are used. The growing trend for athleisure clothing that are made of stretchable & lightweight material allowing air permeability, breathability, and waterproofness is opportunities in the polymer nanomembrane market.

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Dupont businesses are divided into five segments: Electronics & Imaging; Nutrition & Biosciences; Transportation & Industrial; Safety & Construction; and Non-Core. The water solution product line under the Safety & Construction segment offers water/wastewater treatment technology for residential, industrial, and municipal use. It provides filtration and purification technology by utilizing reverse osmosis, nanofiltration, and ultrafiltration membranes. The company offers nanofiltration membrane under the brand name “FilmTec.” It has global business operations in North America, Latin America, Asia Pacific, and EMEA.

Nitto Denko Corporation (Korea) offers membrane technology through its wholly-owned subsidiary Hydranautics, under Nitto Global Membrane Division (GMD). Nitto Denko Corporation acquired Hydranautics in 1987. The company has three production facilities in the US, China, and Japan. The membrane technologies offered by the company include reverse osmosis (RO), nanofiltration (NF), ultrafiltration (UF), and microfiltration (MF). These membrane technologies are utilized in the separation, desalination, and purification process for water/wastewater treatment and other industries. The company has a business presence across North America, South America, Asia, and Europe.

In 2020, the polymer nanomembrane market saw a dip in growth rate due to COVID-19 and the consequent lockdown across the world. Due to lockdowns, business activities halted for many food & beverage, processing industries, water & wastewater treatment, and other industries. COVID-19 impacted these industries, which further impacted the nanomembrane market. However, the market is expected to grow steadily during the forecast period, with business operations returning to normal.

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