Press release
Nanoporous Membranes Market Size, Growth, In-depth Analysis, Research Report Forecast up to 2028: Key Players are InRedox and SimPore.
The prime factor propelling the growth of nanoporous membranes is their growing applicability in water purification and medical applications such as drug delivery & DNA sequencing.The nanoporous membranes market is expected to grow steadily during the projected period.
Nanoporous membranes are thin, porous sheets with nanometre-sized pores that typically have a 1 to 100 nanometres diameter and are intended to filter and divide molecules according to their size, shape, charge, and other characteristics. They are widely used in various applications, such as water treatment, food processing, biosensors, drug delivery, and DNA sequencing, due to their high efficiency in separating molecules. A nanoporous membrane can effectively purify water in many applications, including desalination, wastewater treatment, and softening. It can efficiently remove contaminants, such as bacteria, viruses, salts, and heavy metals, resulting in safe and clean water. The rising death prevalence due to contaminated water has boosted the demand for clean water, which is expected to drive the demand for nanoporous membranes. According to World Health Organization (WHO), in 2022, around 4,85,000 diarrheal deaths occur yearly due to contaminated water. In the medical industry, drug delivery using nanoporous membranes is more effective and has fewer side effects because medications may be explicitly delivered to target tissues or organs. In addition, nanoporous membranes serve as selective filters in biosensors to identify particular compounds, such as glucose or cholesterol, in biological fluids. In 2022, Meta Materials planned to enhance its nanomaterials library by utilizing NPORE nano-composite ceramic separators, which can be used in ultrafiltration and medical metamaterial devices.
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The nanoporous membranes market has been segmented into type, application, and geography.
The market has been segmented based on the type into organic, inorganic, and hybrid. Based on the application, the market has been segmented into food processing, water treatment, biomedical, fuel cells, and others.
By region, North America is expected to retain a considerable market share due to the significant demand for water treatment solutions. Also, the region's growing adoption of desalination and wastewater treatment processes in recent days, coupled with the development of nanoporous membranes, is an additional driving factor. In June 2021, a hybrid nanoporous membrane developed at McGill University increases the efficiency of osmotic energy generation and overcomes the challenges of converting nanomaterials into practical applications.
The global economic slowdown caused by the Covid-19 pandemic resulted in reduced investments and budget cuts in various industries. As a result, many projects utilizing nanoporous membranes were delayed, postponed, or canceled. In addition, travel restrictions, factory closures, and logistical challenges disrupted the supply of raw materials and components required for manufacturing nanoporous membranes. The disruption in global supply chains significantly affected the production and distribution of nanoporous membranes.
The major players covered in the nanoporous membranes market are SmartMembranes GmbH, inopor, Axeon Water Technologies, Hydranautics, InRedox, SimPore, Fraunhofer IKTS, Synder Filtration, NX Filtration BV, and Hunan Keensen Technology Co.
This nanoporous membranes market has been analyzed into the following segments:
• By Type
o Organic
o Inorganic
o Hybrid
• By Application
o Food Processing
o Water Treatment
o Biomedical
o Fuel Cells
o Others
• By Geography
o North America
• United States
• Canada
• Mexico
o South America
• Brazil
• Argentina
• Others
o Europe
• United Kingdom
• Germany
• France
• Spain
• Others
o Middle East and Africa
• UAE
• Israel
• Saudi Arabia
• Others
o Asia Pacific
• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others
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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, and challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.
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