Nanofiltration Membrane Market To Generate USD 2,051.7 Million Revenue by 2030

The nanofiltration membrane market size is expected to advance at a CAGR of 11.0% during 2024–2030, to reach USD 2,051.7 million by 2030. This is ascribed to the burgeoning need for the treatment of water, to make it usable for humans. Moreover, the chemical industry requires nanofiltration membranes for eliminating organic matter and calcium and sulphate salts.

The government of various countries has imposed severe regulations on environmental safety and water pollution, which increases the demand for safe and fresh drinking water, which will, in turn, drive the market.

Increasing Demand for Concentrated Food & Beverages Boosts Market Advance

In order to increase the shelf life of foods and beverages, nanofiltration membranes are used to eliminate the use of preservatives. The product also aids in concentrating the flavor of food products and beverages without the degradation of minerals, vitamins, proteins, and fats. The increasing consumption of fast food because of its usage convenience and availability in a variety of tastes and flavors, driven by the high standards of living and growing disposable income, propels the market. The rising demand for tasty dishes propels the need for high concentrations of the flavoring ingredients in foods and beverages, which will, in turn, boost the market advance.

Nanofiltration membranes are also used for the eradication of harmful bacteria and other microorganisms from foods and beverages. The increasing demand for safe, high-quality, value-added food products is boosting the adoption of proactive food safety technologies, which will, in turn, propel the demand for nanofiltration membranes across the globe. These products are also used in the dairy sector for the standardization of the protein content in milk without introducing milk powders, casein, and protein concentrates.

APAC Is Expected To Show Fastest Growth

APAC is expected to show the fastest growth, at a CAGR of 11.3%, attributed to the rising need for the purification of water for industrial and domestic applications. Moreover, end users are more actively focusing on chemical-free water treatment. Furthermore, in several countries, such as India and China, in order to fulfill the water demand, its desalination is done on a massive scale, driven by the strict regulatory standards implemented to ensure water safety for humans. This is propelling the usage of the dead-end and cross-flow filtration technologies, which require nanofiltration membranes.

In addition, the market is growing because of the increasing number of biotechnology and biopharmaceutical companies establishing their research centers and manufacturing plants across the region. The sterility and purity of APIs and molecules are of the utmost importance in the biotech and pharma sectors, which is a key reason for the market growth in the region.

The market in Europe is also growing at a significant pace, ascribed to the advancements in filtration technologies and high healthcare expenditure. Moreover, due to the shortage of freshwater in the region, the need for recycling and reusing sewage has increased, which is, in turn, propelling the market in the region. Moreover, the rising population and expanding industries have fueled the demand for wastewater treatment, which drives the demand for nanofiltration membranes at the existing and upcoming sewage treatment plants.

The most-significant nanofiltration membrane market players are Koch Separation Solutions, Synder Filteration Inc., Pure Aqua Inc., Osmotech Membranes Pvt. Ltd., DuPont de Nemours Inc., Evoqua Water Technologies LLC, Siemens AG, General Electric Company, and Thermo Fisher Scientific Inc.