The global Polymer Nanomembrane Market 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. 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.
Polymer nanomembranes are synthetic structures with a thickness of less than 100nm and the aspect of surface-area-volume ratio increases to at least a few orders of magnitude. Nanomembranes continuously fit into nano-objects as a result of their thickness and low-dimensional physics and chemistry. Nanomembrane are made up of polymer, ceramic and hybrid, in this report, only polymer nanomembrane with pore size less than 300 nm has been considered.
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The major industry players have adopted expansions, acquisitions and new product development as growth strategies in the last four years. The leading players in the market are 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).
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.
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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.
The companies have initiated the following developments:
- In December 2020, MICRODYN-NADIR came into a distributor partnership with Chembond Clean Water Technologies Limited (India) for the distribution of water and wastewater products in India.
- In November 2020, Koch Separation Solutions acquired RELCO, a processing technology provider for the dairy industry.
- In December 2019, DuPont acquired Desalitech Ltd., closed-circuit reverse osmosis (CCRO) company.
- In October 2019, DuPont acquired the ultrafiltration and membrane biofiltration (MBR) technologies division of Evoqua Water Technologies Corp.
- In September 2019, Dupont acquired the ultrafiltration Membrane business division and inge GmbH from BASF
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