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According to the new market research report "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", published by MarketsandMarkets™, the 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.
Nanofiltration Membranes Market Size Forecast to Reach $956 Million by 2025 Increased Adoption of Nanofiltration Membranes in Wastewater Treatment and Water Purification Driving the Growth of Nanofiltration Membranes Market
BriefingWire.com, 3/04/2021 - Nanofiltration Membranes Market size is forecast to reach $956 million by 2025 after growing at a CAGR of 6% during 2020-2025. Nanofiltration membranes are made from Polymer-based thin films. This type of membrane filtration method employs nanometer-sized cylindrical through-pores that pass through the membrane at 90°.The growth of the market of Nanofiltration membranes is expected to be driven by the high demand from the chemical industry. The other growth factor is Water treatment sector which is using nanofiltration membranes for water filtration.