Portland, OR -- (SBWIRE) -- 03/12/2018 -- Rise in demand for potable water & reduced freshwater sources and environmental restrictions on municipal & industrial wastewater discharges are primary factors that drive the nanofiltration membranes market. Rapid industrialization in emerging economies, economic development, and increase in population in areas facing water scarcity are other factors, which supplement market growth. In addition, product differentiation in the market due to customization of products further fuel the market growth. Low adoption of these membranes in the developing countries due to cost constraints and strict government regulations for validation of filtration procedures hinder the market growth. Rise in use of chemical free treatment procedures in various industries and technological advancements in membrane strength & sizes due to increased demand for advanced separation across research activities in food & beverage and pharmaceutical industry provide potential opportunities for market expansion.

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The water & waste water treatment is expected to be the first preference for new entrants as application of membrane technology is continuously increasing in this sector due to stringent water quality standards. New treatment systems adopt nanofiltration membranes as it reduces energy & operational costs. Rise in focus on water purification and recycling of wastewater is expected to boost the demand of nanofiltration membranes across the globe.

The key players operating in this market include Alfa Laval AB, Argonide Advanced Water Filtration Systems, Applied Membranes Inc., GEA Group, Inopor GmbH, Koch Membrane Systems Inc., Nitto Group, Pall Corporation, The DOW Chemical Company, and Toray Industries, Inc.

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The other key market players in the value chain include Culligan International Company, Entegris Inc., Linde Group, Merck KGaA, Parker-Hannifin Corporation, Shanghai Sffiltech Co., Ltd., Shanghai Minipore Industrial Co., Ltd., Siemens AG, SPX Corporation, and Uniqflux Membranes LLP.

Key Benefits :

- This report provides a quantitative & qualitative analysis of the current market trends and estimations from 2016 to 2023 to identify the prevailing market opportunities in the different application segments.
- Market trends of major countries in each region are mapped according to anticipated market revenue.
- Top investment pockets highlight the opportunities in the most lucrative application segment.
- Comprehensive analysis of the factors that drive and restrict the market growth is provided.
- An in-depth analysis of different regulations within the market is provided.
- Key manufactures of nanofiltration membranes are profiled and their recent developments are listed.

Nanofiltration Membranes Market Key Segments:

By Type

- Polymeric
- Ceramic
- Hybrid

By Application

- Water & Wastewater Treatment
- Food & Beverages
- Chemical & Petrochemical
- Pharmaceutical & Biomedical
- Others (Textiles, Agriculture, Metalworking, and Solid Waste Management)