Market Trends of Nanoporous Membranes Industry
This section covers the major market trends shaping the Nanoporous Membranes Market according to our research experts:
Growing Demand from Water Treatment Application
- Nanoporous membrane exhibits high performance for water purification. It helps to filter pollutants, such as metallic ions, salts, organic molecules, and microbes from wastewater. To design high-performance nanoporous membranes for water purification, various types of organic, inorganic, and hybrid materials are used.
- The water treatment industry has been witnessing strong growth, which is widely fueled by the increased industrial demand for water.
- As water is utilized in huge quantities in numerous industries, such as power, steel, mining, & metallurgy, petrochemicals, oil and gas, food and beverage, and textile and dyes, various governments across the world are found implementing regulations on these industries related to wastewater treatment before releasing the water back into the environment.
- Such market requirements are leading to increasing the number of water treatment plants across the world. Northeast Water Purification Plant (NEWPP) Expansion Phase 2 in Texas, United States, Bull Run Filtration Project in Oregon, United States, Reconstruction Project of Linville Water Treatment Plant in South East Queensland, Australia, etc. are some of the upcoming projects.
- Hence, with all such projects to come, the demand for nanoporous membranes is expected to increase for water treatment applications during the forecast period.
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United States is Expected to Dominate the Market in the North America Region
- The United States is a major industrialized country that houses multiple industries in heavy, medium-scale, and small-scale categories. The country is known for its booming commercial activities
- Moreover, the USEPA has also been focusing on supplying clean drinking water and runs a fund called ‘Clean Water State Revolving Fund’, through which it finances the environmental compliances to meet the infrastructural needs. Apart from the funds, the government is also encouraging private investments in the treatment of water and wastewater.
- The usage of biological water treatment technologies is increasing in other industries, such as food and beverage, paper and pulp, pharmaceutical, chemical industries, etc.
- The United States Naval Research Laboratory developed nanoporous membrane microbial fuel cells that use a non-PEM to generate passive diffusion within the cell. The membrane is a nonporous polymer filter (nylon, cellulose, or polycarbonate). It offers comparable power densities to Nafion (a well-known PEM), with greater durability.
- Hence, with such innovations, coupled with rapidly growing end users, are expected to boost the demand for nanoporous membranes in the country, during the forecast period.
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