The market size of nanofiltration membranes by revenue will reach USD 974 million by 2026-Arizton

2021-12-13 18:19:34 By : Mr. kelvin meng

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Chicago, December 7, 2021/PRNewswire/-The Bennano Filtration Membrane Market report contains in-depth analysis and data-driven insights on the impact of COVID-19. 

It is expected that the compound annual growth rate of the nanofiltration membrane market during 2020-2026 will exceed 6%.  

The main highlights provided in the report:   

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Nanofiltration membrane market by type

Nanofiltration membrane market by membrane type

Nanofiltration membrane market applications

An increasing number of emission industries are expected to create more opportunities for nanofiltration membranes used in water treatment. Therefore, the acceleration of urbanization and the increase of consumer awareness will accelerate the demand for nanofiltration membranes during the forecast period. IT has become very important for companies that have operating treatment plants to comply with strict environmental standards. Such strict wastewater treatment regulatory standards will accelerate the demand for nanofiltration membranes in the next few years. Rapid industrialization and the promulgation of favorable government policies to improve existing wastewater treatment plants with nanofiltration membrane technology are expected to drive market growth.

The main driving factors and trends driving market growth: 

With the increasing adoption of nanofiltration membranes in several end-use industries, the demand for nanofiltration membranes in this region is expected to increase substantially. Increasing investments in research and development programs are supporting the growth of the North American nanofiltration membrane and module market to increase the technology and demand for water treatment systems in the region. The overall economic growth of the United States has driven the demand for nanofiltration membranes. Stable growth in the United States is expected to stimulate industrial activity, thereby boosting the country's demand for NF membranes. In Canada, Quebec, Ontario and British Columbia are major cities with developed mining industries. Therefore, the demand for NF membranes and modules in these cities is gaining moderate traction and driving the growth of the North American market.

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Nanofiltration membrane market by region

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