Market Size of Nanoporous Membranes Industry
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
CAGR | > 7.00 % |
Fastest Growing Market | South America |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Nanoporous Membranes Market Analysis
The nanoporous membranes market is expected to register a CAGR of over 7% during the forecast period. The major factors driving the market studied include growing need to treat wastewater and rising water desalination activities. Low adoption rate of these membranes by developing countries and poor fouling resistance of the nanoporous membranes are going to hinder the market growth.
- North America is expected to dominate the global market during the forecast period.
- Surface grafting of fouling-resistance membrane is likely to act as opportunity in the future.