Polymer Nanomembrane Market Share

North American Market Statistics

North America in polymer nanomembrane market is estimated to account for revenue share of around 45% by 2037. The market revenue in the region is credited to the rising production of chemicals. As a result, the demand for polymer nanomembranes may tremendously increase to meet the need for advanced filtration and separation technologies rising from the extensive production of chemicals.

Additionally, the growing research and developments in the US are probable to drive market expansion. For instance, Researchers from Northwestern University in Evanston, USA; Queen Mary University of London; Imperial College London; and the Bielefeld University of Germany have created a new kind of polymer nanomembrane containing coordinated supramolecular macrocycle molecules to show how these small cavities could be arranged and aligned using selectively functionalized macrocycle molecules, crucial for confirming the molecular architecture and providing basic knowledge of these membranes.

As the fourth-largest producer of crude oil and the fifth-largest producer of natural gas worldwide, Canada is a leader in the production of both natural gas and oil, which may augment market demand.

European Market Analysis

The Europe region will also encounter tremendous growth for the polymer nanomembrane market in the coming years and will hold the second position owing to the increasing focus on sustainability, leading to a higher demand for polymer nanomembranes which is becoming more and more popular as sustainable materials to solve environmental issues.

By 2030, the European Union hopes to establish a sustainable Europe through the European Green Deal, which addresses issues with pollution, energy, transportation, biodiversity, and climate change.

Italy is a major producer of agricultural products and a major food processor, which may boost the demand for polymer nanomembranes as a variety of polymeric nanoparticles, including chitosan, PVA, lipids, and PLGA, are applied in agriculture to promote plant development and manage pests, and act as pesticide carrier systems.

The need for more pure chemical solutions to clean wafers is growing on account of technical advancements in biotech and electrical devices in Germany, leading to higher demand for polymer nanomembranes, which are considered as cost-effective and mechanically sound than their inorganic equivalents.