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According to IMARC Group latest report titled” Nonwoven Industrial Membrane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market grew at a CAGR of around 5% during 2015-2020. The global Nonwoven Industrial Membrane Market share to exhibit moderate growth during the next five years. Nonwoven industrial membranes are sheets or web structures utilized in the process of separation and water steam recovery. They are chemically, mechanically, or thermally bonded together with the help of filaments or entangling fibers. Some of the commonly used nonwoven industrial membranes include tubular, plate and frame, hollow fiber, and spiral wound. These membranes offer high durability, minimized costs, better adaptability, enhanced affordability, etc. They find numerous applications across several industries, pharmaceuticals, chemical, wastewater treatment, food and beverages, etc.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The increasing utilization of nonwoven industrial membranes in wastewater treatment solutions is primarily driving the market growth. These membranes play an important role in treating and filtering wastewater by separating various components of fluid to produce potable water. Numerous other factors, such as the widespread adoption of nonwoven membranes for ensuring the safety and hygiene of food items, the stringent government regulations on the reduction of carbon footprints, and the rising demand for air filters across various industries, are expected to further contribute to the global market for nonwoven industrial membranes over the forecasted period.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
Nonwoven Industrial Membrane Market Segmentation:
Our report has categorized the market based on Region, Module and Application.
Market Breakup by Module:
Market Breakup by Application:
Market Breakup by Region:
Key highlights of the report:
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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